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509 W Olive Street Unit 206

Springfield, MO 65806

2 beds
2 baths
1,721 sqft
1,742 sqft lot
$200 per sqft
1926 build
– on site

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. Reach out to the listing agent for financials!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.

Listing courtesy of SOMO / Alpha Realty MO, LLC

Last checked: Checking… • Last updated Jul 12, 2025 •

MLS# 60299372 —

The Building

Year Built:

1926
Architectural Style:

Condo
Construction Materials:

Frame, Block
Building Area Total:

1721
Above Grade Finished Area:

1721
Foundation Details:

Brick/Mortar
Stories:

1
Basement:

false
Window Features:

Blinds, Double Pane Windows
Security Features:

Fire Sprinkler System, Fire Alarm

Interior

Interior Features:

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
Fireplace:

false
Laundry Features:

Main Floor

Room Dimensions

Living Area:

1721

Location

Directions:

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

-93.29598
Latitude:

37.20996

The Property

Property Type:

Residential
Property Subtype:

Condominium
Lot Size Acres:

0.04
Parcel Number:

1323103020
View:

City
Waterfront View:

None
Road Frontage Type:

City Street
Road Surface Type:

Asphalt

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

2970.84
Tax Legal Description:

OLIVE CORNER CONDOMINIUM UNIT 206

Beds

Total Bedrooms:

2

Baths

Total Baths:

2
Full Baths:

2

The Listing

Flood Insurance:

Not Required

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air, Ceiling Fan(s)

Utilities

Sewer:

Public Sewer
Water Source:

City

Appliances

Appliances:

Dishwasher, Free-Standing Electric Oven, Dryer, Washer, Microwave, Refrigerator, Disposal

Schools

Elementary School:

SGF-McGregor
Middle Or Junior School:

SGF-Westport
High School:

SGF-Parkview

The Community

Subdivision Name:

Olive Corner Condominium
Association Fee Includes:

Common Area Maintenance, Building Maintenance, Insurance, Trash
Association Fee 2:

516
Association Fee 2 Frequency:

Monthly
Docks Slips:

No

Parking

Garage:

false

Monthly cost estimate

Asking price

$344,900

Expense	Monthly cost
Mortgage	$1,846
Taxes	$247
Insurance	$94
Utilities	$157 See report
Total	$2,344/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
7/11/25 Jul 11, 2025	Listed / Active	SOMO	$344,900	9.8% (4.2% / YR)
3/2/23 Mar 2, 2023		SOMO	$314,000

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This condo located in West Central, Springfield, MO 65806 is currently for sale for $344,900. 509 W Olive Street Unit 206 is a 1,721 square foot condo with 2 beds and 2 baths that has been on Estately for 1 days. 509 W Olive Street Unit 206 is in the West Central neighborhood of Springfield and has a WalkScore® of 77, making it very walkable.

Listing Courtesy of: SOMO and Alpha Realty MO, LLC.

The 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 Estately, Inc., are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. 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. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2025 Southern Missouri Regional MLS, LLC All rights reserved.