Listing provided courtesy of Compass Realty GroupGreater Heartland Region MLSMLS# 2625728MLS ProviderContact Information: 913-449-2555
  • 16 days on site
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Exceptional investment opportunity! This recently renovated all-brick 8-unit apartment building offers strong cash flow potential and long-term durability. The property consists of eight 1-bedroom, 1-bathroom units, each approximately 650 square feet, with updated interiors and well-maintained common areas. The building is currently operating as Section 8 housing, providing stable rental income and consistent tenant demand. In addition to the existing units, the basement includes two additional units that have already been framed and are ready for completion, creating a value-add opportunity for increased rental income. Solid brick construction, recent renovations, and expansion potential make this an attractive asset for both seasoned investors and those looking to grow their multifamily portfolio. Conveniently located with easy access to transportation. Don't miss this chance to acquire a turnkey multifamily property with upside potential through the addition of two more units.

Source: Greater Heartland Region MLS, MLS#: 2625728

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  • Property Type
    Residential Income
  • Lot
    0.20 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 5401 E 27th Terrace


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
6/13/2026Source: Greater Heartland Region MLS Added to Database
June 13, 2026