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    Hilo, HI Multifamily Properties for Sale

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    Hilo Multifamily Investment Opportunity
    $715,000
    2,904 SF

    Hilo Multifamily Investment Opportunity

    619 Mililani St, Hilo, HI 96720

    Two homes on one lot in Hilo, Hawaii.

    • Two separate homes on one lot for rental income or multi‑generational living.
    • Prime Hilo location, close to shopping, dining, and Wailoa State Park.
    • Charming, refreshed multi‑level residence originally built in 1932.
    • Second home (built in 1985) offers a versatile layout with bedrooms and bathrooms on both upper and lower levels.
    • Potential to pursue commercial zoning (buyer to verify).
    Updated: Feb 24
    View details
    Hilo Multi-Unit Investment Opportunity
    $495,500
    594 SF

    Hilo Multi-Unit Investment Opportunity

    82D Hoku St, Hilo, HI 96720

    Downtown Hilo property with high income potential.

    • High cash flow investment opportunity with a gross ROI of 13.1% to 15% based on current income.
    • Prime Downtown Hilo location within walking distance to major employers, hospitals, colleges, stores, restaurants, beaches, parks, and public transportation.
    • 9 rentable rooms, 3 bathrooms, and 2 full kitchens provide a flexible layout for room‑by‑room rentals.
    • Current gross income of $70,000-$80,000+ per year with potential for increased ROI through optimized rentals.
    • Multi‑tenant setup reduces vacancy risk and enhances income stability.
    Updated: Feb 23
    View details
    Hilo Multifamily Investment Opportunity
    $495,500
    3,900 SF

    Hilo Multifamily Investment Opportunity

    High-cash-flow investment property in downtown Hilo with income potential.

    82-D Hoku St, Hilo, HI 96720
    View details
    Spacious Hilo Multi-Family Investment
    $995,000
    1,892 SF

    Spacious Hilo Multi-Family Investment

    Two detached homes on a large lot, ideal for investors.

    360-A Lama St, Hilo, HI 96720
    View details
    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 134 Potential Opportunities for your consideration. Besides 5 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.

    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
    Kailua-Kona Multi-Family Income Property
    $1,675,000
    3,930 SF

    Kailua-Kona Multi-Family Income Property

    Two updated homes on one lot with ocean and sunset views.

    73-1153 Ahikawa St, Kailua Kona, HI 96740
    View details
    Renovated Beach-Style Home with Ohana
    $2,395,000
    2,039 SF

    Renovated Beach-Style Home with Ohana

    Kihei home with permitted ohana, studio, and ocean views.

    151 Walua Pl, Kihei, HI 96753
    View details
    Spacious Kihei Multi-Dwelling Property
    Pending
    $1,500,000
    0.75 Acres

    Spacious Kihei Multi-Dwelling Property

    Two dwellings on a large lot near the beach.

    275 Kenolio Rd, Kihei, HI 96753
    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.

    929 Ululani St

    929 Ululani St

    APARTMENT HOUSE (UNDER 5 UNITS) • 11,152 SF
    Value Estimation
    $3,355,000
    929 Ululani St, Hilo, HI 96720-3922
    View details
    101 Aupuni St Ste 1014f

    101 Aupuni St Ste 1014f

    APARTMENT HOUSE (UNDER 5 UNITS) • 190 SF
    Value Estimation by Request
    101 Aupuni St Ste 1014f, Hilo, HI 96720-4259
    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
    101 Aupuni St Ste, Unit 315

    101 Aupuni St Ste, Unit 315

    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 204

    101 Aupuni St Ste, Unit 204

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

    651 Ponahawai St

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,680 SF
    Value Estimation
    $1,185,000
    651 Ponahawai St, Hilo, HI 96720
    View details
    101 Aupuni St Ste, Unit 109

    101 Aupuni St Ste, Unit 109

    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 117

    101 Aupuni St Ste, Unit 117

    APARTMENT HOUSE (UNDER 5 UNITS) • 310 SF
    Value Estimation by Request
    101 Aupuni St Ste, Hilo, HI 96720-4260
    View details
    101 Aupuni St Ste, Unit 139

    101 Aupuni St Ste, Unit 139

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,075 SF
    Value Estimation
    $645,000
    101 Aupuni St Ste, Hilo, HI 96720-4265
    View details
    101 Aupuni St Ste, Unit 155

    101 Aupuni St Ste, Unit 155

    APARTMENT HOUSE (UNDER 5 UNITS) • 318 SF
    Value Estimation by Request
    101 Aupuni St Ste, Hilo, HI 96720-4263
    View details
    101 Aupuni St Ste, Unit 165

    101 Aupuni St Ste, Unit 165

    APARTMENT HOUSE (UNDER 5 UNITS) • 546 SF
    Value Estimation by Request
    101 Aupuni St Ste, Hilo, HI 96720-4221
    View details
    101 Aupuni St Ste, Unit 205

    101 Aupuni St Ste, Unit 205

    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 218

    101 Aupuni St Ste, Unit 218

    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 227

    101 Aupuni St Ste, Unit 227

    APARTMENT HOUSE (UNDER 5 UNITS) • 1,279 SF
    Value Estimation by Request
    101 Aupuni St Ste, Hilo, HI 96720-4261
    View details
    101 Aupuni St Ste, Unit 243

    101 Aupuni St Ste, Unit 243

    APARTMENT HOUSE (UNDER 5 UNITS) • 310 SF
    Value Estimation by Request
    101 Aupuni St Ste, Hilo, HI 96720-4261
    View details
    101 Aupuni St Ste, Unit 248

    101 Aupuni St Ste, Unit 248

    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 303

    101 Aupuni St Ste, Unit 303

    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 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 308

    101 Aupuni St Ste, Unit 308

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

    Hilo, HI Multifamily Properties Investment Opportunities Market Analysis

    Explore 130 multifamily properties for sale in Hilo, HI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 299,632 square feet of properties for sale, with an estimated market value of $14,890,500.

    Sale prices for multifamily properties in Hilo, HI start at $260,000, averaging $1,353,681, and reaching up to $5,005,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Most Searched ZIP Codes in Hilo, HI

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