Jason Gilbert - Coldwell Banker Island Properties Logo
$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 Residential MLS #409724. This unique multi-structure, multi-unit property 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 4 separate structures with a total of 8 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 #409725
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Days On Site126
Listing Provided ByeXp Realty | Nykki Hardin
TypeMulti Family

Features

Bed(s)11
Bath(s) 8 Total
SQ Feet3,019
ZoningR-3
Acreage0.54
Property ViewYes

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:
3,019
low | high
Med:
1,368
100% of Average
$ / sqft:
$793
low | high
Med:
$811
47.823255439691% of Average
On site:
126
low | high
Med:
160.5
78.504672897196% of Average
Sourced by Back At You

Market Activity 96768

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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.

Contact

Learn More About This Property

Jason Gilbert

Jason D. Gilbert

Coldwell Banker Island Properties

RS-83325 (808) 866-3074gilbert.jason86@gmail.com
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:
3,019
low | high
Med:
1,368
100% of Average
$ / sqft:
$793
low | high
Med:
$811
47.823255439691% of Average
On site:
126
low | high
Med:
160.5
78.504672897196% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.796M - $2.993M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
1102 Mailuna Pl Property Photo 1
$1,569,500
1102 Mailuna Pl
Makawao, HI 96768
61 Kee Rd Property Photo 1
$3,400,000
61 Kee Rd
Makawao, HI 96768
Listing Updated: September 29, 2026 at 2:31:31 AM PDT

Jason Gilbert - Coldwell Banker Island Properties