5518-5520 E Truman Rd

Beds
Baths
2,168 Sq. Ft.
$168 / Sq. Ft.
2,168
Sq. Ft.
$168
per Sq. Ft.

Description

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...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.
  1. Listed by Jennifer Dove • Kansas City Real Estate, Inc.
    P: (816)-260-8884 C: (816)-260-8884 jennifer.dove@gmail.com
  2. Listed by Marissa Andersen • Kansas City Real Estate, Inc.
    P: (816)-246-7700 Marissasellskcmo@gmail.com

Property Details for 5518-5520 East Truman Road

Zoning
MIXED
LISTING UPDATED: 05/07/2026 02:49 PM

Property Details for 5518-5520 East Truman Road

StatusActive
MLS #2618347
Days on Market69
Pet Policy-
Taxes$6,561 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1920
CountyJackson County

Location

Listing Courtesy of Kansas City Real Estate, Inc.
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Building Information for 5518-5520 East Truman Road

Building/Complex5518-5520 E Truman RdFloor-Stories2Residences6Pet Policy-Pet Policy Details-Year Built1920Building Size-

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Property Information for 5518-5520 East Truman Road

Summary
Location and General Information
  • City: Kansas City
  • County Or Parish: Jackson
  • Directions: From 435, West on Truman Rd, North on Oakley. Property is on the corner of Truman and Oakley.
  • Inside City Limits: Yes
  • Latitude: 39.094297
  • Longitude: -94.517201
  • MLS Area Major: 202 - Kansas City Area (So. of River)
  • Zip Code: 64127
  • State Or Province: MO
  • Subdivision: Melba Park
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Abatement YN: No
  • Tax Special Amount: 0
  • Tax Annual Amount: $6,561.00
  • Parcel Number: 28-240-04-38-00-0-00-000
  • Tax Annual Amount: $6,561.00
  • Tax Legal Description: MELBA PARK---E 45' OF LOTS 1 & 2
School Information
  • High School District: Kansas City Mo
Parking
  • Garage: No
  • Parking Features: Off Street, On Street
Property
Lot Information
  • Accessibility Features: Accessible Common Area
  • Building Area Total: 2168.0
  • Lot Size Area: 3,151.00
  • Lot Size Source: Public Records
  • Lot Size SqFt: 3,151.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Concrete, Stone & Frame, Stucco & Frame
  • Documents Available: Lease Agreements
  • Documents Count: 1
  • Age Description: 101 Years/More
  • FEMA 100 Yr Flood Plain: Unknown
  • Special Documents Required YN: 0
  • Type Of Management: Owner Manager
  • Photos Count: 13
  • Senior Community: No
  • Year Built: 1920
Utilities
  • Sewer: Public Sewer
  • Utilities: Separate Meters
  • Electric: 200+ Amp Service, Separate Meters
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: No
  • Road Responsibility: Public Maintenance
  • Roof: Other
Interior Features
  • Basement YN: Yes
  • Bathrooms Total: 0
  • Unit Type: 1 Bedroom, Other Unit
  • Cooling: Window Unit(s)
  • Central Air YN: No
  • Heating: Other
  • Stories Total: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Gross Income: $48,600.00
  • Maintenance Provided YN: No
  • Operating Expense: $19,229.00
  • Operating Expense Includes: Insurance, Real Estate Tax, Refuse Collection, Water/Sewer
Unit 1
  • Unit Type: Unit Rent Includes: Sewer,Water
  • Unit Type: Type: Other Unit
  • Unit Type: Units Total: 1
Unit 2
  • Unit Type: Unit Rent Includes: Sewer,Water
  • Unit Type: Type: Other Unit
  • Unit Type: Units Total: 2
Unit 3
  • Unit Type: Unit Rent Includes: Sewer,Water
  • Unit Type: Type: 1 Bedroom
  • Unit Type: Units Total: 3
Unit 4
  • Unit Type: Unit Rent Includes: Sewer,Water
  • Unit Type: Type: 1 Bedroom
  • Unit Type: Units Total: 4
Unit 5
  • Unit Type: Unit Rent Includes: Sewer,Water
  • Unit Type: Type: Studio
  • Unit Type: Units Total: 5
Unit 6
  • Unit Type: Unit Rent Includes: Sewer,Water
  • Unit Type: Type: Studio
  • Unit Type: Units Total: 6
Rental
Rent Information
  • Current Occupancy Rate: 80-90%
  • Deposit: Clear Title
  • Existing Lease Terms: Month To Month

Property History for 5518-5520 East Truman Road

DateEvent & SourcePriceAppreciation
May 5, 2026

Listed (Active)

HEARTLANDMLS #2618347

$365,000
DateEvent & SourcePrice
05/05/2026

Listed (Active)

HEARTLANDMLS #2618347

$365,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 5518-5520 East Truman Road

This home is within Kansas City 33 School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Rogers Elementary School
PublicPK to 6

Northeast Middle School
Public7 to 8

East High School
Public9 to 12

Holliday Montessori
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

5518-5520 East Truman Road is a multi-family home for sale in Kansas City, MO 64127. This property was listed for sale on May 5, 2026 by Kansas City Real Estate, Inc., it's currently listed at $365,000. This listing's school district is Kansas City 33 School District. Nearby schools include Rogers Elementary School, Northeast Middle School and East High School. 5518-5520 East Truman Road is a 0-bed, 0-bath, 2,168 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kansas City Real Estate, Inc.

Listings courtesy of Heartland MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 05/07/2026 02:49 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.