Address
15 Olinda Rd, Makawao, HI
Price
$ 2,395,000
Property Attributes
- MLS#409724
- TypeSingle Family
- Listing Status ACTIVE
- CountyMAUI
- CityMakawao
- AreaMakawao-Olinda-Haliimaile
- Zip96768
- StyleSF w/Det Ohana or Cottage
- Year Built1984
- Price$ 2,395,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage1191
- Lot Size0.5375 Acres
Data Source:
REALTORS® Association of Maui (RAMAUI)
Property 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. Current rents are over $13,000/month. 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.
| Price History | |
|---|---|
| 6/24/2026 | Listed $2,395,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Utilities | Cable Connected |
| Possession | Subject to Rental Lease |
| Roof | Asphalt/Comp Shingle |
| Appliances | Range,Refrigerator,Solar Water Heating |
| Zoning | R-3 |
| Security Features | Smoke Detector(s) |
| Construction Materials | Double Wall,Frame |
| Year Built | 1984 |
| Electric | Overhead Electricity |
| View | Mountain(s) |
| Topography | Irregular |
| Levels | Two |
| Property Subtype | SF w/Det Ohana or Cottage |
| Parcel Number | 2240040110000 |
| Waterfront Features | None |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Garage Y/N | No |
| Status | ACTIVE |
| City | Makawao |
| Senior Community Y/N | No |
| Zoning Description | Residential |
| MLS Area | Makawao/Olinda/Haliimaile |
| Lot Size Units | Acres |
| Lot Size Square Feet | 23414 |
| Carport Y/N | No |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://justpendedhawaii.hd.pics/15-Olinda-Rd |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Virtual Tour | https://justpendedhawaii.hd.pics/15-Olinda-Rd |
| MobileHomeRemainsYN | No |
| Fee Simple / Leasehold | Fee Simple |
Interior Features
| Interior Amenities | Ceiling Fan(s),Ceiling Fan,Dining Area,Eat-in Kitchen,Family Room,Storage Room |
|---|---|
| Air Conditioning Y/N | No |
| Heating Y/N | No |
| Fireplace Y/N | No |
| Total Bedrooms | 5 |
| Total Baths | 4 |
Exterior Features
| Lot Features | Electricity Easement |
|---|---|
| Water Source | County Water Meter Ins |
| Lot Size Area | 0.5375 |
| Spa | No |
| Building Area Total | 1817 |
| Lot Size Acres | 0.5375 |
| Road Surface Type | Paved |
| Waterfront Y/N | No |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 96768
Price
Year Built
REALTORS® Association of Maui, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
