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Commercial 5-Plex Investment Opportunity
For Sale
$450,000

8828 N Main Street, Kansas City, MO 64155

MULTI_FAMILY - Kansas City, MO

Property SizeContact for details
Lot Size0.88 Acres
Days on Market436

Property Features for 8828 N Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-7.5
Subdivision Bigham Heights
Elementary school district North Kansas City
Middle school district North Kansas City
High school district North Kansas City
Directions 152 Hwy. to N. Oak Tfwy, south to 88th Terr, right to N. Main to complex
Standard status Active
APN 13-309-00-03-012.00
Lot size 0.88 Acres

Taxes and HOA fees

Tax Description BIGHAM HEIGHTS PT LT 24 BEG 115.32'S OF NE COR LT 24, S139.61, W235.38, NW154.63, E301.86 TO POB
Tax Annual Amount 2794
Legal Description BIGHAM HEIGHTS PT LT 24 BEG 115.32'S OF NE COR LT 24, S139.61, W235.38, NW154.63, E301.86 TO POB

Utilities

Sewer type Septic Tank
Water source Public

Building Details

Floors in Building 2
Number of units 5
Roof type Composition
Listing Agency: United Real Estate Kansas City
Listed By: Pat Grace · License #2002007771
Added: May 28, 2025 Changed: May 13 Last Checked: Aug 6 at 5:06PM
MLS# 2552439

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 commercial 5-plex presents an investment opportunity in a desirable area. The property features two studio apartments with one bath each, two one-bedroom units with one bath each, and one two-bedroom unit with two baths. Off-street concrete parking is available, and some storage space is included. Separate electric meters are installed for each unit. A large green space is part of the property. The property is located close to a shopping area. The gross rental income is $47,100 annually. Unit 1a rents for $800 on an annual lease, Unit 2b rents for $700 on an annual lease, Unit 3c rents for $700 on an annual lease, Unit 4d rents for $725, and Unit 5E, a two-bedroom unit, rents for $1,000 on an annual lease. The property is zoned R-7.5 and is situated on a 0.88-acre lot. New septic is planned for 2025. This property is suitable for a 1031 exchange.

Key Highlights

  • Significant rate buy down offered to qualified buyers.
  • $47,100 gross annual rental income.
  • 5‑plex commercial property ideal for investors.

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Building Supply Garden Center Electrical Service Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

496
Businesses Nearby

Demographics for 64155, MO

28,195
Population
11,016
Households
2.6
Avg Household Size
36
Median Age
44%
College-Educated
96%
High-School Grad
14.6 sq mi
ZIP Area
1,931
Density / Sq Mi
$96,909
Median Household Income
$51,695
Median Earnings
$1,338
Median Rent
$284,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit property with income potential in a desirable location.
Where is this apartment building located?
The property is located at 8828 N Main Street Kansas City, MO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Significant rate buy down offered to qualified buyers.; $47,100 gross annual rental income.; 5‑plex commercial property ideal for investors.
More about this property
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