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.
Active
$334,900
509 W Olive Street #206, Springfield, MO 65806
2beds
1,721sqft
Condominium
Built in 1926
-- sqft lot
$323,100 Zestimate®
$195/sqft
$516/mo HOA
What's special
Beautiful hardwood floors throughoutOpen floor planTwo generously sized bedroomsTwo modern bathroomsStainless steel appliancesStunning fully furnished condoExposed brick
- 152 days |
- 176 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Morgan Headlee 417-224-1348,
Alpha Realty MO, LLC
Source: SOMOMLS as distributed by MLS GRID,MLS#: 60314272
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Free-Standing Electric Oven, Dryer, Washer, Microwave, Refrigerator, Disposal
- Laundry: Main Level, W/D Hookup
Features
- High Speed Internet, Internet - Fiber Optic, Internet - DSL, Internet - Cellular/Wireless, Internet - Cable, Concrete Counters, Soaking Tub, Granite Counters, High Ceilings
- Flooring: Hardwood, Tile
- Windows: Blinds, Double Pane Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,721
- Total interior livable area: 1,721 sqft
- Finished area above ground: 1,721
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: City
Lot
- Size: 1,742 Square Feet
Details
- Parcel number: 1323103020
- Other equipment: Intercom
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Frame, Block
- Foundation: Brick/Mortar
Condition
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Fire Sprinkler System, Fire Alarm
- Subdivision: Olive Corner Condominium
HOA
- Services included: Common Area Maintenance, Maintenance Structure, Insurance, Trash
- HOA fee: $516 monthly
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $212,400
- Annual tax amount: $2,970
- Date on market: 1/30/2026
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Estimated market value
$323,100
$307,000 - $339,000
$1,846/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Price change | $334,900+6.7%$195/sqft |
Source: | ||
| 2/1/2023 | Pending sale | $314,000$182/sqft |
Source: | ||
| 12/21/2022 | Listed for sale | $314,000$182/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,173 -26.9% | $40,360 -16.5% |
| 2024 | $2,971 +0.5% | $48,310 |
| 2023 | $2,956 -2% | $48,310 |
| 2022 | $3,017 | $48,310 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: West Central
Nearby schools
GreatSchools rating
- 4/10Mcgregor Elementary SchoolGrades: K-5Distance: 0.9 mi
- 7/10Central High SchoolGrades: 6-12Distance: 0.7 mi
- 4/10Parkview High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: SGF-McGregor
- Middle: SGF-Westport
- High: SGF-Parkview
Source: SOMOMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Missouri
- Greene County
- Springfield
- 65806
- West Central
- 509 W Olive Street Unit 206






