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    82-D Hoku St Hilo, HI 96720

    Sponsored
    For Sale
    $535,000

    MULTI_FAMILY - Hilo, HI

    Property size:
    3,900 SF
    Lot size:
    0.10 Acres
    Days on Market:
    27
    Last Refresh:
    Jan 10 at 10:06 am

    Property Features for 82-D Hoku St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    RD-3.75
    Rooms
    Bedroom 2, Bedroom 3, Bedroom 7, Bedroom 5, Bedroom 6, Bedroom 8, Bedroom 9, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 4, Bathroom 3
    Bedrooms
    9
    Bathrooms
    3
    APN
    3220160330000
    Size
    3,900 SF
    Lot size
    0.10 Acres

    Utilities

    Utilities
    Water Available
    Water source
    Public

    Building Details

    Year built
    1945
    Flooring type
    Vinyl, Laminate

    Nathalie Mullinix REALTY UNIVERSAL, Inc. (808) 327-4466 x84 [email protected]

    Listing agent Nathalie C Mullinix (808) 327-4466

    Listing date Dec 15, 2025

    MLS# 723448 Listing URL

    Copyright © 2025 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hilo Multifamily Investment Opportunity

    Located in downtown Hilo, this property presents a high-cash-flow investment opportunity. The property features 9 rentable rooms, 3 bathrooms, and 2 full kitchens situated upstairs and downstairs. The flexible layout is suited for shared housing, workforce rentals, or multi-family use. The property is currently producing solid revenue with the potential to raise rental value with updates. The current gross income is between $70,000 and $80,000+ per year. The location provides walking distance access to major employers, hospitals, colleges, stores, restaurants, beaches, parks, and public transportation. The property is located on a lot that is 0.1 acres. The property size is 3900 square feet. Zoning is RD-3.75.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Hilo
    County
    Hawaii
    State
    Hawaii
    Longitude
    -155.0808341
    Latitude
    19.71702203

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    FAQs

    What type of property is this?
    Apartment building - High-income potential property in downtown Hilo with flexible layout.
    Where is this apartment building located?
    The property is located at 82-D Hoku St Hilo, HI.
    What is the asking price?
    The asking price for this property is $535,000.
    What are key features of this property?
    This property features: - High-cash-flow investment property with a gross ROI of 13.1% to 15% based on current income.; - **9 rentable rooms, 3 bathrooms, and 2 full kitchens provide a flexible layout for room-by-room rentals.**; - **Prime Downtown Hilo location within walking distance to major employers, hospitals, colleges, stores, restaurants, beaches, parks, and public transportation.**
    (808) 261-0350
    Request Owner's contact information
    82-D Hoku St Hilo, HI 96720
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    Hilo, HI 96720
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    82-D Hoku St Hilo, HI 96720
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