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$275,000
2 Beds 1 Baths 728545 MLS ['Fee Simple'] Tenure Hilo Terrace BLDG.
Check out this thoughtfully and tastefully renovated unit at Hilo Terrace! Being sold furnished, this 2-bedroom, 1-bath condo is move-in ready and located in the highly desirable Building K, where units are larger than those found in the other buildings within the complex. Recent upgrades include a fresh coat of paint, new flooring throughout, ceiling fans added in the bedrooms, updated bathroom fixtures, and a completely remodeled kitchen that has been reconfigured for both style and functionality. It's no wonder it is booked often as a Short-Term Vacation Rental (STVR) - visitors love staying at Hale Maile! Enjoy the convenience of being just steps from the community pool, laundry facilities, and mailboxes. On clear Hilo days, you’ll also appreciate stunning views of Mauna Kea. Ideally located within walking distance to downtown, the property is close to the hospital, schools, post office, parks, and the popular Hilo Farmers Market. The monthly maintenance fee covers common area electricity, gas, water, and upkeep of the shared grounds. Individual electricity usage and trash service are billed separately.

485 Waianuenue Ave Unit K248, HILO

Listing courtesy of Hokulani Realty LLC.

$395,000
2 Beds 2 Baths 728012 MLS ['Fee Simple'] Tenure Bayshore Towers BLDG.
A place to dream. A front-row seat to nature’s daily show. From what feels like eye level above the bay, watch whales breach in season, sparkling water year round, cruise ships pass gracefully, and the moon and sun rise over Hilo Bay in breathtaking fashion. This is oceanfront living at its finest. Located within walking distance to charming downtown Hilo, you’re just moments from the world-famous Hilo Farmers Market, local restaurants, the historic Hilo Public Library, and the scenic waterfront of Hilo Bay. Leave the car at home and enjoy the lifestyle. This corner 2-bedroom, 2-bath residence has been thoughtfully updated with Corian countertops, tile flooring, newer carpet, and additional improvements that create a comfortable, move-in-ready space. Large windows frame the ocean views, bringing natural light and the rhythm of the sea indoors. As one of the most affordable oceanfront opportunities in East Hawai‘i, Bayshore Towers offers amenities not found in other condominium communities. The recently upgraded, laundry facility is convenient and modern. A well-equipped fitness center and sauna provide the perfect way to unwind after a workout. Outdoors, a large oceanside swimming pool invites relaxation, while the meeting room, library, and community kitchen add both function and flexibility for gatherings and events. Even better, the HOA fee includes basic cable, electricity, water, wastewater, trash service, and common area maintenance simplifying ownership and adding exceptional value. Bayshore Towers is well-maintained with a resident manager keeping a watchful eye every day. It has long been one of Hilo’s most sought-after oceanfront condominiums, and Unit 303 captures the very best of what it offers: views, location, amenities, and affordability. Oceanfront. Walkable. Move-in ready. Unit 303 truly is as good as it gets! Most furniture can be included at no value. Again, HOA covers water, electricity, sewer, trash, common area mait and basic cable.

84 Bayshore Towers Unit 303, HILO

Listing courtesy of Real Broker.

$259,000
2 Beds 1 Baths 727553 MLS ['Fee Simple'] Tenure Hilo Terrace BLDG.
Arguably the nicest unit in the entire complex. If you're looking for a move in ready unit with a great central location in Hilo, look no further. This unit has been totally remodeled with redone walls and ceilings, new laminate flooring, new wiring, plumbing and light fixtures. The Kitchen features all new soft close cabinets, solid surface Quartzite countertops and all new stainless steel appliances. The bathroom has also been redone with brand new vanity, lighting and tub/shower. This incredible unit also comes fully furnished so whether you're looking for a move in ready home or investment property, this is as turnkey as they come! Amenities also include guest parking, swimming pool, secure mailboxes and on site laundary facilities. Monthly Maintenance fees include reserve fee, trash service, water, sewer, ground maintenance. Owners are responsible for their own prorated share of electricity cost.

485 Waianuenue Ave Unit 233, HILO

Listing courtesy of Coldwell Banker Island Properties - Hilo.

$350,000
3 Beds 2 Baths 727269 MLS ['Fee Simple'] Tenure Wailuku Park Townhouses BLDG.
Charming 2-story residence nestled in the heart of Hilo, HI. Townhouse with 3BR/1.5BA. For comfort and convenience, the property boasts a private washer/dryer, kitchen with oven/range and microwave and separate entrance door plus an outstanding private lanai area overlooking Wailuku River with front entrance door. Enjoy the natural surroundings, but, this location has easy to access local amenities and attractions like downtown Hilo shopping and dining, Hilo Library and the post office. It's also close Hilo Benioff Medical Center. Includes one assigned parking stall (guest parking first-come first serve). On site Resident Manager. Member of a homeowner's Association. Experience the best of Hilo living at Wailuku Park Townhouses.

188 Hale St Unit 3B, HILO

Listing courtesy of Day Lum Hawai'i LLC.

