Kansas City, MO Real Estate Search

Kansas City, MO Multi-Family Properties for Sale

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Newest Kansas City, MO Multi-Family Homes for Sale

$295,000
Excellent mixed-use multifamily investment opportunity with immediate cash flow and upside potential at 5518-5520 East Truman Rd, Kansas City, MO 64127. This income-producing property features 4 residential apartments and 2 commercial storefronts, offering diversified income ideal for investors, 1031 exchange buyers, or owner-operators. Located just minutes from Downtown Kansas City on high-traffic Truman Road directly across from small-box discount retailer, the property benefits from strong visibility and continued area revitalization. Residential units are fully occupied with long-term tenants, including three Section 8 tenants paying strong market-supported rents. Three residential units were renovated in 2023 prior to tenant occupancy; current interior condition may vary from marketing photos. The photos were taken after renovation and before tenants' occupancy. One commercial storefront is leased and producing income, while the second is vacant and ready for lease-up, owner occupancy, or renovation—creating immediate upside potential. Additional features include a full basement for storage/workspace and rear common-use outdoor area. Commercial units and basement may be shown anytime. Residential apartment interiors available only after accepted LOI or mutually agreed terms. Stable income today with future upside—an excellent opportunity to acquire a cash-flowing mixed-use asset in a growing Kansas City corridor. Talk to agent about possible loan options.

5518-5520 E Truman Road, Kansas City

Listing courtesy of Jennifer Dove of Kansas City Real Estate, Inc..

$560,000
PRICE REDUCED with $560,000 appraisal in hand! Ultimate house hack potential meets strong in-place income today with real upside built in. This exceptionally maintained Midtown fourplex features a highly desirable unit mix of three 1BR/1BA units and one massive 3BR/2BA main floor unit, creating the ideal setup to live comfortably while the remaining units offset or fully cover your payment. The main unit offers true house-like living with significant square footage, making it far more livable than the typical “house hack” setup. The property has seen significant capital improvements over time—including major exterior and system upgrades of nearly $100,000—giving the next owner a stable, dialed-in asset from day one. Current rents are already solid, but the real opportunity is in unlocking additional income through mid-term rentals, short-term rentals, utility bill-back, and premium unit positioning, all supported by the unbeatable location. Situated on a tree-lined street surrounded by owner-occupied homes and just steps from the streetcar, Plaza, and Westport, this is an A+ walkable urban location that consistently drives demand and minimizes vacancy risk. Additional income streams already exist with coin laundry and leased parking, while in-unit washer/dryer setups in several units add tenant appeal. A dry basement, strong layout, and proximity to everything Kansas City has to offer make this a standout opportunity for investors looking for cash flow now with multiple levers to grow returns over time, or an owner-occupant ready to maximize income in one of the city’s most desirable corridors.

3717 Baltimore Avenue, Kansas City

Listing courtesy of Alex Olson of Legendary Apartment Brokers.

$1,995,000
This 10-house Kansas City portfolio offers immediate scale, strong in-place income, and a straightforward path to long-term upside. Located from Midtown through South Kansas City and into Raytown, all properties are fully occupied with paying tenants, providing day-one cash flow across a mix of 2-bedroom, 3-bedroom, and larger homes in proven rental locations. The homes have been well maintained and operate as true low-effort rentals, with tenants generally handling utilities and lawn care, keeping expenses predictable and ownership simple. Current rents are solid with additional upside to market over time, allowing for organic income growth without heavy renovations. A key highlight is the pricing advantage—this package is being offered at a discount compared to selling each home individually, creating immediate built-in equity. Investors can continue to hold for cash flow or execute a longer-term strategy of selling homes off individually as they become vacant, capturing retail pricing and maximizing total return. Opportunities to acquire a scaled, occupied SFR portfolio in Kansas City with this level of simplicity and upside are limited. Portfolio may be available in smaller packages. 8114 Spring Valley Dr, Raytown, MO 64138; 7404 E 108th St, Kansas City, MO 64134; 4106 Roanoke Rd, Kansas City, MO 64111; 4144 Wyoming St, Kansas City, MO 64111; 3600 Summit St, Kansas City, MO 64111; 4301 E 105th St, Kansas City, MO 64137; 8216 Grand Ave, Kansas City, MO 64114; 823 W 39th Ter, Kansas City, MO 64111; 2755 Cherry St, Kansas City, MO 64109; 3816 Wyoming St, Kansas City, MO 64111

3816 Wyoming Street, Kansas City

Listing courtesy of Alex Olson of Legendary Apartment Brokers.

$375,000
A rare true 2-family opportunity in Red Bridge. House hack, multigenerational living, or hold both units, this property is built for buyers who want flexibility most homes don't offer. Two fully separate units, two separate entrances, separately metered utilities, on a 17,760 sq ft corner lot. At 3,368 sq ft, this is the largest duplex currently available in the immediate market. At $111 per square foot, it offers more space per dollar than any comparable sale in the area. Unit 1 (main level): 3 bedrooms, 2.5 bathrooms, 2,257 sq ft. Hardwood floors, exposed beam ceiling, brick fireplace, built-ins, and generous room sizes throughout. Large kitchen with abundant cabinetry. Full unfinished basement with walkout potential. Unit 2 (upper level): 2 bedrooms, 1 bathroom, 1,111 sq ft. Private entrance. Functional and self-contained. Live in one, rent the other. House hack your mortgage. Set up an in-law suite. Or hold both as a rental. The bones and the zoning support all three. Foundation work completed and certified by licensed structural engineer. 7 I-beam braces installed, cracks sealed, perimeter grading improved. Full documentation including initial report and completion letter available in MLS documents. Seller to complete full roof replacement before closing. Property needs cosmetic updating. Priced to reflect condition. The right buyer will recognize the value in the bones, the zoning, and the documentation. New furnace in Unit 1. 3-car attached garage. Sold AS-IS. Inspections welcome for buyer's information only. Previous inspection report available upon request. Center School District. Minutes from Brookside, Ward Parkway, and major highways.

11415 Minor Drive, Kansas City

Listing courtesy of Bemate Bomboma of Directions Realty L L C.

$405,000
Back on market no fault to seller, Financing fell thru .Discover the ultimate investment opportunity with this unique and freshly renovated barndominium now available for sale. With 100% occupancy and a commendable monthly rental income of $4500, this property is a goldmine for savvy investors. , The versatile main warehouse that was built in 2017 is an adaptable space that can serve multiple uses, from office space to photo shoots, events, rehearsals, or various entertainment ventures. Additionally, a cozy 1-bedroom apartment within the main warehouse offers the perfect setup for an owner-occupant wishing to live on-site while benefiting from a positive cash flow. A sizable basement in the main warehouse presents invaluable storage options or the potential for further project development. The accompanying car lot features two offices, adding yet another dimension to this diverse property. Security is top-of-the-line, with a comprehensive security system already in place for peace of mind. The property doesn't fall short on amenities, offering ample parking space for both residents and guests, alongside a charming patio area, perfect for relaxation or social events. This multipurpose building has yet more space for a third tenant; the owner is using the space for storage, but the space can be rented and bring an additional $1000 a month in income. Embrace this chance to own a turnkey property where business opportunities flourish. Leases are month to month, but tenants would like to stay and sign a new lease with the new owner. The car lot tenant is long term and has been renting the space for 10 years. Warehouse address 7603 E 67th St, car lot address 7601 E 67th Street.additional 6615 Richmond can be added to your portfolio buy separate or together

7601 E 67th Street, Kansas City

Listing courtesy of Yolanda Gordon of Yolanda Gordon.

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The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.

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