Amazing investment opportunity. 4 buildings with 8 units. Located in the heart of Makawao town. Walking distance to shops, bakery, art galleries and more. Mature fruit trees in lush landscaping. Washroom and parking lot for tenant's convenience. Beautiful new paint to show off each unique building. Many upgrades. 3 water meters. Not a drive by. Live, rent or develop! Call your favorite realtor to explore the possibilities.
For sale
$2,500,000
15 Olinda Rd, Makawao, HI 96768
10beds
8baths
3,019sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$828/sqft
$-- HOA
What's special
Beautiful new paintLush landscapingMature fruit trees
- 210 days |
- 471 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: February 09, 2026 at 10:58am
Listing Provided by:
Claire C. Gibo RB-17272 808-357-3386,
Claire's Realty LLC
Source: RAM,MLS#: 406999
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
Rooms
- Room types: Storage Room
Appliances
- Included: Range, Refrigerator
Features
- Has fireplace: No
Interior area
- Total structure area: 3,019
- Total interior livable area: 3,019 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Lanai/Deck
- Has view: Yes
- View description: Mountain(s)
- Waterfront features: None
Lot
- Size: 0.54 Acres
- Topography: Steep Slope
Details
- Parcel number: 2240040110000
- Zoning: R-3
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Aluminum/Steel,Shingle
Utilities & green energy
- Electric: Overhead Electricity
- Sewer: Cesspool, Septic Tank
- Water: Public, County Water Meter Ins
- Utilities for property: Phone Connected, Cable Connected
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Makawao
Financial & listing details
- Price per square foot: $828/sqft
- Tax assessed value: $1,555,600
- Annual tax amount: $4,778
- Date on market: 9/2/2025
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,163/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2025 | Price change | $2,500,000-7.4%$828/sqft |
Source:  RAM #406999 Report a problem | ||
| 9/2/2025 | Listed for sale | $2,700,000+120.4%$894/sqft |
Source: RAM #406999 Report a problem | ||
| 8/27/2021 | Sold | $1,225,000+165.7%$406/sqft |
Source: RAM #390867 Report a problem | ||
| 7/25/2008 | Sold | $461,133-12.2%$153/sqft |
Source: Public Record Report a problem | ||
| 6/16/2005 | Sold | $525,000+52400%$174/sqft |
Source: Public Record Report a problem | ||
| 5/6/2004 | Sold | $1,000-99.9% |
Source: Public Record Report a problem | ||
| 10/2/2003 | Sold | $700,000+69900%$232/sqft |
Source: Public Record Report a problem | ||
| 3/30/1998 | Sold | $1,000-99.8% |
Source: Public Record Report a problem | ||
| 12/26/1997 | Sold | $450,000+50%$149/sqft |
Source: Public Record Report a problem | ||
| 11/30/1994 | Sold | $300,000+71.4%$99/sqft |
Source: Public Record Report a problem | ||
| 5/6/1994 | Sold | $175,000$58/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,778 +35.9% | $1,555,600 +19.4% |
| 2023 | $3,517 | $1,303,300 +180% |
| 2022 | -- | $465,500 -9.9% |
| 2021 | $2,817 +3.9% | $516,900 -0.3% |
| 2020 | $2,712 +2.4% | $518,500 +7.1% |
| 2019 | $2,647 | $484,200 +1% |
| 2018 | $2,647 +1.9% | $479,600 |
| 2017 | $2,598 +5.9% | -- |
| 2016 | $2,453 | $462,900 +11.6% |
| 2015 | -- | $414,600 -27.9% |
| 2014 | $1,602 | $575,100 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$12,873/mo
Principal & interest
$12560
Property taxes
$313
More affordability tools
Climate risks
Neighborhood: 96768
Nearby schools
GreatSchools rating
- 4/10Makawao Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Samuel Enoka Kalama Intermediate SchoolGrades: 6-8Distance: 0.7 mi
- 5/10King Kekaulike High SchoolGrades: 9-12Distance: 2.1 mi
Local experts in 96768
- Hawaii
- Maui County
- Makawao
- 96768
- 15 Olinda Rd
Nearby cities
Nearby zip codes
Other Makawao Topics
