1940 Kaumana Dr, Hilo, HI 96720

Hilo
Local realty services provided by:Better Homes and Gardens Real Estate Rainbow Island Properties
1940 Kaumana Dr,Hilo, HI 96720
$850,000
  • 9 Beds
  • 4 Baths
  • 3,194 sq. ft.
  • Single family
  • Active
Listed by: evan b rock
Office: rock realty llc.
MLS#:731095
Source:HI_HIS

Price summary

  • Price:$850,000
  • Price per sq. ft.:$266.12

About this home

Rare Multi-Unit Income Opportunity in the Heart of Hilo Versatile three-unit property on a generous 22,500 sf RS-10 lot with potential for subdivision. The front duplex offers two spacious 3-bedroom/1-bath units, one upstairs and one downstairs, while a detached 3-bedroom/2-bath home sits privately at the rear. In total, approximately 3,200 sf of rentable living area, plus a centrally located 3-car garage. Each building has its own separate water and electric meters, making multi-tenant management simple. Two units are currently tenant-occupied and generating income. The vacant back house is ready for an owner-occupant or a new tenant, offering immediate flexibility and strong upside as units turn. Additional value-add potential: the seller obtained carport permits for the front and rear of the property (not yet built; may still be valid) and previously explored subdividing the lot with separate access off Pala Lane. RS-10 zoning may allow subdivision. Buyer to verify with the County...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1950
  • Subdivision & Development:KAUMANA HOUSELOTS
  • Listing ID #:731095
  • Added:103 day(s) ago
  • Updated:September 21, 2026 at 11:35 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet
  • Living area:3,194 sq. ft.

Structure and exterior

  • Year built:1950
  • Building area:3,194 sq. ft.
  • Lot area:0.52 Acres
  • Lot Features:Cul-De-Sac, Rocky

Utilities

  • Sewer:Cesspool

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$266.12
  • Tax amount:$6,385 (2025)

Parking

  • Parking description:Unassigned
Listing information © 2021 MLS Hawaii, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants or the MLS from liability.

New listings near 1940 Kaumana Dr