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$2,680,000
202615380 MLS ⋅ FS - Fee Simple Tenure
An exceptional investment opportunity to acquire a well-maintained 5-unit multifamily property in the desirable Punchbowl neighborhood of Honolulu. The property features a diverse unit mix consisting of one studio, one 1-bedroom/1-bathroom, one 2-bedroom/1-bathroom, one 3-bedroom/2bathroom, and one 4-bedroom/2-bathroom unit, along with five covered garage parking stalls. Designed for operational efficiency, all units except the Studio & 1bd/1ba units are separately metered for electricity, making the property easy to self-manage while helping minimize operating expenses. The asset generates strong in-place cash flow with an annual Net Operating Income (NOI) of approximately $110,243. Ideally located just minutes from Downtown Honolulu, Queen’s Medical Center, Kaka'ako, Ala Moana, the University of Hawai'i at Manoa, Roosevelt High School, and Punahou School, the property offers convenient access to major employment centers, shopping, dining, healthcare, and education. This is a rare opportunity for investors seeking a stable, income-producing asset in one of Honolulu’s most centrally located neighborhoods.

1559 Magazine Street, Honolulu

Listing courtesy of Excel Commercial Realty LLC.

$175,000
2 Beds ⋅ 2 Baths ⋅ 202614860 MLS ⋅ LH - Leasehold Tenure ⋅ 965 Prospect BLDG.
Freshly painted unit on the slopes of Punchbowl located close to Downtown Honolulu, medical centers, schools, and Ward Center. This unit offers an open layout, spacious kitchen, and private lanai overlooking sweeping city views. Amenities include swimming pool, BBQ area, and renovation deck. Secured entry with an on-site resident manager. Unit equipped with stack washer-dryer and brand new lanai carpeting. Bright breezy rooms designed to capture island Tradewinds.

965 Prospect Street Unit 403, Honolulu

Listing courtesy of Ivy K Realty, LLC.

$360,000
2 Beds ⋅ 1 Baths ⋅ 202608335 MLS ⋅ FS - Fee Simple Tenure ⋅ Nanihala BLDG.
Welcome to this well-maintained 2 bedroom, 1 bathroom, 1 parking unit in Nanihala. This inviting home offers a functional layout with comfortable living spaces, perfect for those seeking convenience and island living. The unit features a bright and airy interior with ample natural light, a practical kitchen opening up to the living room and lanai. The living room opens up to your private lanai where you can head out for fresh air and cool, island breezes. Enjoy the ease of having your own dedicated, covered parking stall and the peace of a well-situated community. Conveniently located near shopping, dining, schools, UH Manoa, downtown Honolulu, busl ines, and major roadways. This property provides easy access to everything you need while still offering a quiet residential feel. Ideal for first-time buyers, investors, or those looking to downsize without sacrificing comfort. Don’t miss this opportunity to own a charming unit in a desirable location!

1099 Green Street Unit B409, Honolulu

Listing courtesy of Hilina'i Homes Incorporated.

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.