Use the steps below to confirm that you are facing this issue, and to reset the PR_ATTR_HIDDEN property of the affected folder.
- Download and extract the MFCMAPI tool from http://mfcmapi.codeplex.com.
- Launch mfcmapi.exe and click OK through the intro screen.
- On the Session menu, click Logon.
- Select the Outlook profile for the affected mailbox, and click OK.
- Double-click the email address which represents the desired mailbox.
- In the left pane, navigate to the affected folder using the appropriate steps below for the type of Outlook profile you are using.
Cached Mode- Expand Root - Mailbox
- Expand IPM_SUBTREE
Online Mode- Expand Root Container
- Expand Top of information Store
- Locate and select the folder that appears missing in Outlook, and check the value of the PR_ATTR_HIDDEN to determine if it is set to True, as shown in the following figure:

- If PR_ATTR_HIDDEN shows a value of True, right-click the PR_ATTR_HIDDEN property and select Edit Property.
- Uncheck the Boolean checkbox and click OK.
- Close all MFCMAPI windows, and restart Outlook.
While you are looking at the folder properties you should also check PR_ATTR_SYSTEM. Its default value is also False, so if you find it currently set to True, after completing steps 1 through 9 above, you should change this value as well, using the additional steps below.
- If PR_ATTR_SYSTEM shows a value of True, right-click the PR_ATTR_SYSTEM property and select Edit Property.
- Uncheck the Boolean checkbox and click OK.
- Close all MFCMAPI windows, and restart Outlook.
https://support.microsoft.com/en-us/help/2992093/