Hilo Multifamily Investment
82-D HOKU ST, Hilo, HI 96720
- Added:
- Aug 26, 2025
- Days on Market:
- 266
- Last Refresh:
- May 18 at 1:06 am
Property Features for 82-D HOKU ST
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RD-3.75
- Bedrooms
- 9
- Bathrooms
- 3
- Rooms
- Bedroom 8, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 9, Bathroom 1, Bedroom 2, Bathroom 3
- Standard status
- Active
- APN
- 3220160330000
- Size
- 3,900 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3462
Utilities
- Utilities
- Water Available
- Water source
- Public
Building Details
- Year built
- 1945
- Flooring type
- Laminate, Vinyl
Listing agent Nathalie C Mullinix License #RB-17596 (808) 327-4466
Listing office Nathalie Mullinix Realty Universal, Inc. 1888 Kalakaua Avenue Suite C312, Honolulu, HI (808) 261-0350
Listing date Aug 26, 2025
MLS# 723448
Listing URL
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.
HighLights
- High‑cash‑flow investment property with a gross ROI of 13.1% to 15% based on current income.
- Nine rentable rooms with potential for increased ROI through optimized room‑by‑room rentals.
- Prime Downtown Hilo location within walking distance to major employers, hospitals, colleges, stores, restaurants, beaches, parks, and public transportation.
- Two full kitchens and three bathrooms support the room‑by‑room rental strategy.
- Current gross income of $70,000-$80,000+ per year.
- Flexible layout suited for shared housing, workforce rentals, or multi‑family use.
Overview
Located in downtown Hilo, this multifamily 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. The flexible layout is suited for shared housing, workforce rentals, or multi-family use. Currently, the property generates a gross income between $70,000 and $80,000+ per year. The property offers the potential to increase ROI through optimized room-by-room rentals, along with additional tax benefits from depreciation and write-offs. The multi-tenant setup reduces vacancy risk and enhances income stability. The property is situated in a prime downtown Hilo location, within walking distance to major employers, hospitals, colleges, stores, restaurants, beaches, parks, and public transportation. The lot size is 0.0992 acres. The property size is 3900 square feet. The zoning is RD-3.75.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Multifamily properties
Map
- City
- Hilo
- County
- Hawaii
- State
- Hawaii
- Longitude
- -155.0808341
- Latitude
- 19.717022
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - High-cash-flow investment property in downtown Hilo with income potential.
Where is this multifamily property located?
The property is located at 82-D HOKU ST Hilo, HI.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: High‑cash‑flow investment property with a gross ROI of 13.1% to 15% based on current income.; Nine rentable rooms with potential for increased ROI through optimized room‑by‑room rentals.; Prime Downtown Hilo location within walking distance to major employers, hospitals, colleges, stores, restaurants, beaches, parks, and public transportation.
