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    Hilo, HI Multifamily Properties for Sale

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    Hilo Multi-Unit Investment Opportunity
    $535,000
    594 SF

    Hilo Multi-Unit Investment Opportunity

    82D Hoku St, Hilo, HI 96720

    Income-producing Hilo property with flexible layout and great potential.

    • High Gross Income: $70,000-$80,000 per year, a 12%+ gross ROI.
    • Flexible Layout: With 9 rooms, 3 bathrooms, and 2 kitchens, ideal for various rental strategies.
    • Prime Location: Centrally located in downtown Hilo, near shops and schools.
    • Investment Opportunity: Potential to increase ROI up to 50% with accelerated component depreciation.
    • Value‑Add Potential: Add value through updates or expansion, including adding more units.
    Updated: Dec 16, 2025
    View details
    Hilo Multifamily Investment Opportunity
    $535,000
    3,900 SF

    Hilo Multifamily Investment Opportunity

    82-D Hoku St, Hilo, HI 96720

    High-income potential property in downtown Hilo with flexible layout.

    • High‑cash‑flow investment property with a gross ROI of 13.1% to 15% based on current income.
    • 9 rentable rooms, 3 bathrooms, and 2 full kitchens provide a flexible layout for room‑by‑room rentals.
    • Prime Downtown Hilo location within walking distance to major employers, hospitals, colleges, stores, restaurants, beaches, parks, and public transportation.
    • Potential to increase ROI through optimized room‑by‑room rentals and updates.
    • Current gross income of $70,000-$80,000+ per year.
    Updated: Dec 15, 2025
    View details
    Hilo Multi-Family Investment Opportunity
    $725,000
    2,904 SF

    Hilo Multi-Family Investment Opportunity

    Two homes on one lot in Hilo, Hawaii.

    619 Mililani St, Hilo, HI 96720
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    Hilo Apartment Building Opportunity
    $3,950,000
    0.50 Acres

    Hilo Apartment Building Opportunity

    22-unit apartment building near downtown Hilo amenities.

    307 Lehua St, Hilo, HI 96720
    View details
    Based on your search, we've compiled 133 Potential Opportunities for your consideration. Besides 4 Active listings in Hilo, HI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 125 Off-Market properties to explore as potential leads

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Income-Generating Pahoa Multi-Family Property
    $535,000
    1,544 SF

    Income-Generating Pahoa Multi-Family Property

    Two homes and a duplex on one acre near Pahoa.

    14-3276 Pualaa Rd, Pahoa, HI 96778
    View details
    Income Opportunity Near Pahoa
    $535,000

    Income Opportunity Near Pahoa

    Two homes and a duplex on one acre.

    14-3276 Pualaa Rd, Pahoa, HI 96778
    View details
    Kailua-Kona Home with Ocean Views
    $1,700,000
    3,472 SF

    Kailua-Kona Home with Ocean Views

    Custom home with ocean views, apartment, and separate permitted Ohana.

    77-6451 Marlin Rd, Kailua Kona, HI 96740
    View details
    Alii Drive Multi-Unit Rental
    $3,888,888
    5,520 SF

    Alii Drive Multi-Unit Rental

    Multi-unit residential rental property on Alii Drive in Kailua-Kona.

    76-6271 Alii Dr, Kailua Kona, HI 96740
    View details

    Explore Off-Market Properties in Hilo, HI

    Consider similar Off-Market properties in Hilo, HI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    101 Aupuni St Ste, Unit 117

    101 Aupuni St Ste, Unit 117

    APARTMENT HOUSE (UNDER 5 UNITS) • 310 SF
    Value Estimation
    $60,000
    101 Aupuni St Ste, Hilo, HI 96720-4260
    View details
    101 Aupuni St Ste, Unit 241

    101 Aupuni St Ste, Unit 241

    APARTMENT HOUSE (UNDER 5 UNITS) • 308 SF
    Value Estimation
    $160,000
    101 Aupuni St Ste, Hilo, HI 96720-4261
    View details
    220 Hilo Lagoon Ctr

    220 Hilo Lagoon Ctr

    APARTMENT HOUSE (UNDER 5 UNITS) • 310 SF
    Value Estimation by Request
    220 Hilo Lagoon Ctr, Hilo, HI 96720
    View details
    101 Aupuni St Ste, Unit 304

    101 Aupuni St Ste, Unit 304

    APARTMENT HOUSE (UNDER 5 UNITS) • 308 SF
    Value Estimation by Request
    101 Aupuni St Ste, Hilo, HI 96720-4262
    View details
    101 Aupuni St Ste, Unit 314

