64131 Homes under $500,000

64131 Homes under $500,000

Welcome to the vibrant and diverse 64131 zip code in Kansas City, Missouri, nestled within the heart of Jackson County. This charming area is a hidden gem for homebuyers seeking affordability without sacrificing lifestyle. With a range of homes available for under $500,000, the 64131 zip code offers an enticing opportunity for first-time buyers, families, and anyone looking to invest in a community that is rich in character and potential.

The 64131 area is known for its welcoming neighborhoods, each boasting unique charm and a sense of community. From beautifully maintained historic homes to modern constructions, there’s a property to suit every taste and budget. The affordability of homes in this region allows residents to enjoy spacious living without the hefty price tag often found in other parts of the city.

Living in 64131 means you’re just a stone’s throw away from the bustling Kansas City scene. Enjoy easy access to local parks, shopping centers, and a variety of dining options that cater to every palate. Families will appreciate the proximity to quality schools and recreational facilities, making it an ideal place to raise children.

Whether you're looking for a cozy bungalow or a contemporary family home, the 64131 zip code offers a plethora of choices under $500,000, making it a smart investment for your future. Explore the possibilities and discover the charm of Kansas City living in this delightful neighborhood!

Newest 64131 Homes under $500,000

8030 Campbell Street, Kansas City
$399,950
*ALL UNITS OCCUPIED* Investment opportunity in the heart of Waldo! Offered at $399,995, this all-brick fourplex generates approximately $50,580 in annual gross rental income with an estimated NOI of $35,334—representing an attractive 8.83% cap rate and a price of approximately $99,999 per unit. Each unit is a 2/1 with approx. 972 sqft of living space. Each spacious unit offers a comfortable, house-like feel that sets the property apart from a typical apartment building. Tenants also enjoy large private basement storage areas with laundry hookups and ample off-street parking. Utilities are separately metered and paid by the tenants, except for water, helping simplify operations and control owner expenses. The property is within walking distance of Waldo’s popular shops, restaurants, and neighborhood amenities, while remaining just minutes from State Line Road and convenient access to Kansas. Current average rents are approximately $1,054 per unit per month, leaving additional value-add potential. With strategic updates as units turn, a future owner may have the opportunity to improve the units, increase rents, grow NOI, and strengthen the property’s long-term value. With durable all-brick construction, strong current income, spacious units, exceptional storage, ample parking, and an established Waldo location, this property offers an appealing combination of immediate cash flow and future upside.

8030 Campbell Street, Kansas City

Listing courtesy of Nic Helm of Sold in KC LLC.

Start Your Search

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.

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2026, Heartland Multiple Listing Service, Inc. Heartland MLS and the company represented by this website do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Data last updated . Terms of Use