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About This Home

This 2-bedroom, 2-bathroom condo at 509 W Olive Street unit: 206 in Springfield, MO is listed for $334,900 ($195 per sqft). Built in 1926, the home offers 1,721 sqft of living space on a 0.04 acres lot.

Agent 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 M

SU, 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.

Key Features

  • Built in 1926
  • 0.04 acre lot

Property Details

1 story
2 full
1926

Amenities

ViewHardwoodA/C

Monthly Cost Estimate

$2,307/mo

20% down · 6.5% · 30 years

Principal$242
Interest$1,451
Insurance$98
HOA$516

Estimates only. Actual payments may vary.

Location

509 W Olive Street unit: 206

Springfield, MO 65806

Olive Corner Condominium

Features & Amenities

Interior Features

High Speed InternetInternet - Fiber OpticInternet - DSLInternet - Cellular/WirelessInternet - CableConcrete CountersIntercomSoaking TubGranite CountersHigh CeilingsW/D HookupJetted Tub

Property Details

Flooring

HardwoodTile

Construction

Frame Block

Views

City

Heating

Forced Air

Cooling

Ceiling Fan(s)Central Air

Appliances

DishwasherFree-Standing Electric OvenDryerWasherMicrowaveRefrigeratorDisposal

Questions & Answers

This 2-bedroom, 2-bathroom condo at 509 W Olive Street unit: 206 is listed at $334,900 ($195/sqft). The estimated monthly payment is $1,967 based on 20% down at 6.5% interest.

HOA fees are $516/month.

Key features include: Built in 1926, 0.04 acre lot. Interior Features: High Speed Internet, Internet - Fiber Optic, Internet - DSL.

This property is listed by Morgan Headlee and can be reached at 4172241348 or morgan@alpharealtymo.com.

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MH

Morgan Headlee

Agent at Alpha Realty MO, LLC

(417) 224-1348

Listed by Alpha Realty MO, LLC · View on Broker Site

MLS# 60314272· Source: listhub· Updated 70 days ago

Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

509 W Olive Street unit: 206, Springfield, MO 65806

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