5121 Thompson Avenue is a 3,496 sq ft home in Dundee Park, Kansas City, MO, listed at $465,000 on October 6, 2026. HouseLoop Vision saw fenced yard, stucco exterior and gas range in its 6 listing photos (as of November 15, 2026).
$465,000
5121 Thompson Avenue, Kansas City, MO 64124
About this home
An exceptional opportunity awaits the discerning investor looking to secure a high-performing asset that meets the highly coveted 1% rule. Situated in a prime downtown location, this 8-unit multifamily complex offers an immediate revenue stream alongside substantial value-add potential. The property comprises six 1 bed, 1 bath units, and two 2 bed, 1 bath units currently yielding $5,548 per month in rental income with a 7/8 occupancy rate. Significant capital expenditures have already been completed, including a foundation repair, comprehensive termite treatment, new windows, updated flooring, and a newly poured concrete patio. Additionally, the majority of the units feature recently replaced appliances and PTAC climate control systems. A detailed spreadsheet is provided for all maintenance and upgrades on each unit. Additionally, an inspection report is available from the last year. Backed by a recent $600,000 appraisal, this turnkey asset is primed for immediate acquisition.
HouseLoop Vision — AI-detected features from listing photos
HouseLoop's photo analysis of 5121 Thompson Avenue, Kansas City, MO 64124 identified fenced yard, stucco exterior, gas range, wood kitchen cabinets, white appliances and white trim, plus 4 more features. The home is an active 3,496-square-foot apartment listed for $465,000, MLS #2645865.
Key HouseLoop Vision features
- Gas range
- Wood kitchen cabinets
- White appliances
- Fenced yard
- Stucco exterior
- Iron fence
- Flat lot
- Brown exterior
- White trim
- White walls
Interior
Bedrooms & bathrooms
- Full bathrooms: 0
Heating
- Heating: Natural Gas
Cooling
- Cooling: Window Unit(s)
Features
- Features: Individual Storage
Interior area
- Total interior livable area: 3,496 sqft
Property
Parking
- Parking features: On Street, Other
Lot
- Size: 0.09 Acres
Construction
Type & style
- Home type: Residential Income
- Architectural style: Apartment
Materials
- Materials: Concrete, Stucco
Condition
- Year built: 1923
- Age: 101 Years/More
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Financial & listing details
- Annual tax amount: $4,712 / yr
No HOA on this home.
Your payment
Est. payment
$3,261/mo
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Where it’s at
Nearby schools
Kansas City Mo · HouseLoop school ratings
- Gladstone Elementary School6
- Northeast Middle School2
- Northeast High School2
Price & tax history
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Similar listings and the Kansas City market
Look throughout Kansas City, Missouri
There are currently 2,089 homes for sale in Kansas City, with 767 under contract. Homes here sell for a median of $299,950 and go under contract in a median of 21 days. This home is priced $165,050 above the Kansas City median.
Kansas City sits in Jackson County, which covers 51 zip codes and 2,950 homes for sale. Nearby Lee's Summit runs a higher median at $410,000; Independence is lower at $222,100.
Listed by KW KANSAS CITY METRO
Listed October 06, 2026 06:43 PM · Source: Heartland MLS as distributed by MLS GRID · MLS #2645865
HouseLoop last checked:
Listing updated:
$465,000
5121 Thompson Avenue, Kansas City, MO 64124
HouseLoop user activity
HouseLoop last checked:
About this home
An exceptional opportunity awaits the discerning investor looking to secure a high-performing asset that meets the highly coveted 1% rule. Situated in a prime downtown location, this 8-unit multifamily complex offers an immediate revenue stream alongside substantial value-add potential. The property comprises six 1…
HouseLoop Vision — AI-detected features from listing photos
HouseLoop's photo analysis of 5121 Thompson Avenue, Kansas City, MO 64124 identified fenced yard, stucco exterior, gas range, wood kitchen cabinets, white appliances and white trim, plus 4 more features. The home is an active 3,496-square-foot apartment listed for $465,000, MLS #2645865.
Where HouseLoop Vision saw them
Key HouseLoop Vision features
- Gas range
- Wood kitchen cabinets
- White appliances
- Fenced yard
- Stucco exterior
- Iron fence
- Flat lot
- Brown exterior
- White trim
- White walls
See this home in person
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$3,261
Offer Insights
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$413,850 – $422,685
Estimated Sales Range
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Property Details
Interior
Bedrooms & bathrooms
- Full bathrooms: 0
Heating
- Heating: Natural Gas
Cooling
- Cooling: Window Unit(s)
Features
- Features: Individual Storage
Interior area
- Total interior livable area: 3,496 sqft
Property
Parking
- Parking features: On Street, Other
Lot
- Size: 0.09 Acres
Construction
Type & style
- Home type: Residential Income
- Architectural style: Apartment
Materials
- Materials: Concrete, Stucco
Condition
- Year built: 1923
- Age: 101 Years/More
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
HOA and Amenities
No HOA on this home.
