About This Home

This 5-bedroom, 3-bathroom multi-family at 619 MILILANI ST in Hilo, HI is listed for $675,000 ($232 per sqft). Built in 1932, the home offers 2,904 sqft of living space on a 0.25 acres lot.

Key Features

  • Built in 1932
  • 0.25 acre lot
  • 2 stories

Property Details

2 stories
2 full, 1 half
1932
Listing Description

Unique investment opportunity in the heart of Hilo featuring two separate homes on one lot, offering flexibility for multi-generational living or rental income. Surrounded by a mix of residential and commercial properties, there may be potential to pursue commercial zoning (buyers to verify with the County) The first home, a charming multi-level re

sidence (white home), was originally built in 1932 and refreshed in 2020, featuring two bedrooms and two bathrooms (one 3/4 bath and one 1/4 bath). The second dwelling, a yellow multi-level home built in 1985, offers two bedrooms and one full bathroom on the upper level, with an additional bedroom and 3/4 bathroom on the lower level.

This versatile property presents multiple possibilities for investors or owner-occupants alike - generate rental income from both homes, live in one while renting the other, or accommodate multi-generational living. Conveniently located just minutes from shopping, dining, and outdoor recreation, including the nearby Hilo Shopping Center and Wailoa State Park.

**Information herein is based on county records and may not reflect actual property details. Buyers and buyer's agents are advised to independently verify all material facts deemed important to their purchase.**

Monthly Cost Estimate

$3,610/mo

20% down · 6.5% · 30 years

Principal$488
Interest$2,925
Insurance$197

Estimates only. Actual payments may vary.

Location

619 MILILANI ST

Hilo, HI 96720

WAIAKEA HOUSE LOTS 1ST SERIES

Property Details

Flooring

Carpet

Parking

Covered

Appliances

DryerOvenRefrigeratorWasher

Questions & Answers

This 5-bedroom, 3-bathroom multi-family at 619 MILILANI ST is listed at $675,000 ($232/sqft). The estimated monthly payment is $3,610 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1932, 0.25 acre lot, 2 stories.

This property is listed by Tessie Fontes.

TF

Tessie Fontes

Agent at Coldwell Banker Island Properties

Listed by Coldwell Banker Island Properties · Broker phone: (808) 724-6854 · View on Broker Site · Broker website

MLS# 728219· Source: Hawaii Information Service· 247 days on PropertySimple

Copyright © 2026 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

619 MILILANI ST, Hilo, HI 96720

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