82D Hoku St, Hilo, HI 96720

Building Details

Year built

1945

Flooring type

Laminate, Vinyl

Listing agent Nathalie Mullinix License #RB-17596

Listing office Nathalie Mullinix REALTY UNIVERSAL 1888 Kalakaua Ave. C312, Honolulu, HI

Listing date Aug 26, 2025

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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.

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Overview

This apartment building is set up with nine total rentable rooms and three bathrooms. The configuration includes two full kitchens, one upstairs and one downstairs, supporting shared-housing or multi-tenant rental arrangements. The layout is described as flexible for room-by-room use, with an additional note that rental value may be improved with updates.

The property is located at 82D Hoku St, Hilo, HI 96720, in downtown Hilo. The listing notes that the area provides walkable access to major employers, hospitals, colleges, stores, restaurants, beaches, parks, and public transportation.

For buyers looking for a multi-tenant income approach, the listing states current gross income of approximately $70,000–$80,000+ per year. It also provides an indicated gross ROI of about 13.1% at $70,000 and about 15% at $80,000, based on the asking price. The room-by-room structure is highlighted as a way to generate higher total monthly income than whole-house rentals, alongside a built-in multi-tenant setup.

Map

City

Hilo

County

Hawaii

State

Hawaii

Longitude

-155.080829

Latitude

19.717024

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FAQs

What type of property is this?

Apartment building - Apartment building with nine rentable rooms, three bathrooms, and two full kitchens for flexible shared-living rental setups.

Where is this apartment building 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 home on Hoku Street (HI 96720), built in 1945; 9 total rentable rooms with 3 bathrooms; Two full kitchens (upstairs and downstairs) for flexible shared‑housing or rental setup