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Ask Harcourts About Bill 7

What is Bill 7?

Bill 7 is Honolulu’s approach to green-lighting private sector investment in new affordable rental housing. 

Introduced by Council Member Kimberly Pine, Bill 7 was signed in May 2019 by Mayor Kirk Caldwell to stimulate profitable development of affordable rental apartments across the Island by relaxing development standards and providing incentives to projects that qualify.

Bill 7 allows higher density redevelopment of property zoned Apartment, AMX or BMX. In exchange for allowing more apartments to be build on a property, the apartment rents must be affordable to tenants who earn up to 100% of the Area Median Income. 

The aim of Bill 7 is to encourage private developers to build thousands of new apartments in Honolulu in the next five years that working people can afford to rent. Harcourts’ goal is to help get the word out to stakeholders, inform the public, answer questions and connect property owners with lenders, investors and developers to maximize the new opportunities that Bill 7 allows. Feel free to contact us for more information. 

Listings that Qualify for Bill 7 Redevelopment

1223 Wilder Avenue, Honolulu image
1223 Wilder Avenue, Honolulu $2,650,000

TURN-KEY INCOME IN MAKIKI! An incredible opportunity to own a multifamily property in the heart of the desirable Makiki neighborhood. The 6-unit property consists of a...

  • 202621534 MLS
  • FS - Fee Simple Tenure
Courtesy of Excel Commercial Realty LLC

Listing courtesy of Excel Commercial Realty LLC.

27 Lakeview Circle Unit B, Wahiawa image
27 Lakeview Circle Unit B, Wahiawa $1,099,000

Rare opportunity in Wahiawa featuring two detached structures on a 7,358 sq ft. A-2 Apartment zoned lot. The property includes a detached single-family residence in the f...

  • 202620446 MLS
  • FS - Fee Simple Tenure
Courtesy of Coldwell Banker Realty

Listing courtesy of Coldwell Banker Realty.

2902 Varsity Circle, Honolulu image
2902 Varsity Circle, Honolulu $1,600,000

A hidden gem in the heart of Honolulu, this charming 8-unit studio apartment building offers a surprisingly peaceful atmosphere surrounded by tropical greenery. Located j...

  • 202619405 MLS
  • FS - Fee Simple Tenure
Courtesy of Hawaii Homes LLC

Listing courtesy of Hawaii Homes LLC.

1328 Kaihee Street, Honolulu image
1328 Kaihee Street, Honolulu $2,500,000

TURN KEY, never been lived in investment property—ideal for a first-time investor! Beautifully renovated gem located at the end of a cul de sac with central location and ...

  • 202619374 MLS
  • FS - Fee Simple Tenure
Courtesy of Commercial Inv. Strategies

Listing courtesy of Commercial Inv. Strategies.

1449 N King Street, Honolulu image
1449 N King Street, Honolulu $2,700,000

Own your own corner on North King Street. This fee simple building combines two street frontages, spacious interiors, and an enclosed parking garage in a convenient Honol...

  • 202619303 MLS
  • FS - Fee Simple Tenure
Courtesy of Talk Realty LLC

Listing courtesy of Talk Realty LLC.

733 University Avenue, Honolulu image
733 University Avenue, Honolulu $2,000,000

Front house has 3 bdrm 2 bath home with wood flooring newer cabinets and fresh paint, washer and dryer. Currently vacant, was rented for $2,500/mo Triplex in the back w...

  • 202619245 MLS
  • FS - Fee Simple Tenure
Courtesy of Hawaii Resource Realty

Listing courtesy of Hawaii Resource Realty.

926 Kopke Street, Honolulu image
926 Kopke Street, Honolulu $2,395,000

High-yield investment generating impressive return. Outstanding storefront visibility along N. King Street with rapid access to H-1, Airport, and downtown. Prime BMX-3 zo...

  • 202619246 MLS
  • FS - Fee Simple Tenure
Courtesy of Commercial Inv. Strategies

Listing courtesy of Commercial Inv. Strategies.

909 Wiliwili Street, Honolulu image
909 Wiliwili Street, Honolulu $4,475,000

Well-maintained multifamily property with 15 two-bedroom units and 21 parking. Significant recent capital improvements, including a 2023 modified-bitumen roof, new gutter...

  • 202618161 MLS
  • FS - Fee Simple Tenure
Courtesy of Commercial Inv. Strategies

Listing courtesy of Commercial Inv. Strategies.

1517 Miller Street, Honolulu image
1517 Miller Street, Honolulu $2,000,000

Excellent opportunity to develop Bill 7 project for less than $200/sf. Nice, big lot 2 blocks to Queens Hospital in a low risk flood zone (x) and no additional setbacks f...

  • 202617918 MLS
  • FS - Fee Simple Tenure
Courtesy of Commercial Inv. Strategies

Listing courtesy of Commercial Inv. Strategies.

2032 Kapiolani Boulevard, Honolulu image
2032 Kapiolani Boulevard, Honolulu $2,200,000 ▼

2032 Kapiolani Blvd is an eight-unit, fee-simple apartment building in Honolulu's McCully-Moiliili neighborhood, close to Ala Moana Center, Ala Moana Regional Park, and t...

