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Two Six-Unit Apartment Buildings
For Sale
Under Contract
$935,000

5029-5035 Troost Avenue, Kansas City, MO 64110

MULTI_FAMILY - Kansas City, MO

Property SizeContact for details
Lot Size0.31 Acres
Days on Market50

Property Features for 5029-5035 Troost Avenue

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning R-1.5
Rooms Basement
Parking 12
Parking features Off Street
Exterior features Balcony
Subdivision Troostwood
Elementary school district Kansas City Mo
Middle school district Kansas City Mo
High school district Kansas City Mo
Directions From US-71 Highway, take the 55th Street exit and head west to Troost Avenue. Proceed north on Troost Avenue approximately 0.4 miles. Property is located on the west side of Troost Avenue between E. 50th Street and E. 51st Street, directly across from UMKC.
Standard status Active Under Contract
APN 30-630-20-64-00-0-00-000
Lot size 0.31 Acres

Taxes and HOA fees

Tax Description 5029-35 TROOST TROOSTWOOD LOTS 27 & 28 & N 30FT LOT 29
Tax Annual Amount 4800
Legal Description 5029-35 TROOST TROOSTWOOD LOTS 27 & 28 & N 30FT LOT 29

Utilities

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

Building Details

Year built 1920
Floors in Building 3
Number of units 12
Building materials Brick, Brick/Mortar
Listing Agency: The Tiehen Group
Listed By: James Tiehen · License #BR00023809
Added: Jun 24 Changed: Aug 3 Last Checked: Aug 12 at 1:06AM
MLS# 2627865

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 offering consists of two six-unit apartment buildings totaling 12 residential units. The units are described as large one-bedroom, one-bath floorplans. The property is being marketed with potential for value-add through interior renovations and operational improvements, and the seller notes current rents are below market.

The buildings are located at 5029–5035 Troost Avenue in Kansas City and sit directly across from UMKC. The listing indicates convenient access to the Country Club Plaza, Brookside, and major employment centers. The property is zoned R-1.5, and the lot size is listed as 0.31 acres.

For buyers seeking a multifamily asset with an established unit mix of one-bedroom, one-bath homes, this configuration may fit investors interested in renovation and operational improvement. The listing advises that tenants should not be disturbed and that showings require advance notice; contact the listing agent for scheduling details and additional information. Buyer to verify all information, including square footage, taxes, and financials.

Key Highlights

  • Two six‑unit apartment buildings totaling 12 units
  • All units are large one‑bedroom, one‑bath floorplans
  • Construction includes brick/brick‑mortar with a year built of 1920

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office HVAC Service Daycare Center Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

653
Businesses Nearby

Demographics for 64110, MO

15,874
Population
8,655
Households
1.8
Avg Household Size
32
Median Age
50%
College-Educated
95%
High-School Grad
3.0 sq mi
ZIP Area
5,291
Density / Sq Mi
$59,710
Median Household Income
$38,852
Median Earnings
$1,155
Median Rent
$238,200
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 - Twelve large one-bedroom, one-bath units across two buildings with upside through interior renovations and operations.
Where is this apartment building located?
The property is located at 5029-5035 Troost Avenue Kansas City, MO.
What is the asking price?
The asking price for this property is $935,000.
What are key features of this property?
This property features: Two six‑unit apartment buildings totaling 12 units; All units are large one‑bedroom, one‑bath floorplans; Construction includes brick/brick‑mortar with a year built of 1920
More about this property
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