Nice rental property in Hilo. All units have been renovated and are rented. Three individual and separate rentals with carports. One TMK# makes for easy management. Good tenants, good income. Subdivision possible.
Renovations on all three units:
New roofing & refinished in some areas
New countertops, Quartz in unit B
New paint, interior and exterior
New windows in unit B
New bathrooms
New flooring
New lighting, fans
New hardware
New faucets
New carpentry work throughout
Fumigation was completed. All units have a separate electric meter installed by HELCO. Excellent rent roll.
The 3 structures are permitted and were built previously to Hawaii county building code in 1976 and are considered legal non-conforming use which does not need a variance from Hawaii county. See the attached addenda from the county confirming this. Also, there is a Survey attached.
Please schedule showings for after 10:30 am
For sale
Price cut: $15K (7/27)
$737,000
76 E Palai St, Hilo, HI 96720
5beds
2,092sqft
Triplex
Built in 1954
-- sqft lot
$726,900 Zestimate®
$352/sqft
$-- HOA
What's special
New faucetsNew carpentry work throughoutNew bathroomsNew flooringNew hardwareNew lighting fansNew roofing
- 133 days |
- 239 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Patricia Summers 8083452202,
Big Island Properties
Source: Hawaii Information Service,MLS#: 729656
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 3
- 1/2 bathrooms: 1
- 1/4 bathrooms: 2
Features
- Has fireplace: No
Interior area
- Total structure area: 2,092
- Total interior livable area: 2,092 sqft
Property
Parking
- Parking features: Assigned, Attached, Covered, Detached
Lot
- Size: 0.46 Acres
Details
- Parcel number: 3220550080000
- Zoning: RS-10
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- Year built: 1954
Utilities & green energy
- Sewer: Cesspool
- Utilities for property: Cable Available, Electricity Available, Phone Available
Community & HOA
Community
- Subdivision: WAIAKEA HIGHLAND VIEW LOTS
Location
- Region: Hilo
Financial & listing details
- Price per square foot: $352/sqft
- Tax assessed value: $333,800
- Annual tax amount: $3,705
- Date on market: 4/14/2026
- Listing terms: Cash,Construction Loan,Conventional
- Ownership: Full
- Electric utility on property: Yes
Estimated market value
Zestimate®
$726,900
Estimated sales range
$691,000 - $763,000
Rent Zestimate®
$1,912/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Price change | $737,000-2%$352/sqft |
Source: | ||
| 7/3/2026 | Price change | $752,012-2%$359/sqft |
Source: | ||
| 6/1/2026 | Price change | $767,360-2%$367/sqft |
Source: | ||
| 5/12/2026 | Price change | $783,020-2%$374/sqft |
Source: | ||
| 4/15/2026 | Listed for sale | $799,000$382/sqft |
Source: | ||
| 5/31/2025 | Listing removed | $799,000$382/sqft |
Source: | ||
| 4/11/2025 | Price change | $799,000-3.6%$382/sqft |
Source: | ||
| 2/28/2025 | Price change | $829,000-2.4%$396/sqft |
Source: | ||
| 10/12/2024 | Price change | $849,000-2.6%$406/sqft |
Source: | ||
| 7/29/2024 | Price change | $872,030-1.9%$417/sqft |
Source: | ||
| 7/23/2024 | Price change | $889,000-63.4%$425/sqft |
Source: | ||
| 7/10/2024 | Price change | $2,426,000+169.9%$1,160/sqft |
Source: | ||
| 7/8/2024 | Listed for sale | $899,000+461.9%$430/sqft |
Source: | ||
| 1/23/2008 | Sold | $160,000+433.3%$76/sqft |
Source: Public Record Report a problem | ||
| 7/19/2000 | Sold | $30,000$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $249,400 +3% |
| 2024 | $1,441 -0.3% | $242,100 +3% |
| 2023 | $1,445 +3% | $235,000 +3% |
| 2022 | $1,403 +3% | $228,200 +3% |
| 2021 | $1,363 +3% | $221,600 +3% |
| 2020 | $1,323 +3% | $215,100 +3% |
| 2019 | $1,284 +6.1% | $208,800 +3% |
| 2018 | $1,210 +3% | $202,700 +3% |
| 2017 | $1,175 | $196,800 +3% |
| 2016 | -- | $191,100 +3% |
| 2015 | -- | $185,500 +3% |
| 2014 | -- | $180,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 96720
Nearby schools
GreatSchools rating
- 8/10Waiakeawaena Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Waiakea Intermediate SchoolGrades: 6-8Distance: 1.4 mi
- 9/10Waiakea High SchoolGrades: 9-12Distance: 1.5 mi
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