Hilo HI Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 3
- Year built:
- 1962
- Baths:
- 2.00
- MLS#:
- 719005
- Subdivision:
- Puueo
ADDITIONAL INFORMATION
This Listing Needs to be Sold with MLS 718910 for a total of 6 units for $975,000 Welcome to this beautifully updated duplex, where modern comfort meets the tranquility of nature. Located conveniently with the soothing sounds of the Pukihae stream, this property offers two distinct living spaces, perfect for a variety of needs. Unit #5: This inviting 2-bedroom, 1-full bath unit boasts a separate entry for added privacy. Enjoy the convenience of a refrigerator, range/oven, and a stacked washer/dryer. Recently renovated, this unit comes partially furnished and features a charming small lanai where you can unwind while taking in the view and gentle sounds of the river. Unit #6: Ideal for a cozy living experience, this studio with a full bath also has a separate entry. It includes a refrigerator, range/oven, and a stacked washer/dryer. Like its counterpart, this unit has been recently renovated and comes partially furnished, providing a comfortable and stylish space. Both units are separately metered for added convenience, and each comes with its own dedicated parking stall. Enjoy a serene setting with easy access to modern amenities in this thoughtfully updated duplex. Some photos have been virtually enhanced.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 2
- Year built:
- 1933
- Baths:
- 4.00
- MLS#:
- 718910
- Subdivision:
- Puueo
ADDITIONAL INFORMATION
This listing must be sold with MLS 719006 for a total of 6 units for $975,000 Discover this exceptional 4-plex located just a short stroll from Downtown Hilo, where convenience meets charm. Ideal for both investors and multi-generational families, this property offers a range of possibilities with its four distinct units, each featuring private entries, individual kitchens and bathrooms, and dedicated parking stalls. Key Features: Prime Location: Walking distance to Downtown Hilo, grocery stores, and a variety of restaurants. Enjoy the vibrant local community and amenities just moments away. Income Potential: Two of the four units are currently rented, providing immediate rental income. Unit 1 and 2 tenant occupied on a month-to-month lease. Unit 3 and 4 are vacant. Flexible Use: Whether you’re looking to live in one unit while renting out the others, use the property for short-term rentals, or accommodate family members in close proximity, this 4-plex offers versatility to suit your needs. Unit Breakdown: Unit 1: Spacious 1-bedroom, 1-bathroom with a recently renovated kitchen including a range/oven and refrigerator. Perfect for a comfortable and modern living experience. Unit 2: Cozy studio with a full bath and a well-equipped kitchen featuring a range/oven and refrigerator. Large walk-in pantry. Unit 3: Another inviting studio with a full bath and a kitchen complete with range/oven and refrigerator. Offers a charming and functional living space. Unit 4: Recently renovated large 1-bedroom, 1-bathroom unit with a kitchen equipped with a range/oven and refrigerator. Move-in ready and perfect for immediate use. Each unit is separately metered, ensuring ease of management and billing. Don’t miss this fantastic opportunity to invest in a property with strong rental potential or create a multi-generational living space in one of Hilo’s most desirable locations.
$762,000
49 Kuhilani St Hilo, HI 96720
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Year built:
- 1981
- Baths:
- 4.00
- MLS#:
- 718752
- Subdivision:
- Puainako Houselots
ADDITIONAL INFORMATION
This is a wonderful opportunity to own a large family home that is conveniently located above the University of Hilo on a large lot in a very well maintained, safe and desirable neighborhood. This attractive, fully fenced property offers the potential for multi-family generational living or as a successful rental property. Existing home has partitions between sections to provide privacy between parties and have been built for easy removal as new owner may wish. According to the County this property qualifies for 3 ADU (Additional Dwelling Units) in addition to the main unit. Utility and cesspool upgrades likely. Residents have a wide variety of shopping options, restaurants with schools/day care nearby and reasonable proximity to Hilo hospital /Urgent Care centers. Many recreational and cultural experiences are easily accessed from this prime location. All in all, this property has excellent upside development potential.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Year built:
- 1971
- Baths:
- 4.00
- MLS#:
- 718229
- Subdivision:
- Waiakea Homestead Houselots
ADDITIONAL INFORMATION
New income Producing Listing in HILO TOWN~ Excellent Location Near the Hilo Airport , University and Hospital. Located on a Main road Kinoole , this Multi Family Home Property is Absolutely Amazing. It Boast 7 Bedrooms 4 Bathrooms separate entrances Artfully Decorated High ceilings and has unique features Like sky Light for natural Lighting and Built in shelving inlaid into the walls for space saving. The Yard is Landscaped with Mature Fruit and Nut trees, Royal Poinciana and Flowing Flowering Vines to make that romantic setting that you have Always Wanted. It also has a Sitting Rock wall and is fenced for Ultimate privacy. Located in the heart of downtown Hilo, this property is set up to provide lots of possibilities and potential. Live in one unit and rent out the other, use it as a in-law suite, multi-generational living quarters, or rent out both units. The front unit has 3 bedrooms, a living room,dining room, kitchen with pantry, 2 full bathroom complete with a tub and is spacious and is rented month to month . The Back unit has 4 bedrooms 2 Bathrooms and has a amazing courtyard in back The kitchen is complete with a refrigerator, range/oven, walk in closet, and an expansive balcony lanai with Amazing garden Views and is located in downtown Hilo. grassy yard, and mature landscaping including a fruiting avocado tree, u'lu breadfruit tree, Anthuriums and ti leaf to name a few. Prime location- within walking distance to the Hilo Farmer's Market, Bayfront, restaurants, and shopping. Close proximity the Hilo Medical Center Hospital, the University of Hawaii Hilo, and the many beach parks in Keaukaha. The information herein may contain inaccuracies and is provided without warranty or guaranty of any kind. Agents and Buyers must independently verify any info they deem material or important to their purchase or any offered price there under. Square footage should be confirmed by an appraisal report.
