Address
36-2319-a Puualaea Homestead Rd, Laupahoehoe, HI
Price
$ 1,200,000
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

Property vs Multi-Family Average in 96764

Price
AVG $1.2M
$1.2M
Taxes
AVG $5,196
$5,196
Year Built
AVG 1990
1990
Visits
AVG 19
18
Data Provided by Inside Real Estate®