Search
8-Unit Apartment Building
For Sale
$465,000

5121 Thompson Ave, Kansas City, MO 64124

Six one-bedroom apartments and two two-bedroom apartments form the building’s unit mix.

Property SizeContact for details
Days on Market13

Property Features for 5121 Thompson Ave

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 88%

Units

Unit Mix 6 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units 8

Additional Details

Gross Income $66,576

Building Details

Year Built 1923
Listing Agency: Integrity 1St Real Estate Solutions
Listed By: Amy Arndorfer · License #2000156181
Source: Amysold
Added: Oct 7 Changed: Oct 19 Last Checked: Oct 19 at 6:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Integrity 1St Real Estate Solutions

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 8-unit apartment building contains six 1-bedroom, 1-bathroom units and two 2-bedroom, 1-bathroom units. Built in 1923, the property has had foundation work, termite treatment, window replacement, flooring updates, and a concrete patio installation. Most units have newer appliances and PTAC climate control systems.

The property is located at 5121 Thompson Ave in Kansas City, Missouri. Occupancy is 7/8. A unit-level maintenance and improvement spreadsheet and an inspection report from the prior year are available.

Key Highlights

  • 8 apartments: six 1‑bedroom, 1‑bathroom units and two 2‑bedroom, 1‑bathroom units
  • 7/8 occupancy
  • Built in 1923

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Lease Details

8
Residential units
87.5%
Occupancy

Location Intelligence

Trade Area within ½ mile

571
Businesses Nearby

Demographics for 64124, MO

12,754
Population
4,914
Households
2.6
Avg Household Size
31
Median Age
17%
College-Educated
71%
High-School Grad
1.7 sq mi
ZIP Area
7,502
Density / Sq Mi
$46,384
Median Household Income
$32,080
Median Earnings
$954
Median Rent
$109,400
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

Frequently Asked Questions

What type of property is this?
Apartment building - Six one-bedroom apartments and two two-bedroom apartments form the building’s unit mix.
Where is this apartment building located?
The property is located at 5121 Thompson Ave Kansas City, MO.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 8 apartments: six 1‑bedroom, 1‑bathroom units and two 2‑bedroom, 1‑bathroom units; 7/8 occupancy; Built in 1923
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
Why this one?
Saved
Reason not saved — we won't ask again