501 N Broadway Street, Butler, IN 46721
MULTI_FAMILY - Butler, IN
- Added:
- May 18, 2026
- Days on Market:
- 51
- Last Refresh:
- Jul 7 at 4:06 am
Property Features for 501 N Broadway Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 6
- Rooms
- Bedroom 5, Bathroom 3, Bathroom 6, Basement, Bedroom 2, Bathroom 4, Bathroom 5, Bathroom 1, Bedroom 7, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 8, Bedroom 6
- Parking
- 6
- Parking features
- Off Street
- Standard status
- Active Under Contract
- APN
- 17-07-01-301-014.000-027
- Size
- 3,712 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Ling Add Lot 5
- Tax Annual Amount
- 4745
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 6
- Flooring type
- Carpet, Laminate, Vinyl
- Roof type
- Shingle, Asphalt
- Architectural style
- Other
Listing agent Christina Koher License #RB18000588 (260) 668-9235
Listing office RE/MAX Results 100 Growth Parkway, IN (260) 665-2414
Listing date May 18, 2026
Copyright © 2026 Northeastern Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Six‑unit apartment building with two 2‑bedroom units and four 1‑bedroom units
- Each unit has a private full bathroom and a kitchen with refrigerator, stove, and cabinet storage
- Off‑street parking for up to six residents and shared laundry facility on site
- Vinyl siding exterior and metal roof (roof listed as shingle/asphalt)
- Detached garage for additional storage
- Tenants pay all utilities; professional property management in place
Overview
The property is located at 501 N Broadway Street in Butler, Indiana, in Dekalb County. Public remarks note it is near downtown Butler and within commuting distance to local factories and major employers, supporting an owner-friendly residential tenant profile.
For investors and owner-operators seeking a low-maintenance multifamily format, the tenant-paid utility model can help simplify expenses, and the current owners use professional property management for day-to-day operations. The unit mix of two-bedroom and one-bedroom apartments may appeal to a broader range of household types while keeping the property design consistent across all units. Public remarks also describe the offering as a potential cash-flow investment with a stated cap rate of 10% or greater.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Butler
- County
- DeKalb
- State
- Indiana
- Longitude
- -84.871182
- Latitude
- 41.434484
