242 S Olive, Mesa, AZ 85204
OFF MARKET

242 S Olive
Mesa, AZ 85204

  • 2 Beds
  • 1 Bath
  • 840 sqft

$431,800

Trulia Estimate
as of Jun 14, 2026
Est. Refi. Payment $2,368/mo*
Refinance Your Home

$431,800

Trulia Estimate
as of Jun 14, 2026
Est. Refi. Payment $2,368/mo*
Refinance Your Home
2 Beds
1 Bath
840 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Beautifully remodeled 2 bedroom 1 bathroom home near Downtown Mesa available for rent.

Almost everything in this rental is brand new and has never been used!

Some of the new items include: wood-look tile flooring, granite countertops, white shaker kitchen cabinets, tile shower, tub, toilet, stainless steel refrigerator, stove/oven, and microwave, ceiling fans in the living room and bedrooms, washer, dryer, electrical throughout, drywall throughout, and more...

This unit is one half of a duplex building on a quaint and quiet street in the Temple Villa neighborhood. The home is walking distance to the light rail, Mesa Arizona Temple, Mesa Arts Center, parks, and shopping and restaurants in Downtown Mesa.

Washer and dryer included. Big carport, big grass backyard. Electric and gas paid by tenant, water and lawn care paid by owner.

** Requirements **
Tenant must have 3x monthly rent in monthly gross income ($4350)

Credit score of 600+

No prior evictions

Must be able to pass background check

Fees and dues to move in: $45 application fee + $1450 security deposit + $1450 first months rent

** No Pets **

** No Smoking **

1 year lease. Rent paid monthly on the 1st of the month.

Tenant to pay electric and gas. Owner to pay water and lawn care.

No pets. No smoking.

Fees/costs to lease:
$45 application fee for background check and credit check.
$1450 security deposit.
$1450 first month's rent.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 242 S Olive

Interior Features

Heating & Cooling
Heating: Forced AirCooling System: OtherHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile
Appliances & Utilities
DryerWasher

Exterior Features

Exterior Home Features
Roof: OtherExterior: Cement Concrete
Parking & Garage
Parking: Off Street

Property Information

Year Built
Year Built: 1957Year Updated: 1957
Property Type / Style
Property Type: Apartment

Community

Units in Building: 2

Lot Information

Lot Area: 8545 sqft

Price History for 242 S Olive

DatePriceEventSource
05/04/2024ListingRemovedZillow Rentals
04/13/2024$1,475Listed For RentZillow Rentals
05/19/2022ListingRemovedZillow Rental Manager
05/06/2022$1,450Listed For RentZillow Rental Manager
09/20/2021$340,000Sold
ARMLS #6247684
09/18/2021$360,000PendingARMLS #6247684
09/18/2021$360,000PendingToActiveARMLS #6247684
09/11/2021$360,000PendingARMLS #6247684
06/09/2021$360,000Listed For SaleARMLS #6247684
01/30/2018$160,000Sold
ARMLS #5690295
11/30/2017$175,000Listed For SaleAgent Provided

Market trends in Mesa

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$431K
$1.7KMoM
Sale-to-List Price
98.8%
0.2%MoM
Price per sq ft
$259
$2MoM
Available listings
2004
77MoM
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Property Tax and Assessment

Year2025
Tax$867
Assessment$353,800
Home facts updated by county records

Homeowner tools

Estimated monthly rent$1,279/mo
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Homes for rent near 242 S Olive

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Comparable Sales for 242 S Olive

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
456 S Horne, Mesa, AZ
0.34
Apartment
$260,000
12/12/25
3
2
1,653
520 N STAPLEY Drive #134, Mesa, AZ
1.12
Apartment
$235,000
09/03/25
2
2
879
520 N STAPLEY Drive #256, Mesa, AZ
1.14
Apartment
$250,000
08/28/25
2
2
942
520 N Stapley Dr #189, Mesa, AZ
1.15
Apartment
$165,000
04/07/26
2
2
942
520 N STAPLEY Drive #117, Mesa, AZ
1.14
Apartment
$215,000
11/05/25
2
2
879
520 N STAPLEY Drive #285, Mesa, AZ
1.18
Apartment
$190,000
02/27/26
1
1
694
520 N STAPLEY Drive #140, Mesa, AZ
1.13
Apartment
$170,000
11/10/25
2
1
942
930 N MESA Drive #1023, Mesa, AZ
1.58
Apartment
$250,000
09/03/25
2
2
1,000
930 N MESA Drive #1045, Mesa, AZ
1.58
Apartment
$250,000
07/10/25
2
2
1,040
1224 E Evergreen St #207, Mesa, AZ
1.69
Apartment
$190,000
11/12/25
2
1
883

Nearby homes

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Assigned Schools

These are the assigned schools for 242 S Olive.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Mesa

At least 3340 Trulia users voted on each feature.

