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$850,000
9 Beds ⋅ 4 Baths ⋅ 731095 MLS ⋅ ['Fee Simple'] Tenure
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 of Hawai'i Planning Department. Whether you're looking to live in one unit while renting the others or seeking a pure investment play, this property delivers, all in a convenient, established Hilo neighborhood just minutes from town. Sold AS-IS. Buyer and buyer's agent to verify all information.

1940 Kaumana Dr, HILO

Listing courtesy of Rock Realty LLC.

$349,000
3 Beds ⋅ 2 Baths ⋅ 729183 MLS ⋅ ['Fee Simple'] Tenure
If you've been looking for a project with character, this 2-story fixer-upper in Kaumana might be just the one. Downstairs features a spacious living room, kitchen and full bath, while upstairs offers three bedrooms and a half bath. The laundry room is conveniently located in the carport. This property is ideal for buyers with vision, contractors, investors or anyone ready to bring new life to a vintage home.

2131 Kaumana Dr, HILO

Listing courtesy of Hawaii Life.

$545,000
4 Beds ⋅ 3 Baths ⋅ 718303 MLS ⋅ ['Fee Simple'] Tenure
Spacious charming home that has been recently renovated that comes with 4 bedrooms and 3 baths. Huge opportunity with many separate areas excellent for game room or large gatherings. Freshly painted inside and exterior walls, new flooring, cabinets, lighting and plumbing fixtures and windows. All new appliances too! Fully fenced property adds security. Enjoy the cool climate of the upper Kaumana area.

2114 Kaumana Dr, HILO

Listing courtesy of Century 21 Homefinders of Hawaii.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.