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8-Unit Multifamily Property
For Sale
$2,395,000

15 Olinda Rd, Makawao, HI 96768

Multi-Dwelling Res, Makawao, HI

Property SizeContact for details
Lot Size0.54 Acres
Days on Market124

Property Features for 15 Olinda Rd

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 11
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 8, Bathroom 2, Bedroom 10, Bathroom 4, Bathroom 6, Bedroom 2, Bedroom 3, Bedroom 5, Bathroom 3, Bathroom 1, Bedroom 9, Bathroom 8, Bedroom 6, Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 11, Bathroom 5, Bathroom 7
Subdivision Makawao/Olinda/Haliimaile
Standard status Active
Lot size 0.54 Acres

Amenities

dedicated parking
on-site laundry
Listing Agency: eXp Realty
Listed By: Nykki Hardin
Added: May 26 Changed: Sep 14 Last Checked: Sep 26 at 6:06AM
MLS# 409725

Copyright © 2026 Realtors ® Association of Maui, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property comprises 4 separate structures containing 8 tenant-occupied units. The unit mix includes 5 one-bedroom residences and 3 two-bedroom residences, creating a varied rental configuration within one property. Dedicated parking and on-site laundry serve the occupants, while 3 water meters support the compound’s separate structures.

The property occupies 0.5375 acres at 15 Olinda Rd in Makawao, Hawaii. Its setting places residents near Makawao shops, restaurants, and galleries. The offering includes established rental occupancy and improvements completed across the property, with listing photographs representing one of the 8 units.

Key Highlights

  • 8 tenant‑occupied units across 4 separate structures
  • Unit mix includes 5 one‑bedroom and 3 two‑bedroom units
  • 0.5375‑acre multifamily property at 15 Olinda Rd, Makawao, HI 96768

Property Analytics

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Current Use

Apartment buildings

Lease Details

8
Residential units
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Four-structure rental property with on-site laundry and dedicated parking.
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 $2,395,000.
What are key features of this property?
This property features: 8 tenant‑occupied units across 4 separate structures; Unit mix includes 5 one‑bedroom and 3 two‑bedroom units; 0.5375‑acre multifamily property at 15 Olinda Rd, Makawao, HI 96768
More about this property
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