Active

Listed by: Nichols Real Estate • Robert W Nichols

$380,000

473 N Lincoln Dr, Troy, MO 63379

3beds

2baths

1,896sqft

$2,460/mo

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Multi Family

Built in 1960

-- sqft lot

$-- Zestimate^®

$200/sqft

$-- HOA

What's special

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!

423 days

316

17

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Forced Air, Electric

Cooling

Window Unit(s)

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,896
Total interior livable area: 1,896 sqft
Finished area above ground: 1,896

Property

Parking

Parking features: Open, Parking Lot
Has uncovered spaces: Yes

Lot

Size: 2 Acres

Details

Parcel number: 156024000000005000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Year built: 1960

Utilities & green energy

Sewer: Public Sewer
Water: Well
Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected

Community & HOA

Location

Region: Troy

Financial & listing details

Price per square foot: $200/sqft
Tax assessed value: $40
Date on market: 5/6/2025
Cumulative days on market: 424 days
Listing terms: Cash,Conventional,1031 Exchange
Ownership: Private
Tenant pays: All Utilities
Electric utility on property: Yes
Road surface type: Concrete, Gravel

Estimated market value

Not available

Estimated sales range

Not available

$1,392/mo

Price history

Date	Event	Price
2/10/2026	Price change	$380,000-4.8%$200/sqft
Source: MARIS #25026944 Report a problem
1/15/2026	Price change	$399,000-6.1%$210/sqft
Source: MARIS #25026944 Report a problem
9/17/2024	Listed for sale	$425,000$224/sqft
Source: MARIS #24059187 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$0	$5
2024	$0	$5 -100%
2023	$2,189 +3.8%	$34,211
2022	$2,108	$34,211 +4.4%
2021	--	$32,783 +11.9%
2020	$1,898 -0.1%	$29,295
2019	$1,900	$29,295 +4.7%
2018	$1,900 +61.4%	$27,979
2017	$1,178	$27,979 +60.5%
2016	$1,178 -0.2%	$17,433
2015	$1,180	$17,433 -0.3%
2014	$1,180	$17,492 -38.1%
2010	--	$28,270

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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