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509 W Olive Street #206, 
Springfield, MO 65806

$344,900


2

Beds


2

Baths


1,721

Sq Ft


Condo

Active

Listed by

Morgan Headlee

Alpha Realty Mo, LLC.

417-719-1560

Last updated:

July 16, 2025, 02:50 PM

MLS#

60299372

Source:

MO GSBOR

About This Home

509 W Olive Street #206

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.

Home Facts

Condo

2 Baths

2 Bedrooms

Built in 1926

Price Summary

344,900

$200 per Sq. Ft.

MLS #:

60299372

Last Updated:

July 16, 2025, 02:50 PM

Added:

8 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,721 Sq. Ft.


Structure

Structure

Architectural Style:

Condo

Building Area:

1,721 Sq. Ft.

Year Built:

1926


Lot

Lot Size (Sq. Ft):

1,742


Finances & Disclosures

Finances

Price:

$344,900

Price per Sq. Ft:

$200 per Sq. Ft.

Source:MO GSBOR
The information being provided by Southern Missouri Regional MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Southern Missouri Regional MLS All rights reserved.

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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.