Estimated payment $3,398/month
About This Home
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.
Listing Agent
Andrea Aana
Redfin Corporation Brokerage Phone: 8089376396 License #RS-68553
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,141
Year Built
- Built in 1933
Lot Details
- Property fronts a county road
- Cleared Lot
Parking
- Assigned Parking
Interior Spaces
- 4,936 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 4 Full Bathrooms
Utilities
- Private Sewer
Community Details
- 4 Units
- Puueo Subdivision
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 3260050070000
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/05/2025 03/05/25 | For Sale | $548,000 | -- | $111 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 718910

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