Great opportunity for investor to own this 2 unit property that backs up to Mamalahoa Hwy.
2-Unit Classic House for Sale in Hilo, Hawaii
This charming house is located close to downtown Hilo. It is just a short walk to restaurants, shops, and other amenities.
Downstairs unit is a 2 bedroom/1 bath with large spacious bedrooms and nice size living room. Upstairs is a 3 bedroom/ 1 bath with large open living room and nice views from back door.
Both units have wood accents throughout the house. The floors are made of hardwood, and the walls are decorated with wood paneling.
Amenities: The house also has a large backyard.There is also a carport for two cars.
This property is perfect for people looking for a multi-unit investment property. It is also a great option for those looking to live close to downtown Hilo.
Sold for $400,000 on 12/15/23
$400,000
315 Olu St, Hilo, HI 96720
5beds
1,664sqft
Duplex
Built in 1968
-- sqft lot
$537,300 Zestimate®
$240/sqft
$2,068 Estimated rent
Home value
$537,300
$494,000 - $586,000
$2,068/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 18, 2024 at 09:03am
Listed by:
Dusty Hintson 8083006711,
Hilo Bay Realty LLC
Bought with:
Denise S. Nakanishi, RB-17031
Hawaii Life
Source: Hawaii Information Service,MLS#: 703867
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total structure area: 1,664
- Total interior livable area: 1,664 sqft
Property
Parking
- Parking features: Attached, Covered
Lot
- Size: 9,889 sqft
Details
- Parcel number: 3220421300000
- Zoning: RS-10
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- Year built: 1968
Utilities & green energy
- Sewer: Cesspool
- Utilities for property: Electricity Available
Community & neighborhood
Location
- Region: Hilo
- Subdivision: HALE PUA SUBDIVISION
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Full
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/15/2023 | Sold | $400,000-11.1%$240/sqft |
Source:  Hawaii Information Service #703867 | ||
| 8/19/2023 | Listed for sale | $450,000$270/sqft |
Source: Hawaii Information Service #703867 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $453,100 +16.7% |
| 2024 | $4,310 -2.9% | $388,300 -2.9% |
| 2023 | $4,441 | $400,100 |
Find assessor info on the county website
Neighborhood: 96720
Nearby schools
GreatSchools rating
- 8/10Waiakeawaena Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 6/10Waiakea Intermediate SchoolGrades: 6-8Distance: 1.2 mi
- 9/10Waiakea High SchoolGrades: 9-12Distance: 1.4 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$537,300
2% more+ $10,746
With Zillow Showcase(estimated)
$548,046