Date
Details
Price
Change
Source
6/23/2025
Listed
$399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/14
$399,000
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Property 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.
Full Property Details
Full Property Details for 151 Colonial Ln
General
- Price: $399,000
- Taxes: $2,202 (2024)
- Status: Active
- Type: Single Family
- Source: MARIS
- MLS ID: 25042804
- Updated: 6/23/2025
- Added to Site: 210 day(s) ago
Interior
- Interior Features: Entrance Foyer, High Speed Internet, Pantry, Separate Dining
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning Stove
- Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave, Oven, Refrigerator, Water Heater
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Parking Features: Additional Parking, Attached, Basement, Circular Driveway, Concrete, Detached
Location
- Area: 458 - Troy R-3
- County: Lincoln
- Subdivision: n/a
School Information
- High School District: Troy R-III
- Elementary School: Main Street Elem.
- Middle School: Troy Middle
- High School: Troy Buchanan High
Heating & Cooling
- Cooling Type: Central Air Conditioning, Electric
- Heating Type: Baseboard
Utilities
- Water: Public
- Utility Description: Cable Available, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Ranch
- Basement: Yes
- Basement Desc.: Partially Finished
- Square Feet: 2,600
- Year Built: 1958
Lot Features
- Lot Size (Acres): 1.22
- Lot Size Source: Survey
Financial Considerations
- Tax Amount: $2,202
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Standard
- Disclosures/Reports: Agent Owned
- Property ID: 157025003003015000
Listed by Nichols Real Estate
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Listing agents
— 151 Colonial Ln —
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Schools
Schools serving 151 Colonial Ln
School District:Troy R-Iii School District
| Name | Grades | Distance |
|---|---|---|
Main Street Elementary School 51 N Main St, Troy, MO 63379 | K-5 | 0.7 mi |
Troy Middle School 713 West College Street, Troy, MO 63379 | 6-8 | 0.8 mi |
Troy Buchanan High School 1190 Old Cap Au Gris Road, Troy, MO 63379 | 10-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 151 Colonial Ln
Tax History
Tax History for 151 Colonial Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,464
12%
$39,218
14%
2024
$2,202
1%
$34,394
—
2023
$2,188
4%
$34,394
5%
2022
$2,100
-1%
$32,846
-81%
2021
$2,117
12%
$173,390
12%
2020
$1,894
—
$154,750
—
2019
$1,896
—
$154,750
414%
2019
$1,896
7%
$30,081
—
2016
$1,766
—
$30,081
15%
2016
$1,766
—
$26,269
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 151 Colonial Ln
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- Single Family
- Active
- Updated 4 days ago
- 5Beds
- 4Total Baths
- 2,476Sq. Ft.
- Single Family
- Active
- Updated 15 hours ago
- 4Beds
- 3Total Baths
- 1,792Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,950Sq. Ft.
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- Single Family
- Active
- Updated 6 days ago
- 1Bed
- 1Total Bath
- 800Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,352Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 2,394Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 6Total Baths
- 4,416Sq. Ft.
Listed by The Cheri Norton Team (314) 368-5630
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- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,500Sq. Ft.
Sold by Logan Strain
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,760Sq. Ft.
Sold by Brenda Souter
- Single Family
- Closed
- 4Beds
- 3Total Baths
- 3,840Sq. Ft.
Sold by Vicki Davidson
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,750Sq. Ft.
Sold by New Vision Real Estate Group
151 Colonial Lane, Troy, MO 63379 (MLS# 25042804) is a Single Family property with 0 bedrooms and 0 full bathrooms. 151 Colonial Lane is currently listed for $399,000 and was received on June 23, 2025. Want to learn more about 151 Colonial Lane? Do you have questions about finding other Single Family real estate for sale in Troy? You can browse all Troy real estate or contact a Coldwell Banker agent to request more information.