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Butler, IN

Residential Income

Butler, IN Residential Income Properties 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.

See what stands out in DeKalb County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

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 27 Potential Opportunities for your consideration. Besides 4 Active listings in Butler, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 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.

Updated Triplex with Basement

Updated Triplex with Basement

316 S Lee Street, Garrett, IN 46738

$219,900

2,004 sqft 0.13 AC lot

Fully occupied three-unit property with separate basement access, off-street parking, and two recently improved residences.

Updated Triplex with Off-Street Parking

Updated Triplex with Off-Street Parking

316 S Lee St, Garrett, IN 46738

$219,900

2,004 sqft

Fully occupied three-unit property with separate laundry connections, individual basement access, and multiple recent updates.

Turnkey Restaurant, Bar, Apartments Opportunity

Turnkey Restaurant, Bar, Apartments Opportunity

112 North Michigan Street, Edon, OH 43518

$259,000

Restaurant, bar, and apartments in one location.

Two-Story Duplex

Two-Story Duplex

202 N Michigan Street, Edon, OH 43518

$52,000

Two-unit residential property with separate utility meters, updated windows, and a recently replaced roof.

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.

Residential Land in Summerset Ridge

Residential Land in Summerset Ridge

2401 Chandler Way lot: 83, Auburn, IN 46706

$53,400

0.30 AC lot

Residential land for sale in established Auburn subdivision.

Residential Land in Summerset Ridge

Residential Land in Summerset Ridge

2311 Chandler Way lot: 91, Auburn, IN 46706

$50,900

0.24 AC lot

Residential land for sale in established Auburn subdivision.

Residential Land in Auburn, IN

Residential Land in Auburn, IN

19149 Ringo Road lot: 39, Auburn, IN 46706

$94,900

0.50 AC lot

Large residential lots available with pond views, city sewer, natural gas.

High-Visibility Development Land Site

High-Visibility Development Land Site

941 E Maumee Street, Angola, IN 46703

$415,000

4.31 AC lot

A 4.313-acre site with strong visibility on Maumee Street across from the Ford dealership.

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.

Canal St

MOBILE HOME PARK, TRAILER PARK

Canal St, Butler, IN 46721

Estimated value:

$300,000

17.58 AC lot

State Rd 1st At County Road

MOBILE HOME PARK, TRAILER PARK

State Rd 1st At County Road, Butler, IN 46721

Estimated value:

$275,000

20.00 AC lot

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

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

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

2544 County Rd 75

MOBILE HOME PARK, TRAILER PARK

2544 County Rd 75, Butler, IN 46721-9431

Estimated value:

$295,000

60.00 AC lot

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

117 Broadway St

Multifamily properties

117 Broadway St, Butler, IN 46721

Estimated value:

by Request

0.30 AC lot

Willow St

MOBILE HOME PARK, TRAILER PARK

Willow St, Butler, IN 46721

Estimated value:

$290,000

0.69 AC lot

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

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

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

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

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

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

Butler, IN Residential Income Properties Market Trends and Statistics

Explore 19 residential income properties 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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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