54 Derby Ln, Hilo, HI 96720

This charming Hilo residence stands proudly in the heart of town, quietly nestled near the historic bayfront and just minutes from the Hilo Farmer's Market, UH Hilo, shops, cafes, and schools. The 3-bedroom, 1-bath home sits on two side-by-side lots, both zoned Duplex/Double-family (RD-3.75), offering flexibility and options. This rare in-town opportunity is ideal for those looking to customize a property with potential for a variety of residential uses. Enjoy the lush Hilo climate and the convenience of nearby parks, beaches, and essential services all in an established neighborhood. Listing must be sold with parcel -047.