14
  • Type
  • 2-4 Units, Residential Income
  • 3
  • Garages

151 Colonial Lane, Troy, MO 63379

  • $399,000

Description

Investment Opportunity in the Heart of Troy, MO – R3 Zoned Property
Fantastic development potential on this over 1-acre parcel located right in the heart of Troy. Zoned R3 – Multi-Family Residential, this property currently features a 3-bedroom, 3-bathroom home with an attached 2-car garage and a detached 1-car garage-perfect for storage, workshop space, or future tenant use. Some work is currently being finished on the home, making it even more move-in or rent-ready while you plan your development.

A site plan is already in place to expand the property with:
• Two duplexes – Each with 3 bedrooms and 2 bathrooms
• Two single-family dwellings – Each with 2 bedrooms and 1 bathroom

Whether you’re looking to build out a full investment portfolio or add more rental units in a growing area, this property is shovel-ready for your vision. Utilities are accessible, and the central location offers unmatched convenience for future tenants.

  • Address: 151 Colonial Lane
  • City: Troy
  • State/county: MO
  • Zip/Postal Code: 63379
  • Area: N/A

Details

Updated on October 16, 2025 at 5:59 pm
  • Property ID 25042804
  • Price $399,000
  • Land Area 1.22 Acres
  • Garages 3
  • Garage Size x x
  • Year Built 1958
  • Type 2-4 Units, Residential Income
  • Property Status Active

Additional details

  • Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan
  • Utilities Cable Available,Sewer Connected,Water Connected
  • Cooling Central Air,Electric
  • Heating Baseboard
  • Flooring Vinyl,Wood
  • County Lincoln
  • Property Type Residential Income
  • Parking Additional Parking,Attached,Basement,Circular Driveway,Concrete,Detached
  • Elementary School Main Street Elem.
  • Middle School Troy Middle
  • High School Troy Buchanan High
  • Architectural Style Ranch

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