127 Kanoelani Street, Unit 1

Hilo, HI 96720

$1,145,500
Price
7
Beds
4
Baths
5,746 Sq. Ft.
$199 / Sq. Ft.
5,746
Sq. Ft.
$199
per Sq. Ft.
an aerial view of residential houses with outdoor space
an aerial view of residential houses with outdoor space and trees
a view of a house with a backyard porch and sitting area
a front view of a house with garden
a view of a house with backyard and garden
a view of an outdoor sitting area
a view of a patio with table and chairs
a living room with furniture and flat screen tv
a kitchen with stainless steel appliances a refrigerator and a stove top oven
a room that has a sink and a window in it
a storage room with wooden floor and furniture
a bed room with furniture and a window
a view of a house with a yard and sitting area
a living room with furniture a rug and a flat screen tv
a utility room with dryer and washer
a view of yard with swimming pool and green space
a front view of a house with a yard street and outdoor seating
a front view of house with yard and green space
a view of kitchen with stainless steel appliances granite countertop a refrigerator and a stove top oven
a view of empty room with wooden floor
a view of an empty room with a window
a view of empty room with a kitchen and wooden floor
a bathroom with a sink a toilet and mirror
a bathroom with a granite countertop sink toilet and shower
a view of a city street from a balcony
a view of balcony
a living room with furniture and a gym machine
a kitchen with stainless steel appliances granite countertop a stove a sink and a refrigerator
a bathroom with a sink toilet and shower

Description

Prime Multi-Unit Property with Income Potential & Owner-Occupant Opportunity This exceptional multi-unit property, located on a spacious 26,640 sq ft lot with two private driveways, offers a unique opportunity for both investment and owner-occupancy. Recently remodeled and move-in ready, the layout ensures privacy for all units while maximizing rental income potential. Front Home: Features three units: Main Unit: A 3-bedroom, 2-bathroom home with generous living space, a large lanai, and a 2-car...Prime Multi-Unit Property with Income Potential & Owner-Occupant Opportunity This exceptional multi-unit property, located on a spacious 26,640 sq ft lot with two private driveways, offers a unique opportunity for both investment and owner-occupancy. Recently remodeled and move-in ready, the layout ensures privacy for all units while maximizing rental income potential. Front Home: Features three units: Main Unit: A 3-bedroom, 2-bathroom home with generous living space, a large lanai, and a 2-car carport. Upstairs Unit: A 1-bedroom, 1-bathroom unit with a kitchen, private access, exterior lanai, and 2-car carport. Downstairs Unit: A 1-bedroom, 1-bathroom unit with its own carport, ideal for small households. All three units are occupied, generating reliable rental income. Back Home: A spacious 4-bedroom, 2-bathroom home with a carport, currently vacant, offers an ideal opportunity for owner-occupancy. The back home also includes a 1-bedroom, 1-bathroom unit, which is being leased for additional rental income. While distant ocean views from the back lanai enhance the peaceful atmosphere, the true value of this property lies in its versatility. The large lot offers ample space for landscaping, gardening, and additional privacy. Whether you choose to live in the back home while collecting income from the front units or lease all units for maximum cash flow, this property offers long-term financial potential. A rare opportunity to invest in both a tranquil residence and a profitable rental property. E Komo Mai (Welcome and Come on by) The information herein, while deemed reliable, may contain inaccuracies or be incorrect & is provided without warranty or guarantee of any kind. Buyer & buyer's agent to perform due diligence and investigate & confirm all pertinent & material facts. Sold As-Is. There are no guarantees or warranties
  1. Listed by Gina Hara Chun • License #RB-20817 • Hara Chun Realty, LLC

Property Details for 127 Kanoelani Street, Unit 1

Subdivision
WAIAKEA HOMESTEADS 1ST SERIES
Zoning
RS-15
Land Tenure
Fee Simple
LISTING UPDATED: 01/04/2025 01:03 PM

Property Details for 127 Kanoelani Street, Unit 1

StatusActive
MLS #712511
Days on Market2
Taxes$11,508 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Ohana/ADU - Permitted
Year Built1987
Lot Size0.61 AC / 26,640 SF
CountyHawaii County