  • 202617140 MLS
  • FS - Fee Simple Tenure
Courtesy of Bratton Realty Advisors Ltd

Listing courtesy of Bratton Realty Advisors Ltd.

148 Lakeview Circle, Wahiawa image
148 Lakeview Circle, Wahiawa $4,449,000

Rare opportunity to acquire a substantial, purpose-configured property in Wahiawa with approximately 10,700 SF of interior space and excellent potential for residential c...

  • 202616964 MLS
  • FS - Fee Simple Tenure
Courtesy of Central Oahu Real Estate LLC

Listing courtesy of Central Oahu Real Estate LLC.

2550 Date Street, Honolulu image
2550 Date Street, Honolulu $2,638,000

RARE 8-UNIT FEE-SIMPLE MULTIFAMILY OPPORTUNITY IN HONOLULU! This income-producing L-shaped building features eight 1-bedroom/1-bath units, currently 100% occupied, on an ...

  • 202616575 MLS
  • FS - Fee Simple Tenure
Courtesy of Five Star Realty, Inc.

Listing courtesy of Five Star Realty, Inc..

825 Olokele Avenue, Honolulu image
825 Olokele Avenue, Honolulu $1,898,000 ▼

You will love this well maintained duplex and fourplex. Recently painted & the owner has paid attention to the details. All 1 bedroom with 1 bathroom units each with an a...

  • 202616331 MLS
  • FS - Fee Simple Tenure
Courtesy of NextHome KU Realty

Listing courtesy of NextHome KU Realty.

1641 Stillman Lane, Honolulu image
1641 Stillman Lane, Honolulu $2,220,000

Welcome to 1641 Stillman Lane! This is a well maintained seven-unit apartment property offering excellent investment potential in a convenient and highly accessible loca...

  • 202616358 MLS
  • FS - Fee Simple Tenure
Courtesy of Five Star Realty, Inc.

Listing courtesy of Five Star Realty, Inc..

1449 Punchbowl Street, Honolulu image
1449 Punchbowl Street, Honolulu $2,145,000 ▼

Brand New Roof - Centrally located investment opportunity near Queens Hospital. The existing hollow tile building has 6 spacious 2-bedroom apartments with custom cabinets...

  • 202616143 MLS
  • FS - Fee Simple Tenure
Courtesy of KLU Real Estate Inc.

Listing courtesy of KLU Real Estate Inc..

1559 Magazine Street, Honolulu image
1559 Magazine Street, Honolulu $2,680,000

An exceptional investment opportunity to acquire a well-maintained 5-unit multifamily property in the desirable Punchbowl neighborhood of Honolulu. The property features ...

  • 202615380 MLS
  • FS - Fee Simple Tenure
Courtesy of Excel Commercial Realty LLC

Listing courtesy of Excel Commercial Realty LLC.

310 Ohai Place, Wahiawa image
310 Ohai Place, Wahiawa $649,900

Phenomenal investment opportunity in Wahiawa! This multi-dwelling property features three separate, unfinished units with income potential. A major top-to-bottom remode...

  • 202615286 MLS
  • FS - Fee Simple Tenure
Courtesy of KLU Real Estate Inc.

Listing courtesy of KLU Real Estate Inc..

2805 Waialae Avenue, Honolulu image
2805 Waialae Avenue, Honolulu $1,135,000 ▼

Apartment (A-2 Medium Density) zoned property across the street from UH Manoa. Multi-family or development opportunity with strong upside. Existing SFH divided into a 3bd...

  • 5 Beds
  • 2 Baths
  • 202614335 MLS
  • FS - Fee Simple Tenure
Courtesy of Compass

Listing courtesy of Compass.

962 Spencer Street, Honolulu image
962 Spencer Street, Honolulu $2,700,000

Located in Makiki this property features 2 building with 3 total units. Unique income earning potential on a spacious lot. Bill 7 opportunity? Buyer to do their own due d...

  • 202613865 MLS
  • FS - Fee Simple Tenure
Courtesy of Realty 2000, Inc.

Listing courtesy of Realty 2000, Inc..

1917 Algaroba Street, Honolulu image
1917 Algaroba Street, Honolulu $6,950,000

3 large buildings near Waikiki and Ala Moana Shopping Center. One building is a 3 story hollow tile concrete building and 2- 2 story buildings. This property has great ca...

  • 202611443 MLS
  • FS - Fee Simple Tenure
Courtesy of JW REALTY

Listing courtesy of JW REALTY.

2013 Young Street, Honolulu image
2013 Young Street, Honolulu $2,685,000 ▼

Prime opportunity just minutes from Waikiki and the University of Hawai?i. Situated on a 10,200 sq. ft. lot zoned BMX-3, this property offers multiple potential uses, inc...

  • 202610199 MLS
  • FS - Fee Simple Tenure
Courtesy of Keller Williams Honolulu

Listing courtesy of Keller Williams Honolulu.

