$548,000
$548,000
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2 Beds
4 Baths
4,936 SqFt
SOLD DATE : 08/19/2025
Key Details
Sold Price $548,000
Property Type Multi-Family
Sub Type Four Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,936 sqft
Price per Sqft $111
Subdivision Puueo
MLS Listing ID 718910
Sold Date 08/19/25
Bedrooms 2
Full Baths 4
HOA Y/N No
Year Built 1933
Annual Tax Amount $4,140
Tax Year 2024
Lot Size 7,508 Sqft
Property Sub-Type Four Or More Units
Source Hawaii Information Service
Land Area 7508
Property Description
This listing must be sold with MLS 719006 for a total of 6 units for $975,000
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 to Downtown Hilo, grocery stores, and a variety of restaurants. Enjoy the vibrant local community and amenities just moments away.
Income Potential: Two of the four units are currently rented, providing immediate rental income. Unit 1 and 2 tenant occupied on a month-to-month lease. Unit 3 and 4 are vacant.
Flexible Use: Whether you're looking to live in one unit while renting out the others, use the property for short-term rentals, or accommodate family members in close proximity, this 4-plex offers versatility to suit your needs.
Unit Breakdown:
Unit 1: Spacious 1-bedroom, 1-bathroom with a recently renovated kitchen including a range/oven and refrigerator. Perfect for a comfortable and modern living experience.
Unit 2: Cozy studio with a full bath and a well-equipped kitchen featuring a range/oven and refrigerator. Large walk-in pantry.
Unit 3: Another inviting studio with a full bath and a kitchen complete with range/oven and refrigerator. Offers a charming and functional living space.
Unit 4: Recently renovated large 1-bedroom, 1-bathroom unit with a kitchen equipped with a range/oven and refrigerator. Move-in ready and perfect for immediate use.
Each unit is separately metered, ensuring ease of management and billing. Don't miss this fantastic opportunity to invest in a property with strong rental potential or create a multi-generational living space in one of Hilo's most desirable locations.
Location
State HI
County Hawaii Island (big Island)
Community Puueo
Area Hi
Zoning RM-1
Region South Hilo
City Region South Hilo
Exterior
Parking Features Assigned
Utilities Available Electricity Available, Sewer Connected
View Y/N No
Garage No
Private Pool No
Building
Lot Description Cleared
Entry Level One
Others
Ownership Full
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Fee Simple, Standard
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Penn Henderson
HAWAII REALTOR® | License ID: RS-83962
HAWAII REALTOR® License ID: RS-83962







