Description
151 Colonial Lane,
Troy,
MO
63379
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 youre 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.
This is an Active listing.
Broker Office Phone Number: 636-528-9501
Copyright © 2025MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Dishwasher
- Fireplace
- Garbage Disposal
- Refrigerator
- Vinyl Flooring
- Wood Floors
- Washer / Dryer
- Driveway
- Garage
- Underground Parking
Listing By: Nichols Real Estate via Data Source: MARIS
Multi-Family Home
Property type
Troy R-III
School District
Troy R-III
School District
troy-r-iii-troy-mo
Schools
Main Street Elem.
Elementary
Troy Middle
Middle
Troy Buchanan High
High
Price History
date | price | variance | type |
---|
6/24/2025 | $399,000 | - | Listed |
listing agent: Ashley Nichols