1119 Young Street, Honolulu image
1119 Young Street, Honolulu $2,150,000 ▼

Location, location, location …… situated between Pensacola St. and Piikoi St. therefore within close proximity to Ala Moana Center, Downtown and the University of Hawai’...

  • 202605782 MLS
  • FS - Fee Simple Tenure
Courtesy of Locations LLC

Listing courtesy of Locations LLC.

2046 N King Street, Honolulu image
2046 N King Street, Honolulu — Na $1,850,000 ▼

Exceptional Commercial Retail strip on high traffic count street and high visibility. BMX-3 zoning provides wide range of retail, service, professional operations, and ot...

  • 202601272 MLS
  • Na Bldg.
  • FS - Fee Simple Tenure
Courtesy of Coldwell Banker Realty

Listing courtesy of Coldwell Banker Realty.

1178 N King Street, Honolulu image
1178 N King Street, Honolulu — Na $2,800,000

Ideally located and Newly Renovated Mixed-use Commercial building in the heart of Honolulu on N. King Street that's close to bus, freeway and shopping! This Fee Simple 2-...

  • 202601331 MLS
  • Na Bldg.
  • FS - Fee Simple Tenure
Courtesy of Coldwell Banker Realty

Listing courtesy of Coldwell Banker Realty.

41 Lakeview Circle, Wahiawa image
41 Lakeview Circle, Wahiawa $650,000

Attention Developers! This is your chance to acquire one of three contiguous lots being offered for sale. The A2 zoning (Medium Density Apartment) offers exceptional po...

  • 202600978 MLS
  • FS - Fee Simple Tenure
Courtesy of Aloha Island Homes

Listing courtesy of Aloha Island Homes.

61 Lakeview Circle, Wahiawa image
61 Lakeview Circle, Wahiawa $650,000

Attention Developers! This is your chance to acquire one of three contiguous lots being offered for sale. The A2 zoning (Medium Density Apartment) offers exceptional po...

  • 202600979 MLS
  • FS - Fee Simple Tenure
Courtesy of Aloha Island Homes

Listing courtesy of Aloha Island Homes.

33 Lakeview Circle, Wahiawa image
33 Lakeview Circle, Wahiawa $650,000

Attention Developers! This is your chance to acquire one of three contiguous lots being offered for sale. The A2 zoning (Medium Density Apartment) offers exceptional po...

  • 202600976 MLS
  • FS - Fee Simple Tenure
Courtesy of Aloha Island Homes

Listing courtesy of Aloha Island Homes.

1909 Kahakai Drive, Honolulu image
1909 Kahakai Drive, Honolulu $9,150,000

Yes, this is that great three-story building at the end of the circle you noticed when visiting the condominiums on Kahakai Drive. A quiet neighborhood with sidewalks, K...

  • 202401670 MLS
  • FS - Fee Simple Tenure
Courtesy of Coldwell Banker Realty

Listing courtesy of Coldwell Banker Realty.

1254 Lunalilo Street, Honolulu image
1254 Lunalilo Street, Honolulu $5,000,000

Do you desire to expand your growing investment portfolio with a centrally-located multiunit property? Check out the possibilities of 1254 Lunalilo Street! Tucked away in...

  • 202404884 MLS
  • FS - Fee Simple Tenure
Courtesy of Real Estate Specialists

Listing courtesy of Real Estate Specialists.

915 Kekaulike Street, Honolulu image
915 Kekaulike Street, Honolulu — N/A $6,000,000 ▼

$1 MILLION PRICE REDUCTION! *Attractive, fully rented, 3 story concrete bldg w/ passenger & freight elevators, heavy electricity, sprinklers, a/c, overhead rollup door...

  • 202306651 MLS
  • N/A Bldg.
  • FS - Fee Simple Tenure
Courtesy of I2C Realty, Ltd.

Listing courtesy of I2C Realty, Ltd..

1542 Young Street, Honolulu image
1542 Young Street, Honolulu — Imperial Business Plaza $4,700,000

Must see property ! Right off the H-1 freeway Exit 23 Punahou Street, next to the 7-Eleven gas station at the cornerof Kalakaua Avenue and Young Street: built in 1986, a ...

  • 202420528 MLS
  • Imperial Business Plaza Bldg.
  • FS - Fee Simple Tenure
Courtesy of TARO FUJISAWA HAWAII FUDOSAN

Listing courtesy of TARO FUJISAWA HAWAII FUDOSAN.

905 Kekaulike Street, Honolulu image
905 Kekaulike Street, Honolulu — N/A $2,999,000 ▼

~$1 MILLION PRICE REDUCTION FOR THIS PRIME LOCATION NEXT TO CHINATOWN RAIL STATION & HONOLULU HARBOR!| Prime visibility at corner of busy Nimitz Highway and Kekaulike...

  • 202303423 MLS
  • N/A Bldg.
  • FS - Fee Simple Tenure
Courtesy of I2C Realty, Ltd.

Listing courtesy of I2C Realty, Ltd..

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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    Honolulu, HI 96816

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