Estimated payment $7,231/month
Total Views
17,206
7
Beds
4
Baths
5,746
Sq Ft
$199
Price per Sq Ft
Highlights
- Wood Flooring
- Attached Garage
- Grass Covered Lot
- Waiakea High School Rated A
About This Home
Prime Multi-Unit Property with Income Potential & Owner-Occupant Opportunity
This exceptional multi-unit property, located on a spacious 26,640 sq ft lot with two private driveways, offers a unique opportunity for both investment and owner-occupancy. Recently remodeled and move-in ready, the layout ensures privacy for all units while maximizing rental income potential.
Front Home: Features three units:
Main Unit: A 3-bedroom, 2-bathroom home with generous living space, a large lanai, and a 2-car carport.
Upstairs Unit: A 1-bedroom, 1-bathroom unit with a kitchen, private access, exterior lanai, and 2-car carport.
Downstairs Unit: A 1-bedroom, 1-bathroom unit with its own carport, ideal for small households. All three units are occupied, generating reliable rental income.
Back Home: A spacious 4-bedroom, 2-bathroom home with a carport, currently vacant, offers an ideal opportunity for owner-occupancy. The back home also includes a 1-bedroom, 1-bathroom unit, which is being leased for additional rental income.
While distant ocean views from the back lanai enhance the peaceful atmosphere, the true value of this property lies in its versatility. The large lot offers ample space for landscaping, gardening, and additional privacy.
Whether you choose to live in the back home while collecting income from the front units or lease all units for maximum cash flow, this property offers long-term financial potential. A rare opportunity to invest in both a tranquil residence and a profitable rental property.
E Komo Mai (Welcome and Come on by)
The information herein, while deemed reliable, may contain inaccuracies or be incorrect & is provided without warranty or guarantee of any kind. Buyer & buyer's agent to perform due diligence and investigate & confirm all pertinent & material facts. Sold As-Is. There are no guarantees or warranties
Listing Agent
Hara Chun Realty, LLC Brokerage Phone: 8089363297 License #RB-20817 Listed on: 01/04/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,508
Year Built
- Built in 1951
Lot Details
- Property fronts a county road
- Grass Covered Lot
- Property is zoned RS-15
Home Design
- Wood Frame Construction
Interior Spaces
- 5,746 Sq Ft Home
- 2-Story Property
Kitchen
- Range with Range Hood
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Attached Garage
- 1,409 Carport Spaces
Utilities
- Gas Water Heater
- Cesspool
Community Details
- Waiakea Homesteads 1St Series Subdivision
Listing and Financial Details
- Tax Lot 10
- Assessor Parcel Number 3240140520000
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,361 | $1,193,600 | $269,100 | $924,500 |
| 2024 | $12,361 | $1,113,600 | $244,200 | $869,400 |
| 2023 | $11,508 | $1,036,800 | $228,200 | $808,600 |
| 2022 | $11,123 | $1,002,100 | $193,500 | $808,600 |
| 2021 | $9,866 | $888,800 | $186,000 | $702,800 |
| 2020 | $9,266 | $834,800 | $177,000 | $657,800 |
| 2019 | $6,562 | $591,200 | $171,000 | $420,200 |
| 2018 | $6,143 | $553,400 | $171,000 | $382,400 |
| 2017 | $5,955 | $536,500 | $163,500 | $373,000 |
| 2016 | $4,967 | $494,200 | $156,000 | $338,200 |
| 2015 | $2,554 | $444,200 | $134,300 | $309,900 |
| 2014 | $2,554 | $443,700 | $134,300 | $309,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/05/2025 02/05/25 | For Sale | $1,145,500 | 0.0% | $199 / Sq Ft |
| 01/11/2025 01/11/25 | Off Market | $1,145,500 | -- | -- |
| 01/09/2025 01/09/25 | Off Market | $1,145,500 | -- | -- |
| 01/04/2025 01/04/25 | For Sale | $1,145,500 | -- | $199 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $165,000 | Unknown | |
| Previous Owner | $60,000 | No Value Available |
Source: Public Records
Similar Homes in Hilo, HI
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 712511
APN: 3-2-4-014-052-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2025 MLS Hawaii, Inc. All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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