Movoto Real Estate
Search
About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest
Sold on 09/21/2021

242 S Olive --, Mesa, AZ 85204

$340,000

Last sold 09/21/2021 after 106 Days

  • 4

    bed

  • 2

    bath

Multi-family not for sale
Learn about Mesa's top local Real Estate agents

About 242 S Olive --

Property type Multi-family
Neighborhood
Year built 1957
HOA fee $0/month
Rental estimate
Property description
A DIAMOND IN THE ROUGH! This duplex has so much potential. Located in the DOWNTOWN OPPORTUNITY ZONE where they just built an ASU campus PLUS a bunch of new restaurants, micro-breweries, shopping, and now the light rail. There is a TON of growth happening in this area making this the PERFECT investment property or a great opportunity to live in one unit while earning passive income from the other. Both units are 2 bedrooms, 1 bathroom and are separately metered. They could use some TLC but don't be fooled, current rents are well below market value. House is being sold ''as is''. TENANT OCCUPIED. PLEASE DO NOT DISTURB TENANTS.
Listed by
Listing Agent - Sarah J Diaz
Listing Office - Mojica & Associates Real Estate
Source: ARMLS mls logo
MLS#6247684 • last updated 1 year ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Central Air, Electric
Heating Electric
MLS # 6247684
Type Multiple Dwellings
Status Closed
Property Tax 855.32
Year Built 1957
Interior
Flooring Vinyl
Appliances Free-Standing Range, W/D Hookup
Exterior
Roof Composition
Construction Painted, Block
Parking Carport
# of Open Parking Spaces 1
# of Covered Spaces 2
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision TEMPLE VILLA
Community Features No Pool
Elementary School District Mesa Unified District
High School District Mesa Unified District
APN 138-29-014
Zoning Multi Family
Multifamily Details
Total # of Units 2
Expense: Operating 8062.32
Financial Data Source Owner
Expense: Maintenance 3500
Expense: Insurance 727
Net Operating Income 10181
Gross Income 18000
Expense: Water/Sewer 2280
Gross Scheduled Income 18000
Expense: Gardener 700
We are not permitted to show value estimates for this property.
  • Sep 2021
    mls logo MLS # 6247684
  • Sep 21, 2021 Sold
    —
  • Sep 18, 2021 Pending
    —
  • Sep 18, 2021 Sold
    —
  • Sep 11, 2021 Pending
    —
  • Sep 11, 2021 Sold
    $340,000 (-5.6%)
  • Sep 1, 2021 Listed
    —
  • Sep 1, 2021 Sold
    $360,000
  • Jun 9, 2021 Listed
    $360,000 (+125.0%)
  • Jun 7, 2021 Listed
    —
  • Sep 2021
    Public Records
  • Sep 20, 2021 Sold
    $340,000
  • Jan 2018
    mls logo MLS # 5690295
  • Jan 31, 2018 Sold
    $160,000
  • Nov 20, 2017 Listed
    $175,000
  • Jan 2018
    Public Records
  • Jan 30, 2018 Sold
    $160,000 (-8.6%)
  • Year Property taxes Tax assessment
  • 2024
    $867 -0.8%
    $35,380
  • 2023
    $874 +2.1%
    $35,380 +18.01%
  • 2022
    $856 -1.2%
    $29,980 +30.92%
  • 2021
    $867 +1.3%
    $22,900 +18.78%
  • 2020
    $855 +7.0%
    $19,280 +12.09%
  • 2019
    $799 +4.2%
    $17,200 +19.2%
  • 2018
    $767 +3.1%
    $14,430 +22.29%
  • 2017
    $744 +1.9%
    $11,800 +11.01%
  • 2016
    $730 +6.4%
    $10,630
  • 2015
    $686
    —
  • 242 S Olive --
    $340K
  • East Mesa
    $499K
  • 85204
    $400K 0% y/y
  • Mesa
    $490K -1% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
3/10
Lowell Elementary School
public Grades PK, K-6
Mesa Unified School District
6/10
Franklin West Elementary School
public Grades PK, K-6
Mesa Unified School District
8/10
Franklin Elementary School
public Grades PK, K-6
Mesa Unified School District
2/10
Kino Junior High School
public Grades 7-8
Mesa Unified School District
3/10
Mesa High School
public Grades 9-12
Mesa Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

Around East Mesa

Explore everything this neighborhood has to offer.
View homes for sale in 85204, AZ
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Mesa, AZ

Nearby homes for sale in Mesa, AZ

Newest listings in 85204

  • Real Estate
  • AZ
  • Maricopa County
  • Mesa
  • 85204
  • 242 S Olive --
Meet with a real estate agent today (844) 430-0869
  • Movoto Logo
  • Download IOS APP Download Android APP
The multiple listing information is provided by Arizona Multiple Listing Service, Inc.. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
Arizona Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the Arizona Multiple Listing Service™ system. All information provided is deemed reliable but is not guaranteed and should be independently verified. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.