216 Fairview Ave, Butler, PA, 16001
About This Home
Don't miss this exceptional investment opportunity at 216 Fairview Avenue, Butler—a fully occupied triplex offering immediate cash flow. This property is being offered as part of a nine-property investment portfolio, with all properties required to be sold together, making it an outstanding opportunity to acquire a stabilized, income-producing rental portfolio. This well-maintained triplex features a spacious 3-bedroom, 1-bathroom unit along with two 2-bedroom, 1-bathroom units, all of which are fully occupied by tenants, providing immediate and consistent rental income. Whether you're looking to expand an existing portfolio or acquire a turnkey multifamily investment, this property offers stable occupancy and strong income potential. This is a rare opportunity to purchase a professionally assembled portfolio of income-producing properties!
Getting Around
Very Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1890
Materials
- Roof: Asphalt
- Construction materials: Aluminum Siding
Type & Style
- Home type: MultiFamily
- Property subType: Triplex,Multi Family,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 3
Property
Details
- Parcel number: 5612970000
- Zoning: SFR
- Zoning description: SFR
Lot
- Lot size: 10,018 sqft
- Lot size dimensions: 0.23
Parking
- Total spaces: 3
- Parking features: Off Street
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
- Inland Flooding
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Pennsylvania Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,011 | $12,132 |
| Home Insurance * | $91 | $1,092 |
| Property Taxes | $161 | $1,932 |
| Electricity | $224 | $2,692 |
| Total | $1,487 | $17,844 |
Income You'd Need if You Spent...
Pennsylvania FAIR Plan Programs
Insurance Placement Facility of Pennsylvania/FAIR Plan
Wildfire
HailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-03 | Price change | $200,000 |
| 2026-07-16 | Listed for sale | $210,000 |
| 2024-01-19 | Sold | $205,000 |
| 2023-09-13 | Contingent | $179,900 |
| 2023-09-08 | Listed for sale | $179,900 |
| 2023-08-22 | Contingent | $215,000 |
| 2023-07-13 | Price change | $215,000 |
| 2023-05-25 | Listed for sale | $250,000 |
| 2020-01-06 | Sold | $123,000 |
| 2019-11-24 | Pending sale | $150,000 |
| 2019-09-26 | Listed for sale | $150,000 |
| 2018-02-04 | Listing removed | $149,000 |
| 2017-11-06 | Listed for sale | $149,000 |
| 2001-01-29 | Sold | $83,900 |
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