• 20 days on site
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Rare Multi-Unit Income Opportunity in the Heart of Hilo Versatile three-unit property on a generous 22,500 sf RS-10 lot with potential for subdivision. The front duplex offers two spacious 3-bedroom/1-bath units, one upstairs and one downstairs, while a detached 3-bedroom/2-bath home sits privately at the rear. In total, approximately 3,200 sf of rentable living area, plus a centrally located 3-car garage. Each building has its own separate water and electric meters, making multi-tenant management simple. Two units are currently tenant-occupied and generating income. The vacant back house is ready for an owner-occupant or a new tenant, offering immediate flexibility and strong upside as units turn. Additional value-add potential: the seller obtained carport permits for the front and rear of the property (not yet built; may still be valid) and previously explored subdividing the lot with separate access off Pala Lane. RS-10 zoning may allow subdivision. Buyer to verify with the County of Hawai'i Planning Department. Whether you're looking to live in one unit while renting the others or seeking a pure investment play, this property delivers, all in a convenient, established Hilo neighborhood just minutes from town. Sold AS-IS. Buyer and buyer's agent to verify all information.

Source: Hawaii Information Services, MLS#: 731095

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  • Property Type
    Residential
Listing provided courtesy of Rock Realty LLC- MLS# 731095MLS ProviderContact Information: 8084643847

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  • Median Age
    41
  • Population Density
    159
  • College Educated
    46%
  • Estimated Median Income
    $65,551
  • Estimated Total Home Owners
    10,785
  • Estimated Total Renters
    6,316
  • Owner / Renter Divide
    63% / 37%
  • Estimated Average Household Size
    3
  • Total Population
    48,647
  • Community data courtesy of LiveBy, Inc.

History

Date Event Value Agent
6/9/2026Source: Hawaii Information Services Added to Database
June 09, 2026
5/12/2025Source: Hawaii Information Services Status Change
Closed
5/1/2025Source: Hawaii Information Services Added to Database
May 01, 2025