Nearby schools
GreatSchools rating
- 6Gladstone Elementary School
- 2Northeast Middle School
- 2Northeast High School
Schools provided by the listing agent
- District: Kansas City Mo
Price history
Tax
- Annual tax amount: $4,712 / yr
Similar listings and the Kansas City market
Look throughout Kansas City, Missouri
There are currently 2,089 homes for sale in Kansas City, with 767 under contract. Homes here sell for a median of $299,950 and go under contract in a median of 21 days. This home is priced $165,050 above the Kansas City median.
Kansas City sits in Jackson County, which covers 51 zip codes and 2,950 homes for sale. Nearby Lee's Summit runs a higher median at $410,000; Independence is lower at $222,100.
Common questions about this home
How do I schedule a tour of 5121 Thompson Avenue?
5121 Thompson Avenue is open for tours now. It is a 3,496 sqft home listed at $465,000. Tap Tour this home to hold up to three times before you pick one. HouseLoop confirms your tour and your HouseLoop agent meets you there, no back-and-forth phone tag required.
How do I get more information about 5121 Thompson Avenue?
It is a 3,496 sqft home listed at $465,000. Ask Myli anything about this home right on this page. She can pull the schools, taxes, HOA and recent sales in Kansas City in seconds. Or tap Ask a question to reach a HouseLoop agent directly.
Can I take a virtual tour of 5121 Thompson Avenue?
Not yet. 5121 Thompson Avenue doesn't have a video walkthrough posted with this listing. The photos and floor plan on this page are the best preview available right now. Tap Tour this home and your HouseLoop agent will walk it live on video for you. If you can't make it in person. Ask Myli to check back once one is added.
How many homes are for sale near 5121 Thompson Avenue?
55 homes are currently for sale in 64124. More options nearby usually means more room to negotiate and more to compare this home against before you commit. Ask Myli to pull the closest matches by price and size. Tap Tour this home to see this one first.
What is the 64124 neighborhood like?
5121 Thompson Avenue sits in 64124. The median list here is $220,000, versus $265,000 across Kansas City, MO. Homes in 64124 go under contract in a median of 22 days, slower than Kansas City, MO as a whole. A tighter zip code inside a bigger city often trades a little on price for a lot on convenience. Ask Myli how 64124 compares to nearby zips. Tap Tour this home to see the block for yourself.
How much is the monthly payment for 5121 Thompson Avenue?
About $2,650 a month with 10% down at 6.5% over 30 years, before taxes and insurance. With this home's $4,712 tax bill and mortgage insurance folded in it lands near $3,260. Median sold price in 64124 is $183,500 — this $465,000 list is above it. Your real number moves with the down payment and rate you lock. Drag the sliders on this page. Tap Get pre-approved and Myli lines up a pre-approval.
How do I get pre-approved to buy 5121 Thompson Avenue?
Tap Get pre-approved. We send your request to the one local lender you pick. That lender answers you from their own phone number and email. It is a soft credit check only. A pre-approval is what turns "we're just looking" into a real number sellers take seriously. Especially in 64124, where sellers accept 88% of list on average. Tap Get pre-approved to get the process moving. Ask Myli what to expect first.
Can I negotiate the asking price for 5121 Thompson Avenue?
Yes. 5121 Thompson Avenue was listed on October 6, 2026. Sellers in 64124 accepted about 12% under list on average over the last 12 months across 53 sales. Your HouseLoop agent writes the offer with the recent sales in Kansas City sitting right beside it. You know before you sign whether you're negotiating from strength. Ask Myli or tap Ask a question to start.
What is a good offer for 5121 Thompson Avenue?
Sellers in 64124 accepted 88% of list over the last 12 months across 53 sales, median $183,500. Near $399,900 – $408,735 on this $465,000 list. The median home here took 22 days to go under contract. Most sellers aren't fielding three offers on day one. See the Offer Insights section on this page for the full range. What wins fast, what holds, where offers get ignored. Tap Ask a question and Myli writes the offer strategy with a HouseLoop agent the same day.
How do I make an offer on 5121 Thompson Avenue?
Making an offer on 5121 Thompson Avenue means putting a price, a timeline and your financing in writing. Along with any contingencies you want. Inspection, financing, or an appraisal gap clause if the market calls for one. Ask Myli "what should I offer" or tap Ask a question. Your HouseLoop agent prepares the offer and handles the contingencies, timing and paperwork with you, not for you.
What is the price per square foot for 5121 Thompson Avenue?