$395,000
725389 MLS ['Fee Simple'] Tenure
Nestled near the top of Kaiwiki Road in beautiful Kaiwki Homesteads, this property offers peace, privacy, and the rare opportunity to develop your own dream forest retreat in East Hawaii's most sought after location. Surrounded on three sides by protected native forest Kaiwiki Homesteads offers unappareled beauty, sweeping coastal and forest views accessed by a County of Hawaii bridge and road. Located at the end of Kaiwiki Road with no-through access this property, with its potential for solar, hydroelectric and wind energy generation, deep rich soil and year-round spring fed stream offers the perfect setting for your off grid sustainable rural lifestyle. The almost 20-acre parcel has conservation resource subzone designation which allows for, after a permitting process, the construction of a single-family home and out buildings as well as the clearing of land for gardening and orchards. This zoning, which means your neighbors cannot subdivide and over develop the area, coupled with the area being surrounded by state forest reserve, ensures that your off-grid forest paradise will remain pristine, quiet and rural forever. (Buyer will verify all intended uses with DLNR) Located on the slopes of Mauna Kea just 15 minutes from Hilo's historic downtown and East Hawaii's premier surfing beach Honolii, this property offers the best of both worlds: peaceful forest setting minutes from beaches, shopping and health care facilities. Do not miss out on this opportunity to live your Big Island dream.

Kaiwiki Rd, HILO

Listing courtesy of Coldwell Banker Island Properties - Hilo.

$260,000
1 Beds 1 Baths 725692 MLS ['Fee Simple'] Tenure Waiakea Villas BLDG.
Welcome to Waiakea Villas — an apartment complex in the heart of Hilo, set among beautifully landscaped tropical grounds and peaceful waterways. This well-maintained 1-bedroom, 1-bath condo, with soaring cathedral ceilings, offers comfortable living with a spacious layout and excellent natural light throughout. The open living area flows nicely into the kitchen and dining space, creating a warm and inviting atmosphere. Large windows bring in views of palm trees and the surrounding greenery, giving the unit a private and tranquil feel. The bedroom is generously sized, with plenty of space for a king- or queen-sized bed and additional furniture. The full bath is clean and functional, with easy access from the hallway. Enjoy relaxing on your covered lanai overlooking the tropical landscaping — an ideal spot for morning coffee or winding down in the evening. The complex features a swimming pool, on-site laundry facilities, and beautifully maintained walkways surrounded by mature palms and koi ponds. Conveniently located near the University of Hawaiʻi at Hilo, shopping, restaurants, parks, and Hilo’s main commercial district, Waiakea Villas offers a peaceful retreat with excellent accessibility. This fee simple unit is perfect for first-time buyers, investors, or anyone looking for a low-maintenance property in a great location. A wonderful opportunity to own in one of Hilo’s most established condominium communities.

400 Hualani St Unit 3220, HILO

Listing courtesy of Hilo Brokers Ltd.

$340,000
3 Beds 3 Baths 725524 MLS ['Fee Simple'] Tenure
Located in the heart of Hilo Town, this unique and charming artist’s residence is ready for new owners to bring it back to its full potential. Downstairs, you are greeted by a light filled corner room with three custom bay windows and built-in book shelves. Abundant light and privacy make this the perfect spot for a home office or reading room. Down the hallway, you will find a full bath, two bedrooms, and an additional adjoining full bath. A beautifully crafted stairway with built-in library leads you to the bright and open upstairs living area and kitchen. Natural light filters through clerestory windows, highlighting the tall ceilings and unique architectural features. Expansive views stretch over neighboring Wailoa River State Park. The upstairs area includes two additional rooms and a half bath. Outside, mature fruit trees include citrus, soursop, starfruit, and more. Home has significant deferred maintenance, Pre-Listing Home Inspection Report available upon request.

37 Mehau Ln, HILO

Listing courtesy of Iokua Real Estate.

$399,000
3 Beds 1 Baths 725022 MLS ['Fee Simple'] Tenure
BACK UP OFFERS ACCEPTED! Tucked away on a large, quiet flag lot, this vintage Hilo residence, built in the 1920s, offers classic island charm and plenty of potential. Situated on a 16,912 sq. ft. lot, just minutes from UH Hilo, schools, shops, cafés, and historic Bayfront, this location blends privacy with convenience. With RS-10 zoning and the new Bill 123, buyers are encouraged to investigate the possibility of adding an Accessory Dwelling Unit (ADU) or expanding the existing structure. Buyer to confirm zoning, setbacks, and utility/infrastructure eligibility with the County. A rare opportunity to own a piece of old Hilo with room to grow — ideal for those looking for rental income, customize, renovate, or create multi-unit living in one of the area’s most desirable neighborhoods. The long-term tenant is reliable, treats the home with care, and would like to stay on! Please do not drive by. All showings to be accompanied by a REALTOR®.

2669 Kilauea Ave, HILO

Listing courtesy of Coldwell Banker Island Properties - Hilo.

