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$675,000

  • Sold
  • Closed
  • Multi-Family
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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.

Full Property Details for 508 S Olive

General

  • Sold For: $675,000
  • Taxes: $1,394 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6880361
  • Added to Site: 210 day(s) ago

Interior

  • Appliances: Free-Standing Range, Refrigerator
  • Flooring: Ceramic Tile

Parking

  • Parking Features: Paved, >1 Space Per Unit

Location

  • County: Maricopa
  • Township: 1N
  • Cross Streets: Mesa Dr. and Broadway

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Heat Pump
  • Heating Type: Heat Pump

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Exterior Const.: Wood Frame, Stucco
  • Roof: Composition
  • Year Built: 1980

Lot Features

  • Lot Dimensions: irregular
  • Zoning: 04-02

Financial Considerations

  • Tax Amount: $1,394
  • Tax Year: 2024
  • Terms: No Carry, Conventional, FHA, VA Loan
  • Owner Pays: Trash Collection, Water, Sewer

Disclosures and Reports

  • Legal Description: LYNWOOD TRACT MCR 21-19 LOT 17 EX N 37.5F TH/OF
  • Property ID: 139-23-076-B
  • Range: 5E
  • Section: 26
  • Lot Number: 17

Listed by eXp Realty
Sold by Go Win Property Management

Listing agent

— 508 S Olive —

  • eXp Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 508 S Olive

School District:Mesa Unified District
NameGradesDistance
Lowell Elementary School
920 East Broadway Road, Mesa, AZ 85204
K-60.4 mi
Kino Junior High School
848 North Horne, Mesa, AZ 85203
7-81.9 mi
Mesa High School
1630 East Southern Avenue, Mesa, AZ 85204
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 508 S Olive

Date
Details
Price
Change
Source
11/05/2025
Sold
$675,000
-3.43%
MLS
6/20/2025
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by eXp Realty
Sold by Go Win Property Management

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508 S Olive --, Mesa, AZ 85204 (MLS# 6880361) is a Multi-Family property that was sold at $675,000 on November 05, 2025. Want to learn more about 508 S Olive --? Do you have questions about finding other Multi-Family real estate for sale in Mesa? You can browse all Mesa real estate or contact a Coldwell Banker agent to request more information.