Value-add 9-unit investment opportunity with income already in place and clear upside ahead! Five finished units currently generate $3,150/month, while three additional units have been gutted and are ready to be finished. The previous roof leak has been addressed, and the final unit will require additional work to get rent-ready. Ideal for an investor looking to increase occupancy, improve cash flow, and build long-term value.
Active
Listed by: Farlow Real Estate Experts Inc • Jeremy Farlow • 217-641-2995
Price cut: $20.1K (7/13)
$239,897
504 Broadway, Hannibal, MO 63401
10beds
5baths
9,720sqft
Multi Family, Apartment
Built in 1895
-- sqft lot
$-- Zestimate®
$25/sqft
$-- HOA
What's special
- 74 days
- 527
- 29
Zillow last checked:
Listing updated:
Listed by:
Jeremy Farlow 217-641-2995,
Farlow Real Estate Experts Inc
Source: MARIS,MLS#: 26028320
Originating MLS: East Central Board of REALTORS
Originating MLS: East Central Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Heating
- Baseboard, Forced Air, Natural Gas
Cooling
- Central Air, Electric, Window Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 9,720
- Total interior livable area: 9,720 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 010.08.28.2.18.004.000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Apartment Style
- Property subtype: Multi Family, Apartment
Materials
- Brick
Condition
- Year built: 1895
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: City/Hannibal
HOA
- Has HOA: No
Location
- Region: Hannibal
Financial & listing details
- Price per square foot: $25/sqft
- Annual tax amount: $2,763
- Date on market: 5/12/2026
- Cumulative days on market: 75 days
- Listing terms: Cash,Conventional,Other
- Inclusions: Building, Land
Estimated market value
Not available
Estimated sales range
Not available
$1,386/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Price change | $239,897-7.7%$25/sqft |
Source:  MARIS #26028320 Report a problem | ||
| 6/6/2026 | Price change | $260,000-5.5%$27/sqft |
Source: MARIS #26028320 Report a problem | ||
| 5/12/2026 | Listed for sale | $275,000-12.7%$28/sqft |
Source: MARIS #26028320 Report a problem | ||
| 7/31/2025 | Listing removed | $315,000$32/sqft |
Source: MARIS #25004556 Report a problem | ||
| 6/6/2025 | Listed for sale | $315,000$32/sqft |
Source: MARIS #25004556 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 63401
Nearby schools
Schools provided by the listing agent
- Elementary: Eugene Field Elem.
- Middle: Hannibal Middle
- High: Hannibal Sr. High
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
