# 3604 McMasters Avenue, Hannibal, MO 63401 > **TL;DR:** 8bd/7ba residential multi family, $1,500,000 ($85/sqft), built 1935, 17,600 sqft. > A/C. Est. $8,023/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,500,000 | | Price/sqft | $85 | | Bedrooms | 8 | | Bathrooms | 7 full | | Square Feet | 17,600 | | Year Built | 1935 | | Lot Size | 22,651 sqft (0.52 acres) | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $7,585 | | Estimated Insurance | $438 | | **Total** | **$8,023** | ## Nearby Schools - **Elementary:** Veterans Elem. - **Middle:** Hannibal Middle - **High:** Hannibal Sr. High ## Key Amenities - A/C ## Property Highlights - Built in 1935 - 0.52 acre lot - 2 stories ## Description ### Agent Description This 45 - unit extended-stay hotel presents an excellent opportunity for an investor seeking an established, income-producing property with strong operational history. All rooms have received at least some updates, with select units featuring completely new furniture and appliances. The property has built a strong reputation among guests, reflected in consistently high reviews and positive feedback. Historically, the hotel has maintained high occupancy levels, demonstrating strong and sustained demand for extended-stay accommodations. In recent months, demand has been particularly strong, with the property reaching full occupancy and maintaining waiting lists during certain periods. The extended-stay model provides guests with the convenience and flexibility of longer-term accommodations while offering the owner potential for stable recurring revenue. The combination of updated units, strong guest satisfaction, and proven occupancy makes this property an attractive turnkey investment opportunity. With continued demand and additional opportunities to enhance select rooms, a new owner may have multiple avenues to further improve performance. This is a rare opportunity to acquire an established 45-unit extended-stay property with a proven track record and strong market appeal. ## Location - **Address:** 3604 McMasters Avenue, Hannibal, MO 63401 - **County:** Marion - **Neighborhood:** Shepherd Place - **Coordinates:** 39.713669, -91.391405 - **Google Maps:** https://www.google.com/maps?q=39.713669,-91.391405 ## Listing Agent - **Name:** Ryan Farber - **Brokerage:** Compass - **Broker Phone:** (314) 347-1658 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/3604-McMasters-Ave_Hannibal_MO_63401_M96786-21629?f=listhub&s=MARISMO&m=26064691&c=propsimple) ## Photos ![3604 McMasters Avenue - Photo 1](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f2296110736r.jpg) ![3604 McMasters Avenue - Photo 2](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f2315589703r.jpg) ![3604 McMasters Avenue - Photo 3](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f2100205674r.jpg) ![3604 McMasters Avenue - Photo 4](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f1648342942r.jpg) ![3604 McMasters Avenue - Photo 5](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f90751265r.jpg) ![3604 McMasters Avenue - Photo 6](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f3423855229r.jpg) ![3604 McMasters Avenue - Photo 7](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f134706341r.jpg) ![3604 McMasters Avenue - Photo 8](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f3598377265r.jpg) ![3604 McMasters Avenue - Photo 9](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f1696226425r.jpg) ![3604 McMasters Avenue - Photo 10](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f274681038r.jpg) ![3604 McMasters Avenue - Photo 11](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f2893026070r.jpg) ![3604 McMasters Avenue - Photo 12](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f1755541201r.jpg) ![3604 McMasters Avenue - Photo 13](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f2727170665r.jpg) ![3604 McMasters Avenue - Photo 14](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f363335926r.jpg) ![3604 McMasters Avenue - Photo 15](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f4290647303r.jpg) ![3604 McMasters Avenue - Photo 16](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f2627061379r.jpg) ![3604 McMasters Avenue - Photo 17](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f1347181279r.jpg) ![3604 McMasters Avenue - Photo 18](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f3191275310r.jpg) ![3604 McMasters Avenue - Photo 19](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f3904130175r.jpg) ![3604 McMasters Avenue - Photo 20](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f591372674r.jpg) ![3604 McMasters Avenue - Photo 21](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f3635672059r.jpg) ![3604 McMasters Avenue - Photo 22](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f3423329078r.jpg) ![3604 McMasters Avenue - Photo 23](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f2306732174r.jpg) ![3604 McMasters Avenue - Photo 24](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f3600130240r.jpg) ![3604 McMasters Avenue - Photo 25](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f241698295r.jpg) ![3604 McMasters Avenue - Photo 26](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f2870083844r.jpg) ![3604 McMasters Avenue - Photo 27](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f4252011488r.jpg) ![3604 McMasters Avenue - Photo 28](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f471595640r.jpg) ![3604 McMasters Avenue - Photo 29](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f3308073894r.jpg) ![3604 McMasters Avenue - Photo 30](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f862153380r.jpg) ![3604 McMasters Avenue - Photo 31](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f1529908925r.jpg) ![3604 McMasters Avenue - Photo 32](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f508999187r.jpg) ![3604 McMasters Avenue - Photo 33](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f1503678018r.jpg) ![3604 McMasters Avenue - Photo 34](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f3623745528r.jpg) ![3604 McMasters Avenue - Photo 35](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f4151087551r.jpg) ![3604 McMasters Avenue - Photo 36](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f1634431550r.jpg) ![3604 McMasters Avenue - Photo 37](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f2185792695r.jpg) ![3604 McMasters Avenue - Photo 38](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f3357089078r.jpg) ![3604 McMasters Avenue - Photo 39](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f1082459750r.jpg) ![3604 McMasters Avenue - Photo 40](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f3615887347r.jpg) ![3604 McMasters Avenue - Photo 41](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f2266307265r.jpg) ![3604 McMasters Avenue - Photo 42](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f1769474392r.jpg) ![3604 McMasters Avenue - Photo 43](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f3201669856r.jpg) ![3604 McMasters Avenue - Photo 44](http://lh.rdcpix.com/2b970d2a3c07e1e0513e1e757c429a3cl-f2994696173r.jpg) --- **MLS#:** 26064691 | **Updated:** 2026-10-29 **Source:** listhub *Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/3604-mcmasters-avenue-hannibal-mo-63401-b1a61f9228314e2e9a65896ab0e59d9b) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/3604-mcmasters-avenue-hannibal-mo-63401-b1a61f9228314e2e9a65896ab0e59d9b#listing", "url": "https://staging.propertysimple.ai/listing/3604-mcmasters-avenue-hannibal-mo-63401-b1a61f9228314e2e9a65896ab0e59d9b", "name": "3604 McMasters Avenue, Hannibal, MO 63401", "description": "This 45 - unit extended-stay hotel presents an excellent opportunity for an investor seeking an established, income-producing property with strong operational history. 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