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$169,000
2 Beds 1 Baths 733107 MLS ['Fee Simple'] Tenure Hilo Terrace BLDG.
PRICED to SELL.....and ready for its next owner! Located on the second floor of Hilo Terrace, this 2-bedroom, 1-bath condominium offers an affordable opportunity to own in the heart of Hilo. The unit is in largely original condition, providing a great opportunity for a buyer who wants to update and personalize the space over time. The unit features two bedrooms, one full bathroom and an assigned parking stall. Hilo Terrace amenities include a swimming pool and community coin-operated laundry facilities. Monthly maintenance fees include water, sewer, garbage, propane, pest control, and maintenance of the building exterior and common areas.* Conveniently located on Waianuenue Avenue, Hilo Terrace offers easy access to Downtown Hilo, schools, UH Hilo, Hilo Benioff Medical Center, shopping, restaurants and Hilo Bayfront. Whether you're looking for an affordable primary residence, a Hilo home base, or an investment opportunity, this unit offers location, convenience and plenty of potential. *Buyers and Buyers' agents to verify maintenance fees, inclusions and all information deemed material to their purchase.

485 Waianuenue Ave Unit 201, HILO

Listing courtesy of Equity Hawaii Real Estate LLC.

$255,000
2 Beds 1 Baths 733101 MLS ['Fee Simple'] Tenure Hilo Terrace BLDG.
Turnkey and fully furnished, this lovely 2-bedroom, 1-bath condominium at Hilo Terrace offers a rare opportunity to step into an established, operating Short-Term Vacation Rental. Unit 109 is being offered completely furnished and ready for immediate use, whether as a successful vacation rental, second home, or flexible investment property. With an existing STVR in place, the next owner can enjoy the convenience of acquiring a property that is already set up for guests rather than starting from scratch. Hilo Terrace has also benefited from significant recent capital improvements throughout the complex. The in-ground pool and laundry facilities were refinished in 2019, the parking lot was asphalted in 2024, and new roofs were installed on all buildings in 2023.

485 Waianuenue Ave Unit 109, HILO

Listing courtesy of Hawai'i Modern Realty.

$239,900
1 Baths 202616349 MLS FS - Fee Simple Tenure Orchid Manor BLDG.
E Komo Mai, come see your new luxury designed condo in a great location in Hilo close to everything. This condo unit has been completely renovated to an upscale modern interior design. The newly designed kitchen has new cabinets, all soft close, quartz countertops, and custom finishes with a large island with a lot of cabinet/storage space. The bathroom has new marble style tile throughout. with all new cabinetry. Custom Microcement flooring throughout the unit makes for easy cleaning and long lasting design. All new light fixtures and plumbing fixtures for a sleek modern design. Lights in the kitchen and bathroom have a "Sky Light" feature to give you a feel of the outside sky. Appliances include: new refrigerator, new microwave with exhaust vent, and new air conditioner. The Orchid Manor complex has an onsite pool, laundry facility, trash service, cable and internet, sewer service, water, and electricity included.

355 Kalanianaole Avenue Unit 103, Hilo

Listing courtesy of Compass.

$170,000
2 Beds 1 Baths 731501 MLS ['Fee Simple'] Tenure Hilo Terrace BLDG.
Your opportunity to own an end unit at Hilo Terrace Condominium. This 2 bedroom, 1 bathroom unit is fee simple, located on the second floor, at the end of the building and even has ocean views. The property is in need of some updating and repairs and is currently being rented out making this a great investment property. Each unit comes with its own assigned parking space on the refinished asphalted parking lot a few years ago and is located near the front of the building. The complex also has shared laundry facilities, vending machines, an updated pool (2019), mailboxes and an on-site manager. The monthly maintenance fees include gas, water, sewer, common area maintenance, common area electricity, and association insurance. Hilo Terrace is located blocks from downtown Hilo and is right next door to Hilo Intermediate and High Schools. It is also close to shopping, beaches, doctors, the hospital and airport.

485 Waianuenue Ave Unit D-219, HILO

Listing courtesy of Century 21 Homefinders of Hawaii.

$160,000
2 Beds 1 Baths 731309 MLS ['Leasehold'] Tenure Hilo Terrace BLDG.
This is a leasehold property. Welcome to this gorgeous two-bedroom, one-bathroom condo in the desirable Hilo Terrace community, offering the perfect mix of island charm and city convenience. The living room glows with gorgeous natural light, leading into a super cute kitchen layout complete with hardwood cabinets, a fridge and a stove, and plenty of room to whip up your favorite meals. Enjoy spacious bedrooms with large closets and windows that open. There are an additional two closets in the condo to help handle all your storage goals. Location perks abound as you are situated directly across the street from local schools and just minutes from the bustling shops and eateries of downtown Hilo. Combining comfort with practicality, the property also features a pool, on-site trash disposal, municipal water, available mail service and a laundry facility. Fully furnished and move-in ready. Furniture can be purchased for an additional fee. HOA fees are about $750, which includes: HOA fees, reserve fee, gas, water, trash, and leasehold fee. Electrical is additional but billed through the monthly HOA statement Leasehold: This is a leasehold, meaning there is a $100/month leasehold fee to cover the lease fee, which can be purchased for an additional $55,000 +/-

485 Waianuenue Ave Unit 122, HILO

Listing courtesy of Bizwala.

