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$4,900,000
202603620 MLS ⋅ FS - Fee Simple Tenure
Rarely available apartment building in Waikiki, offering strong income potential and long-term value in one of Honolulu’s most desirable rental markets. Current rents are below market, creating excellent upside potential. This well-maintained solid hollow-tile structure features a classic tiled exterior and covered parking. Each unit is individually metered for electricity with a shared water meter. All residences offer generous interior space with private lanais or patios. The property consists of one expansive 3-bedroom, 2-bath penthouse and fourteen 1-bedroom units. Interior upgrades have been completed throughout, including durable high-quality tile flooring, updated kitchens, modernized bathrooms, and newly refurbished railings. Additional monthly revenue is generated from leased coin-operated laundry machines and parking income. Pro forma rental income analysis is available. In 2025, the entire property underwent a plumbing inspection and repair process.

254 Kaiulani Avenue, Honolulu

Listing courtesy of Locations LLC.

$282,000
1 Beds ⋅ 1 Baths ⋅ 202604553 MLS ⋅ FS - Fee Simple Tenure ⋅ Promenade BLDG.
Located on one of the most desirable residential streets in Waikiki, this charming two-story walk-up offers classic 1960s Hawai‘i character in a quiet, shaded garden setting. This 1-bedroom, 1-bath condo features 420 sq ft with an efficient layout and naturally cool ambiance. Exceptionally low HOA of $378/month — among the lowest in Waikiki. 28-day minimum rentals allowed (Airbnb eligible per guidelines), offering flexibility for part-time living or investment. All comments, data is provided by seller or seller's representatives. Buyer to confirm all & hold all parties harmless from any discrepancy data in the mls and advertising. Limited Service–Data Entry Addendum signed by seller/s must be signed by buyer/s with Purchase Contract.

423 Kaiolu Street Unit 203, Honolulu

Listing courtesy of Nathalie Mullinix R. U., Inc..

$347,000
1 Baths ⋅ 202603857 MLS ⋅ FS - Fee Simple Tenure ⋅ Palms At Waikiki BLDG.
Turnkey, fully furnished legal short-term rental at Palms at Waikiki on the desirable west end of Waikiki near Ala Moana Center and Waikiki Beach. Currently operating as a vacation rental with professional third-party management, offering immediate income potential. Seller fully paid off the $8,649.26 special assessment in Fall 2025. Building amenities include security patrol, a ground-floor restaurant, air-conditioned hallways, hardwired smoke detectors, and a fire sprinkler system. The maintenance fee covers central AC, electricity, internet, cable TV, water, and sewer, helping simplify expenses and improve cash-flow predictability. Conveniently located near shopping, dining, the Hawaii Yacht Club, and Waikiki’s weekly Friday night fireworks. Ideal for investors seeking a legal, income-producing property in one of Waikiki’s most recognized short-term rental buildings.

1850 Ala Moana Boulevard Unit 220, Honolulu

Listing courtesy of Coldwell Banker Realty.

$200,000
1 Baths ⋅ 202601450 MLS ⋅ FS - Fee Simple Tenure ⋅ Rosalei Ltd BLDG.
Best-priced fee simple studio in Waikiki ,fully hurricane insured! This spacious studio features a full kitchen, private lanai with great cross-breezes. Located in The Rosalei, a secure and well-maintained building with a pool, community laundry, and on-site management. Major building upgrades include completed full plumbing and re-pipe, exterior painting and spalling repairs, upgraded water heating systems, and modernized elevators. Maintenance fees include electricity, cable, internet, water, sewer, and hot water. Close to beaches, parks, dining, shopping, and the Honolulu Zoo. Parking available nearby.

445 Kaiolu Street Unit 214, Honolulu

Listing courtesy of Locations LLC.

$299,000
1 Baths ⋅ 202601826 MLS ⋅ FS - Fee Simple Tenure ⋅ Bamboo BLDG.
Own a legal short-term rental in the heart of Waikiki. This studio unit at the Bamboo building offers an ideal setup for vacation rentals or living, just minutes from world-famous Waikiki Beach, shopping, dining, and nightlife. This unit features the preferred double bed layout, kitchenette, natural light, balcony, and split AC. Bamboo Waikiki is a well-known boutique-style building with a tropical atmosphere that visitors love, making it a popular choice for vacationers year-round. Excellent income potential in one of Honolulu’s most desirable resort destinations. Open house 12:30-2:30pm Feb. 14

2425 Kuhio Avenue Unit 608, Honolulu

Listing courtesy of REMAX Hawaii.

$35,000
202601602 MLS ⋅ FS - Fee Simple Tenure ⋅ Aloha Lani BLDG.
RARE Parking Stall opportunity to woner a FEE SIMPLE Parking Stall in the heart of Waikiki. Located in the Aloha Lani.

