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    Butler, IN Apartment Buildings for Sale

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    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.
    View details
    Renovated Multifamily Property in Butler
    Updated: Jul 30, 2024
    Renovated Multifamily Property in Butler

    117 S Broadway St, Butler, IN 46721

    Contact for pricing
    14,238 sqft 0.30 AC lot
    Recently renovated (2022) 18‑unit multi‑family property.
    General Business zoning allows for a wide variety of potential uses.
    14,238 square feet across three floors.**
    Roof updates and modern interior improvements.
    Located in the heart of North Butler, Indiana.
    View details
    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.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 3 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.

    Six-Unit Apartment Building
    Six-Unit Apartment Building

    4013 S Wayne Ave, Fort Wayne, IN 46807

    $499,000
    3,406 sqft

    Six-unit property with separately metered electric and full bathrooms throughout, plus a mix of leased, short-term rental, and storage use.

    View details
    12-Unit Apartment Building
    12-Unit Apartment Building

    121 E Quincy Street, Garrett, IN 46738

    $499,900
    0.07 AC lot

    Offered in its current condition, the property requires substantial rehabilitation.

    View details
    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.

    View details
    12-Unit Apartment Building
    12-Unit Apartment Building

    121 East Quincy Street, Garrett, IN 46738

    Contact for pricing

    The property is offered as-is and has deferred maintenance alongside existing occupancy.

    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)

    124 Broadway St, Butler, IN 46721-1304

    Estimated value:
    $225,000
    3,174 sqft 0.05 AC lot
    View details
    504 Beech St
    APARTMENT HOUSE (UNDER 5 UNITS)

    504 Beech St, Butler, IN 46721-1182

    Estimated value:
    $255,000
    2,656 sqft 0.39 AC lot
    View details
    508 Beech St
    APARTMENT HOUSE (UNDER 5 UNITS)

    508 Beech St, Butler, IN 46721-1181

    Estimated value:
    $255,000
    2,656 sqft 0.39 AC lot
    View details
    133 Broadway St
    APARTMENT HOUSE (UNDER 5 UNITS)

    133 Broadway St, Butler, IN 46721-1303

    Estimated value:
    $235,000
    3,660 sqft 0.06 AC lot
    View details
    117 Broadway St
    Multifamily properties

    117 Broadway St, Butler, IN 46721

    Estimated value: by Request
    0.30 AC lot
    View details
    207 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

    207 Main St, Butler, IN 46721-1366

    Estimated value:
    $230,000
    3,552 sqft 0.25 AC lot
    View details
    411 Liberty St
    APARTMENT HOUSE (UNDER 5 UNITS)

    411 Liberty St, Butler, IN 46721-1183

    Estimated value:
    $230,000
    1,924 sqft 0.16 AC lot
    View details
    225 Broadway St
    APARTMENT HOUSE (UNDER 5 UNITS)

    225 Broadway St, Butler, IN 46721-1305

    Estimated value:
    $240,000
    3,969 sqft 0.06 AC lot
    View details
    135 Broadway St
    APARTMENT HOUSE (UNDER 5 UNITS)

    135 Broadway St, Butler, IN 46721-1303

    Estimated value:
    $235,000
    4,424 sqft 0.07 AC lot
    View details
    215 Broadway St
    APARTMENT HOUSE (UNDER 5 UNITS)

    215 Broadway St, Butler, IN 46721-1305

    Estimated value:
    $415,000
    5,842 sqft 0.05 AC lot
    View details
    512 516th N Beech St
    APARTMENT HOUSE (UNDER 5 UNITS)

    512 516th N Beech St, Butler, IN 46721

    Estimated value:
    $250,000
    2,656 sqft 0.93 AC lot
    View details

    Butler, IN Apartment Buildings Market Trends and Statistics

    Explore 14 apartment buildings for sale in Butler, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 20,743 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

    How Realmo verifies these figures

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