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Kalihi-Palama Multifamily Homes & Duplexes for Sale

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  • /22

    $3,790,000

    954 Akepo Ln, Honolulu, HI 96817

    Investment Opportunity! 15-unit apartment building in Dillingham. 3-story walk-up in the heart of Honolulu, just minutes away from Costco Iwilei, Home Depot, and bus lines. This hollow tile building features 15 identical one-bedroom units and 16 parking stalls. Interior units were remodeled in 2017, offering updated finishes and functional layouts. Each unit has its own electric meter and a

    Erik Taniguchi Keller Williams Honolulu

    954 Akepo Ln, Honolulu, HI 96817
  • /2

    $1,100,000

    827 Gulick Ave, Honolulu, HI 96819

    An excellent investment opportunity in the heart of Kalihi! This fully-occupied 4-unit apartment building offers year-round rental income and is zoned IMX (Industrial-Mixed Use). Hallow tile construction provides durability and low maintenance. Individual electric meters and 4 covered parking. Tenants have their own washer hook up.

    Sanford Ujimori Sanford R. Ujimori Realty, Inc

    827 Gulick Ave, Honolulu, HI 96819
  • /21

    $7,980,000

    1438 Liliha St, Honolulu, HI 96817

    This unique offering includes two adjoining parcels—1431 Holelua Place (TMK: 1-1-7-032-007) and the main property—totaling approximately 18,875 square feet of land. The listed price reflects both parcels and the property is being sold strictly in "As Is" condition with no seller concessions. Conveniently located in town. The additional parcel, 1431 Holelua Place, is currently used for parking,

    Esther Kusunoki List Sotheby's Int'l Realty

    1438 Liliha St, Honolulu, HI 96817
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    $4,600,000

    • 10,785 Sq Ft

    1218 N King St, Honolulu, HI 96817

    Excellent opportunity to manage up to market rents and earn a 6.55% cap! Well maintained three-story BMX-zoned building with mixed use, retail on the bottom front floor. 2 structures connected by a warehouse with 1:1 parking (9 ones, 4 twos, 1 three, and 4 retail [2 of which combine 2 spaces]). Additional parking on the King Street side of the property is used by customers and NOT counted in 17

    Christina Dwight Commercial Inv. Strategies

    1218 N King St, Honolulu, HI 96817
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    $1,499,000

    907 Gulick Ave, Honolulu, HI 96819

    Welcome to this prime opportunity to own a 4 unit building in Kapalama! This multi-family residential building boasts four 2 bed/ 1 bath/ 1 parking units that are all separately metered for electric and water so tenants pay their own utility. The property offers a steady flow of income in a highly rentable area with the net cap rate at 4.64%. The building is very well maintained and is ready for

    Vincent Lao Five Star Realty, Inc.

    907 Gulick Ave, Honolulu, HI 96819

About Kalihi-Palama

Kalihi-Palama, a neighborhood in Honolulu, features a mix of tightly packed single-family homes and condos, primarily on the north side past industrial complexes. Homes here range from small ranch styles to two-story buildings, often requiring renovations, with prices starting at $600,000. Condos, built between the 1960s and 2000s, are typically under 1,000 square feet and range from $190,000 to $650,000. The area has a high rental population, with many apartment buildings on the east side. Sand Island State Recreation Area offers a quieter escape with baseball fields, walking trails, and a waterfront BMX track. Foster Botanical Garden, established in 1853, features old-growth trees and a butterfly garden. Smaller parks like ‘A’ala Park and Beretania Community Park provide basketball courts and dog parks. Dining options include Hawaiian box lunch spots and international cuisine, with notable places like Kamehameha Bakery and Nico’s Pier 38. TheBus public transportation system serves major streets, and Interstate H-1 connects the neighborhood to downtown Honolulu and Daniel K. Inouye International Airport, both about 3 miles away. Traffic can be heavy, especially on the south side. Schools in the area, such as Kalihi Kai Elementary, King David Kalakaua Middle, and Governor Wallace Rider Farrington High, have moderate ratings.

Home Trends in Kalihi-Palama, HI

Home Trends

Median Price (12 Mo)
$415,000
Median Single Family Price
$950,000
Median Townhouse Price
$948,000
Median 2 Bedroom Price
$393,500
Median 1 Bedroom Price
$385,000
Average Price Per Sq Ft
$631
Number of Homes for Sale
17
Last 12 months Home Sales
42
Months of Supply
4.90
Median List Price
$435,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
8%
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