347 Iliahi St, Hilo, HI 96720

Local realty services provided by:Better Homes and Gardens Real Estate Hank Correa Realty
347 Iliahi St,Hilo, HI 96720
$499,000
  • 15 Beds
  • 5 Baths
  • 4,866 sq. ft.
  • Multi-family
  • Pending
Listed by: henry j. correa jr., henry j. correa iii8089602626
Office: better homes and gardens real estate hank correa realty
MLS#:705740
Source:HI_HIS

Price summary

  • Price:$499,000
  • Price per sq. ft.:$102.55

About this home

Fully functioning 15 unit multi-family building just a few minutes from downtown Hilo.<br><br>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. <br>***Notice of rental increase has been given to all tenants. All units to be $600/month effective May 29th, 2025*** <br><br>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.<br><br>Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own

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Home facts

  • Year built:1918
  • Listing ID #:705740
  • Added:697 day(s) ago
  • Updated:December 20, 2025 at 02:29 AM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:5
  • Full bathrooms:3
  • Living area:4,866 sq. ft.

Structure and exterior

  • Year built:1918
  • Building area:4,866 sq. ft.
  • Lot area:0.29 Acres

Utilities

  • Sewer:Sewer Not Available

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$102.55
  • Tax amount:$7,181 (2023)
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.