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8-Unit Apartment Building
For Sale
$750,000

5401 E 27th Terrace, Kansas City, MO 64128

The property operates as Section 8 housing and includes framed basement space for two additional units.

Property SizeContact for details
Days on Market10

Property Features for 5401 E 27th Terrace

General Information

Standard status Active
Property subtype Residential Income
Zoning R-1.5

Site & Location

Neighborhood South Blue Valley

Units

Unit Mix 8 x 1BR/1BA
Multifamily Units 8

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Amenities

Apply To All Units

Building Details

Year Built 1960
Buildings 1
Stories 2
Units 10
Construction brick
Listing Agency: Compass Realty Group
Listed By: Ray Homes KC Team
Source: Fishburnrealtyllc
Added: Oct 23 Changed: Oct 30 Last Checked: Oct 29 at 8:29PM

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 Compass Realty Group

Rey
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Investment Insights

Based on property information with market context.

Built in 1960, this all-brick apartment property contains eight units, each with one bedroom, one bathroom and approximately 650 square feet. The interiors have been updated, and the common areas are maintained. The property is currently operated as Section 8 housing and is zoned R-1.5.

Two additional basement units have been framed but are not complete. Their completion would add to the building’s existing eight-unit configuration.

Key Highlights

  • Eight one‑bedroom, one‑bathroom apartments, each approximately 650 square feet
  • All‑brick construction; built in 1960
  • Two additional basement units are framed and require completion

Property Analytics

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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
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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 - The property operates as Section 8 housing and includes framed basement space for two additional units.
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: Eight one‑bedroom, one‑bathroom apartments, each approximately 650 square feet; All‑brick construction; built in 1960; Two additional basement units are framed and require completion
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