
Estimated payment $4,456/month
About This Home
Unique investment opportunity located in the heart of Hilo, featuring two separate homes on one lot.
The first home, a charming multi-level classic (white home), was built in 1932 and refreshed in 2020. It includes two bedrooms and two bathrooms (one 3/4 bath and one 1/4 bath).
The second home, a yellow multi-level home, was built in 1985. The upper level offers two bedrooms and one full bathroom, while the lower level has an additional bedroom with a 3/4 bathroom.
This property presents a variety of appealing options for an investor. You could generate rental income from both homes, live in one while renting out the other, or even utilize both to accommodate a multi-generational family.
The location is truly excellent, with just a short drive to the Hilo Shopping Center, a variety of restaurants, and the beautiful Wailoa State Park.
**Please note that county records information and actual details may differ, and buyers and buyer's agents are advised to verify any material facts deemed important to the purchase**
Listing Agent
Coldwell Banker Island Properties - Hilo Brokerage Phone: 8086404077 License #RS-74487
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,164
Year Built
- Built in 1932
Lot Details
- Property fronts a county road
Parking
- Covered Parking
Home Design
- Duplex
Interior Spaces
- 2,904 Sq Ft Home
- 2-Story Property
- Carpet
- Oven
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Community Details
- Waiakea House Lots 1St Series Subdivision
Listing and Financial Details
- Tax Lot 1-A
- Assessor Parcel Number 3220340080000
Map
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 | $3,164 | $608,800 | $228,600 | $380,200 |
2024 | $3,164 | $531,700 | $169,400 | $362,300 |
2023 | $5,944 | $535,500 | $198,500 | $337,000 |
2022 | $5,944 | $535,500 | $198,500 | $337,000 |
2021 | $4,705 | $423,900 | $134,400 | $289,500 |
2020 | $5,260 | $473,900 | $134,400 | $339,500 |
2019 | $2,961 | $266,800 | $112,000 | $154,800 |
2018 | $3,390 | $305,400 | $101,800 | $203,600 |
2017 | $3,316 | $298,700 | $100,900 | $197,800 |
2016 | $2,698 | $268,500 | $91,700 | $176,800 |
2015 | -- | $270,500 | $108,900 | $161,600 |
2014 | -- | $261,100 | $99,800 | $161,300 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/27/2025 05/27/25 | For Sale | $749,000 | -- | $258 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available | |
Warranty Deed | $415,000 | Tg | |
Interfamily Deed Transfer | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $250,000 | Credit Line Revolving |
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Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 720904

APN: 3-2-2-034-008-0000
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