This newly renovated space at Hilo Terrace is awaiting its new owners to make it their own. Featuring 2-bedrooms, 1-bathroom, multiple closet spaces, full kitchen, and living room setup. Totaling a square footage of 695 sqft. This unit is located upstairs for maximized privacy and owner enjoyment. Amenities Include: -Onsite Mail service -Pool access & lounging patio -Designated parking spaces -Newly Upgraded laundry facility on site -Zoned General Commercial (CG-20), which may be conforming for a potential STVR License. Perfect for investment short term or long-term rentals. Buyer to do buyers own due diligence! Just minutes away from all the fun! Located up the road from - Hilo's Friday Night Market, downtown farmers market, an array of local restaurants & eateries, and grocery's such as KTA and Sack N Save. Also, importantly, located just down the road from Hilo Hospitals and School. Recent improvements to the Hilo Terrace complex in recent years include the refinishing of the in-ground pool and laundry facilities in 2019, asphalted parking lot in 2024, and new roofs on all buildings in 2023. The last reported monthly maintenance fee of $545 covers water, sewer, gas, condo insurance and common area maintenance. Electricity and trash are billed separately. Cable, internet and phone are owner/tenant's responsibility
Accepting backups
$200,000
485 Waianuenue Ave APT 224, Hilo, HI 96720
2beds
695sqft
Est.:
Single Family Residence
Built in 1963
-- sqft lot
$194,300 Zestimate®
$288/sqft
$545/mo HOA
What's special
Designated parking spacesNewly renovated spaceFull kitchenMultiple closet spaces
- 11 days
- on Zillow |
- 721 |
- 33 |
Zillow last checked: 7 hours ago
Listing updated: April 22, 2025 at 06:12pm
Listed by:
Tyler Bergman 8088962644,
Coldwell Banker Island Properties - Hilo
Source: Hawaii Information Service,MLS#: 720278

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: Refrigerator, Range/Oven
Features
- Has fireplace: No
Interior area
- Total structure area: 695
- Total interior livable area: 695 sqft
Property
Parking
- Parking features: Assigned
Features
- Pool features: In Ground, Outdoor Pool
Details
- Parcel number: 3230160660044
- Zoning: CG-20
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Single Family Residence
Condition
- Year built: 1963
Details
- Builder model: Hilo Terrace
Utilities & green energy
- Water: County
- Utilities for property: Sewer-Connected, Satellite, Cable Available, Cable, Cell, Overhead
Community & HOA
Community
- Subdivision: Hilo
HOA
- Has HOA: Yes
- HOA fee: $545 monthly
Location
- Region: Hilo
Financial & listing details
- Price per square foot: $288/sqft
- Tax assessed value: $50,500
- Annual tax amount: $300
- Price range: $200K - $200K
- Date on market: 4/14/2025
- Listing terms: Cash,Conventional,VA Loan
- Ownership: CPR,
- Electric utility on property: Yes
- Road surface type: Paved
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