Listing provided courtesy of Kansas City Real Estate, Inc.Greater Heartland Region MLSMLS# 2618347MLS ProviderContact Information: 816-260-8884
  • 55 days on site
  • 12 views

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.

Source: Greater Heartland Region MLS, MLS#: 2618347

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  • Property Type
    Residential Income
  • Lot
    0.07 acres

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Melanie Jacobs McGraw

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 5518-5520 E Truman Road


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/5/2026Source: Greater Heartland Region MLS Added to Database
May 05, 2026