$2,395,000
 $12,857 est/mo Sourced by Back At You

15 Olinda Rd,Makawao, HI 96768

Makawao, HI 96768

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Description

Also listed under Multi-Dwelling (MLS 409725). This unique multi-unit property (4 structures, 8 units) offers a rare opportunity for investors seeking strong cash flow and long-term upside. There are 5 one bedroom units, and 3 two bedroom units. Situated on just over half an acre, the property features four separate structures with a total of eight tenant-occupied units, creating an income-producing compound in one of Upcountry Maui's most desirable locations. Tenants enjoy dedicated parking, on-site laundry, and the convenience of being moments from Makawao's shops, restaurants, galleries, and local charm. Numerous improvements have already been completed, making this an attractive opportunity for an investor looking to step into an established rental property with immediate income potential. The property also has 3 water meters. Listing includes photos of one of the 8 units. A truly one-of-a-kind upcountry investment property.

Details

MLS #409724
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1984
Days On Site130
Listing Provided ByeXp Realty | Nykki Hardin
TypeSF w/Det Ohana or Cottage

Features

Bed(s)5
Bath(s) 4 Total
SQ Feet1,191
Story(s)2
ZoningR-3
Acreage0.54
Property ViewYes

Interior

Interior FeaturesCeiling Fan(s), Ceiling Fan, Dining Area, Eat-in Kitchen, Family Room, Storage Room
AppliancesRange, Refrigerator, Solar Water Heating
Fireplace Yes / NoNo

Exterior

RoofAsphalt/Comp Shingle
Security FeaturesSmoke Detector(s)

Parking

Garage Yes / NoNo

Utilities

UtilitiesCable Connected
ElectricOverhead Electricity
SewerSeptic Tank

Area Information

StateHI
CityMakawao
Zip Code96768
AreaMaui
SubareaMakawao | Olinda | Haliimaile
Community NameHI
Listing VS Median (in HI)
Price:
$2,395,000
low | high
Med:
$1,100,000
100% of Average
sqft:
1,191
low | high
Med:
523
100% of Average
$ / sqft:
$2,011
low | high
Med:
$2,103
45.408295644607% of Average
On site:
130
low | high
Med:
33
100% of Average
Sourced by Back At You

Market Activity 96768

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Additional Information


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This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. The listing broker’s offer of compensation is the dollar amount or percentage of sale price the listing broker offers to pay a broker who (a) participates in the multiple listing service where the listing broker filed the listing and (b) procures the buyer for a successful transaction. Copyright, 2026, REALTORS® Association of Maui, Inc. All Rights Reserved.

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Learn More About This Property

StateHI
CityMakawao
Zip Code96768
AreaMaui
SubareaMakawao | Olinda | Haliimaile
Community NameHI
Listing VS Median (in HI)
Price:
$2,395,000
low | high
Med:
$1,100,000
100% of Average
sqft:
1,191
low | high
Med:
523
100% of Average
$ / sqft:
$2,011
low | high
Med:
$2,103
45.408295644607% of Average
On site:
130
low | high
Med:
33
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 2:31:31 AM PDT
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