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$365,000
9 Beds ⋅ 3 Baths ⋅ 202518347 MLS ⋅ FS - Fee Simple Tenure ⋅ 336 DOM
High-Cash-Flow Investment in Downtown Hilo –Now $495,500 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 $495,500 — 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

82 Hoku Street Unit D, Hilo
$350,000
5 Beds ⋅ 5 Baths ⋅ 202610333 MLS ⋅ LH - Leasehold Tenure ⋅ 50 DOM ⋅ Heights At Wailuna BLDG.
Enjoy the space and privacy of a detached 5-bedroom, 4.5-bath home in The Heights at Wailuna. With approximately 2,271 sq. ft. of interior living space, this home offers a flexible layout that includes a bedroom and full bath on the ground floor, multiple living areas, and a two-car garage. The generous floor plan provides ample room for multigenerational living, extended family, guests, remote work, or simply those seeking additional space to fit their lifestyle. Residents enjoy access to Wailuna community amenities including a pool, tennis courts, recreation areas, and walking paths, all within a convenient Pearl City location near shopping, dining, schools, parks, military installations, and freeway access. Leasehold property with lease through December 31, 2043. Opportunities to purchase a detached home of this size in desirable Wailuna at this price point are few and far between. Property sold As-Is.

98-1860-J Kaahumanu Street Unit 52, Pearl City
$350,000
3 Beds ⋅ 3 Baths ⋅ 202528229 MLS ⋅ LH - Leasehold Tenure ⋅ 217 DOM
Hawaiian Home Lands in Kaumana (Hilo). This is a leasehold property purchaser must be at least 50% Hawaiian.

101 Kilua Road, Hilo
$344,000
2 Beds ⋅ 2 Baths ⋅ 202525947 MLS ⋅ FS - Fee Simple Tenure ⋅ 238 DOM
Discover a rare opportunity to live and work in the heart of Pahoa Town! This versatile property on Pahoa Village Road is zoned Village Commercial, offering endless possibilities for rental income or personal use. With its prime location, the studio space is ideal for residential use, a doctor’s office, a massage school, a retail shop, a home office, or a creative studio — and so much more. The flexible zoning allows you to tailor the property to your vision, whether you’re seeking a business investment or a live/work lifestyle. Enjoy the convenience of a central location in Pahoa, with easy access to shops, restaurants, local eateries, and community amenities. Legal square footage and baths may differ from actual; buyer and buyer’s agent to conduct their due diligence and verify all property information.

15-2885 Pahoa Village Road, Pahoa
$330,000
2 Beds ⋅ 1 Baths ⋅ 202604539 MLS ⋅ FS - Fee Simple Tenure ⋅ 153 DOM
Detached single-family CPR home on a 5,000 sq. ft. lot with NO monthly maintenance fees. This self-managed 2-bedroom, 1-bath residence is perfect for first-time buyers or investors. Potential is everywhere—bring your vision! Note: Bed count and sq. footage do not match tax records. Buyer/Buyer’s Agent to conduct due diligence to verify all material information. Investor Opportunity: There are 4 additional single-family residences with 2 bedroom/1 bath (tenant occupied) plus a vacant lot currently listed in the MLS For Sale in the immediate area; a dream scenario for a savvy investor looking to acquire multiple assets or a larger project footprint

87-155 Kakalena Street Unit 3, Waianae
$315,000
3 Beds ⋅ 1 Baths ⋅ 202610629 MLS ⋅ FS - Fee Simple Tenure ⋅ 56 DOM
Welcome home to Hawaiian Parks Subdivision, where you'll enjoy private water, overhead electricity, mail delivery, and ocean cliffs just a short 3-minute drive away. Conveniently located only 10 minutes from the Puna Kai Shopping Center with restaurants, grocery shopping, gas stations, and entertainment nearby. This beautifully remodeled home has been updated from top to bottom. From the popcorn ceiling being removed to the new flooring in the living room, kitchen and primary bedroom. Pride of ownership shines in every detail. The open-concept kitchen is perfect for entertaining, cooking and gathering with family and friends. Just off the kitchen, you'll find a covered lanai ideal for barbecuing, relaxing, or enjoying your morning coffee. the owner, an epoxy artist has incorporated custom artistic touches throughout the home, including unique countertops and beautifully finished shower. The Primary suite features its own private bathroom for added comfort and convenience. Outside, the fully fenced yard is a tropical paradise filled with producing lilikoi, papaya, mountain apple, avocado, lemon, lime, macadamia nut trees, and so much more.