Building Information for 127 Kanoelani Street, Unit 1

Stories-Year Built1987Building Size-Lot Size0.61 AC / 26,640 SF

Property Information for 127 Kanoelani Street, Unit 1

Summary
Location and General Information
  • Latitude: 19.6905565
  • Location: 127 KANOELANI ST #1
  • Longitude: -155.07921647
  • Oceanfront Parcel: N
  • Street: KANOELANI ST
  • Street Address Full: 127 KANOELANI ST #1 HILO HI 96720
  • Street Number: 127
  • City: HILO
  • District: South Hilo
  • Zip Code: 96720
Taxes and HOA Information
  • Fees-Association (Monthly): $0
  • Fees-Association (Yearly): $0
  • Exempt Amount: $0
  • Tax Year: 2023
  • Taxes (Annual): $11,508.48
  • Taxkey: 3-2-4-14-52
  • Taxkey9: 324014052
Parking
  • Carport Area (Total): 460.0
  • Carport Spaces (Total): 1409.0
  • Vehicle Storage/Parking: Attached, None
Property
Lot Information
  • Roads: County
  • Agriculture Dedicated: No
  • Design: Wood Frame
  • Year Built Maximum: 1987
  • Year Built Minimum: 1951
  • Exterior Area (Total): 2212.0
  • Interior Area (Total): 5746.0
  • Land Area: 26640.0
  • Lot Description - Land: Other (remarks), Grassy
  • Lot Number: 10
  • Flood Zone: X
  • Lava Zone: 3
Property and Assessments
  • Disclosure Form: Yes
  • Assessed Value: $1,113,600
  • Assessment Year: 2024
  • Property Type: Residential
  • Photos: 30
Utilities
  • Power: Overhead
  • Wastewater: Cesspool
  • Water: County
  • Solid Waste Disposal (Trash): None
Interior and Exterior Features
Exterior Features
  • Pool: N
Interior Features
  • Washer/Dryer: Dryer, Washer
  • Appliances: Disposal, Refrigerator, Range/Oven, Range Hood
  • Bathrooms (Total): 4
  • Baths 1/2 (Total): 0
  • Baths 1/4 (Total): 0
  • Baths 3/4 (Total): 0
  • Baths Full (Total): 4
  • Bedrooms (Total): 7
  • Floor Covering: Carpet, Ceramic Tile, Hardwood, Vinyl
Multi Family
Multi-Family Information
  • Bldg Units: 1
Agent
Sale and Listing
  • Ownership: Full
  • Media Changed: 01-04-2025
  • Terms Acceptable: Cash, Conventional
  • Listor Name: Gina Hara Chun
  • Days on Market: 0
  • First Photo Sequence: 25
  • Subtype of Listing: Ohana/ADU - Permitted
  • Remarks - Public: Prime Multi-Unit Property with Income Potential & Owner-Occupant Opportunity<br><br>This exceptional multi-unit property, located on a spacious 26,640 sq ft lot with two private driveways, offers a unique opportunity for both investment and owner-occupancy. Recently remodeled and move-in ready, the layout ensures privacy for all units while maximizing rental income potential.<br><br>Front Home: Features three units:<br><br>Main Unit: A 3-bedroom, 2-bathroom home with generous living space, a large lanai, and a 2-car carport.<br>Upstairs Unit: A 1-bedroom, 1-bathroom unit with a kitchen, private access, exterior lanai, and 2-car carport.<br>Downstairs Unit: A 1-bedroom, 1-bathroom unit with its own carport, ideal for small households. All three units are occupied, generating reliable rental income.<br>Back Home: A spacious 4-bedroom, 2-bathroom home with a carport, currently vacant, offers an ideal opportunity for owner-occupancy. The back home also includes a 1-bedroom, 1-bathroom unit, which is being leased for additional rental income.<br><br>While distant ocean views from the back lanai enhance the peaceful atmosphere, the true value of this property lies in its versatility. The large lot offers ample space for landscaping, gardening, and additional privacy.<br><br>Whether you choose to live in the back home while collecting income from the front units or lease all units for maximum cash flow, this property offers long-term financial potential. A rare opportunity to invest in both a tranquil residence and a profitable rental property.<br><br>E Komo Mai (Welcome and Come on by)<br>The information herein, while deemed reliable, may contain inaccuracies or be incorrect & is provided without warranty or guarantee of any kind. Buyer & buyer's agent to perform due diligence and investigate & confirm all pertinent & material facts. Sold As-Is. There are no guarantees or warranties
  • REversion: 600
  • Sale Type: Standard Sale
  • DZS: 324
Showing and Remarks
  • Showing Instructions: 48+ hrs notice, Buyer Agent Must Be Present

Property History for 127 Kanoelani Street, Unit 1

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 127 Kanoelani Street, Unit 1

Taxable ValueLand$244,200Additions$869,400Total$1,113,600
Tax Record2024$12,361 ($1,030 / month)
Home Facts
Beds3Baths4Total Finished SqFt3,136 SqFtAbove Grade Finished SqFt3,136 SqFtStories1Lot Size26,640 SqFtStyleSingle Family ResidenceYear Built1951ZoningRS-15CountyHAWAIIAPN3-2-4-014-052

Schools near 127 Kanoelani Street, Unit 1

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Waiakea Elementary School
Public - PK to 5
Waiakea Intermediate School
Public - 6 to 8
Waiakea High School
Public - 9 to 12
Kua O Ka La - Public Charter School
Charter - PK to 8
Rating
School
Distance
Waiakea Elementary School
PublicPK to 5

Waiakea Intermediate School
Public6 to 8

Waiakea High School
Public9 to 12

Kua O Ka La - Public Charter School
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 127 Kanoelani Street, Unit 1, Hilo, HI 96720

127 Kanoelani Street, Unit 1 is a single family home for sale in Hilo, HI 96720. This property was listed for sale on January 4, 2025 by Hara Chun Realty, LLC, it's currently listed at $1,145,500. It has been on the market for a total of 2 days and was last sold on April 19, 2013. This listing's school district is Hawaii Department Of Education. Nearby schools include Waiakea Elementary School, Waiakea Intermediate School and Waiakea High School. 127 Kanoelani Street, Unit 1 is a 7-bed, 4-bath, 5,746 sqft single family home built in 1987.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hara Chun Realty, LLC, Gina Hara Chun, License #RB-20817