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8-Unit Multifamily Property
For Sale
$2,350,000

15 Olinda Rd, Makawao, HI 96768

Four separate buildings provide a varied residential layout with dedicated parking and shared laundry on site.

Property Size3,019 SF
Price / SF$778.40
Days on Market162

Property Features for 15 Olinda Rd

General Information

Standard status Active
Size 3,019 SF
Property subtype Multi Family

Units

Unit Mix 5 x one bedroom, 3 x two bedroom
Multifamily Units 8

Additional Details

Utilities to Site Yes
Tenant in Place Yes

Amenities

on-site laundry

Building Details

Building Size 3,019 SF
Buildings 4
Tenancy Multi
Listing Agency: eXp Realty
Listed By: Nykki Hardin · License #RS-85193
Source: Mauiliferealestate
Added: May 26 Changed: Nov 2 Last Checked: Oct 31 at 4:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

Rey
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Investment Insights

Based on property information with market context.

This multifamily property comprises 8 tenant-occupied units across 4 separate structures, with 5 one-bedroom units and 3 two-bedroom units. The property contains 3,019 square feet and sits on just over half an acre. On-site features include dedicated tenant parking and laundry facilities, and the site is served by 3 water meters. Improvements have been completed across the property.

Located in Makawao, the property is near shops, restaurants, and galleries. Its address is 15 Olinda Rd.

Key Highlights

  • 8 tenant‑occupied units in 4 separate structures
  • Unit mix includes 5 one‑bedroom units and 3 two‑bedroom units
  • 3,019 square feet on just over half an acre

Property Analytics

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Lease Details

8
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Demographics for 96768, HI

18,512
Population
6,816
Households
2.7
Avg Household Size
42
Median Age
33%
College-Educated
95%
High-School Grad
43.3 sq mi
ZIP Area
428
Density / Sq Mi
$105,942
Median Household Income
$47,226
Median Earnings
$1,794
Median Rent
$905,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Four separate buildings provide a varied residential layout with dedicated parking and shared laundry on site.
Where is this apartment building located?
The property is located at 15 Olinda Rd Makawao, HI.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 8 tenant‑occupied units in 4 separate structures; Unit mix includes 5 one‑bedroom units and 3 two‑bedroom units; 3,019 square feet on just over half an acre
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