15-303 Puni Makai Loop Unit N, Pahoa
$299,999
3 Beds ⋅ 2 Baths ⋅ 202525805 MLS ⋅ FS - Fee Simple Tenure ⋅ 253 DOM
Hawaiian Shores is one of the rare neighborhoods in Puna District with the conveniences of paved roads, mail delivery and private water company (versus catchment). This pleasant community has a sweet ocean park at the end of Kahakai Street and there's a handy convenience store just down the street. You'll love living in this comfortable modern, 3 bedroom, 2 full bath home with high ceilings and open kitchen and living areas. Stainless steel appliances and gas range. Quartz kitchen and bathroom countertops. Wood laminate and ceramic tile floors with custom tiled showers and tubs. Ceiling fan in every bedroom. Enclosed garage includes a storage room, efficient tankless on demand water heater, utility sink and washer dryer hookups. The extra sized, almost 18,000sf lot goes from Kala St to Kahala St, so no neighbor behind. The home was built on a small hill so it can catch the tradewinds. So many possibilities with the large lot...add fruit trees, a garden and more. Oversized lot with frontage on 2 streets is well suited for adding an ADU with plenty of space in between. Consider the potential for multigenerational living, rental income or hosted vacation rental. So many possibilities!

15-2761 Kala Street, Pahoa
$298,500
3 Beds ⋅ 2 Baths ⋅ 202604087 MLS ⋅ FS - Fee Simple Tenure ⋅ 84 DOM
Welcome home to the serene coastal community of Hawaiian Beaches, where island living meets everyday convenience. Tucked away on a quiet street just 1.5 miles from Waiakahiula Beach Park, this partially furnished & renovated 3-bedroom, 2-bath residence offers comfort, privacy, & coastal charm. A Hawaiian rock wall with gated entry surrounds much of the property, creating a peaceful retreat with mature landscaping. The grounds feature fruit trees and fragrant plants including mango, cacao, coffee, jasmine, & puakenikeni--bringing the sights and scents of Hawai'i right to your doorstep. Energy-efficient ceramic window tint installed throughout helps reduce heat, improve comfort, and lower electricity costs. Enjoy the ease of island living with home mail delivery, food delivery, and close proximity to parks, shopping, and paved roads. Whether you're seeking a full-time residence or tranquil island escape, this inviting property offers a lifestyle you'll love to come home to. Home to be sold "As-Is."

15-2689 Maikoiko Street, Pahoa
$265,000
4 Beds ⋅ 2 Baths ⋅ 202525524 MLS ⋅ FS - Fee Simple Tenure ⋅ 255 DOM
MOUNTAIN VIEW- 4/2bath, ALOHA ESTATES; 18-4069 MAUNAKEA DR. Mountain View, Hawaii 96771 A 4br/2bath stand-alone, single family house on a large green lot with top Soil for gardening, fruit trees, and has beautiful tall pine trees!! FOR SALE – $325,000./terms- or $265,000/cash; *Note 2 of the bedrooms are normal size and two are smaller and could be used for kids bedrooms or storage,etc. * Has a fence and locked gate in front of property, concrete driveway. * frontage and left side is fenced. right side is in forest. * It has covered front and rear decks., * front and back yard. Large lot! * Topsoil to grow vegetables,taro, fruit trees,flowers, herbs. * Beautiful Tall pine trees. * Up Volcano Rd/Hwy.11; Belt Highway; turn right on Maunakea Drive * 2 car LARGE Carport,concrete floor. * New roofing, New paint job, new, large carport, brand new windows, and NEW vinyl plank laminate flooring house just renovated, good condition. * Mountain View Charter schools, * Near Mountain View Village Elementary School, Gas, stores, * Near the Hele On Busline. * Great location! Great for kids! Only 16.5 miles to Hilo. * Front has new fencing.