$133 per square foot ($465,000 over 3,496 sqft). Homes sold in 64124 over the same window went for a median of $116 per square foot. This home is priced a bit above that per-square-foot median. Price per square foot is the fastest way to compare this home to the next one you tour. See Offer insights below for how that stacks up against what's actually selling. Ask Myli to pull three more like it nearby.
How long has 5121 Thompson Avenue been on the market?
Listed on October 6, 2026. Homes in 64124 typically go under contract in 22 days. How long a home has been listed is the clearest early read on a seller's flexibility. It is worth checking back as this one's count grows. Tap ♥ to save it and HouseLoop will let you know the moment the price or status changes.
When was 5121 Thompson Avenue built?
5121 Thompson Avenue was built in 1923, so it is about 103 years old. A home's age shapes what an inspection tends to flag. Roof, HVAC and plumbing lifespans especially. Ask Myli what to expect from a home this age. Tap Tour this home to see the mechanicals in person.
What is the lot size of 5121 Thompson Avenue?
0.09 acres (about 3,720 square feet), per the county record for 5121 Thompson Avenue. Lot size drives what you can add later. A pool, a shop, room to expand — more than the house itself does. Ask Myli how that compares to other lots in Kansas City. Tap Ask a question to find out what's allowed.
Does 5121 Thompson Avenue have a garage, a basement, air conditioning?
5121 Thompson Avenue's public record shows no garage or basement on file, and window unit(s) cooling. Garage size and a finished basement are two of the fastest ways to add real living space without a remodel. Ask Myli if that trade-off makes sense for your search. Tap Tour this home to see it in person.
What schools serve 5121 Thompson Avenue?
Gladstone Elementary School (6/10), Northeast Middle School (2/10), Northeast High School (2/10) in the Kansas City Mo district. Per GreatSchools' 1-10 ratings for this address. School assignment is one of the few things you can't change after closing. It's worth confirming before you tour. Ask Myli to pull the full attendance boundary. Tap Ask a question to double-check with the district.
Is 64124 a buyer's or a seller's market right now?
64124 is currently a buyer's market (elevated inventory), with about 12.5 months of supply. Homes there go under contract in a median of 22 days. That shapes how much room you have to negotiate and how fast you need to move. Ask Myli what that means for an offer on 5121 Thompson Avenue. Tap Ask a question for a HouseLoop agent's read on it.
What are the property taxes for 5121 Thompson Avenue?
Public records show about $4,712 a year (1% of the list price) for 5121 Thompson Avenue. Taxes can change on reassessment, especially after a sale. Property tax is folded into the payment estimate above. Drag the sliders in the HouseLoop Mortgage Calculator to see how a different assessment would change your monthly number. Tap Get pre-approved to ask a lender directly.
Are there HOA fees for 5121 Thompson Avenue?
No HOA is listed for 5121 Thompson Avenue, and public records show none recorded on this parcel. No HOA means more control over the property and no monthly fee. Also no shared maintenance budget for the roof, the street or the common areas. Ask Myli if that trade-off makes sense for you.
Is 5121 Thompson Avenue still for sale?
Yes — 5121 Thompson Avenue is active as of October 6, 2026. Tap Tour this home to see it in person this week. Ask Myli to run the numbers on financing and the neighborhood's recent sales first. If you want the full picture before you go. She can also pull the schools and taxes while you decide.
Can I share 5121 Thompson Avenue with someone?
Yes. Tap the share icon on this page to send 5121 Thompson Avenue by text, email, or straight to Facebook, X or WhatsApp. Whoever opens it lands on this exact page, photos and FAQ included, no login required to view. Ask Myli to summarize the home in a few lines you can paste yourself instead, if that's faster.
How do I follow the Kansas City market?
Tap ♥ on 5121 Thompson Avenue to get a text the moment its price or status changes. Search Kansas City on HouseLoop and tap Save search to hear about every new listing that matches. A saved search runs in the background and checks itself. You see a new listing the day it hits rather than a week later. Ask Myli to set one up for you in this conversation.
Can I ask a question about 5121 Thompson Avenue?
Yes. Ask her anything about 5121 Thompson Avenue right below this list: the price history, the schools, what a fair offer looks like. Or how it compares to what else is for sale in Kansas City. She reads the full listing record and this page's own market data before she answers. Hands off to a HouseLoop agent the moment a question needs one. Tap Ask Myli below to start.
Listing data: Heartland MLS, distributed by MLS GRID. Market numbers: HouseLoop analysis of Heartland MLS data distributed by MLS GRID · over the last 12 months · Listing updated October 06, 2026 06:45 PM
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HouseLoop analysis of Heartland MLS data distributed by MLS GRID · trailing 12 months. Median sale price: the median closed price among sold homes in that zip over the same window.
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Listed by KW KANSAS CITY METRO
Listed October 06, 2026 06:43 PM · Source: Heartland MLS as distributed by MLS GRID · MLS #2645865
HouseLoop last checked:
Listing updated: