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$150,000
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Property Description
404 E. Locust St. is a four-unit (quad) property in Butler that has been gutted to the studs and is ready for a rebuild. Following a prior fire, the structure now offers new owners a clean slate to redesign and finish the property to their vision, creating a high-quality rental asset. With other rental properties in the surrounding area proving to be profitable and income-generating, this quad presents a strong value-add opportunity. In its current state, the property has significant upside potential for investors willing to complete the renovation and bring it back as a desirable, cash-flowing rental in the Butler market.
Full Property Details
Full Property Details for 404 E Locust St
General
- Price: $150,000
- Taxes: $633
- Status: Active
- Type: Multi-Family
- Source: West_Penn_MLS
- MLS ID: 1735351
- Updated: 12/29/2025
- Added to Site: 18 day(s) ago
Location
- County: Butler
School Information
- Elem School District: Butler
- Midd School District: Butler
- High School District: Butler
Structural Information
- Architectural Style: Fourplex
- Year Built: 1880
Lot Features
- Lot Size (Acres): 0.1
- Lot Dimensions: .1
- Zoning: RES
Financial Considerations
- Assessment Amount: $3,490
- Tax Amount: $633
Listing courtesy of Re/Max Infinity
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Schools
Schools serving 404 E Locust St
School District:Butler Area School District
| Name | Grades | Distance |
|---|---|---|
Emily Brittain El School 338 North Washington Street, Butler, PA 16001 | K-6 | 0.5 mi |
Butler Area Ihs 551 Fairground Hill Road, Butler, PA 16001 | 9-10 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 404 E Locust St
Date
Details
Price
Change
Source
12/29/2025
Listed
$150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 404 E Locust St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$633
2%
$3,490
—
2024
$623
-76%
$3,490
-77%
2023
$2,624
19%
$14,940
—
2022
$2,212
42%
$14,940
—
2021
$1,554
-41%
$14,940
—
2020
$2,613
2%
$14,940
—
2019
$2,568
—
$14,940
—
2018
$2,568
2%
$14,940
—
2017
$2,520
2%
$14,940
—
2016
$2,464
3%
$14,940
—
2015
$2,382
3%
$14,940
—
2014
$2,318
—
$14,940
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 404 E Locust St
404 E Locust St, Butler, PA 16001 (MLS# 1735351) is a Multi-Family property with 0 units containing 0 bedrooms and 0 full bathrooms. 404 E Locust St is currently listed for $150,000 and was received on December 29, 2025. Want to learn more about 404 E Locust St? Do you have questions about finding other Multi-Family real estate for sale in Butler? You can browse all Butler real estate or contact a Coldwell Banker agent to request more information.

