509 W Olive St Unit 206 Springfield, MO 65806
Downtown Springfield NeighborhoodEstimated payment $2,541/month
Highlights
- City View
- High Ceiling
- Double Pane Windows
- Hydromassage or Jetted Bathtub
- Granite Countertops
- 5-minute walk to Park Central Square
About This Home
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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,971
Year Built
- Built in 1926
HOA Fees
- $516 Monthly HOA Fees
Home Design
- Wood Frame Construction
- Concrete Block And Stucco Construction
- Masonry
Interior Spaces
- 1,721 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
- Double Pane Windows
- Blinds
- Tile Flooring
- City Views
- Intercom
Kitchen
- Stove
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Concrete Kitchen Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Schools
- Mcgregor Elementary School
- Parkview High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- High Speed Internet
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 1323103020
Community Details
Overview
- Association fees include building insurance, building maintenance, common area maintenance, trash service
- Olive Corner Condominium Subdivision
- On-Site Maintenance
Security
- Fire and Smoke Detector
- Fire Sprinkler System
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $2,971 | $40,360 | $0 | $40,360 |
2024 | $2,971 | $48,310 | $17,760 | $30,550 |
2023 | $2,956 | $48,310 | $17,760 | $30,550 |
2022 | $3,017 | $48,310 | $17,760 | $30,550 |
Property History
Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
---|---|---|---|---|---|
10/10/2025 10/10/25 | Price Changed | $334,900 | -2.9% | $195 / Sq Ft | |
07/11/2025 07/11/25 | For Sale | $344,900 | +9.8% | $200 / Sq Ft | |
03/02/2023 03/02/23 | Sold | -- | -- | -- | View Prior Sale |
02/01/2023 02/01/23 | Pending | -- | -- | -- | |
12/21/2022 12/21/22 | For Sale | $314,000 | -- | $182 / Sq Ft |
Source: Southern Missouri Regional MLS
MLS Number: 60299372

APN: 13-23-103-020
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