4 months on rocket

521 Walnut St, Hannibal, MO, 63401

$189,000

Home List Price

$2,244*

Closing Credit

0 Baths
Multi

Location

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521 Walnut St, Hannibal$189,000

Buyer Closing Credits

$2,244*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1875
HeatingForced Air
CoolingElectric
MLS #24044595
Lot Size0.14 Acres
StatusActive

About 521 Walnut St

Welcome to 521-523 Walnut! This is an updated turn-key, investment property! The exterior and interior have been completely updated. This property features two units. One unit is an efficiency unit and rents for $1,150 per month. This unit has a front patio. The second unit has two bedrooms and two bathrooms and rents for $1,415 per month. This unit has balcony and a deck. Each unit is currently fully furnished, has separate HVAC, laundry, and is separately metered. This could be a great short term rental, long term rental, or live in one unit and rent the other. The current owner pays all utilities currently. Located near downtown Hannibal. Great cash flow property. This property would be good to add to your portfolio! Potential rental income is $30,480 minus expenses (insurance, taxes, utilities) of $8,850 leaving a net income of $21,630 (minus any loan payment if getting a loan).

Property Details

Property Features

Property Information:

  • Year Built: 1875

Listing Office:

  • Office Name: Hannibal Realty LLC

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $189,000

Tax Information:

  • Annual Amount: $250
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Hannibal, MO.

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Hannibal, MO

City

Med. List Price

$174.8K

Med. Price/SqFt

$108

Avg. Days On Market

70

# of Sold Homes

16

521 Walnut St vs Hannibal

124 DAYS ON ROCKET

+54 Days

$189,000

+$14.2K More

KEY TAKEAWAY

This property is $14.2K more than the Median List Price in Hannibal, MO.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MARIS
  • MLS Number: #24044595

Listing Office:

  • Office Name: Hannibal Realty LLC

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2024 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 5:23:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$250$3,940
2019$250$3,940
2018$250$3,940
2017$207$3,940

History based on county public records data.

Payment Calculator

$1,011

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$633

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-782995
5
/10

  • A. D. Stowell Elementary School

  • 500 Union St

  • 0.13 miles

  • Public District Grades KG-5

school-card-donut-782996
2
/10

  • Eugene Field Elementary School

  • 1405 Pearl St

  • 0.98 miles

  • Public District Grades KG-5

school-card-donut-782997
6
/10

  • Mark Twain Elementary School

  • 2800 Bird St

  • 1.76 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,625. Most Hannibal, MO residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Hannibal, MO

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Hannibal, MO.

Hannibal's housing market offers a blend of architectural styles, with a significant presence of historic homes that reflect the town's rich past. Single-family homes are prevalent, many of which exhibit Victorian and Colonial influences, indicative of the town's historical significance. The market also includes a selection of modern apartments and townhouses, accommodating a range of preferences and lifestyles. The homeownership rate in Hannibal is robust, with a majority of residents owning their homes, while a smaller yet substantial segment of the population opts for renting.

What is it like to live in Hannibal, MO?

Hannibal is celebrated for its strong literary heritage as the hometown of famed author Mark Twain. The community prides itself on maintaining a quaint, small-town atmosphere that is both welcoming and steeped in cultural history. Annual events, such as the National Tom Sawyer Days, capture the town's spirit and draw visitors from across the region. The town's character is further defined by its scenic riverfront and historic downtown area, which serve as central hubs for community engagement and local festivities.

Is it easy to get around Hannibal, MO without a car?

The community is served by a network of public schools, including elementary, middle, and high schools, that cater to the educational needs of local families. Hannibal also hosts a number of healthcare facilities, offering residents access to primary care, emergency services, and specialized medical treatments. The town's public library system supports lifelong learning and community activities. Retail and dining options in Hannibal reflect the local culture, with an emphasis on independent businesses and eateries that highlight regional cuisine and crafts.

Transportation in Hannibal, MO.

Transportation in Hannibal includes a mix of private and public transit options, with local bus services providing connectivity within the town and its surroundings. The community's layout and infrastructure support a moderate level of walkability, particularly in the downtown area, which is designed to be pedestrian-friendly. For those commuting or traveling by car, Hannibal is served by a network of roads that connect to major highways, facilitating access to nearby cities and states. While ride-sharing services are present, they complement rather than dominate the transportation landscape.

Rocket Homes›Missouri›Marion County›Hannibal›63401›521 Walnut St

This home is located at 521 Walnut St in Hannibal, MO and zip code 63401. This home, which was built in 1875, sits on a 0.14 acre lot. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $189,000.

The number of homes for sale in Hannibal, MO increased by 11.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 70 days, the median list price was $174,800.

From Rocket Homes Real Estate and based on county public records data.

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