Rare opportunity in Waiakea! This multi-family property on Pohakulani Street features two permitted homes on one lot — perfect for extended family living or as an investment property.
The front home is a classic 3-bedroom, 1-bath residence built in the 1950s. It has been tastefully updated over the years while maintaining its timeless charm and comfortable layout.
The back home is a spacious 3-bedroom, 2.5-bath home offering over 1,400 square feet of living area. Inside, you'll find high cathedral ceilings in the living room and kitchen, creating an open and airy feel. Each bedroom is generously sized, and there’s a family room just off the kitchen—ideal for gatherings or a home office.
A large storage area and workshop on the property provide additional functionality and space for tools, projects, or hobbies.
Conveniently located near shopping, schools, and the University of Hawaii at Hilo, this property combines versatility, space, and an excellent location — a truly rare find in Waiakea!
Property video: https://realestatevideos.vids.io/videos/5a9bd9b3191be6c9d0/450-pohakulani-st
Under contract
$725,000
450 Pohakulani St, Hilo, HI 96720
5beds
2,280sqft
Single Family Residence
Built in 1957
0.37 Acres Lot
$695,100 Zestimate®
$318/sqft
$-- HOA
What's special
Open and airy feel
- 145 days
- 183
- 4
Zillow last checked:
Listing updated:
Listed by:
Howard Meguro 8088962549,
Coldwell Banker Island Properties - Hilo
Source: Hawaii Information Service,MLS#: 728796
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Appliances
- Included: Dryer, Range, Refrigerator, Washer
Features
- Cathedral Ceiling(s), High Ceilings
- Flooring: Carpet, Laminate
- Has fireplace: No
Interior area
- Total structure area: 2,280
- Total interior livable area: 2,280 sqft
Video & virtual tour
Property
Parking
- Parking features: Covered, Other
Lot
- Size: 0.37 Acres
Details
- Parcel number: 3240190800000
- Zoning: RS-15
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1957
Utilities & green energy
- Sewer: Cesspool
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available
Community & HOA
Community
- Subdivision: WAIAKEA HOMESTEADS 1ST SERIES
Location
- Region: Hilo
Financial & listing details
- Price per square foot: $318/sqft
- Tax assessed value: $651,100
- Annual tax amount: $7,227
- Date on market: 4/10/2026
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Full
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$695,100
$660,000 - $730,000
$3,661/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Contingent | $725,000$318/sqft |
Source: | ||
| 4/10/2026 | Listed for sale | $725,000-3.2%$318/sqft |
Source: | ||
| 3/7/2026 | Listing removed | $749,000$329/sqft |
Source: | ||
| 1/2/2026 | Price change | $749,000-2.1%$329/sqft |
Source: | ||
| 10/27/2025 | Price change | $765,000-2.5%$336/sqft |
Source: | ||
| 10/15/2025 | Listed for sale | $785,000+97.9%$344/sqft |
Source: | ||
| 5/15/2015 | Sold | $396,620-0.6%$174/sqft |
Source: | ||
| 5/13/2015 | Pending sale | $399,000$175/sqft |
Source: Big Island Land Co., Ltd. #278677 Report a problem | ||
| 5/13/2015 | Listed for sale | $399,000$175/sqft |
Source: Big Island Land Co., Ltd. #278677 Report a problem | ||
| 3/13/2015 | Listing removed | $399,000$175/sqft |
Source: Big Island Land Co., Ltd. #278677 Report a problem | ||
| 2/20/2015 | Price change | $399,000-6.1%$175/sqft |
Source: Big Island Land Co., Ltd. #278677 Report a problem | ||
| 11/8/2014 | Listed for sale | $425,000+85.6%$186/sqft |
Source: Big Island Land Co., Ltd. #278677 Report a problem | ||
| 1/7/2004 | Sold | $229,000$100/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $651,100 +4.7% |
| 2024 | $6,902 +7.3% | $621,800 +7.3% |
| 2023 | $6,431 +5.7% | $579,400 +5.7% |
| 2022 | $6,082 +11.7% | $547,900 +11.7% |
| 2021 | $5,442 +3.8% | $490,300 +3.8% |
| 2020 | $5,245 | $472,500 +4.7% |
| 2019 | -- | $451,200 +5.2% |
| 2018 | -- | $428,800 +4.4% |
| 2017 | $937 | $410,800 +6% |
| 2016 | $937 | $387,500 +12.1% |
| 2015 | $937 | $345,600 +0.6% |
| 2014 | $937 | $343,500 |
Find assessor info on the county website
Monthly payment
Est. payment




