509 W Olive Street # 206
Springfield, MO, 65806 $ 334,900
Bedrooms2 Baths2.0 Sq 1,721 Monthly Estimate*
$ 2,089
for $334,900 with 2 bedrooms and 2 full baths. This 1,721 square foot condo was built in 1926 on a lot size of 0.04.
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.
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FeaturesInteriorInterior Amenities High Speed Internet Internet - Fiber Optic Internet - DSL Internet - Cellular/Wireless Internet - Cable Concrete Counters Intercom Soaking Tub Granite Counters High Ceilings W/D Hookup Jetted Tub
Flooring Hardwood Tile
Basement (Y/N) N
Window Features Blinds Double Pane Windows
Fireplace Y/N N
Above Grade Finished Area 1721
Half Baths 0
Laundry Features Main Floor
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 2
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GeneralSewer Public Sewer
Heating Forced Air
Cooling Central Air Ceiling Fan(s)
Possession Closing
Appliances Dishwasher Free-Standing Electric Oven Dryer Washer Microwave Refrigerator Disposal
Association Fee Includes Common Area Maintenance Building Maintenance Insurance Trash
Architectural Style Condo
Security Features Fire Sprinkler System Fire Alarm
Construction Materials Frame Block
Year Built 1926
View City
Stories Count 1
Levels One
Unit Number 206
Property Subtype Condominium
Tax Year 2024
HOA Fee 2 516
County Greene
Property Type Residential
Subdivision Name Olive Corner Condominium
Garage Y/N N
Full Baths 2
Status Active
Directions From N Campbell turn west on W Olive St condo on South side of the street.
High School SGF-Parkview
City Springfield
HOA Fee 2 Frequency Monthly
Elementary School SGF-McGregor
Tax Annual Amount 2970.84
Middle/Junior High School SGF-Westport
Standard Status Active
Legal Description OLIVE CORNER CONDOMINIUM UNIT 206
Vacation Rental Yes
Docks/Slips No
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ExteriorWater Source City
Foundation Details Brick/Mortar
Building Area Total 1721
Lot Size Acres 0.04
Road Surface Type Asphalt
Road Frontage Type City Street
Entry Walk In
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* Excluded FeaturesList ByMorgan HeadleeListing Agent
morgan@alpharealtymo.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,089
- Monthly Property Taxes
- $248
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Springfield, MO
Average List Price $353,124
Percent of Sale Price 5%
About Springfield, MO 167,415 Population
9% Since 2002
$ 34,913 Median Income
34.94 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
1080843 Elementary School
1080815 Middle School
SGF-Parkview High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/10/2025 | $334,900 | -2.90% | Price Down |
| 7/11/2025 | $344,900 | | Listed Price |