Located right in the heart of Hilo, this property at 155 W Kawailani St offers a prime opportunity in a highly desirable in-town location for real estate investors and buyers searching for Hilo fixers or value-add homes under $500,000. Zoned RS-15, this lot is well-suited for residential use and presents excellent potential for renovation, redevelopment, or a long term rental hold. With strong demand for housing in Hilo and limited inventory in this price range, this property is an ideal candidate for an investor, contractor, or buyer looking for a project with upside in East Hawaii. Home is being sold strictly as-is; seller will not make any repairs or concessions. Buyers and their agents are strongly advised to verify all information independently and conduct their own due diligence regarding zoning, permits, utilities, and any intended use of the property. If you've been searching for Hilo investment property, a fixer-upper in town, or a Big Island real estate opportunity with long-term hold potential, this Hilo property deserves a serious look. With some TLC, this one could become your next project or future income-producing asset.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale Residential | $438,000 | $401 | eXp Realty |
| Year | Annual Amount | Description |
|---|---|---|
| 2025 | $804 |
Elementary School Waiakeawaena Elementary School | 0.3 miles away | PK - 05 | |
Elementary School Waiakea Elementary School | 0.7 miles away | PK - 05 | |
Middle School Waiakea Intermediate School | 0.8 miles away | 06 - 08 |