Search
Renovated 8-Unit Apartment Building
For Sale
$750,000

5401 E 27th Terrace, Kansas City, MO 64128

Residential Income, Kansas City, MO

Property SizeContact for details
Lot Size0.20 Acres
Days on Market96

Property Features for 5401 E 27th Terrace

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning R-1.5
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Basement, Bathroom 2
Parking features Off Street
Interior features Apply To All Units
Subdivision Greendale
Elementary school district Kansas City Mo
Middle school district Kansas City Mo
High school district Kansas City Mo
Directions 70 east to North on Van Brunt Blvd. Building will be on the right side at 27th Terrace across from Kansas City Police Department Station.
Standard status Active
APN 28-810-10-13-00-0-00-000
Lot size 0.20 Acres

Taxes and HOA fees

Tax Description GREENDALE LOTS 58 & 59
Tax Annual Amount 113000
Legal Description GREENDALE LOTS 58 & 59

Utilities

Sewer type Public Sewer
Heating system Baseboard
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1960
Floors in Building 2
Number of units 10
Building materials Brick/Mortar
Roof type Composition
Listing Agency: Compass Realty Group
Listed By: Ray Homes KC Team
Added: Jun 12 Changed: Sep 12 Last Checked: Sep 15 at 12:06AM
MLS# 2625728

Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 8-unit apartment property at 5401 E 27th Terrace in Kansas City, Missouri, was built in 1960 and has recently renovated interiors and maintained common areas. The all-brick building contains eight 1-bedroom, 1-bathroom apartments, each approximately 650 square feet. Baseboard heating, window-unit cooling, a composition roof, and off-street parking serve the existing units.

The property is operated as Section 8 housing and includes a basement with two additional units framed for completion. The 0.2-acre site is zoned R-1.5 and connected to public water and public sewer. Its Kansas City location provides access to transportation, while the basement configuration offers room for additional residential space subject to completion and applicable requirements.

Key Highlights

  • 8 existing 1‑bedroom, 1‑bathroom apartment units
  • Each apartment is approximately 650 square feet
  • Basement includes two additional units framed for completion

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

257
Businesses Nearby

Demographics for 64128, MO

11,872
Population
6,681
Households
1.8
Avg Household Size
37
Median Age
10%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
3,957
Density / Sq Mi
$35,257
Median Household Income
$31,227
Median Earnings
$926
Median Rent
$64,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Brick construction, off-street parking, and updated interiors support a practical multifamily configuration.
Where is this apartment building located?
The property is located at 5401 E 27th Terrace Kansas City, MO.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 8 existing 1‑bedroom, 1‑bathroom apartment units; Each apartment is approximately 650 square feet; Basement includes two additional units framed for completion
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message