$249,000
2 Beds 1 Baths 730196 MLS ['Fee Simple'] Tenure Hilo Terrace BLDG.
Well-located 2-bedroom, 1-bath condominium offering exceptional convenience to downtown Hilo. This larger-than-average unit is turnkey and furnished, featuring vinyl flooring, kitchen cabinetry and appliances, and a well-maintained bathroom—ideal for immediate occupancy or rental potential. Positioned in desirable Building K, the unit enjoys close proximity to the community pool, shared laundry facilities, and mailboxes—adding a high level of everyday convenience within the complex. Situated near key amenities including the public library, elementary through high schools, parks, the Boys & Girls Club, post office, dining options, medical facilities, and Bayfront beaches—providing easy access to daily essentials and recreation. The complex features an on-site manager, secured mailboxes, a swimming pool refurbished in 2019, and shared laundry facilities. The assigned parking stall is located in a recently asphalted lot. Monthly maintenance fees cover gas, water, sewer, common area electricity, association insurance, and upkeep of shared spaces. Electricity and trash service are billed separately. Cable, internet, and phone services are the responsibility of the owner or tenant.

485 Waianuenue Ave Unit 249, HILO

Listing courtesy of Hokulani Realty LLC.

$199,000
2 Beds 1 Baths 729758 MLS ['Fee Simple'] Tenure Hilo Terrace BLDG.
Location, location, location. This charming 2-bedroom, 1-bathroom Hilo Terrace Condominium offers comfortable living just up the road from Downtown Hilo. You’ll find restaurants, schools, grocery store, a hospital, Rainbow Falls, and Hilo Bay, approximately within a mile. Residents can also enjoy access to a refreshing swimming pool, perfect for relaxation and recreation. Some units in this complex have an STVR permit and it may be possible to get one. This property is Ideal for those seeking easy access to essential amenities and natural attractions alike. It could provide a balanced lifestyle in a convenient location Don’t miss the opportunity to make this your new home or rental investment.

485 Waianuenue Ave Unit 113, HILO

Listing courtesy of Property Professionals Hawaii LLC..

$595,000
4 Beds 4 Baths 202600583 MLS FS - Fee Simple Tenure
Currently installing a new roof and updating front lanai with both front and back railings being updated. Recent electrical updates are complete and scheduling plumbing updates. This Classic style home is in a great location in the heart of Hilo town walking distance to the town's famous farmer's market and recreation areas of Lincoln park, tennis courts, Mo'oheau park and Bayfront. The Central fire station is just a block away along with restaurants, grocery stores, gas stations, and medical, bank, office, and professional services buildings. The home features 3 bedrooms upstairs each with their own private bathroom with a large front lanai entrance with beautiful ocean views of Hilo's famous Bayfront. The upstairs front door enters you into a quaint front living room with the kitchen at the end of the hallway with its own private back lanai. The upstairs unit has 9 foot ceilings and hardwood floors with the old vintage design of yesteryear. The downstairs studio is large and spacious and has a unique and spacious bathroom with tile floors. Rental info: Upstairs $2,500 + utilities month to month, back downstairs $850/mo now vacant.

301 Ponahawai Street, Hilo

Listing courtesy of Compass.

$595,000
4 Beds 4 Baths 720363 MLS ['Fee Simple'] Tenure
New roof replacement and front lanai floor newly updated and painted with both front and back railings update complete. Recent electrical updates are complete and scheduling plumbing updates. This Classic style home is in a great location in the heart of Hilo town walking distance to the town's famous farmer's market and recreation areas of Lincoln park, tennis courts, Mo'oheau park and Bayfront. The Central fire station is just a block away along with restaurants, grocery stores, gas stations, and medical, bank, office, and professional services buildings. The home features 3 bedrooms upstairs each with their own private bathroom with a large front lanai entrance with beautiful ocean views of Hilo's famous Bayfront. The upstairs front door enters you into a quaint front living room with the kitchen at the end of the hallway with its own private back lanai. The upstairs unit has 9 foot ceilings and hardwood floors with the old vintage design of yesteryear. The downstairs studio is large and spacious and has a unique and spacious bathroom with tile floors. Upstairs 3/3 and back downstairs studio units previously rented long term ($2,500 plus utilities and $850 a month respectively) and possible bottom front unit available (currently an office with its own bathroom with shower) for new owner or to rent out as well.

301 Ponahawai St, HILO

Listing courtesy of COMPASS.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.