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509 W Olive Street 206, Springfield, MO 65806

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For Sale

$344,900

2 beds • 2 baths • 1,721 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Condominium
    Property type

  • Newly Listed
    Time on Century 21

  • $200.41
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 60299372

Courtesy Of Alpha Realty MO LLC

(417) 719-1560

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan, Security System, Security System
  • Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Block
  • Floor Covering
    Hardwood, Tile
  • Heating System
    Forced Air
  • Lot Size
    0.04 Acres
  • View Type
    City

Map and Directions

Directions to 509 W Olive Street 206, Springfield, MO 65806

Home seller CENTURY 21 Performance Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Performance Realty

(417) 742-7653
Learn More About Us

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Copyright © 2025 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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