$295,000
 $1,584 est/mo Sourced by Back At You

5518-5520 E Truman Road,Kansas City, MO 64127

Kansas City, MO 64127

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Description

Excellent mixed-use multifamily investment opportunity with immediate cash flow and upside potential at 5518-5520 East Truman Rd, Kansas City, MO 64127. This income-producing property features 4 residential apartments and 2 commercial storefronts, offering diversified income ideal for investors, 1031 exchange buyers, or owner-operators. Located just minutes from Downtown Kansas City on high-traffic Truman Road directly across from small-box discount retailer, the property benefits from strong visibility and continued area revitalization. Residential units are fully occupied with long-term tenants, including three Section 8 tenants paying strong market-supported rents. Three residential units were renovated in 2023 prior to tenant occupancy; current interior condition may vary from marketing photos. The photos were taken after renovation and before tenants' occupancy. One commercial storefront is leased and producing income, while the second is vacant and ready for lease-up, owner occupancy, or renovationcreating immediate upside potential. Additional features include a full basement for storage/workspace and rear common-use outdoor area. Commercial units and basement may be shown anytime. Residential apartment interiors available only after accepted LOI or mutually agreed terms. Stable income today with future upsidean excellent opportunity to acquire a cash-flowing mixed-use asset in a growing Kansas City corridor. Talk to agent about possible loan options.

Details

MLS #2618347
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1920
Days On Site125
Listing Provided ByKansas City Real Estate, Inc. | Jennifer Dove

Features

BasementY
Story(s)2
Units6
ZoningMIXED
Acreage0.07

Taxes

Property6561

Area Information

StateMO
CountyJackson
CityKansas City
Zip Code64127
Area202 Kansas City Area (So. of River)
Community NameMelba Park
Listing VS Median (in Melba Park)
Price:
$295,000
low | high
Med:
$0
On site:
125
low | high
Med:
Sourced by Back At You

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Listings courtesy of Kansas City Regional Association of REALTORS as distributed by MLS GRID.

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Learn More About This Property

StateMO
CountyJackson
CityKansas City
Zip Code64127
Area202 Kansas City Area (So. of River)
Community NameMelba Park
Listing VS Median (in Melba Park)
Price:
$295,000
low | high
Med:
$0
On site:
125
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $221K - $368K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1427 Oakley Avenue Property Photo 1
$235,000
1427 Oakley Avenue
Kansas City, MO 64127
Listing Updated: August 19, 2026 at 4:22:00 PM PDT