1940 KAUMANA DR # Hilo HI 96720

KAUMANA HOUSELOTS

9 bd
4 | ba
Sq ft: 3,194
HOUSE
1950

A$8500001940 KAUMANA DR # Hilo HI 96720

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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.

LOCATION INFORMATION

District: South Hilo
Latitude: 19.68584135
Subdivision: KAUMANA HOUSELOTS
INTERIOR FEATURES

Floors: Carpet
EXTERIOR FEATURES

Septic or Sewer: Cesspool
Zoning: RS-10 Lot Size in Sq. Ft: 22500
Road Description: County, Paved
Lot Description: Rare 3-unit Hilo income property on 22,500 sf RS-10 lot. Lot Number: 13,21
Security: Mountain(s)
FEATURES
Additional Information

Tax Key: 325005065

Property Type: HOUSE
Year Built: 1950
Taxes: 6384.72
Land Tenure: Fee Simple
$ 3,151 per month
30 Year Fixed. 3.525% Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $ 157

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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Listed by: Rock Realty LLC

Seller’s Representative:

Kohanaiki Realty LLC © 2023 Hawaii Information Service. All rights reserved. © 2023 MLS Hawaii, Inc. All rights reserved.

Provided Courtesy of Hawaii Information Service. In this page not only will you see properties represented by Kohala Coast Properties, but also properties represented by other members of Hawaii Information Service. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is updated approximately every two hours. The last update time is shown below.

HIS data last updated at July 24, 2026 8:54 PM HAST

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