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54 DERBY LN, HILO, HI 96720

This charming Hilo residence stands proudly in the heart of town.

Listing Provided by: Property Professionals Hawaii LLC.
MLS #: 723760
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
Property photo
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Property photo
Property photo

Description

This charming Hilo residence stands proudly in the heart of town, quietly nestled near the historic bayfront and just minutes from the Hilo Farmer's Market, UH Hilo, shops, cafes, and schools. The 3-bedroom, 1-bath home sits on one of two side-by-side lots, both zoned Duplex/Double-family (RD-3.75), offering flexibility and options. Both parcels included in the listing price. This rare in-town opportunity is ideal for those looking to customize a property with potential for a variety of residential uses. Enjoy the lush Hilo climate and the convenience of nearby parks, beaches, and essential services all in an established neighborhood. Listing must be sold with parcel -047.

Property Details

Price: $435,000
Sold Price:
Address: 54 DERBY LN, HILO, HI 96720
Ownership: Full
Status: Active
Category: Residential
Type:

Total Bedrooms: 3
Total Bathrooms: 1
Full Baths: 1
Living Area: 880 Square Feet

Listed by: Property Professionals Hawaii LLC.
Year Built: 1967
Levels:

Features and Amenities

Interior Features:
Exterior Features:
View:
Pool:
Pool Features:

Appliances: Dishwasher, Range, Refrigerator, Washer/Dryer Stacked
Fireplace Features:
Flooring:
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: None
Additional Structures:
Home Warranty:

Community Information

Project Name:
Subdivision Name: FAIRWIEW LOTS
Association Fee: $0 Monthly
Stories:
Year Established:
Lava Zone: 3
Flood Zone: X

Land Information

Lot Size: 3,600 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features: Grassy, Rocky
Frontage Type:
Roads: County, Paved
Roads Frontage Type:
Zoning: RD-3.75
Horse Amenities:

Additional Details

Assessed Tax Value: $249,600
Annual Tax: $1,485
Tax Year: 2025
Tax Lot: 15
Tax Block:

Utilities: Electricity Available, Phone Available, Sewer Connected
Cooling:
Heating:
Sewer:
Water:
Solid Waste Disposal: None

First Listed September 4, 2025, 9:47 am
Last Updated October 29, 2025, 8:18 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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