18-4069 Mauna Kea Drive, Mountain View
$250,000
3 Beds ⋅ 1 Baths ⋅ 202610945 MLS ⋅ FS - Fee Simple Tenure ⋅ 54 DOM
Rare opportunity in the desirable Hamakua neighborhood. This property offers strong potential for renovation or a new custom home in a location that is not often available. The home is in fair condition and require substantial work, making an ideal opportunity for buyers seeking a project with vision. Conveniently located near the scenic attractions, natural beauty, and outdoor lifestyle of Hawaii Island's Hamakua Coast.

46-4162 Honokaa Waipio Road, Honokaa
$245,000
2 Beds ⋅ 1 Baths ⋅ 202614355 MLS ⋅ FS - Fee Simple Tenure ⋅ 3 DOM
Discover a truly unique opportunity just minutes from the heart of Pahoa! This thoughtfully designed 430 sq. ft. CastleBlock home offers comfortable off-grid living without sacrificing modern conveniences. The property is equipped with a photovoltaic solar system and battery backup, water catchment with pump and filtration system, and a septic wastewater system, providing self-sufficient living in a highly desirable location. Inside, you'll find a full kitchen complete with a refrigerator, gas range and oven, plus mounted TVs that are included with the home. Enjoy outdoor living from the covered lanai, along with the convenience of a single-car carport and utility shed for additional storage. Whether you're looking for a primary residence, weekend retreat, or sustainable island getaway, this property offers exceptional versatility. Enjoy the rare combination of privacy and independence while being within walking distance of Pahoa Town, where you'll find restaurants, shopping, farmers markets, and other everyday conveniences.

15-1709 Akeakamai Loop, Pahoa
$228,000
1 Beds ⋅ 1 Baths ⋅ 202528482 MLS ⋅ FS - Fee Simple Tenure ⋅ 205 DOM
Fall in love with this charming one bedroom, one bath, one parking home located in the lovely Kalapana Seaview Estates. Offering a blend of comfort and island living, the home features spacious living areas and ceramic tile flooring throughout. Enjoy your own tropical paradise with landscaping filled with a variety of flowers and fruit trees including avocado, mango, coconut, lemon, and more. Located minutes from the coast, the home offers relaxed island living zoned A-3A.

12-7005 Hoeunalu Street, Pahoa
$225,000
1 Beds ⋅ 1 Baths ⋅ 202605652 MLS ⋅ FS - Fee Simple Tenure ⋅ 137 DOM
Cottage-style home on approximately ¼ acre in a forested setting in the Volcano area of Hawai‘i Island, located near Hawai‘i Volcanoes National Park with convenient access to Highway 11 and the Hilo district. The property sits a short distance off the paved road and includes grid-tied electricity and WIFI. Built in 2012, the home offers over 640 square feet under roof with a functional layout designed to maximize natural light and indoor-outdoor living. Oversized windows bring in abundant daylight, and the home is being offered turn-key with furnishings included, making it ready for immediate use. The kitchen area includes a full-size range and refrigerator, and the home is equipped with washer and dryer, a UV water filtration system, and on-demand water heater. A window air-conditioning unit provides additional climate comfort. Flexible living spaces include an enclosed indoor patio and additional office / studio (currently utilized as second bedroom) area, along with an open-air outdoor patio and exterior storage closet. The property also includes installed security cameras. Located near the Volcano community on the Big Island of Hawai‘i.

18-2274 LAULEA Road, Volcano
$200,000
3 Beds ⋅ 2 Baths ⋅ 202606069 MLS ⋅ LH - Leasehold Tenure ⋅ 128 DOM
This is a Hawaiian Homestead DHHL Land and must qualify for DHHL Homestead. Must be Native Hawaiian to purchase. Located in the heart of Keaukaha, this Hawaiian Homestead property is truly a hidden gem. Known for its strongsense of community and close proximity to the ocean, Keaukaha is one of Hilo’s most special and sought-afterneighborhoods. Just minutes from the beach and only 15 minutes to downtown Hilo, the location offers the best ofisland living. This 3-bedroom, 2-bathroom home offers a generous layout with plenty of room to grow. While thecondition is below average and will require renovation, it's a great opportunity for someone looking to restore orreimagine a property in a prime location. With some vision and effort, this could be your perfect slice of Keaukahaparadise. Buyer must be on the Hawaiian Homes List with the Department of Hawaiian Homelands.

