LKV Realty
Logo
$365,000
$1,900Reward *
5518-5520 E Truman Road, Kansas City, MO 64127Listing ID 2618347

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

Active
Melba Park
Time on site: 103 daysLast updated: May 7, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Apartment
Days on Site
Days on Site
103
Cooling
Cooling
Window Unit(s)
Heating
Heating
Other
Year Built
Year Built
1920
Parking
Parking
Off Street, On Street

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.

Property Information

Property Details

Location

Address
5518-5520 E Truman Road
County
Jackson
City
Kansas City
Zip Code
64127
Subdivision
Melba Park
School District
Kansas City Mo
MLS Area
202 - Kansas City Area (So. of River)

Interior Features

Heating and Cooling

Cooling
Window Unit(s)
Heating
Other

Building

Building Information

Year Built
1920
Construction
Concrete, Stone & Frame, Stucco & Frame
Roof
Other

Homeowner Association

HOA Fee Frequency
None
Kansas City Real Estate, Inc., (816) 246-7700

Market Report for 64127

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Heartland MLS
Heartland MLS logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 02:12 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

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