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473 N Lincoln Drive

Troy, MO 63379

– beds
– baths
1,896 sqft
11,456 sqft lot
$224 per sqft
1960 build
– on site

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!

Listing courtesy of MARIS / Nichols Real Estate

Last checked: Checking… • Last updated May 6, 2025 •

MLS# 25026944 —

The Building

Year Built:

1960
Building Features:

Other
Unit Count:

2
Number Of Units Total:

2
Basement:

false
Above Grade Finished Area:

1,896 Sqft

Interior

Fireplace:

false
Living Area:

1896

Financial & Terms

Possession:

Close Of Escrow
Ownership Type:

Private
Listing Terms:

Cash, Conventional, 1031 Exchange
Lease Considered:

true

Location

Longitude:

-90.973256
Latitude:

38.998783

The Property

Property Sub Type:

2-4 Units
Property Type:

Residential Income
Parcel Number:

156024000000005000
Lot Size Acres:

0.263
Lot Size Area:

0.26
Lot Size Units:

Acres
Lot Size Square Feet:

11,456 Sqft
Lot Size Dimensions:

irregular
Lot Size Source:

Public Records
Waterfront:

false
Road Surface Type:

Concrete, Gravel
Structure Type:

Duplex

Listing Agent

Contact info:

Taxes

Tax Year:

2024

Heating & Cooling

Cooling:

Central Air, Electric
Heating:

Forced Air, Electric

Utilities

Sewer:

Public Sewer
Water Source:

Public, Well

Schools

Elementary School:

Claude Brown Elem.
Middle School:

Troy Middle
High School:

Troy Buchanan High
High School District:

Troy R Iii

The Community

Subdivision Name:

N/A
Pool:

No

Parking

Parking Features:

Open, Parking Lot
Garage:

false
Carport:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
5/6/25 May 6, 2025	Listed / Active	MARIS	$425,000

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This multifamily located in Troy, MO 63379 is currently for sale for $425,000. 473 N Lincoln Drive is a 1,896 square foot multifamily with – beds and – baths that has been on Estately for 0 days. This multifamily is in the attendance area of Ninth Grade Center, Lincoln County Early Childhood Education Center, Troy Middle School, Boone Elementary School, and Troy Buchanan High School.

Listing Courtesy of: MARIS and Nichols Real Estate.

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.

Information from Third Parties, Deemed Reliable but Not Verified.