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Butler, IN

Apartment Building

Butler, IN Apartment Buildings for Sale

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Auburn, IN Edgerton, OH Hamilton, IN Waterloo, IN Saint Joe, IN Edon, OH Ashley, IN Leo, IN

Butler Multifamily Investment Opportunity

Updated: May 19

Butler Multifamily Investment Opportunity

501 N Broadway Street, Butler, IN 46721

Contact for pricing

3,712 sqft

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.

Downtown Butler Buildings For Sale

Updated: Nov 28, 2025

Downtown Butler Buildings For Sale

135-137 S Broadway St, Butler, IN

Contact for pricing

21.41 AC lot

Prime downtown location in Butler, Indiana.
Two adjoining buildings offered together.
Significant potential for transformation into apartments, retail, or mixed‑use space.
Roof is in good condition.
Offered at $150,000.

Renovated Multifamily Property in Butler

Renovated Multifamily Property in Butler

117 S Broadway St, Butler, IN 46721

Contact for pricing

14,238 sqft 0.30 AC lot

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

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Mixed-Use Property with Income Potential

Mixed-Use Property with Income Potential

230-232 S Bdwy St, Butler, IN

Contact for pricing

6,505 sqft 0.28 AC lot

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

Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 4 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

Opportunities in Nearby Cities

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

20-Unit Apartment Building

20-Unit Apartment Building

323 E Bell St Unit 101, Camden, MI 49232

$799,999

13,700 sqft 5.00 AC lot

Multifamily property with a varied unit mix and substantial interior renovation progress.

Apartment Buildings with Villa and Townhome Mix

Apartment Buildings with Villa and Townhome Mix

3115 Carroll Rd, Fort Wayne, IN 46818

$19,990,000

19.00 AC lot

Built in 2023, the community combines private patios, landscaped green space, ponds, and a dog park.

20-Unit Apartment Building

20-Unit Apartment Building

323 E Bell St 101, Camden, MI 49232

$799,999

Multifamily property with a varied unit mix and substantial capital work already completed.

15-Unit Updated Apartment Building

15-Unit Updated Apartment Building

7701 E State Blvd, Fort Wayne, IN 46815

Contact for pricing

Apartment community with units updated in 2021 and on-site parking.

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)

124 Broadway St, Butler, IN 46721-1304

$225,000

Estimated value

3,174 sqft 0.05 AC lot

504 Beech St

APARTMENT HOUSE (UNDER 5 UNITS)

504 Beech St, Butler, IN 46721-1182

$255,000

Estimated value

2,656 sqft 0.39 AC lot

508 Beech St

APARTMENT HOUSE (UNDER 5 UNITS)

508 Beech St, Butler, IN 46721-1181

$255,000

Estimated value

2,656 sqft 0.39 AC lot

133 Broadway St

APARTMENT HOUSE (UNDER 5 UNITS)

133 Broadway St, Butler, IN 46721-1303

$235,000

Estimated value

3,660 sqft 0.06 AC lot

117 Broadway St

Multifamily properties

117 Broadway St, Butler, IN 46721

Value Estimation by Request

0.30 AC lot

207 Main St

APARTMENT HOUSE (UNDER 5 UNITS)

207 Main St, Butler, IN 46721-1366

$230,000

Estimated value

3,552 sqft 0.25 AC lot

411 Liberty St

APARTMENT HOUSE (UNDER 5 UNITS)

411 Liberty St, Butler, IN 46721-1183

$230,000

Estimated value

1,924 sqft 0.16 AC lot

225 Broadway St

APARTMENT HOUSE (UNDER 5 UNITS)

225 Broadway St, Butler, IN 46721-1305

$240,000

Estimated value

3,969 sqft 0.06 AC lot

135 Broadway St

APARTMENT HOUSE (UNDER 5 UNITS)

135 Broadway St, Butler, IN 46721-1303

$235,000

Estimated value

4,424 sqft 0.07 AC lot

215 Broadway St

APARTMENT HOUSE (UNDER 5 UNITS)

215 Broadway St, Butler, IN 46721-1305

$415,000

Estimated value

5,842 sqft 0.05 AC lot

512 516th N Beech St

APARTMENT HOUSE (UNDER 5 UNITS)

512 516th N Beech St, Butler, IN 46721

$250,000

Estimated value

2,656 sqft 0.93 AC lot

Butler, IN Apartment Buildings Market Trends and Statistics

Explore 15 apartment buildings for sale in Butler, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 24,455 square feet of properties for sale.

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Demographics Overview

Population 4,890

Population Growth (5Y) -1.8%

Median Household Income $67,969

College Educated 14.7%

Taxes & Financing

Tax Rate (average for all types) 1.50%

Property Tax per SF $27.39 per SF

Tax Rate vs County Average 0.31 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in DeKalb County

New Delisted

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