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Ohana
* Second home allowed on either a residential or an agricultural zoned property.
Surf
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Hilo homes for sale & real estate | South Hilo

Hilo properties for sale : 1 condo, 1 home

Home
9 bd
594 sqft
$625,000
9
bd
594
sqft
Great Investment Opportunity in Downtown Hilo – ONLY $625,000 Hoku Street, Hilo, HI 96720 Gross Income: $70,000–$80,000 per year This unique Hilo property has 9 rooms total, 3 bathrooms and 2 kitchens (one upstairs and one downstairs) making it ideal for multi-family use, shared rentals, or long-term tenants. Currently generating $70K–$80K/year = 12%+ gross return based on asking price. Whether you’re an investor or looking to live in part and rent the rest, this is a rare chance to own in downtown Hilo – very few homes for sale. What You’ll Love: • 9 rooms, 3 baths, 2 kitchens • Income $70K–$80K = 12%+ ROI • Increase ROI up to 50% with accelerated component depreciation • Flexible layout – great for shared housing or multi-unit rentals • Central Hilo – close to shops, schools and more • Room to add value with updates or expansion • Potential to add more units Don’t miss this opportunity to own flexible, income-producing property in one of Hilo’s most desirable locations.
$415k  $5,000
Hilo - Hilo Lagoon Centre
101 AUPUNI Street unit 521, Hilo
Condo
2 bd
968 sqft
$415,000  $5,000
2
bd
968
sqft
Price adjusted to $415K FS and a $10K Credit at Closing! Welcome to your newly updated 2/Bdrm, 2/Bth condo at the Hilo Lagoon Centre. Fresh paint and new LVP flooring provide a modern touch, allowing for a bright and welcoming atmosphere filled with natural sunlight. This well-equipped apartment comes complete with all appliances & has ocean chilled air conditioning for your comfort (all 3/AC were recently serviced). Enjoy the City and the Mountain view’s from your tropical living space and from the private balconies off of each bedroom and the living room. The Hilo Lagoon Centre is zoned for short-term vacation rentals (STVR), offering a fantastic investment opportunity—just remember to apply for the county approval! The condo also includes an assigned covered parking stall conveniently located just a few steps from the building. The Maintenance fee covers all utilities, 24/7 security, and the upkeep of the common areas (lobby, pool & landscaping), ensuring a hassle-free living experience. Don’t miss out on this incredible opportunity to embrace the beauty and convenience of Hilo living! “The property is sold as is”. Some photos have been digitally staged or enhanced.

Lifestyle & outdoors In Hilo

1 surf spot in this area

Honoli'i
Type: surfing
No park nearby

1 beach in this area

Unnamed beach

1 golf course in this area

Banyan Golf Course

Essentials in Hilo

Hospital is about 2 min drive
Supermarket is about 10 min walk
Airport is about 9 min drive
Farmers market is about 60 min drive
* distance is calculated by average per house. Some homes maybe closer to the essentials

Living in Hilo Hilo is a neighborhood in the South Hilo district of Big Island.

Supermarkets are about 10 min walk, the nearest Hospital is about 2 min drive and the airport is about 9 min drive.

Hilo is car dependent.

Nearby lifestyles include surfing and golf.

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