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332 Kauila St , 1-4

Hilo, HI 96720
  • $548,000
  • STATUS: Active Under Contract
  • ON SITE: 127 Days
  • MLS #: 718910
Under Contract
UPDATED: 26 min ago
$548,000
  • 2
    BEDS
  • 0.17
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,936
    SQFT
  • $111
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1933
Area:

School Ratings & Info

Description

This listing must be sold with MLS 719006 for a total of 6 units for $975,000Discover 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.

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© 2025 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawai‘i Life Real Estate Brokers. Data last updated: 2025-07-11T07:35:19.107.
www.hawaiiclient.com/homes/161148071
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332 Kauila St , 1-4 Hilo, HI 96720

  • Price: $548,000
  • Status: Active Under Contract
  • On Site: 127 Days
  • Updated: 26 min ago
  • MLS #: 718910
2
Beds
4
Baths
0
½ Baths
0.17
Acres
4,936
SQFT
$111
$/SQFT
1933
Built
Neighborhood:
Puueo
Area:
South Hilo
Property Description
This listing must be sold with MLS 719006 for a total of 6 units for $975,000Discover 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.
Exterior Features

Carport Area Units Square Feet Exterior Area Units Square Feet Garage Area Units Square Feet Parking Features Assigned Pool YN No Roofed Area Units Square Feet

Interior Features

Bathrooms One Quarter 0 Bathrooms Three Quarter 0 Levels One

Property Features

Association Fee 0 Association Fee Frequency Monthly Common Interest None Elevation Units Feet Flood Zone X In Use As Short Term Vacation Rental YN No Land Tenure Fee Simple Lava Zone 8 Listing Terms 1031 ExchangeCashConventional Lot Features Cleared Other Building Area Units Square Feet Ownership Full Property Sub Type Four Or More Units Roads CountyPaved Solid Waste Disposal Private Contractor Special Listing Conditions Fee SimpleStandard Structures YN Yes Tax Annual Amount 4140.63 Tax Key 326005007 Tax Year 2024 Total Monthly Fees 0 Utilities Electricity AvailableSewer Connected Waterfront YN No Zoning RM-1

Listing information © 2025 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of Redfin Corporation.


© 2025 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawai‘i Life Real Estate Brokers. Data last updated: 2025-07-11T07:35:19.107.
 
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Hanalei HI, 96714