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Hawaii leasehold condos and townhomes for sale

Here are some condos and townhomes throughout Oahu that are leasehold properties.  Please bear in mind, leasehold property owners pay lease rent in addition to their mortgage and taxes.  Lease terms must be longer than the mortgage, e.g. a lease must have 30+ years left for a buyer to obtain a 30 year mortgage on the property.  See our Hawaii leasehold property guide for more information.

Hawaii leasehold condo listings

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $600,000 - $700,000 $700,000 - $800,000
$800,000 - $900,000 $900,000 - $1,000,000
Showing 100 of 251 Properties Found. Showing Page 1 of 9
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Location! Walking Distance To Waikiki Beach And All...

$30,000
Honolulu, HI
1 br, 1 ba, 875 ft² Condo / Townhouse
Price:
$30,000
City:
Honolulu
Beds:
1
Baths:
1
Type:
Condo / Townhouse
MLS® #:
1206045
Provider:
Dower Realty, Inc.

Location! Walking Distance To Waikiki Beach And All The Excitment Waikiki Has To Offer. Top Floor, Completely...

Photo of Listing #1206045

Great Secured 1 Bedroom 1 Bath Apt With Lanai Located...

$42,000
Honolulu, HI
1 br, 1 ba, 358 ft² Condo / Townhouse
Price:
$42,000
City:
Honolulu
Beds:
1
Baths:
1
Type:
Condo / Townhouse
MLS® #:
1211762
Provider:
Prudential Locations Llc

Great Secured 1 Bedroom 1 Bath Apt With Lanai Located In The Heart Of Honolulu, Perfect For First Time...

Photo of Listing #1211762

Why Rent When You Can Buy Your Own Commerical Office...

$47,500
Honolulu, HI
, 1 ba, 400 ft² Condo / Townhouse
Price:
$47,500
City:
Honolulu
Beds:
0
Baths:
1
Type:
Condo / Townhouse
MLS® #:
1301244
Provider:
Prudential Locations Llc

Why Rent When You Can Buy Your Own Commerical Office Space And Not Have To Move. (non-residential Use.)...

Photo of Listing #1301244

Walk Only Two Blocks To Sandy Waikiki Beach, And Catch...

$57,000
Honolulu, HI
, 1 ba, 392 ft² Condo / Townhouse
Price:
$57,000
City:
Honolulu
Beds:
0
Baths:
1
Type:
Condo / Townhouse
MLS® #:
1304687
Provider:
Caron B Realty

Walk Only Two Blocks To Sandy Waikiki Beach, And Catch The Breeze When You Come Home To This Corner Studio...

Photo of Listing #1304687

Excellent Location, Near Bus Line, Close To Ala Moana...

$59,800
Honolulu, HI
, 1 ba, 362 ft² Condo / Townhouse
Price:
$59,800
City:
Honolulu
Beds:
0
Baths:
1
Type:
Condo / Townhouse
MLS® #:
1304002
Provider:
Five Star Realty, Inc.

Excellent Location, Near Bus Line, Close To Ala Moana Shopping Center, Wal-mart.... Maintenance Fee Included...

Photo of Listing #1304002

Seldom Available Kahala Townhouse With Great Location,...

$69,900
Honolulu, HI
2 br, 2 ba, 1,032 ft² Condo / Townhouse
Price:
$69,900
City:
Honolulu
Beds:
2
Baths:
2
Type:
Condo / Townhouse
MLS® #:
1301208
Provider:
Realty Edge, Inc.

Seldom Available Kahala Townhouse With Great Location, Close To Town And Freeway Entrance & Exit. 2 Bedroom...

Photo of Listing #1301208

Priced To Sell!!! Executive Office Suite In Good Condition,...

$69,950
Honolulu, HI
1 br, 1 ba, 395 ft² Condo / Townhouse
Price:
$69,950
City:
Honolulu
Beds:
1
Baths:
1
Type:
Condo / Townhouse
MLS® #:
1205766
Provider:
Aloha Pacific Properties, Inc

Priced To Sell!!! Executive Office Suite In Good Condition, Great Location In The Heart Of Honolulu,...

Photo of Listing #1205766

High Floor Fully Furnished Studio Located In The Heart...

$70,000
Honolulu, HI
, 1 ba, 392 ft² Condo / Townhouse
Price:
$70,000
City:
Honolulu
Beds:
0
Baths:
1
Type:
Condo / Townhouse
MLS® #:
1302577
Provider:
Coldwell Banker Pacific Prop.

High Floor Fully Furnished Studio Located In The Heart Of Waikiki Just 1 Block Away From World Famous...

Photo of Listing #1302577

Condo / Townhouse Property in Honolulu, HI

$70,000
Honolulu, HI
, 1 ba, 340 ft² Condo / Townhouse
Price:
$70,000
City:
Honolulu
Beds:
0
Baths:
1
Type:
Condo / Townhouse
MLS® #:
1304879
Provider:
Th Realty, Inc.

Tenant Occupied.

Photo of Listing #1304879

Hidden Hawaii Island Style Condo In The Heart Of Waikiki....

$75,000
Honolulu, HI
1 br, 1 ba, 558 ft² Condo / Townhouse
Price:
$75,000
City:
Honolulu
Beds:
1
Baths:
1
Type:
Condo / Townhouse
MLS® #:
1300968
Provider:
Coldwell Banker Pacific Prop.

Hidden Hawaii Island Style Condo In The Heart Of Waikiki. You Can Relax And Enjoy Your Time In Cute...

Photo of Listing #1300968

Renovated 2 Bedroom 1 Bath Condo. Owner Spent $30,000...

$79,000
Waianae, HI
2 br, 1 ba, 666 ft² Condo / Townhouse
Price:
$79,000
City:
Waianae
Beds:
2
Baths:
1
Type:
Condo / Townhouse
MLS® #:
1213723
Provider:
Century 21 Homefinders Of Hi

Renovated 2 Bedroom 1 Bath Condo. Owner Spent $30,000 In Upgrades. Partial Ocean View, Garden Walk Up...

Photo of Listing #1213723

It Doesn't Get Any More Convenient! Walking Distance...

$79,000
Honolulu, HI
, 1 ba, 386 ft² Condo / Townhouse
Price:
$79,000
City:
Honolulu
Beds:
0
Baths:
1
Type:
Condo / Townhouse
MLS® #:
1305516
Provider:
Prudential Locations Llc

It Doesn't Get Any More Convenient! Walking Distance To Ala Moana & Ward Shopping Ctr And The Beach!...

Photo of Listing #1305516

Leasehold condos and townhomes usually have lower initial purchase prices

When you see a listing with a price that's too good to be true, it's probably leasehold.  Leasehold properties can be bargains, but they just aren't as cheap as they appear.  For example, a 2-bedroom condo may be listed for $50,000, while comparable properties are listed for $300,000.  You can be sure that (for $50,000) it's leasehold.  And either the lease is nearly expired or the lease rent is very high (or both).  Some properties have lease rents of $20 per month, others have lease rents of $1,000 per month! And then there are maintenance fees on top of that.

Leasehold properties are harder to obtain financing on.  In other words, buyers with no downpayment and poor credit may have a hard time buying leasehold.  Buyers with CASH will have an easier time buying leasehold and everything else.

View all Oahu leasehold condo and townhome listings

This is a sample of the properties available.  Please fill out our contact form below to see more leasehold property listings.

Contact Mike Bates for buying and selling leasehold condos and townhomes

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