Real Estate Investment Properties for Sale in Hawaii

Looking for investment property in Hawaii with high ROI ?

Explore a variety of short-term homes & houses in Hawaii. Invest wisely with VRBO & Hawaii Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Hawaii

Q: Which city in Hawaii to invest in for highest ROI on long term rental properties in 2024

In 2024, Pahoais the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1655 Makaloa Street #1009 Honolulu, HI Recently renovated 10th-floor unit in the heart Honolulu offers a perfect blend of comfort...	1 beds \| 1 baths \| 484 sq.ft.	$342,000	Airbnb cash on cash: 4.57% Traditional cash on cash: 4.48% Airbnb Rental Income: $2566 Traditional Rental Income: $1920 Airbnb ROI: 4.57% Traditional ROI: 4.48%
1088 Bishop Street #3706 Honolulu, HI THE ONLY LEGAL SHORT-TERM DAILY RENTAL CONDO-HOTEL in the heart of the downtown Honolulu d...	1 beds \| 1 baths \| 798 sq.ft.	$628,000	Airbnb cash on cash: 3.73% Traditional cash on cash: 2.35% Airbnb Rental Income: $3863 Traditional Rental Income: $2222 Airbnb ROI: 3.73% Traditional ROI: 2.35%
321 Portlock Road Honolulu, HI Main home features 3 bedrooms, two bathrooms, open floor plan with views to private lush b...	5 beds \| 4 baths \| 3,857 sq.ft.	$2,850,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.1% Airbnb Rental Income: $null Traditional Rental Income: $5701 Airbnb ROI: N/A Traditional ROI: 1.1%
243 Portlock Road Honolulu, HI NEW LISTING!! Discover the epitome of island living in this exquisitely remodeled and impe...	5 beds \| 4 baths \| 5,389 sq.ft.	$3,950,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.38% Airbnb Rental Income: $null Traditional Rental Income: $5338 Airbnb ROI: N/A Traditional ROI: 0.38%
96 Niuiki Circle Honolulu, HI This stunning, new tropical modern home epitomizes seamless indoor/outdoor living! Boastin...	4 beds \| 6 baths \| 5,518 sq.ft.	$11,898,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.36% Airbnb Rental Income: $null Traditional Rental Income: $7366 Airbnb ROI: N/A Traditional ROI: -0.36%
1221 Victoria Street #2604 Honolulu, HI Discover your own urban sanctuary with sweeping ocean and city views in this expansive, hi...	2 beds \| 2 baths \| 1,870 sq.ft.	$318,000	Airbnb cash on cash: 4.78% Traditional cash on cash: 11.61% Airbnb Rental Income: $2677 Traditional Rental Income: $4084 Airbnb ROI: 4.78% Traditional ROI: 11.61%
1925 Kalakaua Avenue #1902 Honolulu, HI YOUR BEAUTIFUL OCEANVIEW ACROSS FEDERAL PARK LAND. Behold your ocean and Fort DeRussey P...	1 beds \| 1 baths \| 650 sq.ft.	$570,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.58% Airbnb Rental Income: $null Traditional Rental Income: $2096 Airbnb ROI: N/A Traditional ROI: 2.58%
2240 Kuhio Avenue #2011 Honolulu, HI HIGH FLOOR 1-bedroom , 1-bath, 1-parking unit on21st floor at popular Royal Kuhio with gor...	1 beds \| 1 baths \| 516 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.89% Airbnb Rental Income: $null Traditional Rental Income: $2054 Airbnb ROI: N/A Traditional ROI: 10.89%
255 Beach Walk #55 Honolulu, HI Incredible opportunity to own a rarely available unit in Regency on BeachWalk, a 24hr secu...	1 beds \| 1 baths \| 639 sq.ft.	$598,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.19% Airbnb Rental Income: $null Traditional Rental Income: $2036 Airbnb ROI: N/A Traditional ROI: 2.19%
2161 Kalia Road #406 Honolulu, HI World Famous Waikiki Beachfront! Spacious 1 Bedroom at the Waikiki Shore with remodeled an...	1 beds \| 1 baths \| 830 sq.ft.	$1,790,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.32% Airbnb Rental Income: $null Traditional Rental Income: $2416 Airbnb ROI: N/A Traditional ROI: 0.32%
444 Niu Street #2801 Honolulu, HI LEGAL SHORT TERM / DAILY VACATION RENTALS ALLOWED! This great Waikiki vacation friendly co...	1 beds \| 2 baths \| 576 sq.ft.	$565,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.13% Airbnb Rental Income: $null Traditional Rental Income: $2414 Airbnb ROI: N/A Traditional ROI: 3.13%
1717 Ala Wai Boulevard #2010 Honolulu, HI Corner end unit. 3 Bed 2 Bath, ocean views, high floor, large lanai, close to world famous...	3 beds \| 2 baths \| 1,230 sq.ft.	$717,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.88% Airbnb Rental Income: $null Traditional Rental Income: $3519 Airbnb ROI: N/A Traditional ROI: 3.88%
411 Hobron Lane #1901 Honolulu, HI Donât Miss Out on This Amazing Opportunity! Discover the perfect blend of city living an...	1 beds \| 1 baths \| 600 sq.ft.	$468,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.45% Airbnb Rental Income: $null Traditional Rental Income: $2150 Airbnb ROI: N/A Traditional ROI: 3.45%
