509 West Olive Street 206, Springfield, MO 65806

$334,900
Property Type: Residential For Sale Bedrooms: 2 Baths: 2 Square Footage: 1,721 Lot Size (sq. ft.): 1,742 Status: Active
Current Price: $334,900 List Date: 1/30/2026 Last Modified: 1/30/2026

Description

Welcome to this stunning, fully furnished condo in the heart of downtown Springfield, an incredible opportunity to own one of the only two units in the building approved for Short-Term Rentals or Airbnb. With vibrant city life right at your doorstep, you're just steps away from everything downtown has to offer. Inside, this spacious 1,700+ square foot unit exudes charm and history, featuring exposed brick, high ceilings, and beautiful hardwood floors throughout. The open floor plan boasts two generously sized bedrooms and two modern bathrooms, including a primary bath complete with a jetted tub for ultimate relaxation. The kitchen is a dream, equipped with concrete countertops, stainless steel appliances, and a large island perfect for meal prep or hosting guests. Whether you're looking for a personal residence or a turnkey investment property, this condo is move-in ready and currently generating income as an active Airbnb. This is a prime location for an Airbnb, especially with upcoming developments such as the United Soccer Field slated for 2026, the ongoing transformation of the Hammons Field area, and the Renew Jordan Creek Project right in your backyard, which promises to bring significant infrastructure upgrades and new green spaces. Plus, the highly anticipated ''The Holler'' music venue and restaurant—set to open early next year—will add even more appeal, with a 25,000 square foot arts and entertainment hub, including a 7,500 square foot restaurant with bocce ball courts. With the new local ownership of key venues like the theater, as well as proximity to universities like MSU, Drury, and Evangel, this location offers an exciting, growing community, making it an ideal choice for short-term rentals. Whether you're hosting travelers or enjoying the vibrant energy of downtown Springfield yourself, this condo offers the perfect blend of comfort, style, and potential.

More Information MLS# 60314272

Contract Information

Vacation Rental: Yes List Price/Total SqFt: 194.6 Foreclosure/Short Sale: No Agreement Type: Exclusive Right To Sell Property Sub-Type: Condominium Begin Date: 2026-01-30 List Price: $334,900

Location, Tax and Other Information

Inside City Limits: Yes RE Tax Provided By: Assessor Records

Keywords

Stories: 1 Elementary School: SGF-McGregor Middle School: SGF-Westport High School: SGF-Parkview

General Property Description

Split Bedroom: Yes Above Grade UnFin SqFt: 0 Below Grade UnFin SqFt: 0 Entry: Walk In Waterfront/View: None Basement: No Lake/River/Creek: None Propane Tank: No Total Bedrooms: 2 Baths - Full: 2 Baths - Total: 2 Above Grade Fin SqFt: 1721 Total Finished SqFt (All Levels): 1721 Total SqFt: 1721 Aprx Year Built: 1926 Aprx Lot Size (Acres): 0.04

View

City: 1

Utility Room

Main Floor: 1

Dining

Dining Room: 1 Island: 1 Kitchen/Dining Combo: 1

Interior Features

Fire Alarm: 1 Fire Sprinkler System: 1 High Speed Internet: 1 Intercom: 1 Internet - Cable: 1 Internet - Cellular/Wireless: 1 Internet - DSL: 1 Internet - Fiber Optic: 1 Jetted Tub: 1 Soaking Tub: 1 W/D Hookup: 1 High Ceilings: 1 Concrete Counters: 1 Granite Counters: 1

Cooling

Ceiling Fans: 1 Central: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Free Standing Stove: Electric: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Fireplace Features

Fireplace: No

Heating

Forced Air: 1

Heating Source

Natural Gas: 1

Road Frontage

City Street: 1

Flooring

Hardwood: 1 Tile: 1

Road Surface

Street - Asphalt: 1

Cooling Source

Electric: 1

Architecture

1 Story: 1 Condo: 1

Home Association Info

Home Owners/Condo Owners Association: COA COA Dues: 516.00 COA Dues Period: Monthly

Possession

At Closing: 1

Construction Materials

Block: 1 Solid Masonry: 1 Wood Frame: 1

Will Sell

Cash: 1 Conventional: 1

Shop Building Features

Shop Building: No

Water

City Water: 1

Window Features

Blinds: 1 Double Pane Windows: 1

Sewer

Public Sewer: 1

Flood Insurance

Not Required: 1

Documents Available

Disclosure - Lead Base Paint: 1 Disclosure - Measurement: 1 Seller Disclosure: 1

Association Includes

Building Insurance: 1 Building Maintenance: 1 Common Area Maintenance: 1 Trash Service: 1

Location Tax and Other Information

Street #: 509 Street Direction: West Street Name/Route: Olive Suffix: Street Unit #: 206 County: Greene State/Province: MO Zip Code: 65806 Parcel ID: 1323103020 Subdivision: Olive Corner Condominium Real Estate Tax: 2970.84 Tax Year: 2024 Legal Description: OLIVE CORNER CONDOMINIUM UNIT 206

Remarks Misc

Directions: From N Campbell, turn west on W Olive St, condo on South side of the street.

Status Change Info

Status: Active

Property Features

Utility Room: Main Floor Dining: Dining Room; Island; Kitchen/Dining Combo Appliances: Dishwasher; Disposal; Dryer; Free Standing Stove: Electric; Microwave; Refrigerator; Washer Interior Features: Fire Alarm; Fire Sprinkler System; High Speed Internet; Intercom; Internet - Cable; Internet - Cellular/Wireless; Internet - DSL; Internet - Fiber Optic; Jetted Tub; Soaking Tub; W/D Hookup; High Ceilings; Concrete Counters; Granite Counters Flooring: Hardwood; Tile Cooling: Ceiling Fans; Central Cooling Source: Electric Heating: Forced Air Heating Source: Natural Gas Architecture: 1 Story; Condo Window Features: Blinds; Double Pane Windows Construction Materials: Block; Solid Masonry; Wood Frame Water: City Water Sewer: Public Sewer Road Frontage: City Street Road Surface: Street - Asphalt Association Includes: Building Insurance; Building Maintenance; Common Area Maintenance; Trash Service Will Sell: Cash; Conventional Flood Insurance: Not Required Possession: At Closing Documents Available: Disclosure - Lead Base Paint; Disclosure - Measurement; Seller Disclosure
Listing Office: Alpha Realty MO, LLC
IDX
Last Updated: January - 30 - 2026
Data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than the website owner are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is not guaranteed and should be verified by the consumer and is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers wish to purchase. Any representation that a web site contains all listings shall only mean that the web site contain all listing available to the public through the IDX data feed and other available properties may not be displayed on this site. © 2023 Southern Missouri Regional MLS, LLC All rights reserved.

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