5518-5520 E Truman Road, Kansas City, MO

$295,000

Previous Next

About 5518-5520 E Truman Road

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.

Features of 5518-5520 E Truman Road

MLS® # 2618347
Price $295,000
Bathrooms 0.00
Year Built 1920
Type Residential Income
Sub-Type Apartment
Status Active

Community Information

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

Amenities

Utilities Separate Meters
Parking Off Street, On Street

Interior

Heating Other
Cooling Window Unit(s)
Fireplace No
# of Stories 2
Has Basement Yes

Exterior

Roof Other
Construction Concrete, Stone & Frame, Stucco & Frame

School Information

District Kansas City Mo

Additional Information

Date Listed May 5th, 2026
Zoning MIXED
HOA Fees Freq. None

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?