NOT LISTED FOR SALE

262 Kapiolani St Hilo, HI 96720

3 Beds
2 Baths
1,210 Sq Ft
16,988 Sq Ft Lot

Sale Details

Date Sold: February 21, 2023

Last sale price $1,250,000 $1,033 Per Sq Ft

30 Days on Market

About This Home

As of February 2023

SELDOM available - APARTMENT COMPLEX IN THE HEART OF HILO! Minutes from Hilo Airport and Downtown Hilo with its unique local shops and eateries! Property consists of a 2 story, 10 unit Apartment Building, 2 story Duplex and 13 parking stalls. Apartment building: 8 - 1 bdrm, bath (approx. 484 sq. ft.) and 2 - 2 bdrm, bath (approx. 550 sq. ft.); built in 1967. Apartment Units are electrically metered individually and furnished with ceiling fan, range/oven and refrigerator. Duplex (approx. 726 sq. ft.) built in 1931; is not part of the total building square footage and is NOT connected to water & sewer. 2nd floor of duplex is not accessible due to its condition and the ground floor space is being used for storage. Property to be sold in its "as is, where is" condition. SEE ATTACHED FINANCIAL INFORMATION.

Last Buyer's Agent

Reciprocal Agent - Oahu

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,789

Year Built

  • Built in 1931

Lot Details

  • Property fronts a county road
  • Level Lot
  • Natural Drainage

Parking

  • Assigned Parking

Home Design

  • Duplex

Interior Spaces

  • 1,210 Sq Ft Home
  • 2-Story Property
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 3230190380000

Community Details

Overview

  • 12 Units
  • Ponahawai Subdivision

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,789

Year Built

Built in 1931

Lot Details

0.39 Acres

Listing Details

  • Prop. Type: Residential Income
  • Property Sub-Type: Four Or More Units
  • Co List Office Mls Id: 10083
  • Co List Office Phone: 8089494111
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PONAHAWAI
  • Unit Levels: Two
  • Living Area: 1210.0
  • Year Built: 1931
  • Tax Year: 2022
  • HIS_PoolYN: No
  • Unit Description: Duplex, Multi-Dwelling, Walk-Up
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • Land Tenure: Fee Simple
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_Easement: Drainage
  • HIS_WaterHeater: Electric
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Stories: 2

Exterior Features

  • Topography: Fairly Level
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Electricity Available, Sewer Connected

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RM-1
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3230190380000

Multi Family

  • Number Of Units Total: 12

Tax Info

  • Tax Annual Amount: 9789.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2024 10/02/24 Off Market $1,250,000 -- --
02/21/2023 02/21/23 Sold $1,250,000 +39.1% $1,033 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
01/08/2023 01/08/23 For Sale $898,888 -- $743 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

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 $10,229 $874,300 $346,800 $527,500
2024 $9,643 $824,200 $273,600 $550,600
2023 $9,789 $836,700 $273,600 $563,100
2022 $9,789 $836,700 $273,600 $563,100
2021 $6,007 $513,400 $266,800 $246,600
2020 $6,621 $565,900 $293,200 $272,700
2019 $6,621 $565,900 $293,200 $272,700
2018 $6,729 $575,100 $293,200 $281,900
2017 $6,770 $578,600 $293,200 $285,400
2016 $6,161 $567,800 $293,200 $274,600
2015 -- $562,900 $293,200 $269,700
2014 -- $571,100 $293,200 $277,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Buyer's Agent in 2023

    Reciprocal Agent - Oahu

See All Agents

Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 667553

Hawaii Information Service (MLS Hawaii)
Hawaii Hawaii County Hilo 96720

262 Kapiolani St, Hilo, HI

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Hawaii Information Service (MLS Hawaii) Copyright 2026 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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