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Four-Unit Apartment Property

116 &118 S Cliff Street, Butler, PA 16001

For Sale
$224,900

Separate utility metering supports unit-level billing, with shared laundry facilities serving the property.

Property SizeContact for details
Days on Market58

Property Features for 116 &118 S Cliff Street

General Information

Standard status Active
Property subtype Quadruplex

Taxes and HOA fees

Annual Taxes $2,109
Listing Agency: RE/MAX INFINITY
Listed By: Corey Weber · License #AB069519
Source: Nelsonrealtypa
Added: Sep 11 Changed: Oct 31 Last Checked: Nov 6 at 2:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX INFINITY

Rey
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Investment Insights

Based on property information with market context.

This four-unit residential income property contains four one-bedroom, one-bath apartments arranged with two units on each level. A new roof has been installed, and one apartment has undergone a complete renovation. One unit is vacant, while the remaining units provide existing rental occupancy. Utilities are separately metered or divided by unit, with common-area service applying to the on-site laundry area.

The property includes an unfinished basement with laundry access and a large attic that has been upgraded with drywall and insulation. One apartment includes off-street parking. The combination of unit-level utility allocation, shared laundry facilities, recent roof work, and varied improvement levels provides a straightforward fourplex configuration for continued residential rental use.

Key Highlights

  • Four one‑bedroom, one‑bath units with two apartments on the main level and two upstairs
  • Brand‑new roof and one completely renovated unit
  • One unit is currently vacant

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,783
Businesses Nearby

Demographics for 16001, PA

40,085
Population
19,757
Households
2
Avg Household Size
46
Median Age
28%
College-Educated
94%
High-School Grad
75.8 sq mi
ZIP Area
529
Density / Sq Mi
$61,325
Median Household Income
$42,542
Median Earnings
$864
Median Rent
$191,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Separate utility metering supports unit-level billing, with shared laundry facilities serving the property.
Where is this quadplex located?
The property is located at 116 &118 S Cliff Street Butler, PA.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Four one‑bedroom, one‑bath units with two apartments on the main level and two upstairs; Brand‑new roof and one completely renovated unit; One unit is currently vacant
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