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Two-Level Duplex with Flexible Layout
For Sale
$545,000

2133 Kinoole St, Hilo, HI 96720

A 6-bedroom home offers separate living areas, private entrances, and an interior connection between floors.

Property Size2,060 SF
Price / SF$264.56
Days on Market96

Property Features for 2133 Kinoole St

General Information

Standard status Active
Size 2,060 SF
Property subtype Multi-Family

Amenities

picnic table
custom lava rock BBQ
waterfall/pond feature
dog kennels

Building Details

Year Built 1960
Listing Agency: Property Professionals Hawaii LLC.
Listed By: Oasis Hawai'i
Source: Myoasishawaii
Added: Jul 13 Changed: Oct 15 Last Checked: Oct 16 at 8:49AM

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 Property Professionals Hawaii LLC.

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Investment Insights

Based on property information with market context.

This 2,060-square-foot duplex, built in 1960, is arranged for use as one connected residence or two distinct living areas. Each level has a private exterior entrance, while an interior connection links the floors. The upper level has been updated and includes a full kitchen with stainless appliances and a gas stove. The lower level provides a main living area, three bedrooms, one bathroom, and a kitchenette equipped with a refrigerator, freezer, microwave, toaster oven, and portable cooktop.

The fully fenced lot includes ample parking, a grassy yard, picnic table, lava rock BBQ, and a waterfall-and-pond feature. Multiple dog kennels sit beside the home and may also serve as individually locked storage areas. The property is at 2133 Kinoole St in Hilo, near Kawailani and minutes from UH Hilo, public schools, shopping, and dining.

Key Highlights

  • 6 bedrooms and 2 bathrooms within a 2,060‑square‑foot duplex
  • Two living areas connected internally, with private exterior entrances for each floor
  • Updated upper level with full kitchen, stainless appliances, and gas stove

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,892
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,840 $617.8K
Cap Rate 7%
$441,314 $441.3K
Cap Rate 9%
$343,244 $343.2K
Market Conditions
NOI Build-Up for 2,060 SF
Gross rent
$45.7K $22.20/SF
− Vacancy
−$1.6K −$0.78/SF
EGI
$44.1K $21.42/SF
− OpEx
−$13.2K −$6.43/SF
NOI
$30.9K $15.00/SF
Area
Hawaii County, HI
Vacancy
3.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,840
Cap Rate 7%
$441,314
Cap Rate 9%
$343,244

Alternative Uses

Best Use
Multifamily LT 5
$441.3K
$386.2K – $514.9K (±1% cap)
NOI $30,892 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$404.2K
$353.7K – $471.6K (±1% cap)
NOI $28,296 @ 7.0% cap · market cap 5.19%
Theoretical Best
Specialty Retail
$703.0K
$615.2K – $820.2K (±1% cap)
NOI $49,213 @ 7.0% cap · market cap 9.03%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A 6-bedroom home offers separate living areas, private entrances, and an interior connection between floors.
Where is this duplex located?
The property is located at 2133 Kinoole St Hilo, HI.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: 6 bedrooms and 2 bathrooms within a 2,060‑square‑foot duplex; Two living areas connected internally, with private exterior entrances for each floor; Updated upper level with full kitchen, stainless appliances, and gas stove
More about this property
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