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Room-By-Room Multi-Family Investment

82D Hoku St Hilo, HI 96720

82D Hoku St, Hilo, HI, 96720
$495,500
For Sale
$495,500

MULTI_FAMILY - Hilo, HI

Lot Size0.10 Acres
Days on Market327

Property Features for 82D Hoku St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
3
Rooms
Bedroom 2, Bedroom 5, Bedroom 3, Bedroom 6, Bedroom 9, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 8, Bedroom 7, Bathroom 3, Bedroom 4
Standard status
Active
Lot size
0.10 Acres

Building Details

Year built
1945
Flooring type
Vinyl, Laminate
Listing Agency Nathalie Mullinix REALTY UNIVERSAL
1888 Kalakaua Ave. C312, Honolulu, HI
Listed by Nathalie Mullinix · License #RB-17596
Added: Aug 26, 2025 Checked: Jul 18 at 3:06 pm
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.


Investment Insights

Based on property information with market context.

This multi-tenant property is set up for room-by-room rentals, with 9 total rooms, 3 bathrooms, and 2 full kitchens (upstairs and downstairs). The flexible interior configuration supports shared housing or rental use, and there is stated potential to raise rental value with updates.

Located in downtown Hilo, the property is described as within walking distance of major employers, hospitals, colleges, stores, restaurants, beaches, parks, and public transportation, with high local rental demand.

The listing also notes current gross income of approximately $70,000 to $80,000 or more per year, with the opportunity to improve returns through optimized room-by-room rental practices.

Key Highlights

  • Downtown Hilo investment with 9 rentable rooms and 3 bathrooms
  • 2 full kitchens (upstairs and downstairs) supports multi‑tenant/room‑by‑room rental setups
  • Current gross income of $70,000–$80,000+ per year with asking price $495,500

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Specialty properties

FAQs

What type of property is this?
Specialty property - Multi-tenant property with 9 rooms, 3 bathrooms, and two full kitchens configured for shared rentals.
Where is this specialty 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: Downtown Hilo investment with 9 rentable rooms and 3 bathrooms; 2 full kitchens (upstairs and downstairs) supports multi‑tenant/room‑by‑room rental setups; Current gross income of $70,000–$80,000+ per year with asking price $495,500
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