441 Mohouli St #A & B, Hilo, HI 96720
Local realty services provided by:Better Homes and Gardens Real Estate Rainbow Island Properties
441 Mohouli St #A & B,Hilo, HI 96720
$1,195,000
- 8 Beds
- 5 Baths
- 3,298 sq. ft.
- Multi-family
- Active
Listed by: david hubbard
Office: david hubbard - sole proprietor
MLS#:734458
Source:HI_HIS
Price summary
- Price:$1,195,000
- Price per sq. ft.:$362.34
About this home
Two beautiful homes on one rare grandfathered parcel in one of Hilo's most convenient neighborhoods. Set on an 18,024sf lot, this property offers the flexibility few Hawaii listings can match: comfortable multi-generational living or a diversified income portfolio with three distinct income streams.
The front home, lovingly known as The Pineapple Retreat, was built in 1950 and refreshed in 2022. It's a welcoming traditional island style home with Hilo Bay views from the primary living areas. Below, an independent basement studio with its own private entrance, kitchenette, bathroom (and fallout shelter!) enjoys a stable longer-term tenancy - or easily combine the 2 units back to the original status to create a 4 bedroom, 2 bathroom single family home.
The rear residence, Hilo Bayview, was built in 1980 and was fully renovated in 2021. Enjoy sweeping island vistas and trade-wind breezes from its upper living spaces, along with generous bedrooms and modern finishes throughout. The 4 bedrooms and 3 bathrooms are complemented by an office, storage area, and a home theater room.
Both homes come fully furnished and currently operate successfully as short-term rentals, earning great guest reputations. From January 2027, the rear residence could continue as a 3 bedroom hosted Transient Vacation Rental (TVR) under the new Hawaii County code, with the on-site long-term co-host living in the front residence basement studio. Conditional approval has been granted with certificate BBR-00084. The front residence upstairs can be operated as a longer-term, 6 month minimum lease.
A new septic tank system was installed in 2022.
Minutes from downtown Hilo, farmers market, bayfront parks, restaurants, shopping, and the airport, 441 Mohouli balances island charm with a genuine investment opportunity.
Enjoy a 3D walkthrough and floor plans at:-
https://my.matterport.com/show/?m=q9Kz3uVZhmV&brand=0
Please do not disturb guests....
Contact an agent
Home facts
- Year built:1950
- Subdivision & Development:MOKAULELE HEIGHTS HOUSELOTS
- Listing ID #:734458
- Added:7 day(s) ago
- Updated:October 29, 2026 at 12:14 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Full bathrooms:5
- Living area:3,298 sq. ft.
Structure and exterior
- Year built:1950
- Building area:3,298 sq. ft.
- Lot area:0.41 Acres
Utilities
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,195,000
- Price per sq. ft.:$362.34
- Tax amount:$2,251 (2025)
Parking
- Parking description:Attached, Covered
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