$399,000

151 Colonial Ln Troy, MO 63379

Estimated payment $2,258/month

Total Views 8,867
-- Bed
-- Bath
2,600 Sq Ft
$153 Price per Sq Ft

Highlights

  • 1.22 Acre Lot
  • Ranch Style House
  • 1 Fireplace
  • Wood Burning Stove
  • Wood Flooring
  • No HOA

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.

Listing Agent

Ashley Nichols

Nichols Real Estate License #2021050156 Listed on: 06/23/2025

Co-Listing Agent

Bob Nichols

Nichols Real Estate License #2002007156

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,202

Year Built

  • Built in 1958

Lot Details

  • 1.22 Acre Lot

Parking

  • 3 Car Garage
  • Basement Garage
  • Circular Driveway
  • Additional Parking

Home Design

  • Ranch Style House

Interior Spaces

  • 2,600 Sq Ft Home
  • 1 Fireplace
  • Wood Burning Stove
  • Entrance Foyer
  • Formal Dining Room
  • Partially Finished Basement

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Laundry

  • Laundry in Hall
  • Laundry on main level

Schools

  • Main Street Elem. Elementary School
  • Troy Middle School
  • Troy Buchanan High School

Utilities

  • Central Air
  • Baseboard Heating
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 157025003003015000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,202

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Property Sub-Type: 2-4 Units
  • ResoLaundryFeatures: In Hall, Main Level
  • Lot Size Acres: 1.22
  • Co List Office Mls Id: MISNICR01
  • Co List Office Phone: 636-528-9501
  • Co List Office Phone: 636-528-9501
  • MLS Status: Active
  • Subdivision Name: n/a
  • Above Grade Finished Sq Ft: 2190
  • Architectural Style: Ranch
  • Carport Y N: No
  • Reso Fireplace Features: Wood Burning Stove
  • New Construction: No
  • MIS_AboveGradeFinishedAreaSrchSqFt: 2190.00
  • MIS_SellerConsiderConcessionYN: 1
  • MIS_UnitCount: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished
  • Interior Amenities: Entrance Foyer, High Speed Internet, Pantry, Separate Dining
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave, Oven, Refrigerator, Water Heater
  • Basement YN: Yes
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Vinyl, Wood

Exterior Features

  • Disclosures: Agent Owned
  • Construction Type: Other

Garage/Parking

  • Garage Spaces: 3
  • Attached Garage: Yes
  • Attached Garage: Yes
  • Parking Features: Additional Parking, Attached, Basement, Circular Driveway, Concrete, Detached
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air, Electric
  • Heating: Baseboard
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Main Street Elem.
  • Junior High Dist: Troy R-III
  • High School: Troy Buchanan High
  • Middle Or Junior School: Troy Middle

Lot Info

  • Parcel Number: 157025003003015000

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2202

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,464 $39,218 $8,330 $30,888
2024 $2,202 $34,394 $5,554 $28,840
2023 $2,188 $34,394 $5,554 $28,840
2022 $2,100 $32,846 $5,554 $27,292
2021 $2,117 $173,390 $0 $0
2020 $1,894 $154,750 $0 $0
2019 $1,896 $154,750 $0 $0
2018 $1,963 $30,081 $0 $0
2017 $1,968 $30,081 $0 $0
2016 $1,766 $26,269 $0 $0
2015 $1,770 $26,269 $0 $0
2014 -- $26,575 $0 $0
2013 -- $26,382 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2025 06/23/25 For Sale $399,000 -- $153 / Sq Ft
Source: MARIS MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Special Warranty Deed -- None Available
Special Warranty Deed -- Continental Title
Source: Public Records

Source: MARIS MLS

MLS Number: MIS25042804

MARIS MLS

APN: 157025003003015000