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Quadplex with Retail Storefronts
For Sale
$365,000

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

MULTI_FAMILY - Kansas City, MO

Property SizeContact for details
Lot Size0.07 Acres
Days on Market100

Property Features for 5518-5520 E Truman Road

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning MIXED
Rooms Basement
Parking features Off Street, On 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 Active
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

full basement for storage/workspace
rear common-use 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: Aug 2 Last Checked: Aug 12 at 1:06AM
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.

This quadplex-style mixed-use property includes four residential apartments and two commercial storefronts. Residential units are fully occupied with long-term tenants, and three units are Section 8. Three residential units were renovated in 2023 prior to tenant occupancy, and interior condition may vary from marketing photos. One storefront is leased and producing income, while the second storefront is vacant and available for lease-up, owner occupancy, or renovation.

The property includes a full basement for storage or workspace, along with a rear common-use outdoor area. It was built in 1920. Cooling is provided via window units, and parking is available on-street and off-street. Public water and public sewer services are in place.

Located at 5518-5520 E Truman Road in Kansas City, the site is just minutes from Downtown Kansas City and is described as directly across from a small-box discount retailer on high-traffic Truman Road. Residential interiors are available only after accepted LOI or mutually agreed terms, and commercial units and the basement may be shown anytime.

Key Highlights

  • 0.0723‑acre mixed‑use property with four apartments and two storefronts
  • Residential units are fully occupied with long‑term tenants, including three Section 8 tenants
  • Three residential units renovated in 2023 prior to tenant occupancy

Property Analytics

Current Use

Quadplexes

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

614
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Mixed-use building with four residential apartments and two storefronts, including one leased retail unit.
Where is this quadplex 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 $365,000.
What are key features of this property?
This property features: 0.0723‑acre mixed‑use property with four apartments and two storefronts; Residential units are fully occupied with long‑term tenants, including three Section 8 tenants; Three residential units renovated in 2023 prior to tenant occupancy
More about this property
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