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
Open on Google Maps-
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
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees