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.
Sold for $675,000
$675,000
508 S OLIVE --, Mesa, AZ 85204
8beds
4baths
3,000sqft
Multi Family
Built in 1980
-- sqft lot
$671,500 Zestimate®
$225/sqft
$1,589 Estimated rent
Home value
$671,500
$611,000 - $739,000
$1,589/mo
Zestimate® history
Owner options
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$1,589/mo
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$1,589/mo
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$3,844/mo
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List your homeWhat's special
Paved parking lotNew roof
Zillow last checked:
Listing updated:
Listed by:
Laurel Driggs 480-440-5948,
eXp Realty
Bought with:
Kevin McGowin, BR687250000
Go Win Property Management
Source: ARMLS,MLS#: 6880361
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Free-Standing Range, Refrigerator
Features
- Flooring: Ceramic Tile
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 6
- Parking features: Paved, >1 Space Per Unit
- Uncovered spaces: 6
Features
- Exterior features: Sidewalk(s)
Details
- Parcel number: 13923076B
- Zoning: 04-02
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Stucco
- Roof: Composition
Condition
- Year built: 1980
Utilities & green energy
- Electric: City Electric
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: No Pool
Location
- Region: Mesa
Other
Other facts
- Listing terms: No Carry,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 11/5/2025 | Sold | $675,000-3.4%$225/sqft |
Source:  ARMLS #6880361 Report a problem | ||
| 10/7/2025 | Pending sale | $699,000$233/sqft |
Source: ARMLS #6880361 Report a problem | ||
| 6/20/2025 | Listed for sale | $699,000+88.9%$233/sqft |
Source: ARMLS #6880361 Report a problem | ||
| 9/30/2019 | Sold | $370,000-3.9%$123/sqft |
Source: ARMLS #5969325 Report a problem | ||
| 8/24/2019 | Listed for sale | $385,000+374.1%$128/sqft |
Source: Evolve Realty, LLC #5969325 Report a problem | ||
| 3/2/2017 | Listing removed | $725 |
Source: Owner Report a problem | ||
| 1/31/2017 | Listed for rent | $725 |
Source: Owner Report a problem | ||
| 4/5/2011 | Sold | $81,200-60.4%$27/sqft |
Source: Public Record Report a problem | ||
| 1/16/2003 | Sold | $205,000+18.5%$68/sqft |
Source: Public Record Report a problem | ||
| 8/14/2000 | Sold | $173,000+6.1%$58/sqft |
Source: Public Record Report a problem | ||
| 9/22/1999 | Sold | $163,000+71.6%$54/sqft |
Source: Public Record Report a problem | ||
| 11/21/1995 | Sold | $95,000$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,394 +0.5% | $59,730 +4.5% |
| 2024 | $1,387 -0.8% | $57,170 +343.7% |
| 2023 | $1,399 +1.6% | $12,884 -62% |
| 2022 | $1,377 +0.1% | $33,930 +26.9% |
| 2021 | $1,375 +7% | $26,730 +11.5% |
| 2020 | $1,285 +4.2% | $23,980 +23.4% |
| 2019 | $1,233 | $19,430 +9.3% |
| 2018 | $1,233 +3.1% | $17,770 +13.3% |
| 2017 | $1,196 +8.4% | $15,680 +6.2% |
| 2016 | $1,104 | $14,760 +15.8% |
| 2015 | $1,104 | $12,750 +40.9% |
| 2014 | -- | $9,050 +19.9% |
| 2013 | -- | $7,550 +6.2% |
| 2012 | -- | $7,110 -20.2% |
| 2011 | -- | $8,910 -41.8% |
| 2010 | -- | $15,300 -37.4% |
| 2009 | -- | $24,450 -14.5% |
| 2008 | -- | $28,580 +13.9% |
| 2007 | -- | $25,100 +59.4% |
| 2006 | -- | $15,750 |
| 2005 | -- | $15,750 +19.8% |
| 2004 | -- | $13,150 |
| 2003 | -- | $13,150 +28.3% |
| 2002 | -- | $10,250 |
Find assessor info on the county website
Neighborhood: 85204
Nearby schools
GreatSchools rating
- 2/10Lowell Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 2/10Kino Junior High SchoolGrades: 7-8Distance: 1.9 mi
- 6/10Mesa High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- District: Mesa Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$671,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$671,500
- Arizona
- Maricopa County
- Mesa
- 85204
- 508 S OLIVE --
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