15 Olinda Rd Makawao, HI 96768 Active
UPDATED: 06/26/2026 08:21 AM ON MARKET: 60 days on market
$2,395,000
5 Beds4 Baths1,817 SqFt
Key Details
Property Type Single Family Home
Sub Type SF w/Det Ohana or Cottage
Listing Status Active
Purchase Type For Sale
Square Footage 1,817 sqft
Price per Sqft $1,318
MLS Listing ID 409724
Bedrooms 5
HOA Y/N No
Year Built 1984
Lot Size 0.537 Acres
Acres 0.5375
Property Sub-Type SF w/Det Ohana or Cottage
Property Description
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.
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