SOLD 05/14/2024
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350 Lehua Street, Hilo, HI 96720
$525,000 $590,000
Multi-Family Home
sold
2,812 sqft
Neighborhood:
Puueo
Sold 05/14/2024
$525,000 $590,000
12 min walk to the beach
5 min drive to Banyan Golf Course
6 min drive to Honoli'i
About lifestyles
Settled in the heart of Hilo, this Victorian style home built in 1945, is a great opportunity for the right investor. Zoned as Multi-Family, this property is currently rented to 6 long term tenants, in 6 separate units collecting separate rents, for a total of $49,800 annually. Within walking distance you are right in the middle of downtown Hilo with shopping, dining, and activities. A short drive will bring you to the popular Honolii Beach Park known for its surfing. The University of Hawaii and Hilo Airport are also located nearby. The exterior has been partially repainted and some roof areas replaced in June 2023. The house was tented in November 2019 and is being sold "As Is".
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Multi-family details
1945 year built
- Year Built 1945
- Original list price $649,000
- Days on market 252
- Building type Multi Dwellings
- Price per sqft $187/sqft
-
Address
350 Lehua Street, Hilo, HI, 96720
- Frontage Other
- Neighborhood Puueo
- Land tenure FS - Fee Simple
- Land SqFt 9,358 sqft
- View Other, Sunrise
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Monthly payment
Calculate your monthly payments
Mortgage
$2,677
Taxes
$405
HOA dues
$0
Mortgage
Down payment
$105,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$2,677 / month
Neighborhood: Puueo
Nearby & commute
Coffee shops
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no data
Bus stop
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Supermarket
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Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
Unit Information
6 total units
# of 1 Bd
6
# of 2 Bd
0
# of 3 Bd
0
Total Units
6
Amenities & Features
4 parking places
Stories
Three
Furnished
None
Roof
Aluminum/Steel
Construction
Above Ground, Single Wall, Wood Frame
Utilities
Cable, Internet, Overhead Electricity, Public Water, Telephone
Property Condition
Average
Parking
Open
nr.of parking places
4
Amenities
None
Income
Net Operating Income: $33,100
Total Actual Rent
$4,150
Total Annual Operating Expenses
$16,700
Total Income
$49,800
Net Operating Income
$33,100
Puueo prices
Average price $502.77k
Neighborhood average sales price*
$502.77k
Neighborhood median sales price*
$417.55k
Number or sales*
455
Street median sales price*
$380k
*last 6 months
Schools
15 schools in this area
| School rating | Distance | |
|---|---|---|
|
Connections - New Century Public Charter School
174 Kamehameha Ave,
Hilo, HI 96720
Elementary School
|
0.478mi | |
|
Connections - New Century Public Charter School
174 Kamehameha Ave,
Hilo, HI 96720
Middle School
|
0.478mi | |
|
Connections - New Century Public Charter School
174 Kamehameha Ave,
Hilo, HI 96720
High School
|
0.478mi |
| School rating | Distance | |
|---|---|---|
|
Connections - New Century Public Charter School
174 Kamehameha Ave,
Hilo, HI 96720
|
0.478mi | |
|
Hilo Union Elementary School
506 Waianuenue Ave,
Hilo, HI 96720
|
0.509mi | |
|
Haili Christian School
190 Ululani Street,
Hilo, HI 96720
|
0.565mi | |
|
Mauna Loa School
172 Kapiolani Street,
Hilo, HI 96720
|
0.773mi | |
|
Haaheo Elementary School
121 Haaheo Rd,
Hilo, HI 96720
|
0.976mi |
| School rating | Distance | |
|---|---|---|
|
Connections - New Century Public Charter School
174 Kamehameha Ave,
Hilo, HI 96720
|
0.478mi | |
|
Hilo Union Elementary School
506 Waianuenue Ave,
Hilo, HI 96720
|
0.509mi | |
|
Haili Christian School
190 Ululani Street,
Hilo, HI 96720
|
0.565mi | |
|
Mauna Loa School
172 Kapiolani Street,
Hilo, HI 96720
|
0.773mi | |
|
Hilo Intermediate School
587 Waianuenue Ave,
Hilo, HI 96720
|
0.774mi |
| School rating | Distance | |
|---|---|---|
|
Connections - New Century Public Charter School
174 Kamehameha Ave,
Hilo, HI 96720
|
0.478mi | |
|
Hilo High School
556 Waianuenue Ave,
Hilo, HI 96720
|
0.704mi | |
|
St Joseph School
1000 Ululani Street,
Hilo, HI 96720
|
1.249mi | |
|
Waiakea High School
155 West Kawili St,
Hilo, HI 96720
|
2.412mi | |
|
Ka Umeke Kaeo - Public Charter School
222 Desha Ave,
Hilo, HI 96720
|
3.003mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold May 14, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 14, 2024 | Sold | $525,000 | $186.70 | Public Record |
| Apr 1, 2024 | In Escrow - not showing | $590,000 | $209.82 | MLS #202320494 |
| Mar 22, 2024 | Active Under Contract | $590,000 | $209.82 | MLS #202320494 |
| Mar 15, 2024 | Price Decrease | $590,000 -9.09% | $209.82 | MLS #202320494 |
| Sep 6, 2023 | New Listing | $649,000 +8.35% | $230.80 | MLS #202320494 |
| Apr 1, 2023 | Expired | $599,000 | $213.02 | MLS #202213788 |
| Mar 29, 2023 | Price Decrease | $599,000 -7.7% | $213.02 | MLS #202213788 |
| Oct 25, 2022 | Price Decrease | $649,000 -18.77% | $230.80 | MLS #202213788 |
| Jul 18, 2022 | New Listing | $799,000 | $284.14 | MLS #202213788 |
Tax & MLS details 350 Lehua Street, Hilo, HI, 96720
00 - Residential zoning / MLS #202320494
Current Property Taxes p/month
$405
Property Tax Year
2023
Assessed Improvement value
$304,100
Assessed Land value
$133,600
TMK
3-2-6-004-026-0000
Land Recorded
Regular System
Zoning
00 - Residential
Flood Zone
Zone X
Topography
Gentle Slope
Location
Inside
Lot Description
Other
Property Setbacks
C&C
Total Assessed value
$437,700
Listed by
Keller Williams Honolulu
(808) 596-2888
(808) 596-2888
MLS #
202320494
Hawaii House tour report for this multi-family home
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Open floorplan
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Frequently asked questions for 350 Lehua Street
When was this multi-family home built and last sold?
This house was build in 1945 and sold in 2024.
What is the full address of this multi-family home?
350 Lehua Street, Hilo, HI, 96720.
Are there beaches near 350 Lehua Street?
The nearest beach is 0.471 miles away. It should take about 12 min walk.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Keller Williams Honolulu. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.
Listings last updated on June 14, 2024.
Hawaii House Last checked less than a minute ago.
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