USAHIHiloKaumana Houselots1940 Kaumana Dr
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$850,000

For Sale

4 days ago

1940 Kaumana Dr, Hilo, HI

House

MLS® 731095

9 Bed

4 Bath

3194 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential
Size 3194 sqft
Garage 
Taxes $6,385
Days Active 4
Lot Size 22500 SF
Approx. Age 1950
Avg. Price Per Sqft $266
MLS® Number 731095

Property Address: 1940 Kaumana Dr, HILO, HI, 96720-1413

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number731095
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
Basement
DrivewayUnassigned
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 10, 2026List Date
$850,000List Price
  • Commute

Commute

Starting Address
Destination Address
1940 Kaumana Dr, Hilo, HI

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