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    Butler, IN Apartment Buildings for Sale

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    Edgerton, OH Hamilton, IN Waterloo, IN
    Butler Sixplex Investment Opportunity
    $260,000
    3,712 SF

    Butler Sixplex Investment Opportunity

    501 N Broadway Street, Butler, IN 46721

    Well-maintained six-unit apartment building with strong cash flow potential.

    • Strong cash flow potential with a cap rate of 10% or greater.
    • Six‑unit apartment building with a mix of 2‑bedroom and 1‑bedroom units.
    • Low‑maintenance exterior with vinyl siding and a metal roof.
    • Tenants pay all utilities, maximizing owner profitability.
    • Convenient location near downtown Butler and major employers.
    Updated: May 18
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    Butler Multifamily Investment Opportunity
    $260,000
    3,712 SF

    Butler Multifamily Investment Opportunity

    501 N Broadway Street, Butler, IN 46721

    Six-unit apartment building with strong cash flow potential.

    • High cash flow potential with a cap rate of 10% or greater.
    • Six‑unit apartment building with a mix of 2‑bedroom and 1‑bedroom units.
    • Convenient location near downtown Butler and major employers.
    • Low‑maintenance exterior with vinyl siding and metal roof.
    • Tenants pay all utilities, maximizing owner profitability.
    Updated: May 19
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    Downtown Butler Buildings For Sale
    $150,000
    21.41 Acres

    Downtown Butler Buildings For Sale

    Two downtown buildings with remodeling potential in Butler, Indiana.

    135-137 S Broadway St, Butler, IN
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    Renovated Multifamily Property in Butler
    $785,000
    14,238 SF

    Renovated Multifamily Property in Butler

    Recently renovated 18-unit multifamily property in North Butler, Indiana.

    117 S Broadway St, Butler, IN 46721
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    Mixed-Use Property with Income Potential
    $150,000
    6,505 SF

    Mixed-Use Property with Income Potential

    Bar, ice cream parlor, and apartments in Butler, Indiana.

    230-232 S Bdwy St, Butler, IN
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    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 5 Active listings in Butler, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fort Wayne Multifamily Investment Property
    $515,000
    4,550 SF

    Fort Wayne Multifamily Investment Property

    Charming, renovated 5-unit apartment building near downtown Fort Wayne.

    1660 SAINT JOE Boulevard, Fort Wayne, IN 46805
    View details
    Downtown Kendallville Commercial Property For Sale
    $199,000
    6,663 SF

    Downtown Kendallville Commercial Property For Sale

    Prime commercial building in downtown Kendallville, ideal for retail.

    104 S Main Street, Kendallville, IN 46755
    View details
    Multifamily Property with Rental Income
    $315,000
    5,708 SF

    Multifamily Property with Rental Income

    8-unit multifamily property with additional room and strong rental income.

    840-842 Columbia Avenue, Fort Wayne, IN 46805
    View details
    Kendallville Age-Restricted Apartment Community
    $9,350,000
    63,900 SF

    Kendallville Age-Restricted Apartment Community

    74-unit multifamily property for sale in Kendallville, Indiana.

    1320 Knoll Crest Dr., Kendallville, IN 46755
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details
    La Plata Land For Sale
    $250,000
    0.23 Acres

    La Plata Land For Sale

    0.23 acre parcel in La Plata, zoned CB.

    107 HOWARD Street, La Plata, MD 20646
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    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres

    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607
    View details

    Off-Market Properties in Butler, IN

    Consider similar Off-Market properties in Butler, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    124 Broadway St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,174 SF Lot: 0.05 Acres
    Value Estimation by Request

    124 Broadway St, Butler, IN 46721-1304

    View details
    504 Beech St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,656 SF Lot: 0.39 Acres
    Value Estimation by Request

    504 Beech St, Butler, IN 46721-1182

    View details
    508 Beech St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,656 SF Lot: 0.39 Acres
    Value Estimation by Request

    508 Beech St, Butler, IN 46721-1181

    View details
    133 Broadway St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,660 SF Lot: 0.06 Acres
    Value Estimation by Request

    133 Broadway St, Butler, IN 46721-1303

    View details
    117 Broadway St
    Multifamily properties
    Lot: 0.30 Acres

    117 Broadway St, Butler, IN 46721

    View details
    207 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,552 SF Lot: 0.25 Acres
    Value Estimation by Request

    207 Main St, Butler, IN 46721-1366

    View details
    411 Liberty St
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,924 SF Lot: 0.16 Acres
    Value Estimation by Request

    411 Liberty St, Butler, IN 46721-1183

    View details
    225 Broadway St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,969 SF Lot: 0.06 Acres
    Value Estimation by Request

    225 Broadway St, Butler, IN 46721-1305

    View details
    135 Broadway St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,424 SF Lot: 0.07 Acres
    Value Estimation by Request

    135 Broadway St, Butler, IN 46721-1303

    View details
    215 Broadway St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,842 SF Lot: 0.05 Acres
    Value Estimation by Request

    215 Broadway St, Butler, IN 46721-1305

    View details
    512 516th N Beech St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,656 SF Lot: 0.93 Acres
    Value Estimation by Request

    512 516th N Beech St, Butler, IN 46721

    View details

    Butler, IN Apartment Buildings Investment Opportunities Market Analysis

    Explore 16 apartment buildings for sale in Butler, IN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 24,455 square feet of properties for sale, with an estimated market value of $1,195,000.

    Sale prices for two-family homes in Butler, IN start at $150,000, averaging $398,333, and reaching up to $785,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 4,890
    Population Growth (5Y) -1.8%
    Median Household Income $67,969
    College Educated 14.7%

    High-Yield Neighborhoods for Investment

    Identify Butler submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    46721 $435K

    Taxes & Financing

    Tax Rate (average for all types) 1.50%
    Property Tax per SF $27.39 per sq ft
    Tax Rate vs County Average 0.31 pp below county avg
    Average Loan-to-Value 65.0%

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