2211 Ala Wai Boulevard Unit A210, Honolulu

Listing courtesy of Hawaii House Inc..

$82,000
1 Baths ⋅ 202601684 MLS ⋅ LH - Leasehold Tenure ⋅ Kuhio Village 2 BLDG.
Kuhio Village is the best kept secret in Waikiki as an affordable investment property. Short term rentals allowed with Resort Mixed Use zoning (no NCU permit required) providing the prefect home away from home. Only two short blocks to famous, sandy, Waikiki Beach, close to the zoo, park and all that Waikiki has to offer. Close to bus line and public parking garage (prepaid) is available in the basement for hourly or up to 24 hours parking. Kuhio Village completed the spalling and building painting project in 2021 and the lobby renovations are almost complete. New FOB system, 64-channel security camera system, a new sign in kiosk, and a new key vault system. Kuhio Village has on-site security from 4pm to 6am daily and on-site building AOAO management who offers surfboard rack and bike rack rentals. And a new laundry room is coming soon. 2026 Maintenance Fee $805.52 includes Electric, Water / Sewer, Hot Water, Cable TV, Internet, Security & onsite management; Special Assessment of $93.97 monthly through Dec 2027. Kuhio Village building zoned Resort Mixed-use which allows for daily rentals (or less than 30 day rentals) legally without an NUC.

2450 Prince Edward Street Unit 202A, Honolulu

Listing courtesy of Hawaii Dream Realty LLC.

$288,000
1 Baths ⋅ 202601025 MLS ⋅ FS - Fee Simple Tenure ⋅ Bamboo BLDG.
Price reduced again to $288,000.00! Must see unit! Located on Kuhio Avenue near Waikiki Beach, this preferred two queen bed unit includes a kitchenette with a cooktop, large refrigerator, microwave, coffee maker, and other essential amenities. The building features tropical style pool areas, a jacuzzi, and a poolside bar and restaurant.

2425 Kuhio Avenue Unit 503, Honolulu

Listing courtesy of Coldwell Banker Realty.

$330,000
1 Baths ⋅ 202600753 MLS ⋅ FS - Fee Simple Tenure ⋅ Bamboo BLDG.
Discover this turnkey 264 sq ft studio in boutique Bamboo Waikiki, legally permitted for short-term rentals and in resort zoning. This furnished unit is on serene side away from Kuhio Avenue, providing tranquil retreat steps from Waikiki. Features include kitchenette with two-burner cooktop, full-size refrigerator, microwave, coffee maker, plus bathroom with tub/shower. Recent upgrades include new split air conditioning, sound-dampening glass doors, renovated elevators. Property showcases lagoon-style pool with cascading waterfall surrounded by tropical foliage. Additional amenities include jacuzzi, BBQ, lounge chairs, thatched cabana seating, Ko Tiki Terrace poolside restaurant. Castle Resorts operates front desk, or opt for independent self-management. Prime central Waikiki location places you less than 1.5 blocks from Waikiki Beach, moments from International Market Place, Royal Hawaiian Center, luxury boutiques, acclaimed dining, entertainment. Monthly maintenance fee covers all utilities: electricity, water, sewer, cable TV, high-speed WiFi. Excellent investment in boutique property known for strong occupancy rates and zen-inspired atmosphere.

2425 Kuhio Avenue Unit 502, Honolulu

Listing courtesy of Hawaii Modern Realty.

$515,000
2 Beds ⋅ 2 Baths ⋅ 202600652 MLS ⋅ FS - Fee Simple Tenure ⋅ Palms Inc BLDG.
2-bedroom, 2-bath unit in the Palms building, Waikiki. The layout offers flexibility with one bedroom and bathroom positioned separately with it's own independent entrance, allowing for added privacy or alternative use. Functional floor plan with defined living areas and well-proportioned rooms. Convenient Waikiki location close to shopping, dining, and everyday amenities. Pet friendly and VA approved!

431 Nahua Street Unit 307, Honolulu

Listing courtesy of Real Broker.

$85,000
1 Baths ⋅ 202527868 MLS ⋅ LH - Leasehold Tenure ⋅ Kuhio Village 2 BLDG.
This delightful, fully furnished studio is nestled in the heart of Waikiki's resort zone, offering an exceptional opportunity for investors or those seeking a personal island retreat. Located just two blocks from world-famous Waikiki Beach, and moments from premier shopping, dining, and entertainment, the location is unbeatable. Flexible short-term rental options make this property ideal for maximizing income potential. The building features on-site security, basement-level paid parking garages, and convenient bike and surfboard storage. Don't miss your chance to own a piece of paradise in one of Honolulu's most vibrant neighborhoods. Seller financing options may be available.

2450 Prince Edward Street Unit 208A, Honolulu

Listing courtesy of Talk Realty LLC.

