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15-Unit Apartment Property
For Sale
$1,225,000

700 S Main St, Butler, PA 16001

ResidentialIncome, Butler, PA

Property SizeContact for details
Lot Size1.48 Acres
Days on Market283

Property Features for 700 S Main St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning C-2
Zoning description C-2
Parking 25
Parking features Off Street
Elementary school district Butler
Middle school district Butler
High school district Butler
Subdivision City of But SW
Standard status Active
Lot size 1.48 Acres

Taxes and HOA fees

Tax Annual Amount 3633

Amenities

coin-op laundry

Building Details

Roof type Slate
Listing Agency: CLEAR CHOICE ENTERPRISES, LLC
Listed By: Daniel McConnell · License #RS334626
Added: Dec 1, 2025 Changed: Sep 9 Last Checked: Sep 10 at 11:06AM
MLS# 1732161

Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This apartment property includes two buildings on 1.48 acres. The primary building contains 15 units, three coin-operated laundry areas, and a full basement that may be converted to tenant storage. The second building is positioned for renovation and could accommodate up to five additional units, subject to design and layout. Slate roofing is reported, and the property includes two parking lots with off-street parking.

Located at 700 S Main St in Butler, Pennsylvania, the property carries C-2 zoning. Its existing apartment operation, separate building, laundry areas, basement, and parking improvements provide a defined physical configuration for continued multifamily use and further renovation planning.

Key Highlights

  • 15 units in the primary apartment building
  • Second building may accommodate up to 5 additional units, subject to design and layout
  • Two buildings situated on 1.48 acres

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Skin Care Clinic Grocery & Convenience Store Pharmacy Garden Center

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

15
Residential units

Location Intelligence

Trade Area within ½ mile

782
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building site with off-street parking, coin-operated laundry areas, and a full basement.
Where is this apartment building located?
The property is located at 700 S Main St Butler, PA.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: 15 units in the primary apartment building; Second building may accommodate up to 5 additional units, subject to design and layout; Two buildings situated on 1.48 acres
More about this property
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