Unique investment opportunity located in the heart of Hilo, featuring two separate homes on one lot.
The first home, a charming multi-level classic (white home), was built in 1932 and refreshed in 2020. It includes two bedrooms and two bathrooms (one 3/4 bath and one 1/4 bath).
The second home, a yellow multi-level home, was built in 1985. The upper level offers two bedrooms and one full bathroom, while the lower level has an additional bedroom with a 3/4 bathroom.
This property presents a variety of appealing options for an investor. You could generate rental income from both homes, live in one while renting out the other, or even utilize both to accommodate a multi-generational family.
The location is truly excellent, with just a short drive to the Hilo Shopping Center, a variety of restaurants, and the beautiful Wailoa State Park.
**Please note that county records information and actual details may differ, and buyers and buyer's agents are advised to verify any material facts deemed important to the purchase**
For sale
Price cut: $24K (11/20)
$725,000
619 Mililani St, Hilo, HI 96720
5beds
2,904sqft
Est.:
Duplex
Built in 1932
-- sqft lot
$737,100 Zestimate®
$250/sqft
$-- HOA
What's special
Yellow multi-level homeTwo bathroomsTwo bedrooms
- 200 days |
- 590 |
- 37 |
Zillow last checked: 8 hours ago
Listing updated: November 20, 2025 at 05:33am
Listed by:
Tessie Fontes 8086404077,
Coldwell Banker Island Properties - Hilo
Source: Hawaii Information Service,MLS#: 720904
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Appliances
- Included: Dryer, Oven, Refrigerator, Washer
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,904
- Total interior livable area: 2,904 sqft
Property
Parking
- Parking features: Covered
Features
- Levels: Two
- Fencing: None
Lot
- Size: 0.25 Acres
Details
- Parcel number: 3220340080000
- Zoning: RS-10
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- Year built: 1932
Utilities & green energy
- Utilities for property: Electricity Available, Sewer Connected
Community & HOA
Community
- Subdivision: WAIAKEA HOUSE LOTS 1ST SERIES
Location
- Region: Hilo
Financial & listing details
- Price per square foot: $250/sqft
- Tax assessed value: $531,700
- Annual tax amount: $3,163
- Date on market: 5/27/2025
- Listing terms: 1031 Exchange,Cash,Conventional
- Ownership: Full
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$737,100
$700,000 - $774,000
$2,432/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/20/2025 | Price change | $725,000-3.2%$250/sqft |
Source: | ||
| 5/27/2025 | Listed for sale | $749,000+80.5%$258/sqft |
Source: | ||
| 12/4/2024 | Listing removed | $1,425 |
Source: Zillow Rentals Report a problem | ||
| 11/17/2024 | Listed for rent | $1,425 |
Source: Zillow Rentals Report a problem | ||
| 3/20/2020 | Sold | $415,000-4.6%$143/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $608,800 +14.5% |
| 2024 | $3,164 -46.8% | $531,700 -0.7% |
| 2023 | $5,944 | $535,500 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,228/mo
Principal & interest
$2811
Home insurance
$254
Property taxes
$163
Climate risks
Neighborhood: 96720
Nearby schools
GreatSchools rating
- 5/10Chiefess Kapiolani Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 8/10Hilo Intermediate SchoolGrades: 7-8Distance: 1.6 mi
- 6/10Hilo High SchoolGrades: 9-12Distance: 1.8 mi
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