$85,000
1 Baths ⋅ 202527807 MLS ⋅ LH - Leasehold Tenure ⋅ Kuhio Village 2 BLDG.
This delightful, fully furnished studio is nestled in the heart of Waikiki's resort zone, offering an exceptional opportunity for investors or those seeking a personal island retreat. Located just two blocks from world-famous Waikiki Beach, and moments from premier shopping, dining, and entertainment, the location is unbeatable. Flexible short-term rental options make this property ideal for maximizing income potential. The building features on-site security, basement-level paid parking garages, and convenient bike and surfboard storage. Don't miss your chance to own a piece of paradise in one of Honolulu's most vibrant neighborhoods.

2450 Prince Edward Street Unit 201A, Honolulu

Listing courtesy of Talk Realty LLC.

$447,000
1 Baths ⋅ 202525357 MLS ⋅ FS - Fee Simple Tenure ⋅ Tradewinds Plaza BLDG.
Fantastic investment opportunity just steps from world-famous Waikiki Beach and the Honolulu Zoo! 2572 Lemon Road #610 is a fully renovated studio offering modern finishes, an efficient layout, and excellent rental potential. One of the few units in the building with a rented parking stall, providing added income and convenience. Prime location near shops, dining, and surf — ideal for owners seeking strong rental demand and consistent occupancy. Buyer to conduct due diligence regarding rental rules and building use.

2572 Lemon Road Unit 610, Honolulu

Listing courtesy of Compass.

$360,000
1 Beds ⋅ 1 Baths ⋅ 202525341 MLS ⋅ FS - Fee Simple Tenure ⋅ Pavilion At Waikiki BLDG.
Priced right for fast sale. Rarely available 2 Parking Stalls (Tandem). The unit is in original condition except laminated wood floor throughout. Washer & Dryer is in the unit. The building is conveniently located close to Hilton Hawaiian Village, Convention Center, and Ala Moana Park and Mall. Building amenities are Pool and BBQ area on the rooftop. 24 hour secured building.

1925 Kalakaua Avenue Unit 703, Honolulu

Listing courtesy of HI Vista Realty.

$229,000
1 Baths ⋅ 202523665 MLS ⋅ FS - Fee Simple Tenure ⋅ Kuhio Village 1 BLDG.
Good Value !!Kuhio Village Tower 1 presents a great investment opportunity to own a legal short-term rental in the heart of Waikiki, just minutes from world-famous Waikiki Beach, the Honolulu Zoo, shops, dining, and public transportation. A nearby parking garage offers both hourly and 24-hour prepaid parking for convenience. The building features enhanced security with a monitoring system, new FOB access, registration kiosk, and key vault system. This turnkey and cozy studio includes a kitchenette with an upgraded, larger refrigerator—ideal for extended guest stays. Maintenance fee covers electricity, water, hot water, cable, internet, on-site management, and security. Motivated seller!

2463 Kuhio Avenue Unit 306, Honolulu

Listing courtesy of Locations LLC.

$209,000
1 Beds ⋅ 1 Baths ⋅ 202518079 MLS ⋅ LH - Leasehold Tenure ⋅ Kalakauan BLDG.
Convenient urban living in the heart of Waikiki, offered at an accessible price point. This one-bedroom leasehold residence at 1911 Kalakaua Ave provides a practical opportunity for buyers seeking a fixed-term Honolulu home through 2035. The unit features a functional one-bedroom layout with window air conditioning. Monthly maintenance fees include electricity, water, sewer, basic cable, internet, and building security, allowing for predictable, all-in monthly ownership costs. The building allows short-term rentals, adding flexibility for owner use, second-home occupancy, or alternative rental strategies, subject to house rules and applicable regulations. Ideally located near Ala Moana Shopping Center, beaches, dining, and public transportation, this residence appeals to buyers who value walkability and central town convenience.

1911 Kalakaua Avenue Unit 406, Honolulu

Listing courtesy of NEXTHOME Hale Realty.

$95,000
1 Baths ⋅ 202515800 MLS ⋅ LH - Leasehold Tenure ⋅ Kuhio Village 2 BLDG.
Located in Waikiki's vibrant resort zone, this fully furnished studio in Kuhio Village II is a legal short-term rental, ideal for investors or as a personal getaway with rental income potential. Positioned within close proximity to Waikiki Beach, shops, restaurants, and entertainment, this unit offers unbeatable convenience in a high-demand location. The is a leasehold property with the lease extending through 2033. The maintenance fee covers cable TV, electricity, hot water, sewer, and common area upkeep, making it easy to manage as a rental or vacation home. The building features paid parking available in the basement, on-site security with night patrols, and is surrounded by everything Waikiki has to offer.

2450 Prince Edward Street Unit 506A, Honolulu

Listing courtesy of Locations LLC.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.