1777 Ala Moana Boulevard #2309 Honolulu, HI Great Investment property! Mountain side 2bed 2bath corner unit with bonus ocean view! Ful...	2 beds \| 2 baths \| 1,240 sq.ft.	$1,500,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.18% Airbnb Rental Income: $null Traditional Rental Income: $3402 Airbnb ROI: N/A Traditional ROI: 1.18%
1837 Kalakaua Avenue #2803 Honolulu, HI Allure Waikiki stands as one of Waikiki's most established luxury condominium residences. ...	2 beds \| 2 baths \| 1,145 sq.ft.	$1,290,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.77% Airbnb Rental Income: $null Traditional Rental Income: $3559 Airbnb ROI: N/A Traditional ROI: 1.77%
1777 Ala Moana Boulevard #2426 Honolulu, HI PRICE TO SALE. This Iconic Ilikai Hotel is located by the Waikiki Yacht Harbor, Close to A...	2 beds \| 2 baths \| 1,240 sq.ft.	$2,080,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.53% Airbnb Rental Income: $null Traditional Rental Income: $3360 Airbnb ROI: N/A Traditional ROI: 0.53%
383 Kalaimoku Street #3502 Honolulu, HI Welcome to the Ritz Carlton Residences where modern luxury and elegance meet island living...	3 beds \| 3 baths \| 1,904 sq.ft.	$3,850,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.03% Airbnb Rental Income: $null Traditional Rental Income: $4141 Airbnb ROI: N/A Traditional ROI: -0.03%
78-6920 ALII DR #132 Kailua Kona, HI This ground floor condo at Country Club Villas is what you've been waiting for. Located on...	2 beds \| 2 baths \| 1,000 sq.ft.	$789,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.61% Airbnb Rental Income: $null Traditional Rental Income: $2912 Airbnb ROI: N/A Traditional ROI: 0.61%
77-417 PELENIKE DR Kailua Kona, HI SPRAWLING PLANTATION STYLE HOME - a series of unique structures joined by an expansive cov...	3 beds \| 4 baths \| 2,500 sq.ft.	$2,299,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.76% Airbnb Rental Income: $null Traditional Rental Income: $4797 Airbnb ROI: N/A Traditional ROI: 0.76%
78-6842 ALII DR #1201 Kailua Kona, HI An End Unit with bridge access and no stairs includes an STVR permit. It is currently in t...	2 beds \| 2 baths \| 1,527 sq.ft.	$989,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.37% Airbnb Rental Income: $null Traditional Rental Income: $3786 Airbnb ROI: N/A Traditional ROI: 0.37%
69-1648 PUAKO BEACH DR Kamuela, HI Inviting Puako oceanfront home located within steps of a small sandy beach and easy ac...	3 beds \| 3 baths \| 2,520 sq.ft.	$6,875,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.23% Airbnb Rental Income: $null Traditional Rental Income: $4431 Airbnb ROI: N/A Traditional ROI: -1.23%
65-1239 LAELAE RD Kamuela, HI Located in Waimea Homesteads, one of the most desirable areas of Waimea within walking dis...	4 beds \| 4 baths \| 3,636 sq.ft.	$2,250,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.07% Airbnb Rental Income: $null Traditional Rental Income: $5158 Airbnb ROI: N/A Traditional ROI: 1.07%
75-6060 KUAKINI HWY #G2 Kailua Kona, HI Beautiful ground floor unit. Unobstructed sunset and ocean views from the living room and...	2 beds \| 2 baths \| 981 sq.ft.	$790,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.88% Airbnb Rental Income: $null Traditional Rental Income: $2953 Airbnb ROI: N/A Traditional ROI: 0.88%
68-751 Crozier Drive Waialua, HI Discover the epitome of coastal Hawaii living in this beautiful turn-key furnished North S...	4 beds \| 3 baths \| 2,425 sq.ft.	$3,595,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.32% Airbnb Rental Income: $null Traditional Rental Income: $4673 Airbnb ROI: N/A Traditional ROI: 0.32%
68-265 Olao Place Waialua, HI Discover unparalleled privacy and country elegance with this breathtaking Mokuleia estate....	4 beds \| 3 baths \| 5,522 sq.ft.	$3,800,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.31% Airbnb Rental Income: $null Traditional Rental Income: $4719 Airbnb ROI: N/A Traditional ROI: 0.31%
54-269 Kamehameha Highway #C Hauula, HI Improved price! Relax to the gentle sound of the ocean a short walk away. Wide open grassy...	3 beds \| 1 baths \| 858 sq.ft.	$729,000	Airbnb cash on cash: 7.12% Traditional cash on cash: 2.67% Airbnb Rental Income: $7022 Traditional Rental Income: $2640 Airbnb ROI: 7.12% Traditional ROI: 2.67%
