Most Affordable Homes for Sale in Honolulu, HI Right Now
Last updated: June 7, 2024
Honolulu has a median home sale price of $475K, a 4.8% decrease from last year. Homes stay on the market for an average of 77 days and receive an average of 1 offers.
About this home
Amazing investment opportunity! This property is not for owner occupants. Owner is selling only the FEE INTEREST. The leasehold interest is owned by a Japanese corporation that consistently pays the current annual lease rent of $10,817 on time. There will be two more lease rent renegotiations, in 2024 and 2034, before the lease expires 10/31/2039. At lease expiration the fee owner will then own the fee simple interest in this 2-bedroom 2-bath unit and can move in, rent, or sell the unit. Recent fee simple 2-bedroom 2-bath units in this community sold between $615,000 and $632,000, and recent rentals have been $3,000 to $3,500 monthly. Great potential for increased lease rent and appreciation in the remaining 15 years of the lease! During those 15 years the fee owner doesn't have to worry about finding tenants or paying for repairs, maintenance/association fees, property taxes, or any assessments because the leasehold owner is responsible for those expenses. There is no access to see the interior of the unit - leasehold owner has no obligation to provide access. The purchase of this unit will need to be cash or high down payment financing.
About this home
BEST VALUE IN TOWN! Front unit has 2 bedroom/2 bath & Back unit has 2 bedroom/1 bath. Close to Honolulu International Airport, Downtown, Chinatown & Post Office. Minutes walk to markets, eateries, & Honolulu Community College. Near bus lines & easy freeway access. Monthly property tax amount based on 2023 assessment.
About this home
Papakolea Hawaiian Home Lands leasehold property. Excellent location, rare availability. Existing 1980 deferred maintenance home in need of major repair or tear down. LOOKING FOR A CASH BUYER. Upslope home with view of mountain, city and ocean. Large lot. SHOWN BY APPOINTMENT ONLY. DO NOT ENTER PROPERTY WITHOUT LISTING AGENT PRESENT. Buyer must be atleast 50% Hawaiian and active on the Hawaiian Home Lands waitlist. SOLD IN AS IS CONDITION INCLUDING APPLIANCES. Please use Mara Esperas First American Title Kailua for escrow. SELLER MOTIVATED.
About this home
LARGE MASTER BEDROOM UPGRADED KITCHEN Highly desirable 2 bedroom, 2.5 bath corner unit conveniently located near Waikiki and Ala Moana Shopping center. Beautiful views of Diamond Head and amazing cross ventilation throughout the unit. Large Master bedroom and upgraded kitchen. Resident Manager on site, 24 hour security and pet friendly building with lots of amenities! Listed by: (724) 614-8062
About this home
GREAT OPPORTUNITY! CONTRACTOR'S SPECIAL! Don't miss this amazing opportunity to build your dream home on a quiet and large lot (over 7,000 sqft) in Kalihi Valley. Bring your contractor and imagine all the possibilities. Property being sold as-is, but is priced below tax assessed value. Shown by appointment only. Hurry, this one won't last!
About this home
Tucked in the back of stunning Kallihi Valley lies this hidden gem away from it all yet conveniently located just minutes to Honolulu and everywhere you want to be. This home proves that you truly can have it all. Nihi Gardens is a tranquil CPR development. This home is the last property up the shared drieway with no neighbors directly in back. You will enjoy the feeling of being in nature (indoor/outdoor living), the cool breezes, and serene views throughout. 3 bedrooms and 1 full bath are all nicely situated on one level making for easy living. The living/dining/kitchen area graciously lends itself direct access to the lanai areas and back yard space. Parking is a 2 car tandem carport with lots of great storage, laundry area, and stairs leading to the front door. You will not want to miss this affordable piece of paradise.
About this home
Calling all Contractor's. Welcome to the Manoa Streamside Bungalows, eight detached CPR homes adjacent to UH Manoa campus. Surrounded by schools, the 9.3 acre Kanewai park with a lap pool, tennis courts, & baseball field, and the eclectic Kaimuki business district, you’ll love the ultra-convenient location with immediate access to the H-1 freeway and bus lines. Unit #4, is our CONTRACTOR'S SPECIAL offering a 1 bedroom, 1 bath home with large downstairs storage area, excellent privacy, cute yard, and SIX parking spaces. Don't miss this wonderful opportunity to live, work, and play in one of Honolulu's most vibrant neighborhoods. Homes at this competitive price in Honolulu do not last so hurry before it's gone!
About this home
MAJOR PRICE REDUCTION. $180K UNDER TAX ASSESSED LAND VALUE. FIXER UPPER OR TEAR DOWN OPPORTUNITY. HAZARDOUS MATERIAL TESTING PERFORMED ON 1/22/24 BY ENVIRONMENTAL RISK ANALYSIS INC. TESTS SHOW NO SIGNS OF ASBESTOS AND ACCEPTABLE LIMITS FOR OTHER HAZARDOUS MATERIALS. DEBRIS CAN BE DISPOSED OF ON ISLAND. SEE REPORTS IN SUPPLEMENTS. RARELY AVAILABLE PACIFIC HEIGHTS LOT WITH BEAUTIFUL VALLEY AND MOUNTAIN VIEWS ON PRIVATE ROAD. BUYER MUST PERFORM THEIR OWN DUE DILIGENCE. HOME IS PARTIALLY BURNT DOWN. WE HAVE A FORMAL QUOTE FROM AMAZON CONSTRUCTION TO REMOVE THE ENTIRE HOME FOR $80,000 (ALSO IN SUPPLEMENTS).
About this home
Welcome home to this hidden gem in Palolo for an irresistible price! 2-bedrooms, 1-bathroom, and ready to move in. Enjoy the cool Palolo Valley breeze throughout the house. Wind down the day on your own private deck tucked away from the street noise or view. Large carport with space for parking and storage. Conveniently located across the street from Palolo Elementary and a few minute drive to all of what Kaimuki has to offer.
About this home
Calling all contractors! Homes for sale down a private road in a desirable area. Property consists of 2 houses and a large carport on a spacious 8,300 sq ft lot. The back house was a 4 bed/1.5 bath and front house was a 4 bed/1 bath. Concrete part next to the front house had a shower and a toilet. Both houses were affected by a fire last year in March of 2023 but the carport was not affected. 2024 tax assessment values this property at $1,087,600. Schedule your showing for permission to walk onto the property but DO NOT ENTER THE HOUSES! View from the outside only. Close to freeway cutoffs and a short drive to Downtown Honolulu. Sellers have extended offer deadline to Tues June 4, but offers will be reviewed as received and owner may opt to accept an offer before that date, so schedule your showing today! Buyer to do due diligence and selling strictly as-is.