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$1,575,000 Just Listed
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Property Description
Presenting a rare opportunity to acquire a solid 17-unit apartment complex in a sought-after rental market. Consisting of separate 10-unit and 7-unit adjacent buildings. These well-maintained properties feature a balanced mix of one, two, and three bedroom units-ideal for attracting a diverse tenant base. Each unit offers functional layouts, ample natural light, and strong rental appeal. With consistently low vacancy rates and a solid rental history, this property is ideal for investors seeking stable cash flow and future appreciation. Close to shopping, dining, and colleges, this location attracts quality tenants and ensures long-term desirability. Perfect to start you rental journey or for seasoned landlords to easily add to their portfolio. Don't miss this rare chance to acquire a turnkey multifamily asset with strong financials and room for growth.
Full Property Details
Full Property Details for 230 E Water St
General
- Price: $1,575,000
- Taxes: $11,088
- Status: Active
- Type: Apartment
- Source: West_Penn_MLS
- MLS ID: 1741336
- Updated: Today (2/26/2026)
- Added to Site: Today
Location
- County: Butler
Utilities
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Lot Features
- Lot Size (Acres): 0.26
- Lot Dimensions: .78
- Zoning: R2
Financial Considerations
- Assessment Amount: $69,079
- Tax Amount: $11,088
Listing courtesy of Berkshire Hathaway The Preferred Realty
Get Pre-Approved Today
Schools
Schools serving 230 E Water St
School District:Slippery Rock Area School District
| Name | Grades | Distance |
|---|---|---|
Slippery Rock Area El School 470 North Main Street, Slippery Rock, PA 16057 | K-5 | 0.5 mi |
Slippery Rock Area Middle School 201 Kiester Road, Slippery Rock, PA 16057 | 6-8 | 0.9 mi |
Slippery Rock Area High School 201 Kiester Road, Slippery Rock, PA 16057 | 9-12 | 0.9 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 230 E Water St
Date
Details
Price
Change
Source
2/26/2026
Listed
$1,575,000
-43.75%
MLS
2/14/2020
Sold
$2,800,000
—
Public Record
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 230 E Water St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,368
2%
$27,213
—
2024
$4,266
3%
$27,213
—
2023
$4,130
-2%
$27,213
—
2022
$4,198
2%
$27,213
—
2021
$4,130
—
$27,213
—
2020
$4,130
1%
$27,213
—
2019
$4,077
—
$27,213
—
2018
$4,077
1%
$27,213
—
2017
$4,050
3%
$27,213
—
2016
$3,950
4%
$27,213
—
2015
$3,790
3%
$27,213
—
2014
$3,692
—
$27,213
—
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 230 E Water St
230 E Water Street, Slippery Rock, PA 16057 (MLS# 1741336) is a Apartment property. 230 E Water Street is currently listed for $1,575,000 and was received on February 26, 2026. Want to learn more about 230 E Water Street? Do you have questions about finding other Apartment real estate for sale in Slippery Rock? You can browse all Slippery Rock real estate or contact a Coldwell Banker agent to request more information.

