Hilo, HI Residential income properties for sale

Updated: Oct 16

Two-Residence Multifamily Property

1360 KAUMANA DR, Hilo, HI 96720

$830,000

2,828 sqft 0.71 AC lot

Two residences on 0.705 acres
Main home: approximately 2,000 square feet, 4 bedrooms, and 2 bathrooms
Second home: approximately 800 square feet, 2 bedrooms, and 1 bathroom
RS‑15 zoning
Seasonal stream along the rear boundary

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Updated: Jul 13

Duplex Property with Separate Dwelling

30 KANOELANI ST, Hilo, HI 96720

$750,000

2,592 sqft 0.61 AC lot

Two‑building duplex property totaling 2,592 square feet
Primary building offers 1,948 square feet and requires renovation and repairs
Permitted second building contains 800 square feet, 1 bedroom, and 2 bathrooms
0.6116‑acre lot with mature tropical landscaping, expansive yard, and rock walls
RS‑15 zoning with covered parking

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Flexible Duplex Property

2133 KINOOLE ST, Hilo, HI 96720

$545,000

2,060 sqft 0.24 AC lot

Adaptable two-level layout offers separate living areas, private entrances, and outdoor space for extended household use.

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Two-Home Short-Term Rental Property

441 Mohouli St, Hilo, HI 96720

$1,195,000

3,298 sqft 0.41 AC lot

Two furnished residences and a separate basement studio combine guest accommodations with an existing longer-term tenancy.

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Two-Home Duplex on Acreage

446 AINALAKO RD, Hilo, HI 96720

$1,199,000

3,827 sqft 1.00 AC lot

Two separate residences provide flexible living arrangements within a fenced property with covered parking and an automatic gate.

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Updated Two-Unit Duplex

346 LEHUA ST, Hilo, HI 96720

$610,000

1,664 sqft 0.17 AC lot

Two residences offer refreshed interiors, private outdoor areas, in-unit laundry, and access to Downtown Hilo amenities.

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Two-Home Multifamily Property

619 MILILANI ST, Hilo, HI 96720

$675,000

2,904 sqft 0.25 AC lot

Two separate residences on one lot support rental or owner-occupant use.

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Two-Residence Multifamily Property

1360 Kaumana Dr, Hilo, HI 96720

$830,000

2,828 sqft 0.70 AC lot

The 0.70-acre parcel contains a four-bedroom main home and a separate two-bedroom residence.

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Two-Level Duplex with Flexible Layout

2133 Kinoole St, Hilo, HI 96720

$545,000

2,060 sqft

A 6-bedroom home offers separate living areas, private entrances, and an interior connection between floors.

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Multifamily Property with Additional Structure

30 Kanoelani St, Hilo, HI 96720

$750,000

2,592 sqft

Includes a permitted secondary structure while the primary living area requires substantial repairs.

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Renovated Three-Unit Multifamily Property

76 E Palai St, Hilo, HI 96720

$737,000

2,092 sqft

Separate electric metering and carports serve three leased residential units.

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Commercial Condominium Complex For Sale

399 HUALANI ST, Hilo, HI 96720

$2,900,000

41 sqft 41.00 AC lot

Large commercial complex with rental income potential and river views.

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Four-Unit Mixed-Use Building

96 Wainaku Street, Hilo, HI 96720

$249,000

2,220 sqft

Includes three residential units and a storefront near downtown Hilo.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 13 Active listings in Hilo, HI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Duplex with Covered Lanai

16-413 Napua St, Keaau, HI 96749

$749,000

2,484 sqft

Two residences offer separate living spaces, photovoltaic systems, and dedicated carport and garage-workshop parking.

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8-Bedroom Duplex Property

17-733 ALA LOOP, Kurtistown, HI 96760

$795,000

3,264 sqft 1.25 AC lot

Currently used for long-term rentals, with a detached garage and public water service.

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Rehabilitated Duplex Property

16-155 AULII ST, Kurtistown, HI 96760

$580,000

Two single-family residences occupy a cleared, fully fenced parcel with updated water-system equipment.

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Commercial Sale, Keaau, HI

16-540 LAUKAHI PL, Keaau, HI 96749

$625,000

1,152 sqft 0.26 AC lot

Commercial land · 1,152 SF

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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.

Farmland with Conservation Resource Subzone

KAIWIKI RD, Hilo, HI 96720

$395,000

19.40 AC lot

Agricultural land zoned A-5A with phone available, situated at the end of Kaiwiki Road with no-through access.

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Orchid Land Estates Corner Lot

39TH AVE, Kurtistown, HI 96760

$135,000

2.00 AC lot

Two-acre corner lot in Orchid Land Estates, Kurtistown, Hawaii.

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Updated Duplex Estate with Orchard

28-1187 OLD MAMALAHOA HIGHWAY, Pepeekeo, HI 96783

$4,256,000

6,253 sqft 11.51 AC lot

Two renovated residences share gated grounds with ocean views, mature fruit trees, and practical agricultural improvements.

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Partially Cleared Land in Keaau

3RD AVE, Keaau, HI 96749

$175,000

1.00 AC lot

Partially cleared lot with well and septic system in place.

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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.