92-113 Leipapa Way Kapolei, HI Come and see this beautiful and spacious single-story home in Upper Makakilo. There is a ...	3 beds \| 2 baths \| 1,368 sq.ft.	$970,000	Airbnb cash on cash: 9.85% Traditional cash on cash: 3.05% Airbnb Rental Income: $12113 Traditional Rental Income: $3774 Airbnb ROI: 9.85% Traditional ROI: 3.05%
84-520 Farrington Highway #12 Waianae, HI Huge price reduction and assumable VA! Welcome to beautiful Makaha Village! This home is t...	3 beds \| 2 baths \| 1,510 sq.ft.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.15% Airbnb Rental Income: $null Traditional Rental Income: $3947 Airbnb ROI: N/A Traditional ROI: 6.15%
84-725 Hanalei Street Waianae, HI Have you been searching for a single-family home under $600k? Look no further! This move-i...	3 beds \| 2 baths \| 1,104 sq.ft.	$595,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.72% Airbnb Rental Income: $null Traditional Rental Income: $3289 Airbnb ROI: N/A Traditional ROI: 4.72%
400 HUALANI ST #4226 Hilo, HI Exceptional opportunity to acquire a 1-bedroom, 1-bathroom dual entry condominium consisti...	1 beds \| 1 baths \| 519 sq.ft.	$235,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 3.51% Airbnb Rental Income: $2065 Traditional Rental Income: $1859 Airbnb ROI: 2.04% Traditional ROI: 3.51%
91-1159 Waipuhia Street Ewa Beach, HI Price REDUCTION - Outstanding 4 Bedroom 2 1/2 Baths Single Family Home at Ka Makana @ Hoak...	4 beds \| 3 baths \| 2,157 sq.ft.	$1,115,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.43% Airbnb Rental Income: $null Traditional Rental Income: $4744 Airbnb ROI: N/A Traditional ROI: 3.43%
525 ALEKA LP #G9 KAPAA, HI One of the best situated 1bd/1 ba units at the Plantation Hale, this is a top floor corner...	1 beds \| 1 baths \| 633 sq.ft.	$515,000	Airbnb cash on cash: 1.42% Traditional cash on cash: -0.67% Airbnb Rental Income: $3753 Traditional Rental Income: $1934 Airbnb ROI: 1.42% Traditional ROI: -0.67%
4480 KA HAKU RD #204 Princeville, HI Discover this serene rare and unique sought after upper floor 1-bedroom, 2-bath condominiu...	1 beds \| 2 baths \| 1,058 sq.ft.	$995,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.39% Airbnb Rental Income: $null Traditional Rental Income: $2998 Airbnb ROI: N/A Traditional ROI: -0.39%
2253 POIPU RD #61 KOLOA, HI This is a leasehold property. <br><br>Gorgeous Kiahuna Plantation with an Air Conditioner ...	1 beds \| 1 baths \| 640 sq.ft.	$360,000	Airbnb cash on cash: 7.53% Traditional cash on cash: -2.09% Airbnb Rental Income: $6871 Traditional Rental Income: $2285 Airbnb ROI: 7.53% Traditional ROI: -2.09%
2253 POIPU RD #41 KOLOA, HI This is a leasehold property.<br><br>One of the few units at Kiahuna Plantation with Air C...	1 beds \| 1 baths \| 620 sq.ft.	$360,000	Airbnb cash on cash: 7.25% Traditional cash on cash: -2.37% Airbnb Rental Income: $6871 Traditional Rental Income: $2285 Airbnb ROI: 7.25% Traditional ROI: -2.37%
91-640 Makalea Street #80 Ewa Beach, HI VA LOAN ASSUMPTION AVAILABLE 3.62%!! Discover your dream home on a spacious corner lot! Th...	4 beds \| 3 baths \| 1,495 sq.ft.	$870,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.76% Airbnb Rental Income: $null Traditional Rental Income: $4035 Airbnb ROI: N/A Traditional ROI: 3.76%
2253 POIPU RD #134 KOLOA, HI This is a leasehold property. Located in the heart of Kiahuna Plantation, this true ground...	1 beds \| 1 baths \| 640 sq.ft.	$445,000	Airbnb cash on cash: 5.46% Traditional cash on cash: -2.34% Airbnb Rental Income: $6871 Traditional Rental Income: $2285 Airbnb ROI: 5.46% Traditional ROI: -2.34%
94-103 Poohuku Way #59 Waipahu, HI Prime living in Royal Kunia with this exceptional 3-bedroom, 2-bathroom home nestled on a ...	3 beds \| 2 baths \| 1,359 sq.ft.	$965,000	Airbnb cash on cash: 4.54% Traditional cash on cash: 3.28% Airbnb Rental Income: $6345 Traditional Rental Income: $3968 Airbnb ROI: 4.54% Traditional ROI: 3.28%
4771 PEPELANI LP #1611 Princeville, HI Located in the heart of Princevilleâs Visitor Destination Area. This condo offers the lu...	2 beds \| 2 baths \| 1,153 sq.ft.	$960,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.21% Airbnb Rental Income: $null Traditional Rental Income: $3344 Airbnb ROI: N/A Traditional ROI: 0.21%
92-502 Waokele Street Kapolei, HI Spectacular Diamond Head & Ocean views from this original model home, Kahiwelo at Makakilo...	3 beds \| 3 baths \| 1,672 sq.ft.	$1,249,000	Airbnb cash on cash: 7.42% Traditional cash on cash: 2.43% Airbnb Rental Income: $12113 Traditional Rental Income: $4113 Airbnb ROI: 7.42% Traditional ROI: 2.43%