  • 87 % Say it's dog friendly

  • 85 % Say there are sidewalks

  • 85 % Say car is needed

  • 78 % Say parking is easy

  • 74 % Say there's holiday spirit

  • 70 % Say yards are well-kept

  • 69 % Say streets are well-lit

  • 65 % Say kids play outside

  • 63 % Say it's quiet

  • 63 % Say people would walk alone at night

  • 58 % Say it's walkable to grocery stores

  • 52 % Say it's walkable to restaurants

  • 46 % Say neighbors are friendly

  • 46 % Say they plan to stay for at least 5 years

  • 31 % Say there's wildlife

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Marcus W
    "nice people that are respectful and polite and the best thing is everyone stays motivated to live for the better"
    0
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  • Evelyn Gutierrez
    "Quiet and peaceful neighborhood I have lived here for 5 years. I am looking to stay in this same area"
    0
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  • Laura Gallagher
    "Activities by HOA, bingo, sunset on patio, dive in movies, etc. Different clubs to participate and Food trucks. "
    0
    Flag
  • Stefan Rodriguez
    "Fast and easy direct to the highway , I also enjoy the new side roads being developed and freeing up traffic jams "
    0
    Flag
  • P7r7pthdct
    "Relatively quiet and family friendly. Resident walk, run and bike in the area. Near shopping areas and schools."
    0
    Flag
  • Ryan And Shelby Webb
    "It’s great! Lots of nice people friendly Great location Dobson ranch is awesome location, small town feel "
    0
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  • Kbpinkney60
    "Not like pick up your dogs poop. Like dog friendly! You see people with children and enjoying their pet life ."
    0
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  • Kjones146
    "Some parts of Mesa are great to raise family. While some parts are questionable. Such as the Broadway and Dobson are. Take note of where you’re moving to in Mesa and do research. "
    1
    Flag
  • Ixyyltia
    "Lived here 2-1/2 years. Friendly neighbors who pull together when needed and support privacy other times."
    0
    Flag
  • Kjones146
    "The train and bus stops are very close to me. For sure easy to get around. Commute is easy. I work from home so public transportation isn’t used much. "
    0
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  • Mac Watkins
    "Amazing neighborhood sought after area with new and exciting developments happening. Residential and commercial "
    0
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  • Mark Ortiz
    "Public transit and various grocery store options make the neighboorhood unique. There is options for getting around and running errands during the day. "
    0
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  • Linds9481
    "There are a lot of different paths and streets you can go down, most of which have very little traffic making it a good neighborhood to walk your dogs. "
    0
    Flag
  • Apaulinolmt
    "I feel safe Close to restaurants and bars Lots of parks nearby Schools in the area are good Close to gyms "
    0
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  • Kiyanabkennedy
    "There is no dog area to have the dogs use the bathroom and access to dog bags. Could use more shade although there is a lot of grass to run up and down with ur pup."
    0
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  • Madi Cotter
    "Plenty of parks and very nice folks, everybody takes care of everybody. It’s real nice, plus everybody usually has a ring door cam "
    0
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  • Alisha Crowther
    "There is a grassy field by the canal that I let my dog run round at! And the canal is right there which is nice"
    0
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  • Shani Wright
    "I live in the quiet part of a large apartment home and I would stay, but it’s got to small for us. Would love to stay in the area but homes to rent are hard to come by"
    0
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  • Roxanne Theaux
    "There are always events happening, many well maintained parks and downtown Mesa is walkable and filled with charming shops, restaurants and museums. "
    0
    Flag
  • Merilee Fuller
    "We all sit outside on Halloween and chat. Say hello while walking to get mail, etc. very safe space."
    0
    Flag
  • KbK
    "Not enough pet areas with doggie bags available. Lots of wasted unused space that could be used for fur babies that I see a lot of walking around with their owners throughout the day. "
    0
    Flag
  • Kiyanabkennedy
