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

700 S Main St, Butler, PA 16001

CommercialSale, City of But SW, PA

Property SizeContact for details
Lot Size1.48 Acres
Days on Market318

Property Features for 700 S Main St

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning C-2
Zoning description C-2
Parking 25
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

Building materials Brick, Frame
Listing Agency: CLEAR CHOICE ENTERPRISES, LLC
Listed By: Daniel McConnell · License #RS334626
Added: Dec 1, 2025 Changed: Oct 8 Last Checked: Oct 15 at 6:06AM
MLS# 1732159

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 spans 1.48 acres and includes two buildings and two parking lots. One building contains 15 units, three coin-operated laundry areas, and a full basement that could be converted to tenant storage. The second building is ready for renovation and may accommodate up to five additional units, depending on its design and layout. The property is zoned C-2.

Key Highlights

  • 15 units in the first building
  • Second building could accommodate up to 5 units, subject to design and layout
  • Three coin‑operated laundry areas

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Locksmith Real Estate Agency Garden Center Skin Care Clinic (Bike/Boat/Book/etc) Store 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

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two buildings include a renovation-ready structure and coin-operated laundry facilities.
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 first building; Second building could accommodate up to 5 units, subject to design and layout; Three coin‑operated laundry areas
More about this property
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