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Downtown Springfield Home for Sale

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    $334,900

    • 2 Beds
    • 2 Baths
    • 1,721 Sq Ft

    509 W Olive St Unit 206, Springfield, MO 65806

    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

    Morgan Headlee Alpha Realty MO, LLC

    509 W Olive St Unit 206, Springfield, MO 65806

Why Live in Downtown Springfield

Downtown Springfield is the city's cultural hub and a primarily commercial neighborhood that has recently seen the addition of loft housing. The area has one- and two-bedroom condos with hardwood floors, exposed brick, high ceilings and open living areas. Park Central Square serves as the neighborhood's urban plaza, surrounded by office buildings, shops, a museum and a theater. Founders Park hosts summer concerts in its amphitheater, while Jordan Valley Park provides a large grassy field and a water fountain for children. Dining options range from the Springfield Brewing Company to the Vantage Rooftop Lounge and Conservatory and the Flame Steakhouse & Wine Bar. The History Museum on the Square and the Discovery Center of Springfield offer educational attractions, with exhibits like the Birthplace of Route 66 and interactive science displays. The neighborhood hosts numerous events throughout the year, including Artsfest, the Birthplace of Route 66 Festival & Car Show, Cider Days and the Mayor’s Tree Lighting Holiday Show. Public transportation is convenient with a City Utilities bus station. The Springfield-Branson National Airport is less than 10 miles away. Public school students in the area may earn dual credit through nearby Missouri State University. The Discovery School offers a private, hands-on STEM education option for students in kindergarten to 12th grade.

Frequently Asked Questions

Is Downtown Springfield a good place to live?
Downtown Springfield is a good place to live. Downtown Springfield is considered fairly walkable and very bikeable. Downtown Springfield is a suburban neighborhood. Downtown Springfield has 6 parks for recreational activities. It is somewhat dense in population with 7.0 people per acre and a median age of 28. The average household income is $35,481 which is below the national average. College graduates make up 33.4% of residents. A majority of residents in Downtown Springfield are renters, with 98.1% of residents renting and 1.9% of residents owning their home. A local real estate agent serving Downtown Springfield can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Springfield neighborhood guide.
Is Downtown Springfield, MO a safe neighborhood?
Downtown Springfield, MO is less safe than the average neighborhood in the United States. It received a crime score of 8 out of 10.
How much do you need to make to afford a house in Downtown Springfield?
The median home price in Downtown Springfield is $334,900. If you put a 20% down payment of $67,000 and had a 30-year fixed mortgage with an interest rate of 6%, your estimated principal and interest payment would be $1,610 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $69K a year to afford the median home price in Downtown Springfield. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Springfield is $35K.
What are the best public schools in Downtown Springfield?
The best public schools that serve Downtown Springfield are:
  • Reed Academy has a B- Niche grade, a student teacher ratio of 12:1 and an average review score of 1.7.
  • Jarrett Middle has a C+ Niche grade, a student teacher ratio of 14:1 and an average review score of 4.7.
  • Rountree Elementary School has a C+ Niche grade and a student teacher ratio of 13:1.
What are the best private schools in Downtown Springfield?
The best private schools that serve Downtown Springfield are:
What are the most popular zip codes in Downtown Springfield, Springfield, MO?
The most popular zip codes in Downtown Springfield, Springfield, MO include 65806, 65802, 65807, 65804 and 65809.
What are the most popular neighborhoods near Downtown Springfield, Springfield, MO?
The most popular neighborhoods near Downtown Springfield, Springfield, MO are Walnut Street, West Central, Grant Beach, Midtown Springfield and Bingham.

Home Trends in Downtown Springfield, MO

Housing Trends

Median 2 Bedroom Sale Price
$334,900
Average Price Per Sq Ft
$195
Number of Homes for Sale
1
Last 12 months Home Sales
0
Median List Price
$334,900
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