$920,000
$950,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
4 Baths
2,764 SqFt
SOLD DATE : 06/05/2026
Key Details
Sold Price $920,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,764 sqft
Price per Sqft $332
Subdivision Waiakea Homesteads 5Th Series
MLS Listing ID 729263
Sold Date 06/05/26
Bedrooms 7
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1967
Annual Tax Amount $9,058
Tax Year 2025
Lot Size 0.373 Acres
Property Sub-Type Duplex
Source Hawaii Information Service
Land Area 16240
Property Description
Rare opportunity in Hilo, ideally located off Puainako Street near the University of Hawaiʻi at Hilo—well-suited for multi-living spaces or added flexibility. Properties offering two separate dwellings are limited in today's Hilo market, making this a compelling option for those seeking space and versatility. The unfinished basement, already fully wired, offers the potential to create additional living space.
The main residence has been extensively remodeled with a complete interior overhaul. Upstairs features 3 bedrooms and 1 bathroom, along with a bright, refreshed living area. Improvements include new electrical throughout, a brand new roof, updated flooring, upgraded support beams, new kitchen countertops and cabinetry, and fresh interior and exterior paint.
The lower level includes an unfinished basement configured as a studio space, offering flexible use options. The property provides ample parking with a 2-car carport, a separate 1-car carport, and a large, approximately 300 sq ft storage structure.
Main House virtually Staged
In addition, a spacious detached cottage—separately metered—features 3 bedrooms and 2 bathrooms with over 1,700 sq ft of living area and a covered lanai. The cottage is currently tenant-occupied at $2,400 per month. Detached cottages of this size are not commonly available in Hilo.
Conveniently located just minutes from shopping, dining, and everyday conveniences.
This property combines extensive upgrades, multiple dwellings, and a desirable location.
Location
State HI
County Hawaii Island (big Island)
Community Waiakea Homesteads 5Th Series
Area Hi
Zoning RS-15
Region South Hilo
City Region South Hilo
Interior
Hot Water Electric
Flooring Carpet
Exterior
Parking Features Covered, Other
Utilities Available Cable Available, Electricity Available, Phone Available, Water Available
View Y/N No
Water Access Desc Public
Topography Gentle Slope
Garage No
Private Pool No
Building
Lot Description Rocky
Unit Features Single Family Home
Entry Level One
Sewer Cesspool
Others
Ownership Full
Acceptable Financing 1031 Exchange, Cash, Conventional, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, VA Loan
Special Listing Condition Fee Simple, Standard
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Penn Henderson
KONA REALTOR® | License ID: RS-83962
KONA REALTOR® License ID: RS-83962