    101 Aupuni St Ste, Unit 314

    APARTMENT HOUSE (UNDER 5 UNITS) • 310 SF
    Value Estimation by Request
    101 Aupuni St Ste, Hilo, HI 96720-4262
    View details
    101 Aupuni St Ste, Unit 105

    101 Aupuni St Ste, Unit 105

    APARTMENT HOUSE (UNDER 5 UNITS) • 308 SF
    Value Estimation by Request
    101 Aupuni St Ste, Hilo, HI 96720-4260
    View details
    101 Aupuni St Ste, Unit 211

    101 Aupuni St Ste, Unit 211

    APARTMENT HOUSE (UNDER 5 UNITS) • 310 SF
    Value Estimation by Request
    101 Aupuni St Ste, Hilo, HI 96720-4221
    View details
    152 Hilo Lagoon Ctr

    152 Hilo Lagoon Ctr

    APARTMENT HOUSE (UNDER 5 UNITS) • 675 SF
    Value Estimation
    $225,000
    152 Hilo Lagoon Ctr, Hilo, HI 96720
    View details
    101 Aupuni St Ste, Unit 227

    101 Aupuni St Ste, Unit 227

    APARTMENT HOUSE (UNDER 5 UNITS) • 1,279 SF
    Value Estimation
    $290,000
    101 Aupuni St Ste, Hilo, HI 96720-4261
    View details
    101 Aupuni St Ste 1014d

    101 Aupuni St Ste 1014d

    APARTMENT HOUSE (UNDER 5 UNITS) • 690 SF
    Value Estimation
    $55,000
    101 Aupuni St Ste 1014d, Hilo, HI 96720-4259
    View details
    101 Aupuni St Ste 1014e

    101 Aupuni St Ste 1014e

    APARTMENT HOUSE (UNDER 5 UNITS) • 466 SF
    Value Estimation by Request
    101 Aupuni St Ste 1014e, Hilo, HI 96720-4259
    View details
    101 Aupuni St Ste, Unit 140

    101 Aupuni St Ste, Unit 140

    APARTMENT HOUSE (UNDER 5 UNITS) • 946 SF
    Value Estimation
    $300,000
    101 Aupuni St Ste, Hilo, HI 96720-4265
    View details
    101 Aupuni St Ste, Unit 320

    101 Aupuni St Ste, Unit 320

    APARTMENT HOUSE (UNDER 5 UNITS) • 310 SF
    Value Estimation
    $290,000
    101 Aupuni St Ste, Hilo, HI 96720-4262
    View details
    101 Aupuni St Ste, Unit 201

    101 Aupuni St Ste, Unit 201

    APARTMENT HOUSE (UNDER 5 UNITS) • 308 SF
    Value Estimation by Request
    101 Aupuni St Ste, Hilo, HI 96720-4221
    View details
    154 Hilo Lagoon Ctr

    154 Hilo Lagoon Ctr

    APARTMENT HOUSE (UNDER 5 UNITS) • 318 SF
    Value Estimation by Request
    154 Hilo Lagoon Ctr, Hilo, HI 96720
    View details
    101 Aupuni St Ste, Unit 307

    101 Aupuni St Ste, Unit 307

    APARTMENT HOUSE (UNDER 5 UNITS) • 308 SF
    Value Estimation by Request
    101 Aupuni St Ste, Hilo, HI 96720-4262
    View details
    101 Aupuni St Ste, Unit 1002

    101 Aupuni St Ste, Unit 1002

    APARTMENT HOUSE (UNDER 5 UNITS) • 1,295 SF
    Value Estimation
    $305,000
    101 Aupuni St Ste, Hilo, HI 96720-4259
    View details
    101 Aupuni St Ste, Unit 219

    101 Aupuni St Ste, Unit 219

    APARTMENT HOUSE (UNDER 5 UNITS) • 310 SF
    Value Estimation by Request
    101 Aupuni St Ste, Hilo, HI 96720-4221
    View details
    101 Aupuni St Ste, Unit 208

    101 Aupuni St Ste, Unit 208

    APARTMENT HOUSE (UNDER 5 UNITS) • 308 SF
    Value Estimation by Request
    101 Aupuni St Ste, Hilo, HI 96720-4221
    View details
    101 Aupuni St Ste, Unit 108

    101 Aupuni St Ste, Unit 108

    APARTMENT HOUSE (UNDER 5 UNITS) • 308 SF
    Value Estimation by Request
    101 Aupuni St Ste, Hilo, HI 96720-4260
    View details

    Hilo, HI Multifamily Properties Investment Opportunities Market Analysis

    Explore 129 multifamily properties for sale in Hilo, HI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 180,713 square feet of properties for sale, with an estimated market value of $13,945,000.

    Prices for multifamily properties in Hilo, HI start at $260,000, averaging $1,394,500, and reaching up to $5,005,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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