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32-Unit Apartment Building
New
For Sale
$2,300,000

430 West New Castle Street, Butler, PA 16001

The Butler property has a varied mix of one- through four-bedroom apartments.

Property Size31,611 SF
Days on Market3

Property Features for 430 West New Castle Street

General Information

Standard status Active
Size 31,611 SF
Property subtype Multi-Family

Units

Unit Mix 22 x 1BR, 4 x 2BR, 3 x 3BR, 3 x 4BR
Multifamily Units 32

Additional Details

Highway Access Yes

Building Details

Building Size 31,611 SF
Units 32
Listing Agency: SVN | Three Rivers Commercial Advisors
Listed By: Chase Takacs
Source: Commercialcafe
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 16 at 6:18AM

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 SVN | Three Rivers Commercial Advisors

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Investment Insights

Based on property information with market context.

At 430 West New Castle Street in Butler, Pennsylvania, this 32-unit apartment property includes 22 one-bedroom, four two-bedroom, three three-bedroom, and three four-bedroom apartments.

The property is approximately 30 miles north of Downtown Pittsburgh. Nearby destinations include Butler Memorial Hospital, Pullman Square, Butler County Community College, and Slippery Rock University. Regional routes serving the area include PA Route 8, PA Route 422, PA Route 68, and I-79.

Key Highlights

  • 32 apartments with a mix of one-, two-, three-, and four‑bedroom units
  • Unit mix: 22 one‑bedroom, 4 two‑bedroom, 3 three‑bedroom, and 3 four‑bedroom apartments
  • Approximately 30 miles north of Downtown Pittsburgh

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Locksmith Skin Care Clinic Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

32
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,598
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?
Apartment building - The Butler property has a varied mix of one- through four-bedroom apartments.
Where is this apartment building located?
The property is located at 430 West New Castle Street Butler, PA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 32 apartments with a mix of one-, two-, three-, and four‑bedroom units; Unit mix: 22 one‑bedroom, 4 two‑bedroom, 3 three‑bedroom, and 3 four‑bedroom apartments; Approximately 30 miles north of Downtown Pittsburgh
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