508 S OLIVE --, Mesa, AZ 85204
Property image
Property image
SOLD
NOV 5, 2025

508 S OLIVE --
Mesa, AZ 85204

  • 8 Beds
  • 4 Baths
  • 3,000 sqft

$675,000

Last Sold: Nov 5, 2025
3% below list $699K
$225/sqft
Est. Refi. Payment $3,769/mo*
Refinance Your Home

$675,000

Last Sold: Nov 5, 2025
3% below list $699K
$225/sqft
Est. Refi. Payment $3,769/mo*
Refinance Your Home
8 Beds
4 Baths
3,000 sqft

Local Information

  • Map ViewExplore the area around 508 S OLIVE --.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1980
Living Area
3,000 sqft
Price/Sqft
$225/sqft
Parking
6 Open Spaces

About this House

NEW ROOF! Completed 9/2025! 4-plex near light rail and upgraded Temple District. Long term tenants and easy to rent. Currently under professional property management, renters have been there for the last 6+ years, all units occupied. Rents are below market value. No HOA. Paved parking lot. Property could work for an owner-occupant.
508 S OLIVE --, Mesa, AZ 85204 is a 8 bedroom, 4 bathroom, 3,000 sqft multi-family built in 1980. It last sold for $675,000 on Nov 5, 2025 (3% below the $699,000 asking price). More recently, it was listed as a rental in January 2017 with an asking price of $725 per month. That rental listing was removed on March 2, 2017. It is currently off market. The Trulia Estimate is $674,200, with a rent estimate of $1,555/month.

Home Details for 508 S OLIVE --

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 4
Dimensions and Layout
Living Area: 3000 Square Feet
Appliances & Utilities
Appliances: Free-Standing Range, RefrigeratorRefrigerator
Heating & Cooling
Heating: Heat PumpHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Heat Pump
Gas & Electric
Electric: City ElectricHas Electric on Property
Windows, Doors, Floors & Walls
Flooring: Ceramic Tile
Levels, Entrance, & Accessibility
Floors: Ceramic Tile

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Sidewalk(s)
Parking & Garage
Open Parking Spaces: 6No CarportNo GarageHas Open ParkingParking Spaces: 6Parking: Paved,>1 Space Per Unit
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 110

Property Information

Year Built
Year Built: 1980
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Wood Frame, Stucco
Property Information
Parcel Number: 13923076B

Price & Status

Price
List Price: $699,000Price Per Sqft: $225/sqft
Status Change & Dates
Off Market Date: Tue Oct 07 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: Mesa
School Information
Elementary School District: Mesa Unified DistrictHigh School District: Mesa Unified District

Building

Building Area
Building Area: 3000 Square Feet

Community

Community Features: No Pool

Offer

Listing Terms: No Carry, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Rental Terms, Policies & Fees

Owner Pays: Trash Collection, Water, Sewer

Miscellaneous

Mls Number: 6880361

Additional Information

No Pool
Last check for updates: about 18 hours ago
Listed by Laurel Driggs, (480) 440-5948
eXp Realty
Bought with: Kevin McGowin, (480) 400-2920, Go Win Property Management
Source: ARMLS, MLS#6880361
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Price History for 508 S OLIVE --

DatePriceEventSource
11/05/2025$675,000Sold
ARMLS #6880361
10/07/2025$699,000PendingARMLS #6880361
06/20/2025$699,000Listed For SaleARMLS #6880361
09/30/2019$370,000Sold
ARMLS #5969325
08/24/2019$385,000Listed For SaleAgent Provided
03/02/2017$725ListingRemovedN/A
01/31/2017$725Listed For RentN/A
04/05/2011$81,200Sold
N/A
01/16/2003$205,000Sold
N/A
08/14/2000$173,000Sold
N/A
09/22/1999$163,000Sold
N/A
11/21/1995$95,000Sold
N/A

Market trends in Mesa

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$430K
$1KMoM
Sale-to-List Price
98.9%
Price per sq ft
$257
$1MoM
Available listings
1900
106MoM
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Property Tax and Assessment

Year2025
Tax$1,394
Assessment$597,300
Home facts updated by county records

Comparable Sales for 508 S OLIVE --

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
460 S PIONEER --, Mesa, AZ
0.14
Multi-Family Home
$715,000
06/16/26
6
4
2,100
323 S PIONEER Street, Mesa, AZ
0.26
Multi-Family Home
$830,000
11/10/25
8
4
3,700
604 S Bellview --, Mesa, AZ
0.15
Multi-Family Home
$580,000
12/03/25
4
4
2,080
551 S LESUEUR Street, Mesa, AZ
0.17
Multi-Family Home
$510,000
02/12/26
6
6
2,367
161 E 2ND Avenue, Mesa, AZ
0.63
Multi-Family Home
$624,575
10/17/25
4
4
2,600
240 S DORAN Circle, Mesa, AZ
0.88
Multi-Family Home
$815,000
11/26/25
8
4
3,136
333 S PIONEER --, Mesa, AZ
0.24
Multi-Family Home
$430,000
12/12/25
3
2
1,714
501 E 8th Avenue, Mesa, AZ
0.40
Multi-Family Home
$520,000
11/25/25
6
1
1,800
750 E 1ST Avenue, Mesa, AZ
0.58
Multi-Family Home
$2,000,000
07/21/26
8
2
5,840

Nearby homes

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Assigned Schools

These are the assigned schools for 508 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 3345 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
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  • Merilee Fuller
    "Yes. I see people walking dogs in this neighborhood."
    0
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  • Ggccfg9qp4
    "This is a very dog friendly neighborhood. There’s many accommodations like waste bags and open areas."
    0
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  • 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
    Flag
  • 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
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  • 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
    Flag
  • 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
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  • Merilee Fuller
    "We all sit outside on Halloween and chat. Say hello while walking to get mail, etc. very safe space."
    0
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  • 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
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  • 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
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  • 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
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Apartments for Rent

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Explore by feature - Pet Friendly

670 pet-friendly rentals in Mesa, AZ

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Homes for sale near 508 S OLIVE --

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Off Market Homes Near 508 S OLIVE --

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Frequently asked questions about 508 S OLIVE --

  • What is 508 S OLIVE -- estimated to be worth?
    Trulia's estimated value for 508 S OLIVE -- in Mesa, AZ is $674,200.
  • What is the price history for 508 S OLIVE --?
    508 S OLIVE -- in Mesa, AZ last sold for $675,000 in November 2025.
  • Is Mesa a buyer's or seller's market?
    Mesa is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Mesa?
    The median sale price in Mesa is $430K. That is down $1K from the prior month.
  • Does 508 S OLIVE -- have air conditioning?
    Yes, 508 S OLIVE -- in Mesa, AZ has air conditioning.
  • Does 508 S OLIVE -- have parking?
    Yes, 508 S OLIVE -- in Mesa, AZ has on-site parking.