347 Iliahi St Hilo, HI 96720
Property details
About 347 Iliahi St
Fully functioning 15 unit multi-family building just a few minutes from downtown Hilo.<br><br>This permitted three-story building was converted from a single-family residence to a 15 unit congregate dwelling with three and a half bathrooms and three full kitchens to service each floor. The lower level consists of six units renting for $350/month. The second level consist of five units renting for $400/month. Lastly, the third floor consist of four units also renting for $400/month. <br>***Notice of rental increase has been given to all tenants. All units to be $600/month effective May 29th, 2025*** <br><br>The community of tenants are required to follow a set of house rules, and “good neighbor” principles guided by the mutual respect and trust of their fellow tenants. Such a methodology has been the cornerstone for the continued success of this prosperous multifamily rental business.<br><br>Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.
Highlights
(A)
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 3
- Interior: High Ceilings
- Total Bedroom Count: 15
- Parking: Other
- View: Mountain(s), Other
- List Price: $699,000
- Price/SqFt: $143
- HOA Amount: $0 Monthly
- Annual Tax Amount: $7,680
- Tax Year: 2024
- Year Built: 1918
- Living Area: 4,866 SqFt
- MLS Number: 705740
- MLS Name: Hawaii Information Service
- Office Name: Better Homes and Gardens Real Estate Hank Correa Realty
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Last updated on: 6/12/2025, 7:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$699,000
347 Iliahi St
$8,301
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $691,900 | $7,680 |
| 2023 | $646,900 | $7,180 |
| 2022 | $646,900 | $7,180 |
| 2021 | $541,800 | $6,339 |
| 2020 | $498,300 | $5,830 |
| 2019 | $456,000 | $4,250 |
| 2018 | $363,300 | $4,185 |
| 2017 | $357,700 | $4,185 |
History based on county public records data.
Nearby schools
7
Hilo Union Elementary School
Public District PK-6
0.4 mi
•506 Waianuenue Ave
8
Haaheo Elementary School
Public District PK-6
1.1 mi
•121 Haaheo Rd
4
Chiefess Kapiolani Elementary School
Public District PK-6
1.3 mi
•966 Kilauea Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,033. The majority of Hilo, HI residents have income less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
Figure Skating
NBA/WNBA
Where do the neighbors shop?
Burlington
Family Dollar
Chico's
Where do the neighbors go to eat?
Popeyes
Church's Chicken
Bob Evans
What do the neighbors drive?
Dodge
Cadillac
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
Jazz
News
Frequently asked questions
Living in Hilo, HI
Transportation in Hilo includes a public bus system that connects residents to key areas within the town and surrounding regions. While schedules vary, the bus service provides a reliable option for those without private vehicles. The area is moderately walkable, particularly in the downtown district, where shops and restaurants are concentrated. For longer distances, a network of roads and highways connects Hilo to other parts of the Big Island, and the Hilo International Airport facilitates air travel. Ride-sharing services are available, complementing the existing transportation options.
The community is served by a network of public and private educational institutions, ensuring a range of options for families. Healthcare services are available through local clinics and the Hilo Medical Center, which provides comprehensive care including emergency services. The public library system supports the town's educational and cultural needs. Retail and dining establishments offer a taste of local flavors and crafts, reflecting the diverse cultural influences of Hilo. City initiatives aim to maintain and improve these services to accommodate the needs of a growing population.
Hilo is celebrated for its laid-back atmosphere and rich cultural heritage. The community prides itself on its strong ties to native Hawaiian traditions and the spirit of Aloha. Residents and visitors alike enjoy the town's vibrant festivals, including the renowned Merrie Monarch Hula Festival, which showcases the island's deep cultural roots and artistic expression. The area's natural beauty, with its lush landscapes and nearby waterfalls, contributes to a serene and inviting community character.
Hilo offers a diverse range of housing options, from charming bungalows to spacious contemporary homes. The housing landscape is characterized by a mix of single-family residences and multi-family units, with single-family homes making up a significant portion of the market. Architectural styles reflect the island's unique cultural blend, with influences ranging from plantation-style to modern Pacific designs. The area has seen a range of development periods, with many homes dating back to the mid-20th century, providing a sense of historical charm.
About 347 Iliahi St
The listing price of 347 Iliahi St property is $699,000.
The property 347 Iliahi St is a house located in Hilo, Hawaii, 96720.
Active Listing: 347 Iliahi St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 347 Iliahi St are: Hilo Union Elementary School (GreatSchools Rating 7/10), Haaheo Elementary School (GreatSchools Rating 8/10), Chiefess Kapiolani Elementary School (GreatSchools Rating 4/10), Hilo Intermediate School (GreatSchools Rating 7/10), Waiakea Intermediate School (GreatSchools Rating 4/10), Prince Jonah Kalanianaole Elementary & Intermediate School (GreatSchools Rating 4/10), Connections - New Century Public Charter School (GreatSchools Rating 4/10), Hilo High School (GreatSchools Rating 4/10), Waiakea High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $7,680 (source: MLS/based on county public records data).
The property at 347 Iliahi St has 15 bedrooms and 3 full and 2 half bathrooms.
The property 347 Iliahi St is 4,866 SqFt (source: MLS/tax record).
The year of construction for 347 Iliahi St is 1918.
This home is located at 347 Iliahi St in Hilo, HI and zip code 96720. This 4,866 square foot home was built in 1918. Features: 15 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 22, 2024 and is currently priced at $699,000.
While more than 4 listings in Hilo, HI in May 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 13 were sold below. Between April and May 2025, Hilo, HI real estate market has seen increase in the number of listings by 2%. While the average time on the market in May 2025 was 122 days, the median list price was $550,000.