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151 Colonial Lane, Troy, MO 63379

Local realty services provided by:CENTURY 21 Bailey & Co.
151 Colonial Lane,Troy, MO 63379
$399,000
  • - Beds
  • - Baths
  • 2,600 sq. ft.
  • Multi-family
  • Active
Listed by: ashley nichols, robert nichols
Office: nichols real estate
MLS#:25042804
Source:MO_MARIS

Price summary

  • Price:$399,000
  • Price per sq. ft.:$153.46

About this home

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.

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Home facts

  • Year built:1958
  • Listing ID #:25042804
  • Added:218 day(s) ago
  • Updated:January 28, 2026 at 05:19 PM

Rooms and interior

  • Living area:2,600 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Baseboard

Structure and exterior

  • Year built:1958
  • Building area:2,600 sq. ft.
  • Lot area:1.22 Acres

Schools

  • High school:Troy Buchanan High
  • Middle school:Troy Middle
  • Elementary school:Main Street Elem.

Utilities

  • Water:Public

Finances and disclosures

  • Price:$399,000
  • Price per sq. ft.:$153.46
  • Tax amount:$2,202 (2024)
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