Login

82 Hoku Street #D, Hilo, HI 96720

Local realty services provided by:CENTURY 21 Island Homes
82 Hoku Street #D,Hilo, HI 96720
$535,000
  • 9 Beds
  • 3 Baths
  • 3,900 sq. ft.
  • Single family
  • Active
Listed by: nathalie c mullinix(808) 261-0350
Office: nathalie mullinix r. u., inc.
MLS#:202518347
Source:HI_HBR

Price summary

  • Price:$535,000
  • Price per sq. ft.:$137.18

About this home

High-Cash-Flow Investment in Downtown Hilo –Now $535,000 Hoku Street,Hilo,HI 96720 This Downtown Hilo property offers strong income and even higher potential through room-by-room rentals. Homes rented by the room typically earn significantly more monthly income, provide more stable cash flow, and generate higher long-term returns.With 9 rentable rooms,3 bathrooms,and 2 full kitchens(upstairs and downstairs),the property is already producing solid revenue and can be improved further. Income & ROI: • Current gross income: $70,000–$80,000+ per year • At $535,000 — gross ROI of 13.1% at $70K/year or 15% at $80K/year • Opportunity to increase ROI through optimized room-by-room rentals • Additional tax benefits from depreciation and write-offs • Multi-tenant setup reduces vacancy risk and enhances income stability Why Room-by-Room Works Well Here: • Higher total income than whole-house rentals • Strong demand from students, workers, and medical professionals • Ideal for investors

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1945
  • Listing ID #:202518347
  • Added:123 day(s) ago
  • Updated:December 17, 2025 at 04:11 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:3,900 sq. ft.

Structure and exterior

  • Year built:1945
  • Building area:3,900 sq. ft.
  • Lot area:0.1 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$535,000
  • Price per sq. ft.:$137.18
  • Tax amount:$3,468
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on December 17, 2025. Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.

New listings near 82 Hoku Street #D