About 15 Olinda Rd
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.
Features of 15 Olinda Rd
| MLS® # | 409724 |
|---|---|
| Price | $2,395,000 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Square Footage | 1,191 |
| Land Tenure | Fee Simple |
| Acres | 0.54 |
| Year Built | 1984 |
| Status | Active |
Additional Information
| Date Listed | May 26th, 2026 |
|---|---|
| Days on Market | 43 |
| Land Tenure | Fee Simple |
| Short Sale | No |
| RE / Bank Owned | No |
Community Information
| Address | 15 Olinda Rd |
|---|---|
| City | Makawao/Olinda/Haliimaile |
| State | HI |
| Zip Code | 96768 |
Amenities
| Short Term Rental Allowed | No |
|---|---|
| View | Mountain(s) |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), Ceiling Fan, Dining Area, Eat-in Kitchen, Family Room, Storage Room |
|---|---|
| Appliances | Range, Refrigerator, Solar Water Heating |
| Fireplace | No |
| Stories | Two |
Listing Details
| Office | eXp Realty |
|---|---|
| Contact Info | Cell: 808-707-0504 |