$ 395,000
Property Attributes
  • MLS#631527
  • TypeMulti-Family
  • CountyHAWAII
  • CityHilo
  • AreaSouth Hilo
  • NeighborhoodWAIAKEA
  • Zip96720
  • Style
  • Year Built1960
  • Taxes$ 3782
  • Price$ 395,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1416
  • Lot Size0.44 Acres
Listing Provided Courtesy Of:
Nathalie Mullinix Realty Universal, Inc.
Data Source:
Hawaii Information Service
Property Description

"HUGE ROI 15%" THIS PROPERTY IS A GEM IN A FANTASTIC LOCATION IN THE HEART OF HILO! This unique property is located in a prime location in central Hilo. It sits across the street from Hilo Shopping Center and just a couple blocks from the State buildings and courthouses, restaurants, coffee shops, banks, schools, medical clinics, and other businesses. It's just a 10-15 minute walk to Hilo Bayfront. Incredible value for the land alone! Property is almost a half-acre and has a commercial kitchen, 1500 SF open carport, and 23 units! The main structure is a large Quansid hut warehouse on the left side of the property that was previously a commercial kitchen and poi factory. There is an office in the front of the building and several apartments upstairs and surrounding the commercial kitchen. Leading to the kitchen, there is a large approximate 1500 sqft shop area, open carport that was previously used as a loading area. Adjacent to the warehouse is a row house of 3 separate houses. The first is a 3 bedroom, 1 bath house that was partially renovated in 2017. Remodel included replacement of Cabinets, carpet, appliances, fixtures, windows, and doors. There is a top of the line gas water heater that supplies all the units with hot water. The next unit is a 2 bedroom, 1.5 half bathroom unit that was also fully remodeled in 2018. Remodel included new drywall, doors, bathroom fixtures, windows, appliances, cabinets, new concrete paint on the floor, and built-in lofts in both bedrooms. The last unit in the row house is 2 bedroom, 1 bathroom unit that was partially remodeled in 2017. All 3 houses have low-end finishes but are in average condition. In front of the commercial kitchen is another upstairs 650 SF unit with a kitchen and bathroom. There is a 20 ft storage container and a walk-in refrigerator that can be accessed from the carport loading area. Changes done are not permitted. Units are not permitted. Buyer to do own due diligence.

High School
Kapiolani High School
Price History
8/15/2019 Listed $450,000
2/27/2021 13% - $395,000

General Features

Appliances Other (remarks)
District South Hilo
Flood Zone AE
Internet Availability DSL
Land Tenure Fee Simple
Location 265-D KEKUANAOA ST
Lot Number 6
Power Overhead
Property Type Multi-Family
Schools Kapiolani
Subdivision WAIAKEA
Subdivision Abbreviated Name WAIAKEA
Telephone Availability Land Line
Topography Level
Tv Availability Cable
Unit Description Single Family Home
View Coastline
Wastewater Sewer-Connected
Water County, Municipal
Zoning V-.75

Interior Features

Floor Covering Other (remarks)

Exterior Features

Design Steel Frame
Land Area 19093
Lot Description - Land Clear, Dead End
Pool Y/N No
Roads Other (remarks)
Structures Yes
Vehicle Storage/parking Covered


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 96720

AVG $1.17M
AVG $4,936
AVG 58
Year Built
AVG 1951
AVG 48
Data Provided by Walkscore ® not using MLS data

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