5518-5520 E Truman Road Kansas City, MO $ 365,000
5518-5520 E Truman Road
$ 365,000
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5518-5520 E Truman Road

Kansas City, MO, 64127
$ 365,000
Baths0.0

Monthly Estimate*

$ 2,247

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Studio

Multi-Family Home for sale in Kansas City, MO

for $365,000. This home was built in 1920 on a lot size of 0.072337.

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 renovation—creating 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 upside—an excellent opportunity to acquire a cash-flowing mixed-use asset in a growing Kansas City corridor. Talk to agent about possible loan options.

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Multi-Family Active

Price

$ 365,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,561

Style

Lot Size

0.072337

Year Built

1920

Town/City

Kansas City

County/Region

Jackson

MLS | Web ID

2618347

Features
General
Sewer Public Sewer
Heating Other
Cooling Window Unit(s)
Utilities Separate Meters
Roof Other
Zoning MIXED
HOA Fee 0
Construction Materials Concrete Stone & Frame Stucco & Frame
Year Built 1920
Property Subtype Apartment
Accessibility Accessible Common Area
Assoc Fee Paid Per None
County Jackson
Property Type Residential Income
HOA N
Subdivision Name Melba Park
Garage Y/N N
Status Active
Directions From 435 West on Truman Rd North on Oakley. Property is on the corner of Truman and Oakley.
City Kansas City
High School District Kansas City Mo
Number Of Units Total 6
MLS Area 202 - Kansas City Area (So. of River)
Lot Size Units Square Feet
Lot Size Square Feet 3151
Listing Terms Cash Conventional Private Financing Available
Public Remarks 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 reside
Standard Status Active
In Flood Plain Unknown
HMS_MaintenanceProvidedYN N
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Exterior
Parking Features Off Street On Street
Water Source Public
Lot Size Area 3151
Road Responsibility Public Maintenance
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Interior
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N N
Unit Type 1 Bedroom Other Unit
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* Excluded Features
List By
Kansas City Real Estate, Inc.

Broker

Affordability Calculator

$2,794
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,247
Monthly Property Taxes
$547
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
651531 Elementary School
651448 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/5/2026$365,000 Listed Price

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5518-5520 E Truman Road, Kansas City, MO, 64127 is a Multi-Family Home for sale at $365,000 with a lot size of 0.072337. 5518-5520 E Truman Road is a studio with 0.0 baths and was built in 1920. The property's zip code is 64127 which is in Kansas City, MO