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Hilo, HI Multifamily Homes & Duplexes for Sale

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  • /9

    $427,000

    • 3 Beds
    • 2 Baths
    • 880 Sq Ft

    334 Kauila St Unit 5 and 6, Hilo, HI 96720

    This Listing Needs to be Sold with MLS 718910 for a total of 6 units for $975,000Welcome to this beautifully updated duplex, where modern comfort meets the tranquility of nature. Located conveniently with the soothing sounds of the Pukihae stream, this property offers two distinct living spaces, perfect for a variety of needs.Unit #5: This inviting 2-bedroom, 1-full bath unit

    Andrea Aana Redfin Corporation

    334 Kauila St Unit 5 and 6, Hilo, HI 96720
  • /11

    $548,000

    • 2 Beds
    • 4 Baths
    • 4,936 Sq Ft

    332 Kauila St Unit 1-4, Hilo, HI 96720

    This listing must be sold with MLS 719006 for a total of 6 units for $975,000Discover this exceptional 4-plex located just a short stroll from Downtown Hilo, where convenience meets charm. Ideal for both investors and multi-generational families, this property offers a range of possibilities with its four distinct units, each featuring private entries, individual kitchens and bathrooms,

    Andrea Aana Redfin Corporation

    332 Kauila St Unit 1-4, Hilo, HI 96720
  • /25

    $748,000

    • 7 Beds
    • 4 Baths
    • 2,640 Sq Ft

    49 Kuhilani St, Hilo, HI 96720

    This is a wonderful opportunity to own a large family home that is conveniently located above the University of Hilo on a large lot in a very well maintained, safe and desirable neighborhood. This attractive, fully fenced property offers the potential for multi-family generational living or as a successful rental property. Existing home has partitions between sections to provide privacy between

    Mary Blyth Salt Water Real Estate LLC

    49 Kuhilani St, Hilo, HI 96720
  • /27

    $3,950,000

    307 Lehua St Unit 22, Hilo, HI 96720

    Great opportunity to own an apartment building in walking distance to downtown Hilo where you will find all of the amenities including the farmer's market, local eateries, grocery stores, post office, boutique shops, etc. Next door to Jump Start Preschool. Just a short drive from medical facilities, airport, and Hilo Hospital. Hilo Bay and Honolii Beach Park are known as

    Benjamin Kawakami Jr eXp Realty

    307 Lehua St Unit 22, Hilo, HI 96720
  • /15

    $895,000

    • 4 Beds
    • 2 Baths
    • 1,720 Sq Ft

    199 Kehaulani St Unit 3, Hilo, HI 96720

    PRICE REDUCTION!Attention Investors!Exceptionally Rare Income-generating opportunity.Property offers 3 separate buildings.•First home is currently rented.Lease expires 8/31/2025.•Second home recently upgraded and rent ready.•Third building is a large unfinished structure constructed as a house but permitted as storage shed.Well-maintained

    Alice Wise Century 21 Homefinders of Hawaii

    199 Kehaulani St Unit 3, Hilo, HI 96720
  • /30

    $2,999,999

    • 6 Beds
    • 6.5 Baths
    • 3,618 Sq Ft

    23 MacHida Ln, Hilo, HI 96720

    Oceanfront Paradise: Versatile Luxury Property with Endless PotentialDiscover an extraordinary opportunity to own a piece of Hawaiian paradise. This stunning oceanfront property, borders the picturesque Onekahakaha Beach Park, offering breathtaking views of the Pacific Ocean and easy access to a protected white-sand cove.Featuring over 6,300 sqft of thoughtfully designed space, this

    David Skeele COMPASS

    23 MacHida Ln, Hilo, HI 96720
  • /30

    $838,000

    • 4 Beds
    • 3 Baths
    • 1,390 Sq Ft

    106 Anela St, Hilo, HI 96720

    Stunning Farmhouse-Modern 3BD/2BA Home with Office & Large Lush Lot in Hilo with luxury tiny home on trailer.Welcome to this beautifully remodeled 3-bedroom, 2-bath farmhouse-modern home, where rustic charm meets contemporary elegance. Featuring an additional office or bonus room, this versatile space is ideal for working from home or creating a cozy retreat. Located right in the heart of

    Sasha Mason Corcoran Pacific Properties

    106 Anela St, Hilo, HI 96720
  • /29

    $665,000

    • 4 Beds
    • 2 Baths
    • 1,664 Sq Ft

    346 Lehua St, Hilo, HI 96720

    Rare income-producing property near Downtown Hilo. This duplex combines classic charm with modern convenience, offering two updated and spacious 2-bedroom, 1-bath units. It presents versatile options for owner occupants looking to offset housing costs or for investors seeking a popular rental property.Upstairs Unit:The upstairs unit showcases plantation-era charm, featuring an

    Sunita Przewlocki Salt Water Real Estate LLC

    346 Lehua St, Hilo, HI 96720
  • /25

    $410,000

    • 3 Beds
    • 2 Baths
    • 880 Sq Ft

    334 Kauila St Unit 5 and 6, Hilo, HI 96720

    This Listing Needs to be Sold with MLS 713466 Welcome to this beautifully updated duplex, where modern comfort meets the tranquility of nature. Located conveniently with the soothing sounds of the Pukihae stream, this property offers two distinct living spaces, perfect for a variety of needs.Unit #5: This inviting 2-bedroom, 1-full bath unit boasts a separate entry for added