    "My neighborhood is friendly and has more animal lovers around than you would imagine. I also have a short commute to the freeway to get to work or parts of Scottsdale and Phoenix quickly. Everything is in the long stretch of road that I live on that I would need from day to day. I love this area simply because it has gotten better and its not perfect but its getting better. All we can do is try and take it one day at a time and one small act of kindness a day to change the future of our community we live in. "
    0
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  • Dianne Szonn
    "Have lived here for 20+ years. Love being close to the Tonto National Forest yet close to suburban creature comforts."
    0
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  • Mindy Willert
    "This area has many 55+ Communities and all of them have events and activities. Very active Neighborhood Watch in the area to keep the area safe enjoyable. Annual Mesa G.A.I.N. Festival is a great representation of the fun, caring and friendly residents. "
    1
    Flag
  • Jo C.
    "Park started out nice, has gone downhill in less than a year. They no longer trim palm trees, & the water has been off since yesterday-no notice given, no way to reach anyone, office closed on weekends.Tried calling office number, it's out of order! Mgmt is rubbish, no way to contact anyone to address or improve anything. If you value your sanity, don't move here."
    0
    Flag
  • Gigi632014
    "Tons of community events and activities to bring families together. They are so great about planning and coordinating fun activities. "
    0
    Flag
  • Nicoleejacoby
    "Lots of activities in the neighborhood , clean and quiet streets, lots of food and shops near by. Golf course and driving range. Pool and hot tub. Great restaurant in the neighborhood. "
    0
    Flag
  • Jacqueline Rubio
    "Yes- there’s designated place for them and stations for cleaning and tossing in case you forget. "
    0
    Flag
  • Kylee Thompson
    "farmer’s market, swap meet, locally grown food, free community events, access to freeways, healthcare "
    0
    Flag
  • Katelyn Curry
    "Lots of side walks and close to a dog friendly park for walking. Always felt safe walking at night with my dog as a small woman. Lots of grassy areas near by as well. "
    0
    Flag
  • Mia Ruiz
    "I’ve made life king friends and have lived in the area for most of my life. I believe I turned out good but it is also easy to fall into the wrong crowd as well as it is anywhere."
    4
    Flag
  • Isaiha Corley
    "My commute to and from home are both simple as i live 3-4 minutes from most of my daily activites and 10 minutes from work"
    1
    Flag
  • Oliver Bugueno
    "I have 3 little kids and I can say that it’s a great safe community with activities for all family for free. It’s difficult to have a better Location next to 202 and Us60 paying Mesa property taxes but using the Gilbert school system "
    5
    Flag
  • Trulia User
    "We just moved to the neighborhood, so far everyone we've come across has been welcoming and friendly. "
    2
    Flag
  • Trulia User
    "I love the desert landscape. It feels quiet and remote but you’re 5 minutes from grocery stores. I love to sit outside and drink my coffee in the morning looking at the hills covered with cactus. Today we had a roadrunner in the back yard, and often have rabbits and quail. Where can you see that?"
    0
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  • Trulia User
    "Ehh no sense of community here just cookie cutter houses, judgey people surrounded by the same chain stores and restaurants you see everywhere "
    1
    Flag
  • Trulia User
    "access to 60, 101, and 202 are quick and easy from this neighborhood. traffic here is what it is depending on time of day you hit the road. "
    0
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  • Trulia User
    "The neighborhood is definitely made for cars. Public transit is sparse. To catch a train, you first need a car. However, the roads are fairly maintained. "
    0
    Flag
  • Trulia User
    "Ballparks and Public Parks are always maintained,Free Buzz at my door. Window Shopping and Train at Main street is doable at my age😄"
    0
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  • Trulia User
    "I've lived in this neighborhood for five years and there are hardly any rentals because this is an established mature area"
    0
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Homes for sale near 242 S Olive

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Off Market Homes Near 242 S Olive

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242 S Olive, Mesa, AZ 85204 is a 2 bedroom, 1 bathroom, 840 sqft apartment built in 1957. This property is not currently available for sale. 242 S Olive was last sold on Sep 20, 2021 for $340,000. The current Trulia Estimate for 242 S Olive is $431,800.