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Hilo, HI Apartment Buildings for Sale

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Papaikou, HI Pepeekeo, HI Keaau, HI
Multi-Unit Apartment Building with Dual Kitchens
Updated: Aug 26, 2025
Multi-Unit Apartment Building with Dual Kitchens

82D Hoku St, Hilo, HI 96720

$495,500
0.10 AC lot
Downtown Hilo home on Hoku Street (HI 96720), built in 1945
9 total rentable rooms with 3 bathrooms
Two full kitchens (upstairs and downstairs) for flexible shared‑housing or rental setup
Currently projected gross income of $70,000-$80,000+ per year
Pricing shown at $495,500 with projected gross ROI of 13.1% at $70K/year or 15% at $80K/year
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Commercial Condominium Complex For Sale
Updated: May 25, 2024
Commercial Condominium Complex For Sale

399 HUALANI ST, Hilo, HI 96720

$2,900,000
41 sqft · 41.00 AC lot
Large commercial complex with 32 individual condominiums.
Potential for rental income or individual sale of units.
70% of units are currently rented.
Large parking area.
Riverfront views from most units.
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Hilo, HI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Three-Building Multifamily Property
Three-Building Multifamily Property

4042 Keanu Street, Honolulu, HI 96816

$2,200,000

Three separate buildings on a single lot in a well-established Honolulu neighborhood, sold strictly As Is.

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Four-Structure Multifamily Property
Four-Structure Multifamily Property

15 Olinda Rd, Makawao, HI 96768

$2,395,000
0.54 AC lot

Four separate buildings provide eight tenant-occupied units with dedicated parking and on-site laundry.

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Multi-Family Residential Income Property
Multi-Family Residential Income Property

41-1702 Kalanianaole Highway, Waimanalo, HI 96795

$1,899,000

Five single-family homes on one parcel offer income-earning or renovation flexibility in Waimanalo, subject to noted flood zones.

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Honolulu Multifamily Investment Opportunity
Honolulu Multifamily Investment Opportunity

3741 Harding Avenue, Honolulu, HI 96816

$1,875,000
2,799 sqft

Renovated multifamily property near University of Hawaii and Waikiki.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

31426 The Old Road N, Castaic, CA 91384

$2,250,000
2.05 AC lot

2+ acres of commercially zoned land with freeway exposure.

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Development Opportunity with DTLA Views
Development Opportunity with DTLA Views

700 Lookout Dr, Los Angeles, CA 90012

$799,000
0.22 AC lot

Land with potential for up to 23 units.

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Lancaster Corner Lot Investment Opportunity
Lancaster Corner Lot Investment Opportunity

Newgrove Street, Lancaster, CA 93534

$350,000
0.17 AC lot

0.17-acre corner lot in Lancaster with development potential.

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San Jacinto Land with Utilities
San Jacinto Land with Utilities

Rosario, San Jacinto, CA 92583

$155,000
0.33 AC lot

Unique lot with utilities available for multiple residential uses.

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Off-Market Properties in Hilo, HI

Consider similar Off-Market properties in Hilo, HI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

101 Aupuni St Ste, Unit 317
APARTMENT HOUSE (UNDER 5 UNITS)

101 Aupuni St Ste, Hilo, HI 96720-4262

Unit 317
Value Estimation by Request
310 sqft
View details
101 Aupuni St Ste, Unit 316
APARTMENT HOUSE (UNDER 5 UNITS)

101 Aupuni St Ste, Hilo, HI 96720-4262

Unit 316
Value Estimation by Request
310 sqft
View details
101 Aupuni St Ste, Unit 315
APARTMENT HOUSE (UNDER 5 UNITS)

101 Aupuni St Ste, Hilo, HI 96720-4262

Unit 315
Value Estimation by Request
310 sqft
View details
50 Maile St, Unit B
APARTMENT HOUSE (UNDER 5 UNITS)

50 Maile St, Hilo, HI 96720-4374

Unit B
$2,250,000
Estimated value
6,720 sqft · 0.78 AC lot
View details
101 Aupuni St Ste, Unit 244
APARTMENT HOUSE (UNDER 5 UNITS)

101 Aupuni St Ste, Hilo, HI 96720-4261

Unit 244
Value Estimation by Request
310 sqft
View details
24 Ainako Ave
APARTMENT HOUSE (UNDER 5 UNITS)

