$344,900

509 West Olive Street, 206, Springfield, MO 65806

  • 2 beds |
  • 2 baths |
  • 1,721 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1926
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $200/sqft
  • Property List Date Icon Listed 8 days ago

Property 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. 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 Status:
Active
Date Added:
July 11, 2025 at 05:00AM
Listing Office:
Alpha Realty MO, LLC : 417-719-1560
Listing Agent:
Morgan Headlee : 417-224-1348
MLS ID:
60299372
  • General: High Speed InternetJetted TubW/D HookupFire AlarmHigh CeilingsGranite CountersFire Sprinkler SystemSoaking TubIntercomConcrete CountersInternet - CableInternet - Cellular/WirelessInternet - DSLInternet - Fiber Optic
  • Appliances: DishwasherDisposalMicrowaveRefrigeratorDryerWasherFree Standing Stove: Electric
  • Flooring: HardwoodTile
  • A/C: CentralCeiling Fans
  • Heating: Forced AirNatural Gas

This listing courtesy of Morgan Headlee, Alpha Realty MO, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

McGregor Elementary School

1221 W Madison St, Springfield, MO, 65806

Grades KG-5

0.90 miles away

P

Pipkin Middle School

1215 N Boonville Ave, Springfield, MO, 65802

Grades 6-8

0.82 miles away

C

Central High School

423 E Central St, Springfield, MO, 65802

Grades 9-12

0.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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