This fee-simple multifamily asset offers an exceptional investment opportunity within Honolulu’s established Kalihi Kai neighborhood. The property features six existing residential units and an adjacent parking lot currently leased to a transportation business, enabling immediate income generation while providing flexibility for long-term redevelopment. Zoned I-2, this site allows for a range of commercial or industrial uses, making it attractive for investors seeking adaptability and potential growth. Located near Honolulu Harbor, Amazon’s new distribution facility, and the future Skyline rail system, the property benefits from strategic connectivity to major economic drivers. It is situated close to Daniel K. Inouye International Airport, downtown Honolulu, and principal thoroughfares, supporting both strong tenant demand and operational synergy. Utilities are separately metered, washer/dryer hookups are available, and the corner lot adds easy ingress and egress. With a land area of 9,514 square feet and a building footprint of nearly 3,000 square feet, this asset presents multiple exit strategies, including continued multifamily cash flow, mixed-use adaptation, or redevelopment for industrial purposes. Investors can secure a property positioned for consistent returns in one of Honolulu’s most dynamic submarkets.