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473 N Lincoln Dr, Troy, MO, 63379

3beds
2baths
1,896sqft
$380,000
$200price/sqft
$2,548/moest. monthly cost
$101,920/yrincome needed

About This Home

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!

Getting Around

12
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

5/10
6/10
Troy Middle SchoolGrades 6-81.6 mi
6/10
Troy Buchanan High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1960

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Finished area above ground: 1,896

Heating & Cooling

  • Heating features: Forced Air,Electric
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,896
  • Total interior livable area: 1,896 sqft

Property

Details

  • Parcel number: 156024000000005000
  • Special condition: Standard

Lot

  • Lot size: 2 Acres
  • Lot size dimensions: irregular

Parking

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

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Strong Wind
Cold Wave
Hail
Inland Flooding
Lightning
Tornado
Winter Weather

FEMA Declared Disasters Across Missouri Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,921$23,052
Home Insurance *$265$3,180
Property Taxes $218$2,616
Electricity $144$1,737
Total$2,548$30,576
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,360/yr
40% on housing$76,440/yr
45% on housing$67,946/yr

Missouri FAIR Plan Programs

Missouri Property Insurance Placement Facility

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,041Commercial: 84
Total Premiums$2.35M
Total Exposure$198.26M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 2.9%
2.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$200This listing

vs Other Active Listings

Avg $/sqft

ZIP 63379$241
Lincoln County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 63379$198
Lincoln County$204

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-10Price change$380,000
2026-01-15Price change$399,000
2024-09-17Listed for sale$425,000

For Sale by Agent

AgentRobert W Nichols
BrokerageNichols Real Estate

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