236 Lyman Avenue, Hilo
$199,000
3 Beds ⋅ 2 Baths ⋅ 202525071 MLS ⋅ FS - Fee Simple Tenure ⋅ 263 DOM
Tiki Gardens Home — 16-1998 Tiki Road — $199,000 A wonderful opportunity to own a home with massive potential in the peaceful Tiki Gardens subdivision! Offered "as-is" for $199,000, this 3-bedroom, 2-bathroom property is a true handyman’s dream and the perfect project for an investor or buyer looking to build immediate value. Built in 2006, the home sits on an 8,100 sq. ft. lot and offers 1,224 sq. ft. of living space. With a highly functional layout and solid double-wall construction, the bones are here—it just needs your vision, tools, and TLC to bring it back to life. Property Details: Price: $199,000 Bedrooms/Bathrooms: 3 beds, 2 baths Living Area: 1,224 sq. ft. Year Built: 2006 Lot Size: 8,100 sq. ft. (Approx. 0.185 acres) Parcel # (TMK): 3-1-6-040-078 Location: Tiki Gardens, a quiet residential neighborhood on the Big Island Don't miss out on this opportunity to own a home on the Big Island and truly make it your own! All comments, data is provided by seller or seller's representatives. Buyer to confirm all & hold all parties harmless from any discrepancy data in the mls and advertising.

16-1998 Tiki Road, Pahoa
$170,000
4 Beds ⋅ 2 Baths ⋅ 202611078 MLS ⋅ LH - Leasehold Tenure ⋅ 51 DOM ⋅ Ulu Wehi BLDG.
Great First-Time Homebuyer Opportunity! Become a homeowner today! This beautifully maintained LEASEHOLD property is priced well below market value—an incredible opportunity you don’t want to miss. Featuring the desirable single-level layout with carport, 4 bedrooms, and 1.5 bathrooms, this home offers comfortable and spacious living at an affordable price point. With the option to extend the current lease through 2055, and eligibility for Conventional, VA, FHA, and USDA financing, this home provides flexibility for a wide range of buyers. Recently renovated in 2023, it’s move-in ready—no need to leave the island to find value like this! Conveniently located near schools, shopping, dining, and just minutes from stunning Westside beaches, this home combines lifestyle and value. Schedule a showing today!

85-260 Ala Hema Street Unit D, Waianae
$105,000
3 Beds ⋅ 2 Baths ⋅ 202614250 MLS ⋅ FS - Fee Simple Tenure ⋅ 7 DOM
Here's your opportunity to start fresh and build all new from the ground up! Bring your contractor and ideas and build something custom just for you! Located in Makaha, just minutes from beautiful beaches, tucked away from the main highway, you can really just get away from it all. Enjoy casual picnics on the beach at sunset or drive down the road to eat at a local restaurant, like Da Brazilian Braddahs, Surf & Sprout, Coquito's, Pokai Bay Restaurant, The Beach House by 604, and more! Or if you're on the go, grab a quick bite from KFC, Taco Bell, or McDonald's. With multiple shopping centers along Farrington Highway, you're never far from what you need. *Due to the condition, the property may have health/safety risk(s). Prior to entry / access, all parties must sign a Hold Harmless Agreement and the property may only be shown by appointment*

84-573 Kepue Street, Waianae
$100,200
3 Beds ⋅ 1 Baths ⋅ 202614112 MLS ⋅ LH - Leasehold Tenure ⋅ 6 DOM
LEASEHOLD PROPERTY. 3-bedroom, 1 bath, 952 square foot single family residence on 3,720 square foot lot in Wai’anae. Home is in walking distance to Wai’anae Boat Harbor, public library, Wai’anae Mall, Planet Fitness, Puukamailenu hike and Pokai Bay Beach Park. This is a leasehold property with the lease expiring June 2030. Make it your own. Jump on this great deal before its gone! All buyers are responsible to confirm City, County, Zoning, Tax, and other records to their satisfaction before bidding. No inspection contingencies in contract. Absolutely no repairs before closing. This property is sold As-Is. This is a REO auction property. Employees or directors of JPMorgan Chase & Co. and its direct and indirect subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned or serviced by or on behalf of JPMorgan Chase & Co. or its direct and indirect subsidiaries.

85-153 Ala Walua Street Unit D, Waianae

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.