24 Ainako Ave, Hilo, HI 96720-1926

$1,400,000
Estimated value
5,440 sqft · 0.20 AC lot
View details
101 Aupuni St Ste 1014a
APARTMENT HOUSE (UNDER 5 UNITS)

101 Aupuni St Ste 1014a, Hilo, HI 96720-4259

$840,000
Estimated value
2,453 sqft
View details
101 Aupuni St Ste, Unit 214
APARTMENT HOUSE (UNDER 5 UNITS)

101 Aupuni St Ste, Hilo, HI 96720-4221

Unit 214
Value Estimation by Request
310 sqft
View details
101 Aupuni St Ste, Unit 133
APARTMENT HOUSE (UNDER 5 UNITS)

101 Aupuni St Ste, Hilo, HI 96720-4265

Unit 133
$640,000
Estimated value
1,263 sqft
View details
101 Aupuni St Ste, Unit 132
APARTMENT HOUSE (UNDER 5 UNITS)

101 Aupuni St Ste, Hilo, HI 96720-4265

Unit 132
$635,000
Estimated value
1,187 sqft
View details
101 Aupuni St Ste, Unit 241
APARTMENT HOUSE (UNDER 5 UNITS)

101 Aupuni St Ste, Hilo, HI 96720-4261

Unit 241
Value Estimation by Request
308 sqft
View details
101 Aupuni St Ste, Unit 302
APARTMENT HOUSE (UNDER 5 UNITS)

101 Aupuni St Ste, Hilo, HI 96720-4262

Unit 302
Value Estimation by Request
308 sqft
View details
101 Aupuni St Ste, Unit 301
APARTMENT HOUSE (UNDER 5 UNITS)

101 Aupuni St Ste, Hilo, HI 96720-4262

Unit 301
Value Estimation by Request
308 sqft
View details
337 Ululani St
APARTMENT HOUSE (UNDER 5 UNITS)

337 Ululani St, Hilo, HI 96720-3068

$4,795,000
Estimated value
20,736 sqft · 1.25 AC lot
View details
Hilo, HI 96720
APARTMENT HOUSE (UNDER 5 UNITS)

Hilo, HI 96720

Value Estimation by Request
1,258 sqft · 0.17 AC lot
View details
101 Aupuni St Ste, Unit 115
APARTMENT HOUSE (UNDER 5 UNITS)

101 Aupuni St Ste, Hilo, HI 96720-4260

Unit 115
Value Estimation by Request
310 sqft
View details
101 Aupuni St Ste 1014f
APARTMENT HOUSE (UNDER 5 UNITS)

101 Aupuni St Ste 1014f, Hilo, HI 96720-4259

Value Estimation by Request
190 sqft
View details
101 Aupuni St Ste 1014d
APARTMENT HOUSE (UNDER 5 UNITS)

101 Aupuni St Ste 1014d, Hilo, HI 96720-4259

Value Estimation by Request
690 sqft
View details
101 Aupuni St Ste, Unit 113
APARTMENT HOUSE (UNDER 5 UNITS)

101 Aupuni St Ste, Hilo, HI 96720-4260

Unit 113
Value Estimation by Request
310 sqft
View details
101 Aupuni St Ste, Unit 112
APARTMENT HOUSE (UNDER 5 UNITS)

101 Aupuni St Ste, Hilo, HI 96720-4260

Unit 112
Value Estimation by Request
310 sqft
View details
101 Aupuni St Ste, Unit 118
APARTMENT HOUSE (UNDER 5 UNITS)

101 Aupuni St Ste, Hilo, HI 96720-4260

Unit 118
Value Estimation by Request
310 sqft
View details
101 Aupuni St Ste 1014c
APARTMENT HOUSE (UNDER 5 UNITS)

101 Aupuni St Ste 1014c, Hilo, HI 96720-4259

$870,000
Estimated value
2,875 sqft
View details

Hilo, HI Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Hilo, HI on our real estate platform. These investment opportunities span a total of 41 square feet of properties for sale, with an estimated market value of $2,900,000.

Sale prices for two-family homes in Hilo, HI start at $2,900,000, averaging $2,900,000, and reaching up to $2,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 51K
Population Growth (5Y) +3.2%
Median Household Income $78,537
College Educated 23.2%

High-Yield Neighborhoods for Investment

Identify Hilo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
96720 $2.9M

Taxes & Financing

Tax Rate (average for all types) 0.89%
Property Tax per SF $6.19 per SF
Tax Rate vs County Average 0.09 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hawaii County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Hawaii County

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