Flexible Duplex
For Sale
$545,000
2133 KINOOLE ST, Hilo, HI 96720
Residential Income, Hilo, HI
Property Size2,060 SF
Lot Size0.24 Acres
Price / SF$264.56
Days on Market98
Property Features for 2133 KINOOLE ST
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RS-10
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 1, Bedroom 6
Parking features
Covered
Fencing
Chain Link
Appliances
Dishwasher, Dryer, Gas Cooktop, Microwave, Range, Refrigerator, Washer
Subdivision
WAIAKEA HOMESTEAD HOUSELOTS
Lot features
Cleared, Corner Lot, Grassy
Standard status
Active
APN
3220410590000
Size
2,060 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5452
Utilities
Utilities
Phone Available
Sewer type
Cesspool
Amenities
dog kennels
custom lava rock BBQ
waterfall/pond feature
fully fenced lot
outdoor picnic table
Building Details
Year built
1960
Floors in Building
2
Listing Agency:
Salt Water Real Estate LLC
(808) 491-2294
Listed By:
Mary E. Blyth
(808) 443-7877
Added: Jul 11
Changed: Sep 28
Last Checked: Oct 16 at 4:06PM
MLS# 731812
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,060-square-foot duplex property was built in 1960 on a 0.2375-acre lot and arranged for flexible occupancy. The two levels connect internally while also providing separate exterior entries. The upper floor features an updated kitchen with stainless appliances and a gas cooktop. The lower level includes a main living area, three bedrooms, one bathroom, and a kitchenette equipped with a refrigerator, freezer, microwave, toaster oven, and portable cooktop. Across the home, the layout provides six bedrooms and two bathrooms.
The fully fenced lot includes covered parking, a grassy yard, a picnic table, a lava rock barbecue, and a waterfall-and-pond feature. Multiple dog kennels sit along the side of the home and may also serve as enclosed storage areas. The property is near Kawailani and Kinoole St., with UH Hilo, public schools, shopping, and dining described as minutes away. Zoning is RS-10; utilities include phone availability, and sewer service is via cesspool.
The fully fenced lot includes covered parking, a grassy yard, a picnic table, a lava rock barbecue, and a waterfall-and-pond feature. Multiple dog kennels sit along the side of the home and may also serve as enclosed storage areas. The property is near Kawailani and Kinoole St., with UH Hilo, public schools, shopping, and dining described as minutes away. Zoning is RS-10; utilities include phone availability, and sewer service is via cesspool.
Key Highlights
- 6 bedrooms and 2 bathrooms within a two‑level, 2,060‑square‑foot layout
- 0.2375‑acre fully fenced lot with grassy yard and covered parking
- Separate exterior entrances plus an interior connection between floors
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
NOI $30,892 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$404.2K
$353.7K – $471.6K
NOI $28,296 @ 7.0% cap · market cap 5.19%
Theoretical Best
Specialty Retail
$703.0K
$615.2K – $820.2K
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
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
Frequently Asked Questions
What type of property is this?
Duplex - Adaptable two-level layout offers separate living areas, private entrances, and outdoor space for extended household use.
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 two‑level, 2,060‑square‑foot layout; 0.2375‑acre fully fenced lot with grassy yard and covered parking; Separate exterior entrances plus an interior connection between floors