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1989
- Baths:
- 2.00
- MLS#:
- 717758
- Subdivision:
- Waiakea Homesteads
ADDITIONAL INFORMATION
PRICE REDUCTION! Attention Investors! Exceptionally Rare Income-generating opportunity. Property offers 3 separate buildings. •First home is currently rented. Lease expires 8/31/2025. •Second home recently upgraded and rent ready. •Third building is a large unfinished structure constructed as a house but permitted as storage shed. Well-maintained property offers exceptional potential for passive rental income. This rare investment is conveniently located in Hilo in close proximity to most amenities such as shopping, dining and schools. Buyers and buyers agent to perform due diligence regarding permits and all pertinent facts.
$665,000
346 Lehua St Hilo, HI 96720
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1950
- Baths:
- 2.00
- MLS#:
- 714159
- Subdivision:
- Puueo Lots
ADDITIONAL INFORMATION
Rare income-producing property near Downtown Hilo. This duplex combines classic charm with modern convenience, offering two updated and spacious 2-bedroom, 1-bath units. It presents versatile options for owner occupants looking to offset housing costs or for investors seeking a popular rental property. Upstairs Unit: The upstairs unit showcases plantation-era charm, featuring an elevated front lanai, perfect for relaxing, morning or evening, while enjoying the mature tropical landscaping in the front yard. Inside, the open-concept kitchen and living area have been upgraded with new fixtures, granite countertops, and engineered hardwood floors. The kitchen includes a gas range, ample counter space, and a stacked washer-dryer conveniently located in the pantry. High 9-foot ceilings and double-hung windows create a spacious, airy atmosphere. The two bedrooms are well-sized and share a full bathroom located in the hallway. Additionally, R-30 insulation in the attic ensures a comfortable temperature year-round. Downstairs Unit: A walking path leads to the lower-level unit. A newly enclosed screened lanai extends the living space outdoors, offering shelter from the elements. This unit has been recently updated with vinyl flooring, drywall, LED lighting, and modern fixtures, making it a desirable rental. Additional storage is available in the hall closet, and the unit includes its own laundry area. The full bathroom is bright and refreshed, featuring custom tile work. Below the downstairs unit is a full-height basement. The private backyard is surrounded by lush tropical foliage, a grassy play area, and features mature citrus trees. Conveniently located on Lehua Street, just over the Wailuku River in lava zone 8, the property is within walking distance of Downtown Hilo’s attractions, including restaurants, the Farmers Market, the Library, Kapalaoa Landing Beach Park, and Hilo Bayfront recreation area.
$699,000
347 Iliahi St Hilo, HI 96720
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 15
- Year built:
- 1918
- Baths:
- 5.00
- MLS#:
- 705740
- Subdivision:
- Puueo Lots
ADDITIONAL INFORMATION
Fully functioning 15 unit multi-family building just a few minutes from downtown Hilo. This permitted three-story building was converted from a single-family residence to a 15 unit congregate dwelling with three and a half bathrooms and three full kitchens to service each floor. The lower level consists of six units renting for $350/month. The second level consist of five units renting for $400/month. Lastly, the third floor consist of four units also renting for $400/month. The community of tenants are required to follow a set of house rules, and “good neighbor” principles guided by the mutual respect and trust of their fellow tenants. Such a methodology has been the cornerstone for the continued success of this prosperous multifamily rental business. Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.
Hilo Real Estate
The median home value in Hilo, HI is $450,500. This is lower than the county median home value of $522,400. The national median home value is $338,100. The average price of homes sold in Hilo, HI is $450,500. Approximately 56.57% of Hilo homes are owned, compared to 31.39% rented, while 12.04% are vacant. Hilo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hilo real estate agent to arrange a tour today!
Hilo, Hawaii has a population of 46,559. Hilo is less family-centric than the surrounding county with 24.55% of the households containing married families with children. The county average for households married with children is 25.67%.
The median household income in Hilo, Hawaii is $70,356. The median household income for the surrounding county is $68,399 compared to the national median of $69,021. The median age of people living in Hilo is 39.9 years.
Hilo Weather
The average high temperature in July is 81 degrees, with an average low temperature in January of 63 degrees. The average rainfall is approximately 143.1 inches per year, with 0 inches of snow per year.