Real Estate investment in Hawaii

There are 2,537 properties available for sale in the state of Hawaii. Pahoa, Volcano and Keaau are the best rental property markets in Hawaii. The average median price of properties for sale in these cities are $488,833 and the average price per square foot is $0. Their average monthly cash on cash return is 6.67%.

Hawaii Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 2,537 investment properties available for sale in Hawaii.

In 2024, Pahoa is the best city to buy investment properties. Find more investment properties today!

In 2024, Pahoa (8%) and Volcano (7%) has the highest cash on cash return for long term rentals in Hawaii.

Your search for investment property begins and ends here

Investment Property for Sale in Hawaii

1655 Makaloa Street #1009

Honolulu, HI

1 beds | 1 baths | 484 sq.ft.

$342,000

Airbnb cash on cash: 4.57%

Traditional cash on cash: 4.48%

Airbnb Rental Income: $2566

Traditional Rental Income: $1920

Airbnb ROI: 4.57%

Traditional ROI: 4.48%

1088 Bishop Street #3706

Honolulu, HI

1 beds | 1 baths | 798 sq.ft.

$628,000

Airbnb cash on cash: 3.73%

Traditional cash on cash: 2.35%

Airbnb Rental Income: $3863

Traditional Rental Income: $2222

Airbnb ROI: 3.73%

Traditional ROI: 2.35%

321 Portlock Road

Honolulu, HI

5 beds | 4 baths | 3,857 sq.ft.

$2,850,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.1%

Airbnb Rental Income: $null

Traditional Rental Income: $5701

Airbnb ROI: N/A

Traditional ROI: 1.1%

243 Portlock Road

Honolulu, HI

5 beds | 4 baths | 5,389 sq.ft.

$3,950,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.38%

Airbnb Rental Income: $null

Traditional Rental Income: $5338

Airbnb ROI: N/A

Traditional ROI: 0.38%

96 Niuiki Circle

Honolulu, HI

4 beds | 6 baths | 5,518 sq.ft.

$11,898,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.36%

Airbnb Rental Income: $null

Traditional Rental Income: $7366

Airbnb ROI: N/A

Traditional ROI: -0.36%

1221 Victoria Street #2604

Honolulu, HI

2 beds | 2 baths | 1,870 sq.ft.

$318,000

Airbnb cash on cash: 4.78%

Traditional cash on cash: 11.61%

Airbnb Rental Income: $2677

Traditional Rental Income: $4084

Airbnb ROI: 4.78%

Traditional ROI: 11.61%

1925 Kalakaua Avenue #1902

Honolulu, HI

1 beds | 1 baths | 650 sq.ft.

$570,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.58%

Airbnb Rental Income: $null

Traditional Rental Income: $2096

Airbnb ROI: N/A

Traditional ROI: 2.58%

2240 Kuhio Avenue #2011

Honolulu, HI

1 beds | 1 baths | 516 sq.ft.

$165,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.89%

Airbnb Rental Income: $null

Traditional Rental Income: $2054

Airbnb ROI: N/A