Property Attributes
- MLS#728314
- TypeMulti-Family
- Listing Status A
- CountyHAWAII
- CityLaupahoehoe
- AreaNorth Hilo
- NeighborhoodMANOWAIOPAE HOMESTEADS
- Zip96764
- Style
- Year Built1990
- Taxes$ 5196
- Price$ 1,200,000
- Bedrooms12
- Full Bathrooms4
- Half Bathrooms4
- Sqr Footage4224
- Lot Size1.54959 Acres
Data Source:
Hawaii Info Service (HISMLS)
Property Description
Unlock the potential of this income-producing investment property featuring four single-family homes on one parcel. With three of the four homes occupied by long-term tenants, this property offers immediate rental income while providing the opportunity to add value. Built in 1990, the homes are ready for updates and improvements, making this an ideal opportunity for investors seeking a value-add asset with income potential. The vacant fourth home presents additional flexibility for renovation, a new tenant, or owner occupancy. Whether you're looking to expand your rental portfolio, generate steady cash flow, or capitalize on a unique multi-home investment, properties like this are rarely available. An ideal opportunity for both seasoned and first-time investors. Showings are by appointment only. Please do not disturb the tenants.
| Price History | |
|---|---|
| 7/9/2026 | Listed $1,200,000 |
General Features
| Sewer | Cesspool |
|---|---|
| Utilities | Electricity Available |
| Zoning | RS-15 |
| HOA Fee | 0.0 |
| Land Tenure | Fee Simple |
| Year Built | 1990 |
| Property Subtype | Four Or More Units |
| Tax Year | 2025 |
| Ownership | Full |
| Assoc Fee Paid Per | Monthly |
| Property Type | Residential Income |
| Subdivision Name | MANOWAIOPAE HOMESTEADS |
| Full Baths | 4 |
| Status | A |
| City | Laupahoehoe |
| Lot Size Units | Square Feet |
| Property Attached Y/N | No |
| Tax Annual Amount | 5196.14 |
| Home Warranty Y/N | No |
| Virtual Tour | https://drive.google.com/file/d/1C6yEm4ezISyeva0nv7fHTfr3S4jhp9OF/view?usp=sharing |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Tax Assessed Value | 873300 |
| Tax Lot | 12 |
| Listing Terms | 1031 Exchange, Cash, Conventional |
| Assoc/CIC | None |
| AttributionContact | 8086408982 |
| LeasableAreaUnits | Square Feet |
| Structures YN | Yes |
Interior Features
| Flooring | Carpet |
|---|---|
| Half Baths | 4 |
| Total Bedrooms | 12 |
| Total Baths | 8 |
Exterior Features
| Parking Features | Covered, Unassigned |
|---|---|
| Lot Size Area | 67500.0 |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool

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The information provided by AlohaLiving.com® has been compiled and provided in conjunction with 3rd Party sources. This information has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Last Update: September 25, 2026 12:01 AM UTC