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.
Active
$365,000
5518-5520 E Truman Rd, Kansas City, MO 64127
--beds
0baths
--sqft
Apartment
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Rear common-use outdoor areaStrong visibility
- 61 days |
- 164 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Jennifer Dove 816-260-8884,
Kansas City Real Estate, Inc.,
Marissa Andersen 816-559-1523,
Kansas City Real Estate, Inc.
Source: Heartland MLS as distributed by MLS GRID,MLS#: 2618347
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other
Cooling
- Window Unit(s)
Features
- Has basement: Yes
Property
Parking
- Parking features: Off Street, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Common Area
Lot
- Size: 3,151 Square Feet
Details
- Parcel number: 28240043800000000
- Zoning: MIXED
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Concrete, Stone & Frame, Stucco & Frame
- Roof: Other
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & HOA
Community
- Subdivision: Melba Park
HOA
- Has HOA: No
Location
- Region: Kansas City
Financial & listing details
- Annual tax amount: $6,561
- Date on market: 5/5/2026
- Listing terms: Cash,Conventional,Private Financing Available
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Listed for sale | $365,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: West Blue Valley
Nearby schools
GreatSchools rating
- 6/10Rogers Elementary SchoolGrades: PK-6Distance: 0.9 mi
- 2/10Northeast Middle SchoolGrades: 7-8Distance: 0.9 mi
- 1/10East High SchoolGrades: 9-12Distance: 0.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Missouri
- Jackson County
- Kansas City
- 64127
- West Blue Valley
- 5518-5520 E Truman Rd





