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Hilo Terrace #149 (Hilo)

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Photo 1 of 485 Waianuenue Ave #149, Hilo
Photo 2 of 485 Waianuenue Ave #149, Hilo
Photo 3 of 485 Waianuenue Ave #149, Hilo

485 Waianuenue Ave #149, Hilo

Description
Great Investment or First-time Homeowner Opportunity. Rarely available 2-bedroom / 1 bath condo in (concrete) Building ‘K’, on the ground floor. This unit has the convenience of a back door which is not available with the majority of the units at Hilo Terrace and is 1 of only 4 ground floor units in this building. There is also an Onsite Resident Manager, mailboxes, 1 assigned parking stall, laundry facilities and swimming pool for your enjoyment. Conveniently and centrally located to Schools (elementary, intermediate & high), Public Library, Churches, Park, Restaurants, Grocery shopping and downtown Hilo. Monthly maintenance fee of $300 includes: gas, water, sewer, association insurance and maintenance of the common areas. Electricity and a pro-rated trash amount are billed separately. Property to be conveyed in “As-Is” condition. Fee Simple purchase is available. Lease expires in 2028.
Past Activity
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.40
  • Price / ft²: $61
  • Zoning: CG-20
  • Amenities: Dryer, Range, Refrigerator, Washer
  • TMK: 3230160660095
  • Tax Assessed Value: $39,500
  • Courtesy: Clark Realty - Hilo / 8089900481
  • MLS: 617616
About Hilo Terrace
  • Address: 485 Waianuenue Ave, Hilo, HI 96720.
     
  • Built: 1963, 100 Units, 2 Bedrooms, 10 2-Story Buildings, 3.5 Acre.
     
  • Amenities: Pool.
     
  • Short-term Vacation Renting: Not Allowed.

Hilo Terrace is a charming condominium complex with a prime location in Hilo. It’s located just moments away from the downtown shopping area, farmer’s market, schools and Hilo Bayfront Beach Park.

Originally a leasehold property, the majority of units have converted to fee simple ownership in early 2025. For added comfort, a resident manager is availa

  ... Read more
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2026 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on January 14, 2026.
Other Hilo Terrace Listings
$179,950
Hilo Terrace #241
2 Bds | 1 Ba
695 ft²
Other Hawaii Condos
Waikiki
$39,000
Aloha Lani #A-60
Studio
200 ft²
  • Sold 10/30/18 at $45,000
    (List Price: $50,000)
Description
Great Investment or First-time Homeowner Opportunity. Rarely available 2-bedroom / 1 bath condo in (concrete) Building ‘K’, on the ground floor. This unit has the convenience of a back door which is not available with the majority of the units at Hilo Terrace and is 1 of only 4 ground floor units in this building. There is also an Onsite Resident Manager, mailboxes, 1 assigned parking stall, laundry facilities and swimming pool for your enjoyment. Conveniently and centrally located to Schools (elementary, intermediate & high), Public Library, Churches, Park, Restaurants, Grocery shopping and downtown Hilo. Monthly maintenance fee of $300 includes: gas, water, sewer, association insurance and maintenance of the common areas. Electricity and a pro-rated trash amount are billed separately. Property to be conveyed in “As-Is” condition. Fee Simple purchase is available. Lease expires in 2028.
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2026 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on January 14, 2026.
    • Address: 485 Waianuenue Ave, Hilo, HI 96720.
       
    • Built: 1963, 100 Units, 2 Bedrooms, 10 2-Story Buildings, 3.5 Acre.
       
    • Amenities: Pool.
       
    • Short-term Vacation Renting: Not Allowed.

    Hilo Terrace is a charming condominium complex with a prime location in Hilo. It’s located just moments away from the downtown shopping area, farmer’s market, schools and Hilo Bayfront Beach Park.

    Originally a leasehold property, the majority of units have converted to fee simple ownership in early 2025. For added comfort, a resident manager is availa

      ... Read more
    Other Hilo Terrace Listings
    $179,950
    Hilo Terrace #241
    2 Bds | 1 Ba
    695 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, our network of agents can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.