$290,030
5 Beds 2 Baths 723970 MLS ['Fee Simple'] Tenure
Nice opportunity for a rehab property in Hilo town. The property was renovated before the fire damage. Fire and water damaged areas were cleaned out. The house is within walking distance to Waiakeawaena elementary school, Andrew's gym, and is located conveniently near shopping, banking, restaurant, etc. County permitted square footage is 1556. Three bedrooms with one bath upstairs and three bedrooms with one bathroom downstairs. Ground termite treatment completed in 2022. Roofing and cement siding conditions are great. Fruit producing mango and avocado trees on site. The lot is 15,000 sf with plenty of parking spaces. Located on a cul-de-sac so the property is limited to through traffic. Buyer and Buyer's agent to their own due diligence. NO CONTINGENCIS-AS-IS please add addendum. Please do a drive-by and look in windows before scheduling an appointment to view inside. The house is boarded up and easily viewed from the outside. Fire and Water damage.

89-A Kawailani St, HILO

Listing courtesy of Big Island Properties.

$435,000
3 Beds 1 Baths 723760 MLS ['Fee Simple'] Tenure
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 one of two side-by-side lots, both zoned Duplex/Double-family (RD-3.75), offering flexibility and options. Both parcels included in the listing price. 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.

54 Derby Ln, HILO

Listing courtesy of Property Professionals Hawaii LLC..

$365,000
9 Beds 3 Baths 723448 MLS ['Fee Simple'] Tenure
High-Cash-Flow Investment in Downtown Hilo –Now $395,000 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 $395,000 — 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 seeking high NOI and rent per square foot • Flexible layout suited for shared housing, workforce rentals, or multi-family use Property Details: • 9 total rooms • 3 bathrooms • 2 full kitchens • Flexible layout for shared housing or rentals • Potential to raise rental value with updates Prime Downtown Hilo Location — walking distance to major employers, hospitals, colleges, stores, restaurants, beaches, parks, and public transportation. High rental demand and rare availability in this area.

82-D Hoku St, HILO

Listing courtesy of Nathalie Mullinix Realty Universal, Inc..

$479,000
2 Beds 2 Baths 722523 MLS ['Fee Simple'] Tenure Hale Moana Apartments BLDG.
Enjoy island lifestyle in this ideally located 4th floor end unit 2 bedroom 2 bath condo in Keaukaha. Being an end unit enhances your privacy and quiet enjoyment. A short stroll from iconic Carlsmith Beach Park and the beloved Seaside Restaurant. Be greeted by the beauty of emerald green, lush fauna from your spacious lanai, perfect for relaxing or entertaining. While the Seller has remodeled many features in the unit including kitchen and baths over their ownership there is always more to do or update. Primary bath hosts grab bars in the shower. There may be some other ADA features but unit is not 100% ADA compliant, please do your own research if these are important aspects of a property for you. Maintenance fees include gas, electricity & water along with basic cable. The trees in front of building are on state land that runs in between the Hale Moana and the pacific ocean. There is a small hand cleared trail for ease of access to walk to the tidal ponds that dot the coastline. The swimming pool offers a restroom and changing area for your enjoyment. Currently the only unit offered for sale in the prestigious Hale Moana. Don't miss this opportunity! You will thank yourself as you enjoy the peaceful, private location, cooling tradewinds with abundant natural light. This home offers true comfort in one of Hawaii Islands most sought-after coastal neighborhoods.

1911 Kalanianaole St Unit 401, HILO

Listing courtesy of Mary Begier Realty.

$450,000
2 Beds 3 Baths 669256 MLS ['Fee Simple'] Tenure
Fixer. Handicap Accessible Acorn stairlift to the second floor. Seller motivated. Cute 2 bed 2.5 bath home on large lot over a quarter acre, off an attractive paved circle road, with HELCO power and County water, in nice area of Hilo minutes to Prince Kuhio shopping Center, Puainako Center, Walmart, Target, Home Depot, Hilo Airport, Hilo Municipal Golf Course, Beach Parks, University of Hawaii at Hilo, and much more. Seller says this Home is a Hurricane Resistant Deltec Home and that when his family built the house in 1992 his father carefully chose the biggest, highest and best lot in the subdivision with the best views. Great convenient location just off main Highway. Bring your vision and upgrade this diamond in the rough. There are mature and young fruit trees in the yard, including naval orange, apple banana, Meyer lemon, tangerine, jabong (large aromatic citrus), Chatwell Avocado, Tahitian coconut, Passion Fruit aka Lilikoi as well as garden vegetables, berries and flowers. Per Seller approx 1,200 sqft open concrete slab under house is partially enclosed with a possibly unpermitted wall, storage area, and studio "unit" with separate entrance & toilet/shower. Seller states this home is constructed of Southern yellow pine and Cedar with an asphalt shingle roof that is ready to be replaced. With some TLC this might just be your ideal Big Island home in paradise. Distressed Property. Pre Foreclosure. Use Distressed Property Addendum.

126 Kinai Pl, HILO

Listing courtesy of Sherrill A Erickson dba HALE 414.