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Hilo, HI Multifamily Properties for Sale

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Spacious Hilo Multi-Family Investment
$995,000
1,892 SF

Spacious Hilo Multi-Family Investment

360-A LAMA ST, Hilo, HI 96720

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

  • Two fully permitted, detached homes on a large lot, each with its own carport and road access.
  • Excellent location in the desirable Panaewa Houselots, close to shopping centers.
  • Immediate income potential as a professionally managed, long‑term rental property.
  • Suitable for investors, multi‑generational living, or owner‑occupants.
  • First time on the market, owned by a longtime kamaaina family.
Updated: Jan 12
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Hilo Multifamily Investment Opportunity
$495,500
3,900 SF

Hilo Multifamily Investment Opportunity

82-D HOKU ST, Hilo, HI 96720

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

  • High income potential with current gross income of $70,000-$80,000+ per year.
  • Attractive gross ROI of 13.1% to 15% at current income levels.
  • Nine rentable rooms, offering flexibility and maximizing rental income.
  • Prime Downtown Hilo location with walking distance to amenities and major employers.
  • Two full kitchens and three bathrooms support room‑by‑room rental setup.
Updated: Aug 26, 2025
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Hilo Multi-Unit Investment Opportunity
$495,500
594 SF

Hilo Multi-Unit Investment Opportunity

Downtown Hilo property with high income potential.

82D Hoku St, Hilo, HI 96720
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Commercial Condominium Complex For Sale
$2,900,000

Commercial Condominium Complex For Sale

Large commercial complex with rental income potential and river views.

399 HUALANI ST, Hilo, HI 96720
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Based on your search, we've compiled 137 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, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Spacious Investment Property in Mountain View
$750,000
3,264 SF

Spacious Investment Property in Mountain View

High-income potential near Hilo with detached garage.

17-733 ALA LOOP, Mountain View, HI 96771
View details
Honolulu Multifamily Investment Opportunity
$1,875,000
2,799 SF

Honolulu Multifamily Investment Opportunity

Renovated multifamily property near University of Hawaii and Waikiki.

3741 Harding Avenue, Honolulu, HI 96816
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Renovated Multifamily Property in Kapahulu
$2,680,000
4,240 SF

Renovated Multifamily Property in Kapahulu

Turnkey multifamily property with low vacancy in a prime location.

718 Kamuela Avenue, Honolulu, HI 96816
View details
Mountain View Ranch with Ocean Views
$998,000
1,968 SF

Mountain View Ranch with Ocean Views

Charming ranch with ocean views, pastures, and income potential.

17-7860 Kulani Rd, Mountain View, HI 96771
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Clearlake Land/Lot Opportunity
Contact for pricing
5,663.00 Acres

Clearlake Land/Lot Opportunity

Three adjoining lots near Pomo school, ideal for manufactured home.

3519 Covelo Street, Clearlake, CA 95422
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Wooded Lot Near Pebble Beach
$70,000
0.64 Acres

Wooded Lot Near Pebble Beach

Spacious 0.64 acre lot near Pebble Beach.

1775 Beech St., Crescent City, CA 95531
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Land with Private Well
$34,900
55,757.00 Acres

Land with Private Well

Over an acre of land with a private well.

7114 Horseshoe, Corning, CA 96021
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Rancho Tehama Homesite Opportunity
Contact for pricing
81,021.60 Acres

Rancho Tehama Homesite Opportunity

1.86-acre homesite in Rancho Tehama community.

16305 Hillcrest Drive, Corning, CA 96021
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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 317

101 Aupuni St Ste, Unit 317

APARTMENT HOUSE (UNDER 5 UNITS) • 310 SF
Value Estimation by Request
101 Aupuni St Ste, Hilo, HI 96720-4262
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101 Aupuni St Ste, Unit 316

101 Aupuni St Ste, Unit 316

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 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
50 Maile St, Unit B

50 Maile St, Unit B

APARTMENT HOUSE (UNDER 5 UNITS) • 6,720 SF
Value Estimation
$2,250,000
50 Maile St, Hilo, HI 96720-4374
View details
101 Aupuni St Ste, Unit 244

101 Aupuni St Ste, Unit 244

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

24 Ainako Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 5,440 SF
Value Estimation
$1,400,000
24 Ainako Ave, Hilo, HI 96720-1926
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101 Aupuni St Ste 1014a

101 Aupuni St Ste 1014a

APARTMENT HOUSE (UNDER 5 UNITS) • 2,453 SF
Value Estimation
$840,000
101 Aupuni St Ste 1014a, Hilo, HI 96720-4259
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101 Aupuni St Ste, Unit 214

101 Aupuni St Ste, Unit 214

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 133

101 Aupuni St Ste, Unit 133

APARTMENT HOUSE (UNDER 5 UNITS) • 1,263 SF
Value Estimation
$640,000
101 Aupuni St Ste, Hilo, HI 96720-4265
View details
101 Aupuni St Ste, Unit 132

101 Aupuni St Ste, Unit 132

APARTMENT HOUSE (UNDER 5 UNITS) • 1,187 SF
Value Estimation
$635,000
101 Aupuni St Ste, Hilo, HI 96720-4265
View details
101 Aupuni St Ste, Unit 241

101 Aupuni St Ste, Unit 241

APARTMENT HOUSE (UNDER 5 UNITS) • 308 SF
Value Estimation by Request
101 Aupuni St Ste, Hilo, HI 96720-4261
View details
101 Aupuni St Ste, Unit 302

101 Aupuni St Ste, Unit 302

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 301

101 Aupuni St Ste, Unit 301

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

337 Ululani St

APARTMENT HOUSE (UNDER 5 UNITS) • 20,736 SF
Value Estimation
$4,795,000
337 Ululani St, Hilo, HI 96720-3068
View details
Hilo, HI 96720

Hilo, HI 96720

APARTMENT HOUSE (UNDER 5 UNITS) • 1,258 SF
Value Estimation by Request
Hilo, HI 96720
View details
101 Aupuni St Ste, Unit 115

101 Aupuni St Ste, Unit 115

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 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 1014d

101 Aupuni St Ste 1014d

APARTMENT HOUSE (UNDER 5 UNITS) • 690 SF
Value Estimation by Request
101 Aupuni St Ste 1014d, Hilo, HI 96720-4259
View details
101 Aupuni St Ste, Unit 113

101 Aupuni St Ste, Unit 113

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 112

101 Aupuni St Ste, Unit 112

APARTMENT HOUSE (UNDER 5 UNITS) • 310 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 277,826 square feet of properties for sale, with an estimated market value of $10,940,500.

Sale prices for multifamily properties in Hilo, HI start at $260,000, averaging $1,094,050, 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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