$795,000
$180K PRICE DROP

199 Kehaulani St Unit 3 Hilo, HI 96720

Estimated payment $4,974/month

Total Views 11,241
4 Beds
2 Baths
1,720 Sq Ft
$462 Price per Sq Ft

Highlights

  • Attached Garage
  • Gentle Sloping Lot
  • Carpet
  • Waiakea High School Rated A
  • Grass Covered Lot

About This Home

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.

Listing Agent

Alice Wise

Century 21 Homefinders of Hawaii Brokerage Phone: 8089375517 License #RB-21142 Listed on: 01/25/2025

Century 21 Homefinders of Hawaii

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,003

Year Built

  • Built in 1989

Lot Details

  • Property fronts a county road
  • Gentle Sloping Lot
  • Cleared Lot
  • Grass Covered Lot

Parking

  • Attached Garage

Home Design

  • Triplex

Interior Spaces

  • 1,720 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cesspool

Community Details

  • Waiakea Homesteads Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 3240100460000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,003

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub-Type: Triplex
  • ResoLotFeatures: Cleared, Grassy
  • Attribution Contact: 8089375517
  • Co List Office Phone: 8089357119
  • Ownership: Full
  • MLS Status: A
  • Subdivision Name: WAIAKEA HOMESTEADS
  • Living Area: 1720.0
  • Year Built: 1989
  • Tax Year: 2024
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Total Bathrooms: 2

Exterior Features

  • Topography: Gentle Slope
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Attached

Utilities

  • Sewer: Cesspool
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-15
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3240100460000

Tax Info

  • Tax Annual Amount: 7002.99
  • Tax Lot: 21

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,003 $672,400 $258,000 $414,400
2024 $7,003 $630,900 $234,100 $396,800
2023 $6,526 $587,900 $218,800 $369,100
2022 $6,156 $554,600 $185,500 $369,100
2021 $5,492 $494,800 $178,000 $316,800
2020 $5,304 $477,800 $169,000 $308,800
2019 $4,894 $440,900 $163,000 $277,900
2018 $4,745 $427,500 $163,000 $264,500
2017 $4,595 $414,000 $155,500 $258,500
2016 $4,045 $402,500 $148,000 $254,500
2015 -- $363,400 $127,400 $236,000
2014 -- $362,500 $127,400 $235,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Price Changed $795,000 -11.2% $462 / Sq Ft
02/17/2025 02/17/25 Price Changed $895,000 -8.2% $520 / Sq Ft
01/25/2025 01/25/25 For Sale $975,000 -- $567 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $188,349 New Conventional
Closed $45,000 Credit Line Revolving
Closed $220,000 Unknown
Previous Owner $115,000 No Value Available
Source: Public Records

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Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 717758

Hawaii Information Service (MLS Hawaii)

APN: 3-2-4-010-046-0000