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.
9.523 acres in the city limits of Troy! Zoned R3PD. This is a developer's dream! Perfect location for multi-family units with city utilities. Property is in a convenient location off South 3rd Street, close to local shopping and actually joins Troy City Park. Never offered for sale in your lifetime, as property has been owned by the same family for well over 100 years! $135,000/acre
Commercial/Multifamily Investment Opportunity – Troy, MO Great income-producing property conveniently located near Hwy 61 in Troy, Missouri. This versatile, 2 acre investment includes a duplex and 21 storage units, offering multiple revenue streams in a high-demand area, & room for GROWTH! The duplex features: • One unit with 2 beds, 1 bath, full basement with laundry, currently leased. • Second unit with 1 bed, 1 bath, full basement and laundry, with tenant vacating in June, providing owner-occupant or new lease potential. The property is on public water and sewer, ensuring low maintenance and utility access. Situated behind the duplex are 21 storage units of varying sizes, fully rentable and ideal for generating consistent monthly income. Great for investors or owner-occupants Don’t miss this chance to own a multifaceted investment property in a growing area!
Prime Location Positive Cash Income 3 Units + 2 Storage Areas = $28,200 Annual Gross Income 4th Unit Under Construction for future added $10,800 Annual Gross Income. .640 Acre Gives Plenty of Room for Additional Income Producing Ventures. Currently Zoned C-3 For Business use. Currently used for Multi Family Rental Property. Tenant's Rights Long Term Tenants Month to Month Leases in Place. Lincoln Drive with Highway Frontage & Highway 61 Visibility can be easily converted back to Commercial if desired.
Commercial/Multifamily Investment Opportunity – Troy, MO Great income-producing property conveniently located near Hwy 61 in Troy, Missouri. This versatile, 2 acre investment includes a duplex and 21 storage units, offering multiple revenue streams in a high-demand area, & room for GROWTH! The duplex features: • One unit with 2 beds, 1 bath, full basement with laundry, currently leased. • Second unit with 1 bed, 1 bath, full basement and laundry, currently leased. The property is on public water and sewer, ensuring low maintenance and utility access. Situated behind the duplex are 21 storage units of varying sizes, fully rentable and ideal for generating consistent monthly income. Great for investors or owner-occupants Don’t miss this chance to own a multifaceted investment property in a growing area!
9.523 acres in the city limits of Troy! Zoned R3PD. This is a developer's dream! Perfect location for multi-family units with city utilities. Property is in a convenient location off South 3rd Street, close to local shopping and actually joins Troy City Park. Never offered for sale in your lifetime, as property has been owned by the same family for well over 100 years! $135,000/acre

Troy is located in Missouri. Troy, Missouri has a population of 12,463. Troy is less family-centric than the surrounding county with 27.15% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Troy, Missouri is $73,406. The median household income for the surrounding county is $76,622 compared to the national median of $69,021. The median age of people living in Troy is 34.1 years.
The average high temperature in July is 88.7 degrees, with an average low temperature in January of 20.2 degrees. The average rainfall is approximately 41.2 inches per year, with 15.2 inches of snow per year.