    Andrea Aana Redfin Corporation

    334 Kauila St Unit 5 and 6, Hilo, HI 96720
  • /25

    $790,000

    • 2 Beds
    • 4 Baths
    • 2,848 Sq Ft

    332 Kauila St, Hilo, HI 96720

    Discover this exceptional 4-plex located just a short stroll from Downtown Hilo, where convenience meets charm. Ideal for both investors and multi-generational families, this property offers a range of possibilities with its four distinct units, each featuring private entries, individual kitchens and bathrooms, and dedicated parking stalls.Key Features:Prime Location: Walking distance

    Andrea Aana Redfin Corporation

    332 Kauila St, Hilo, HI 96720
  • /6

    $2,426,000

    • 10 Beds
    • 5.5 Baths
    • 3,704 Sq Ft

    76 E Palai St, Hilo, HI 96720

    Four separate parcels, 7 dwelling structures totaling 10 rented units. All Stable Cash Flowing Properties with Strong History of High Occupancy. Possible Added Value by Subdividing some of the Lots. Off-Street Parking or Carport Space for All Units. Refer to MLS #'s 710954, 711445, 711985, 712305 for information on each individual property.1) Tax Key Number: (3) 2-2-055-008 - MLS#

    Patricia Summers Big Island Properties

    76 E Palai St, Hilo, HI 96720
  • /13

    $799,000

    • 5 Beds
    • 6 Baths
    • 2,092 Sq Ft

    76 E Palai St, Hilo, HI 96720

    Nice rental property in Hilo. All units have been renovated and are rented. Three individual and separate rentals with carports. One TMK# makes for easy management. Good tenants, good income. Subdivision possible. Buyer is advised to do their due diligence. Cap rate of 7.68% Renovations on all three units:New roofing & refinished in some areasNew countertops, Quartz in unit BNew

    Patricia Summers Big Island Properties

    76 E Palai St, Hilo, HI 96720
  • /24

    $4,975,000

    • 52 Beds
    • 28 Baths
    • 18,810 Sq Ft

    1365 Kalanianaole St, Hilo, HI 96720

    28 Unit apartment complex, 24 two bedroom, 4 one-bedroom units. Units renovated in 2018, granite countertops, new flooring, fresh paint inside and out, solid building with good income. Newer roof. Laundry room on lower level. Three floors, first floor is parking, second and third floor are apartments. Great location for those who enjoy the ocean and beaches close by. Just minutes from downtown

    Donald McKinnon Hinano Island Realty LLC

    1365 Kalanianaole St, Hilo, HI 96720
  • /18

    $699,000

    • 15 Beds
    • 5 Baths
    • 4,866 Sq Ft

    347 Iliahi St, Hilo, HI 96720

    Fully functioning 15 unit multi-family building just a few minutes from downtown Hilo.This permitted three-story building was converted from a single-family residence to a 15 unit congregate dwelling with three and a half bathrooms and three full kitchens to service each floor. The lower level consists of six units renting for $350/month. The second level consist of five units renting for

    Hank Correa Better Homes and Gardens Real Estate Hank Correa Realty

    347 Iliahi St, Hilo, HI 96720
  • /30

    $2,999,999

    • 6 Beds
    • 6.5 Baths
    • 3,618 Sq Ft

    23 MacHida Ln, Hilo, HI 96720

    The Hilo Beach House is a successful multi-unit, beach-front, short-term vacation rental, STVR, bordering Onekahakaha Beach Park for easy ocean access and front-row views of the Pacific Ocean. A protected white-sand cove is located just steps away from this amazing opportunity. Offering 4 luxury-studio units on the first floor, a 2 bedroom, 2 bathroom residence on the top floor, 2 laundry rooms,

    David Skeele COMPASS

    23 MacHida Ln, Hilo, HI 96720
  • /24

    $2,200,000

    474 Wainaku St, Hilo, HI 96720

    9 rental units plus warehouse some with ocean views. Close to downtown Hilo.

    Patricia Salvador Patricia Salvador, Broker

    474 Wainaku St, Hilo, HI 96720

About Hilo

Hilo is the largest settlement in the state outside of O’ahu, with about 45,000 residents. On the east side of the Big Island, this town gets fewer tourists than the west coast, but hospitality is still the main industry. “It’s much smaller than the Kohala side, more of a hometown feel and not as commercialized. We get tourist traffic from Hawai’i Volcanoes National Park, but it’s quieter,” says Lisa Heaviside with Hawaii Life, a Hilo resident and a Realtor since 2003. “We don’t have huge resorts, but we have some bayfront hotels. We don’t have ...

Home Trends in Hilo, HI

Home Trends

Median Price (12 Mo)
$510,000
Median Single Family Price
$600,000
Median Townhouse Price
$540,000
Median 2 Bedroom Price
$265,000
Median 1 Bedroom Price
$272,500
Average Price Per Sq Ft
$419
Number of Homes for Sale
116
Last 12 months Home Sales
257
Months of Supply
5.40
Median List Price
$551,500
Median Discount From 1st List Price
3%
Median Home Sale Price YoY Change
12%
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