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82-D HOKU ST Hilo, HI 96720

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For Sale
$495,500

MULTI_FAMILY - Hilo, HI

Property size:
3,900 SF
Lot size:
0.10 Acres
Added:
Aug 26, 2025
Days on Market:
236
Last Refresh:
Apr 18 at 4:06 pm

Property Features for 82-D HOKU ST

General Information

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

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3462

Utilities

Utilities
Water Available
Water source
Public

Building Details

Year built
1945
Flooring type
Vinyl, Laminate

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Listing Contact
Nathalie C Mullinix
Nathalie C Mullinix

Listing agent Nathalie C Mullinix License #RB-17596

Listing office Nathalie Mullinix Realty Universal, Inc. 1888 Kalakaua Avenue Suite C312, Honolulu, HI

Listing date Aug 26, 2025

MLS# 723448 Listing URL

Copyright © 2026 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 with potential for increased income through room-by-room rentals. The property features 9 rentable rooms, 3 bathrooms, and 2 full kitchens (upstairs and downstairs). The flexible layout is suited for shared housing, workforce rentals, or multi-family use. The property is currently producing solid revenue and offers the potential to raise rental value with updates. The current gross income is between $70,000 and $80,000+ per year. The property offers a gross ROI of 13.1% at $70,000/year or 15% at $80,000/year. Additional tax benefits may be available from depreciation and write-offs. The multi-tenant setup reduces vacancy risk and enhances income stability. The property is ideally located within walking distance to major employers, hospitals, colleges, stores, restaurants, beaches, parks, and public transportation. The property is situated on a lot of approximately 0.0992 acres and has a property size of 3900 square feet. The zoning is RD-3.75.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Single family properties

Map

City
Hilo
County
Hawaii
State
Hawaii
Longitude
-155.0808341
Latitude
19.717022

FAQs

What type of property is this?
Multifamily property - High-cash-flow investment property in downtown Hilo with income potential.
Where is this multifamily property located?
The property is located at 82-D HOKU ST Hilo, HI.
What is the asking price?
The asking price for this property is $495,500.
What are key features of this property?
This property features: High income potential with current gross income of $70,000-$80,000+ per year.; Attractive gross ROI of 13.1% to 15% at current income levels.; Nine rentable rooms, offering flexibility and maximizing rental income.
More about this property
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