509 W Olive Street #206 Springfield, MO 65806

  • 2 bd
  • 2 ba
  • 1,721 sqft
  • 0.04 acres
$334,900
  • MLS#60314272
  • Active

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.

Association/HOA
  • Association Fee Includes: Building Insurance,Building Maintenance,Common Area Maintenance,Trash Service
  • Association: Yes
  • Home Owners/Condo Owners Association: COA
  • COA Dues: $516.00
  • COA Dues Period: Monthly
School Information
  • Elementary School: SGF-McGregor
  • Middle Or Junior School: SGF-Westport
  • High School: SGF-Parkview
Listing Information
  • Foreclosure/Short Sale: No
  • List Price/Fin SqFt: $194.60
  • Will Sell: Cash: Yes
  • Will Sell: Conventional: Yes
Building Information
  • New Construction: No
  • Year Built: 1926
Location/Region
  • County Or Parish: Greene
  • Subdivision Name: Olive Corner Condominium
Building Exterior/Construction
  • Architecture: 1 Story: Yes
  • Architecture: Condo: Yes
Tax Information
  • Inside City Limits: Yes
  • RE Tax Provided By: Assessor Records
  • Tax Annual Amount: $2,970.84
General Information
  • Parcel Number: 1323103020
  • Propane Tank: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Vacation Rental: Yes
Building Information
  • Basement: No
Parking Information
  • Garage: No
Beds/Baths
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Split Bedroom: Yes
Building Interior
  • Building Area Total: 1721.0
  • Interior Features: Concrete Counters: Yes
  • Interior Features: Fire Alarm: Yes
  • Interior Features: Fire Sprinkler System: Yes
  • Interior Features: Granite Counters: Yes
  • Interior Features: High Ceilings: Yes
  • Shop Building Features: Shop Building: No
  • Interior Features: High Speed Internet: Yes
  • Interior Features: Intercom: Yes
  • Interior Features: Internet: Cable: Yes
  • Interior Features: Internet: CellularWireless: Yes
  • Interior Features: Internet: DSL: Yes
  • Interior Features: Internet: Fiber Optic: Yes
  • Interior Features: Jetted Tub: Yes
  • Interior Features: Soaking Tub: Yes
  • Interior Features: WD Hookup: Yes
General Information
  • Appliances: Washer,Microwave,Refrigerator,Dishwasher,Disposal,Dryer,Free Standing Stove: Electric
  • Cooling Source: Electric: Yes
  • Flooring: Hardwood,Tile
  • Heating Source: Natural Gas: Yes
  • Interior Features: High Ceilings,Internet - DSL,Internet - Cable,Fire Sprinkler System,Fire Alarm,High Speed Internet,Intercom,Internet - Cellular/Wireless,Internet - Fiber Optic,Jetted Tub,Soaking Tub,W/D Hookup,Concrete Counters,Granite Counters,Kitchen Island
  • Living Area: 1721.0
  • Rooms Total: 0
  • Stories: 1
Unit Information
  • Unit Number: 206
Lot Information
  • Lot Size Square Feet: 1742.4
  • Lot Size Units: Acres
  • Road Surface Type: Street - Asphalt
  • Water Source: City Water
Waterfront/View
  • View: City
  • Water Body Name: None
  • Waterfront View: None
  • Waterfront: No
Building Exterior/Construction
  • Architectural Style: 1 Story,Condo
  • Construction Materials: Wood Frame,Block,Solid Masonry
  • Construction Materials: Block: true
General Information
  • Lake/River/Creek: None
  • Road Frontage Type: City Street
  • Sewer: Public Sewer

Springfield


Springfield, MO offers Ozark beauty, museums, and family fun in southwest MO.

Life at 509 W Olive Street #206


Schools

School data courtesy of LiveBy, Inc. Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Owning this Home

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*Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.