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82D Hoku St Hilo, HI 96720

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For Sale
$495,500

Multi-Unit (2-4) - Hilo, HI

Property size:
594 SF
Added:
Aug 26, 2025
Days on Market:
228
Last Refresh:
Apr 10 at 10:06 am

Property Features for 82D Hoku St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Parking features
Garage, Garage - Attached
Standard status
Active
Size
594 SF

Taxes and HOA fees

Tax Annual Amount
0

Building Details

Year built
1945
Year renovated
1945
Flooring type
Laminate, Vinyl
Architectural style
Other

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Listing Contact
Nathalie Mullinix
Nathalie Mullinix

Listing agent Nathalie Mullinix

Listing office Nathalie Mullinix REALTY UNIVERSAL 1888 Kalakaua Ave. C312, Honolulu, HI

Listing date Aug 26, 2025

MLS# 11571734 Listing URL

Copyright © 2026 My State MLS. 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 Multi-Unit 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, one upstairs and one downstairs. Currently, the gross income ranges from $70,000 to over $80,000 per year. The property's layout is flexible, making it suitable for shared housing, workforce rentals, or multi-family use. There is potential to increase rental value with updates. The location is within walking distance to major employers, hospitals, colleges, stores, restaurants, beaches, parks, and public transportation. The property is 594 square feet and is situated on a lot with an area of 0 acres. The multi-tenant setup reduces vacancy risk and enhances income stability. The property is suited for investors seeking high net operating income and rent per square foot. It offers additional tax benefits from depreciation and write-offs.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Multifamily properties

Map

City
Hilo
County
Hawaii
State
Hawaii
Longitude
-155.080829
Latitude
19.717024

FAQs

What type of property is this?
Multifamily property - Downtown Hilo property with high income potential.
Where is this multifamily property located?
The property is located at 82D 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 cash flow investment opportunity with a gross ROI of 13.1% to 15% based on current income.; Prime Downtown Hilo location within walking distance to major employers, hospitals, colleges, stores, restaurants, beaches, parks, and public transportation.; 9 rentable rooms, 3 bathrooms, and 2 full kitchens provide a flexible layout for room‑by‑room rentals.
More about this property
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