Property details
About 151 Colonial Ln
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.
Highlights
Summary
- Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave, Oven, Refrigerator, Water Heater
- Basement: Yes
- Flooring Type: Vinyl, Wood
- Interior: Entrance Foyer, High Speed Internet, Pantry, Separate Dining
- Fireplace: Wood Burning Stove
- Garage Space: 3 spaces
- Attached Garage: Yes
- Parking: Additional Parking, Attached, Basement, Circular Driveway, Concrete, Detached
- Architectural Style: Ranch
- Heating: Baseboard
- Cooling: Central Air, Electric
- List Price: $399,000
- Price/SqFt: $153
- Annual Tax Amount: $2,188
- Tax Year: 2024
- Year Built: 1958
- Living Area: 2,600 SqFt
- Lot Size: 1.22 Acres
- MLS Number: 25042804
- MLS Name: MARIS2
- Office Name: Nichols Real Estate
- Office Phone: (636) 528-9501
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 12:38:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $34,394 | $2,188 |
| 2023 | $34,394 | $2,188 |
| 2022 | $32,846 | $2,099 |
| 2021 | $173,390 | $2,117 |
| 2020 | $154,750 | $1,893 |
| 2018 | $30,081 | $1,895 |
| 2017 | $30,081 | $1,968 |
History based on county public records data.
Nearby schools
5
Claude Brown Elementary School
Public District PK-5
0.7 mi
•711 W College St
2
Main Street Elementary School
Public District KG-5
0.7 mi
•51 Main St
7
Lincoln Elementary School
Public District KG-5
1.7 mi
•1484 Boone St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $67,283. Residents of Troy, MO typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Extreme Sports
Figure Skating
Pro Wrestling
Where do the neighbors shop?
Academy Sports & Outdoors
Kmart
Wal-Mart
Where do the neighbors go to eat?
Little Caesars
Bob Evans
Sonic
What do the neighbors drive?
Chevrolet
Buick
Oldsmobile
What do the neighbors listen to?
Country
Oldies- Contemporary Inspirational
Frequently asked questions
About 151 Colonial Ln
The listing price of 151 Colonial Ln property is $399,000.
The property 151 Colonial Ln is a multi located in Troy, Missouri, 63379.
Active Listing: 151 Colonial Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 151 Colonial Ln are: Claude Brown Elementary School (GreatSchools Rating 5/10), Main Street Elementary School (GreatSchools Rating 2/10), Lincoln Elementary School (GreatSchools Rating 7/10), Troy Middle School (GreatSchools Rating 6/10), Troy South Middle School (GreatSchools Rating 6/10), Wright City Middle School (GreatSchools Rating 4/10), Troy Buchanan High School (GreatSchools Rating 5/10), North Point High School (GreatSchools Rating 6/10), Wright City High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $2,188 (source: MLS/based on county public records data).
The property 151 Colonial Ln is 2,600 SqFt (source: MLS/tax record).
The year of construction for 151 Colonial Ln is 1958.
This home is located at 151 Colonial Ln in Troy, MO and zip code 63379. This 2,600 square foot home, which was built in 1958, sits on a 1.22 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since June 23, 2025 and is currently priced at $399,000.
In June 2025 more than 16 listings in Troy, MO were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 14 were sold below. In June 2025 in Troy, MO there were 1.5% more homes for sale than in May. In June 2025 median list price was $305,000 and the average listing age was 38 days.