Attention Investors!<br>Exceptionally Rare Income-generating opportunity.<br>Property offers 3 separate buildings.<br><br>•First home is currently rented.<br>Lease expires 8/31/2025.<br><br>•Second home recently upgraded and rent ready.<br><br>•Third building is a large unfinished structure constructed as a house but permitted as storage shed.<br><br>Well-maintained property offers exceptional potential for passive rental income.<br>This rare investment is conveniently located in Hilo in close proximity to most amenities such as shopping, dining and schools.<br><br>Buyers and buyers agent to perform due diligence regarding permits and all pertinent facts.
For sale
Price cut: $100K (7/3)
$795,000
199 Kehaulani St #3, Hilo, HI 96720
4beds
1,720sqft
Est.:
Triplex
Built in 1989
-- sqft lot
$782,200 Zestimate®
$462/sqft
$-- HOA
What's special
- 196 days
- on Zillow |
- 354 |
- 10 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 03, 2025 at 05:34am
Listed by:
Alice A Wise 8089375517,
Century 21 Homefinders of Hawaii
Source: Hawaii Information Service,MLS#: 717758
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total structure area: 1,720
- Total interior livable area: 1,720 sqft
Property
Parking
- Parking features: Attached
Lot
- Size: 0.51 Acres
- Features: Cleared, Grassy
- Topography: Gentle Slope
Details
- Parcel number: 3240100460000
- Zoning: RS-15
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- Year built: 1989
Utilities & green energy
- Sewer: Cesspool
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: WAIAKEA HOMESTEADS
Location
- Region: Hilo
Financial & listing details
- Price per square foot: $462/sqft
- Tax assessed value: $630,900
- Annual tax amount: $7,002
- Date on market: 1/25/2025
- Listing terms: Cash,Conventional
- Ownership: Full
- Electric utility on property: Yes
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