Exceptional investment opportunity! This recently renovated all-brick 8-unit apartment building offers strong cash flow potential and long-term durability. The property consists of eight 1-bedroom, 1-bathroom units, each approximately 650 square feet, with updated interiors and well-maintained common areas. The building is currently operating as Section 8 housing, providing stable rental income and consistent tenant demand. In addition to the existing units, the basement includes two additional units that have already been framed and are ready for completion, creating a value-add opportunity for increased rental income. Solid brick construction, recent renovations, and expansion potential make this an attractive asset for both seasoned investors and those looking to grow their multifamily portfolio. Conveniently located with easy access to transportation. Don’t miss this chance to acquire a turnkey multifamily property with upside potential through the addition of two more units.
- Heating System:
- Baseboard
- Cooling System:
- Window Unit(s)
- Parking:
- Paved, Off Street
- Utilities:
- Ind Heat And Air
- Interior Features:
- Apply To All Units
- Laundry Features:
- Central Laundry
- Sewer:
- Public Sewer
- Zipcode:
- 64128
- Street:
- 27th
- Street Number:
- 5401
- Street Suffix:
- Terrace
- Longitude:
- W95° 28' 48''
- Latitude:
- N39° 4' 30.6''
- Street Dir Prefix:
- E
- Zoning:
- R-1.5
- Directions:
- 70 east to North on Van Brunt Blvd. Building will be on the right side at 27th Terrace across from Kansas City Police Department Station.
- Mls Area Major:
- 202 - Kansas City Area (So. of River)
- High School District:
- Kansas City Mo
- Office Name:
- Compass Realty Group
- Agent Name:
- Ray Homes KC Team
- Tax Annual Amount:
- $0
- Association Fee:
- $0
- Stories Total:
- 2
- Water Source:
- Public
- Construction Materials:
- Brick/Mortar
- Number Of Units Total:
- 10
- Association Fee Frequency:
- None
- Co List Agent Full Name:
- Rachel Nielsen
- Co List Agent Mls Id:
- 413522382
- Co List Office Mls Id:
- CMLC
- Co List Office Name:
- Compass Realty Group
- List Agent Mls Id:
- RHOMESTM
- List Office Mls Id:
- CMLC
- Listing Term:
- Cash, Conventional, FHA, VA Loan
- Mls Status:
- Active
- Modification Timestamp:
- 2026-08-19T14:31:10Z
- Originating System Name:
- HMLS
Community: Greendale, Residential Income For Sale
5401 E 27th Terrace, Kansas City, Missouri 64128
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 2625728
- Price :
- $750,000
- Year Built :
- 1960
- Status :
- Active
- Property Sub Type :
- Apartment
