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Remodeled Quadplex with Ocean Views
For Sale
$1,300,000

2107 KAIWIKI RD, Hilo, HI 96720

Four-unit property with lanai access, shared laundry, and varied residential layouts.

Property SizeContact for details
Days on Market80

Property Features for 2107 KAIWIKI RD

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 1 x studio, 1 x 2BR, 1 x 3BR/2BA, 1 x 1BR
Multifamily Units 4

Additional Details

Road Access Yes

Amenities

ocean views
lanais
shared laundry
pool table
Electricity Available

Building Details

Year Built 2008
Year Renovated 2024
Listing Agency: Bizwala
Listed By: Everell Thayer · License #RS-78771
Source: Kw
Added: Jul 8 Changed: Sep 23 Last Checked: Sep 24 at 3:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bizwala

Investment Insights

Based on property information with market context.

This 5,638-square-foot quadplex contains four residential units with ocean views and lanais throughout. The lower level includes a studio with a full kitchen and a separate two-bedroom unit with its own full kitchen. The main level offers a three-bedroom, two-bath layout with a full kitchen, laundry, two-stall garage, and pool table. An upper-level one-bedroom unit with kitchenette connects by interior stairs and also has exterior stairs, allowing it to function independently or as part of the main-level residence.

The property was remodeled in 2024, with interior painting completed throughout and new kitchens and countertops added in both lower units. Shared laundry serves the lower-level units, while the main level has dedicated laundry. All four units are occupied by long-term tenants, and some units are partially furnished. Located on Kaiwiki Road in Hilo, the property is positioned at a cooler elevation than downtown Hilo.

Key Highlights

  • Four‑unit quadplex with 5,638 SF of building area
  • Ocean views and lanais provided for all units
  • Remodeled in 2024; both lower units received new kitchens and countertops

Property Analytics

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Current Use

Hilo Bay Ocean ... Hotel & Motel

Lease Details

4
Residential units
Yes
Paved road access

Location Intelligence

Demographics for 96720, HI

46,615
Population
19,826
Households
2.4
Avg Household Size
43
Median Age
34%
College-Educated
95%
High-School Grad
287.8 sq mi
ZIP Area
162
Density / Sq Mi
$78,537
Median Household Income
$41,268
Median Earnings
$1,346
Median Rent
$458,100
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property with lanai access, shared laundry, and varied residential layouts.
Where is this quadplex located?
The property is located at 2107 KAIWIKI RD Hilo, HI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Four‑unit quadplex with 5,638 SF of building area; Ocean views and lanais provided for all units; Remodeled in 2024; both lower units received new kitchens and countertops
More about this property
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