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Mixed-Use Property with Storefronts
For Sale
$295,000
Pending

5518-5520 E Truman Road, Kansas City, MO 64127

Residential Income, Kansas City, MO

Property SizeContact for details
Lot Size0.07 Acres
Days on Market146

Property Features for 5518-5520 E Truman Road

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning MIXED
Rooms Basement
Parking features On Street, Off Street
Subdivision Melba Park
Elementary school district Kansas City Mo
Middle school district Kansas City Mo
High school district Kansas City Mo
Directions From 435, West on Truman Rd, North on Oakley. Property is on the corner of Truman and Oakley.
Standard status Pending
APN 28-240-04-38-00-0-00-000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Description MELBA PARK---E 45' OF LOTS 1 & 2
Tax Annual Amount 6561
Legal Description MELBA PARK---E 45' OF LOTS 1 & 2

Utilities

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

Amenities

basement storage/workspace
common outdoor area

Building Details

Year built 1920
Floors in Building 2
Number of units 6
Building materials Concrete, Stone & Frame, Stucco & Frame
Listing Agency: Kansas City Real Estate, Inc.
Listed By: Jennifer Dove · License #2005036584
Added: May 5 Changed: Sep 17 Last Checked: Sep 27 at 1:06PM
MLS# 2618347

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.

Built in 1920, this mixed-use property combines four residential apartments with two commercial storefronts. The apartments are fully occupied by long-term tenants, and three units were renovated in 2023 before the current occupancies. One storefront is leased, while the other is vacant for a future commercial tenant or owner use. Interior condition may vary between units.

The property includes a full basement that can support storage or workspace, along with a rear common-use outdoor area. Additional features include off-street and on-street parking, window-unit cooling, public water, and public sewer. The 0.0723-acre parcel is zoned MIXED and is located on East Truman Road in Kansas City, across from a small-box discount retailer and near Downtown Kansas City.

Key Highlights

  • Four residential apartments and two commercial storefronts
  • All four residential units are occupied by long‑term tenants
  • Three residential units renovated in 2023 before tenant occupancy

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Electrical Service Skin Care Clinic

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

4
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

367
Businesses Nearby

Demographics for 64127, MO

17,191
Population
8,884
Households
1.9
Avg Household Size
34
Median Age
7%
College-Educated
72%
High-School Grad
4.2 sq mi
ZIP Area
4,093
Density / Sq Mi
$32,179
Median Household Income
$29,382
Median Earnings
$886
Median Rent
$59,300
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four apartments and two commercial storefronts combine residential occupancy with flexible ground-floor commercial space.
Where is this mixed-use property located?
The property is located at 5518-5520 E Truman Road Kansas City, MO.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Four residential apartments and two commercial storefronts; All four residential units are occupied by long‑term tenants; Three residential units renovated in 2023 before tenant occupancy
More about this property
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