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199 Kehaulani St Unit 3

Hilo, HI 96720

4 beds
2 baths
1,720 sqft
~1/2 acre lot
$520 per sqft
1989 build

PRICE REDUCTION! Attention Investors! Exceptionally Rare Income-generating opportunity. Property offers 3 separate buildings. •First home is currently rented. Lease expires 8/31/2025. •Second home recently upgraded and rent ready. •Third building is a large unfinished structure constructed as a house but permitted as storage shed. Well-maintained property offers exceptional potential for passive rental income. This rare investment is conveniently located in Hilo in close proximity to most amenities such as shopping, dining and schools. Buyers and buyers agent to perform due diligence regarding permits and all pertinent facts.

Listing courtesy of HISMLS / Century 21 Homefinders of Hawaii

Last checked: Checking… • Last updated Apr 19, 2025 •

MLS# 717758 —

The Building

Year Built:

1989
Unit Number:

3
Roofed Area Units:

Square Feet
Exterior Area Units:

Square Feet

Interior

Flooring:

Carpet
Living Area:

1,720 Sqft
Living Area Units:

Square Feet

Financial & Terms

Listing Terms:

Cash, Conventional
Ownership:

Full
Land Tenure:

Fee Simple

Location

Region:

South Hilo
Unparsed Address:

199 KEHAULANI ST, #3, HILO, HI 96720
Longitude:

-155.07334156
Latitude:

19.68907862

The Property

Property Type:

Residential Income
Property Sub Type:

Triplex
Zoning:

RS-15
Lot Features:

Cleared, Grassy
Lot Size Area:

22,200 Sqft
Parcel Number:

3240100460000
Roads:

County
Topography:

Gentle Slope
Elevation Units:

Feet
Flood Zone:

X
Lava Zone:

3
Waterfront:

false
Structures:

true
Agriculture Dedicated:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

$7,002.99
Tax Lot:

21

Beds

Bedrooms Total:

4

Baths

Bathrooms Full:

2
Bathrooms Total:

2
Bathrooms Total:

2

Utilities

Sewer:

Cesspool
Utilities:

Electricity Available
Solid Waste Disposal:

None

The Community

Subdivision Name:

Waiakea Homesteads
Association Fee Frequency:

Monthly
Pool:

false

Parking

Parking Features:

Attached
Garage Area Units:

Square Feet
Carport Area Units:

Square Feet

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
4/11/25 Apr 11, 2025	Listed / Active	HISMLS	$895,000

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This multifamily located in South Hilo, Hilo, HI 96720 is currently for sale for $895,000. 199 Kehaulani St Unit 3 is a 1,720 square foot multifamily with 4 beds and 2 baths. 199 Kehaulani St Unit 3 is in the South Hilo neighborhood of Hilo and has a WalkScore® of 48, making it car-dependent. This multifamily is in the attendance area of Waiakeawaena Elementary School, Waiakea Intermediate School, and Waiakea High School.

Listing Courtesy of: HISMLS and Century 21 Homefinders of Hawaii.

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