242 S Olive, Mesa, AZ 85204
OFF MARKET

$429,000

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 840 sqft

242 S Olive, Mesa, AZ 85204

Est. Refi. Payment $2,457/mo*
Refinance Your Home
Currently Off Market - Sold Sep 20, 2021 for $340,000

Home Value

Trulia Estimate
$429K
Since last month
Increased$8K (+2%)
Since last year
Increased$20K (+4.9%)
Since last sale
Increased$92K (+27%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +164% in the last 10 years
MonthEstimated value
2026
August 2026$432K
August 2026$430K
July 2026$423K
June 2026$436K
May 2026$428K
April 2026$433K
March 2026$430K
February 2026$437K
January 2026$442K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
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
845 E Mahoney Ave, Mesa, AZ
0.40
Apartment
$3,900,000
05/21/26
2
1
800
520 N STAPLEY Drive #134, Mesa, AZ
1.12
Apartment
$235,000
09/03/25
2
2
879
520 N STAPLEY Drive #117, Mesa, AZ
1.14
Apartment
$215,000
11/05/25
2
2
879
520 N STAPLEY Drive #186, Mesa, AZ
1.18
Apartment
$195,000
06/30/26
1
1
694
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 #1026, Mesa, AZ
1.57
Apartment
$212,995
07/08/26
2
2
1,000
1224 E Evergreen St #207, Mesa, AZ
1.69
Apartment
$190,000
11/12/25
2
1
883

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
251 S OLIVE Street, Mesa, AZ 85204
0.04
$310,700
2
1
1,239
Off Market
259 S OLIVE --, Mesa, AZ 85204
0.05
$425,000
4
2
1,517
Recently Sold
650 E 3RD Avenue, Mesa, AZ 85204
0.06
$427,400
3
2
1,408
Off Market
320 S Olive Street, Mesa, AZ 85204
0.08
$460,500
5
2
2,313
Off Market
216 S HOBSON --, Mesa, AZ 85204
0.07
$463,000
2
2
1,180
For Sale
316 S HOBSON --, Mesa, AZ 85204
0.10
$440,200
4
2
2,164
Off Market
237 S PIONEER --, Mesa, AZ 85204
0.08
$299,600
2
2
1,365
Off Market
240 S ASHLAND Street, Mesa, AZ 85204
0.06
$705,900
8
1
3,800
Off Market
317 S Olive Street, Mesa, AZ 85204
0.09
$416,500
3
3
1,564
Off Market
236 S Ashland Street, Mesa, AZ 85204
0.06
$568,300
2
1
3,200
Off Market
215 S OLIVE Street, Mesa, AZ 85204
0.06
$546,700
2
1
3,200
Off Market
247 S PIONEER --, Mesa, AZ 85204
0.10
$280,000
2
1
815
Recently Sold

Local Information

  • Map ViewExplore the area around 242 S Olive.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Apartment
Year Built
1957
Living Area
840 sqft
Price/Sqft
$511

About this House

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.
242 S Olive, Mesa, AZ 85204 is a 2 bedroom, 1 bathroom, 840 sqft apartment built in 1957. It last sold for $340,000 on Sep 20, 2021. More recently, it was listed as a rental in April 2024 with an asking price of $1,475 per month. That rental listing was removed on May 4, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $429,000, with a rent estimate of $1,216/month.

Home Details for 242 S Olive

Interior Features

Heating & Cooling
Heating: Forced AirHeating 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 and Tax history

DateEventPrice
May 4, 2024
Source: Zillow Rentals
ListingRemoved
Apr 13, 2024
Source: Zillow Rentals
Listed For Rent
$1,475
May 19, 2022
Source: Zillow Rental Manager
ListingRemoved
May 6, 2022
Source: Zillow Rental Manager
Listed For Rent
$1,450
Sep 20, 2021
Source: ARMLS #6247684
Sold
$340,000

Market trends in Mesa

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$427K
$3.33KMoM
Sale-to-List Price
98.8%
0.1%MoM
Price per sq ft
$256
$1MoM
Available listings
1850
54MoM

Around this home

What Locals Say about Mesa

At least 3347 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.
  • Trulia User
    "Lots of people walking their dogs all the time! "
    0
    Flag
  • Merilee Fuller
    "Yes. I see people walking dogs in this neighborhood."
    0
    Flag
  • Ggccfg9qp4
    "This is a very dog friendly neighborhood. There’s many accommodations like waste bags and open areas."
    0
    Flag
  • Marcus W
    "nice people that are respectful and polite and the best thing is everyone stays motivated to live for the better"
    0
    Flag
  • Evelyn Gutierrez
    "Quiet and peaceful neighborhood I have lived here for 5 years. I am looking to stay in this same area"
    0
    Flag
  • Laura Gallagher
    "Activities by HOA, bingo, sunset on patio, dive in movies, etc. Different clubs to participate and Food trucks. "
    1
    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
    Flag
  • Kbpinkney60
    "Not like pick up your dogs poop. Like dog friendly! You see people with children and enjoying their pet life ."
    0
    Flag
  • 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
    Flag
  • Mac Watkins
    "Amazing neighborhood sought after area with new and exciting developments happening. Residential and commercial "
    0
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
  • 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
    Flag
  • Dianne Szonn
    "Have lived here for 20+ years. Love being close to the Tonto National Forest yet close to suburban creature comforts."
    0
    Flag
  • 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
  • Kylee Thompson
    "farmer’s market, swap meet, locally grown food, free community events, access to freeways, healthcare "
    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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 242 S Olive

  • What is 242 S Olive estimated to be worth?
    Trulia's estimated value for 242 S Olive in Mesa, AZ is $429,000.
  • What is the price history for 242 S Olive?
    242 S Olive in Mesa, AZ last sold for $340,000 in September 2021.
  • Is Mesa a buyer's or seller's market?
    Mesa is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Mesa?
    The median sale price in Mesa is $427K. That is down $3.33K from the prior month.
  • Does 242 S Olive have laundry facilities?
    Yes, 242 S Olive in Mesa, AZ has in-unit laundry.
  • Does 242 S Olive have parking?
    Yes, 242 S Olive in Mesa, AZ has on-site parking.

Explore by feature - Pet Friendly

677 pet-friendly rentals in Mesa, AZ

Explore by feature - Garage

468 rentals with a garage in Mesa, AZ

Explore by feature - Air Conditioning

714 rentals with air conditioning in Mesa, AZ

Explore by feature - Pool

721 rentals with a pool in Mesa, AZ

Explore by feature - Washer/dryer

763 rentals with a washer/dryer in Mesa, AZ

Explore by feature - Outdoor Space

251 rentals with an outdoor space in Mesa, AZ

Apartments for Rent

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Off Market Homes Near 242 S Olive

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