This listing must be sold with MLS 719006 for a total of 6 units for $975,000 Discover this exceptional 4-plex located just a short stroll from Downtown Hilo, where convenience meets charm. Ideal for both investors and multi-generational families, this property offers a range of possibilities with its four distinct units, each featuring private entries, individual kitchens and bathrooms, and dedicated parking stalls. Key Features: Prime Location: Walking distance to Downtown Hilo, grocery stores, and a variety of restaurants. Enjoy the vibrant local community and amenities just moments away. Income Potential: Two of the four units are currently rented, providing immediate rental income. Unit 1 and 2 tenant occupied on a month-to-month lease. Unit 3 and 4 are vacant. Flexible Use: Whether you’re looking to live in one unit while renting out the others, use the property for short-term rentals, or accommodate family members in close proximity, this 4-plex offers versatility to suit your needs. Unit Breakdown: Unit 1: Spacious 1-bedroom, 1-bathroom with a recently renovated kitchen including a range/oven and refrigerator. Perfect for a comfortable and modern living experience. Unit 2: Cozy studio with a full bath and a well-equipped kitchen featuring a range/oven and refrigerator. Large walk-in pantry. Unit 3: Another inviting studio with a full bath and a kitchen complete with range/oven and refrigerator. Offers a charming and functional living space. Unit 4: Recently renovated large 1-bedroom, 1-bathroom unit with a kitchen equipped with a range/oven and refrigerator. Move-in ready and perfect for immediate use. Each unit is separately metered, ensuring ease of management and billing. Don’t miss this fantastic opportunity to invest in a property with strong rental potential or create a multi-generational living space in one of Hilo’s most desirable locations.
For sale
$548,000
332 Kauila St #1-4, Hilo, HI 96720
2beds
4,936sqft
Est.:
Multi Family
Built in 1933
-- sqft lot
$-- Zestimate®
$111/sqft
$-- HOA
What's special
Cozy studioPrime locationRecently renovated kitchenWell-equipped kitchenLarge walk-in pantry
- 63 days
- on Zillow |
- 876 |
- 42 |
Zillow last checked: 7 hours ago
Listing updated: March 12, 2025 at 12:51pm
Listed by:
Andrea Toci 8089376396,
Redfin Corporation
Source: Hawaii Information Service,MLS#: 718910

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
- Full bathrooms: 4
Features
- Has fireplace: No
Interior area
- Total structure area: 4,936
- Total interior livable area: 4,936 sqft
Property
Parking
- Parking features: Assigned
Lot
- Size: 7,508 Square Feet
- Features: Cleared
Details
- Parcel number: 3260050070000
- Zoning: RM-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1933
Utilities & green energy
- Water: County
- Utilities for property: Sewer-Connected, Overhead
Community & HOA
Community
- Subdivision: Puueo
Location
- Region: Hilo
Financial & listing details
- Price per square foot: $111/sqft
- Tax assessed value: $353,900
- Annual tax amount: $4,140
- Price range: $548K - $548K
- Date on market: 3/2/2025
- Listing terms: 1031 Exchange,Cash,Conventional
- Ownership: Full,
- Electric utility on property: Yes
- Road surface type: Paved
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