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347 Iliahi St

Hilo, HI 96720

15 beds
5 baths
4,866 sqft
12,543 sqft lot
$143 per sqft
1918 build

Fully functioning 15 unit multi-family building just a few minutes from downtown Hilo. This permitted three-story building was converted from a single-family residence to a 15 unit congregate dwelling with three and a half bathrooms and three full kitchens to service each floor. The lower level consists of six units renting for $350/month. The second level consist of five units renting for $400/month. Lastly, the third floor consist of four units also renting for $400/month. The community of tenants are required to follow a set of house rules, and “good neighbor” principles guided by the mutual respect and trust of their fellow tenants. Such a methodology has been the cornerstone for the continued success of this prosperous multifamily rental business. Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.

Listing courtesy of HISMLS / Better Homes and Gardens Real Estate Hank Correa Realty

Last checked: Checking… • Last updated Apr 17, 2025 •

MLS# 705740 —

The Building

Year Built:

1918
Roofed Area Units:

Square Feet
Exterior Area Units:

Square Feet
Security Features:

CO2 Detection, Smoke Detector(s)

Interior

Interior Features:

High Ceilings
Levels:

Two
Living Area:

4,866 Sqft
Living Area Units:

Square Feet

Financial & Terms

Listing Terms:

Cash, Conventional
Ownership:

Full
Land Tenure:

Fee Simple

Location

Region:

South Hilo
Unparsed Address:

347 ILIAHI ST, HILO, HI 96720
Longitude:

-155.0910032
Latitude:

19.72914181

The Property

Property Type:

Residential Income
Property Sub Type:

Four Or More Units
Zoning:

RM-1
Lot Features:

Grassy
Lot Size Area:

12,543 Sqft
Parcel Number:

3260030170000
Roads:

County
Road Frontage Type:

Road/Street
Topography:

Steep Slope
Fencing:

Chain Link
Elevation Units:

Feet
Frontage Type:

Stream/Canal
Flood Zone:

X
Lava Zone:

8
Waterfront:

false
View:

Mountain(s), Sunset
Structures:

true
Agriculture Dedicated:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$7,180.59

Beds

Bedrooms Total:

15

Baths

Bathrooms Full:

3
Bathrooms Half:

2
Bathrooms Total:

3
Bathrooms Total:

5

Utilities

Utilities:

Cable Available, Electricity Available, Sewer Not Available
Internet Access:

Cable
Solid Waste Disposal:

Private Contractor

The Community

Subdivision Name:

Puueo Lots
Association Fee Frequency:

Monthly
Community Features:

Community Kitchen
Pool:

false

Parking

Parking Features:

Other
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	$699,000

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This multifamily located in South Hilo, Hilo, HI 96720 is currently for sale for $699,000. 347 Iliahi St is a 4,866 square foot multifamily with 15 beds and 5 baths. 347 Iliahi St is in the South Hilo neighborhood of Hilo and has a WalkScore® of 68, making it somewhat walkable. This multifamily is in the attendance area of Hilo Union Elementary School, Hilo High School, and Hilo Intermediate School.

Listing Courtesy of: HISMLS and Better Homes and Gardens Real Estate Hank Correa Realty.

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