Butler IN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
3
Lot size:
0.07 Acres
Year built:
1900
Baths:
2.00
MLS#:
202432884

ADDITIONAL INFORMATION

Perfect opportunity for the savvy investor to build equity with a little elbow grease. Downstairs is a 2 bedroom unit with deck in back that rents for $700/month. Upstairs is a 1 bedroom studio appartment renting for 425/month. The main part of the house has a steel roof. 10 year old furnace, central air and electric water heaters. Both units are occupied on month to month terms. Seller pays the water and trash bill.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.25 Acres
Year built:
1880
Baths:
3.00
MLS#:
202432197

ADDITIONAL INFORMATION

This exceptional triplex is a fantastic investment opportunity, offering: Two One-Bedroom Apartments on the Ground Floor: Cozy and well-maintained. Spacious Two-Bedroom Apartment: Featuring living space on the ground floor and two large bedrooms upstairs. Rental Income Potential: With all three units currently occupied, the property is generating a consistent rental income, with the potential to exceed $2,000 per month. Tenant Stability: All three apartments are occupied by reliable tenants who have maintained the units well. This fully occupied triplex offers a strong return on investment in a desirable location. Donâ??t miss out on this rare opportunity.

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX information provided by the Indiana Regional MLS. Copyright 2024 Indiana Regional MLS. All rights reserved.



Butler Real Estate

The median home value in Butler, IN is $157,500. This is lower than the county median home value of $198,700. The national median home value is $338,100. The average price of homes sold in Butler, IN is $157,500. Approximately 63.33% of Butler homes are owned, compared to 29.58% rented, while 7.09% are vacant. Butler real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Butler real estate agent to arrange a tour today!

Butler, Indiana has a population of 2,882. Butler is less family-centric than the surrounding county with 25.7% of the households containing married families with children. The county average for households married with children is 31.91%.

The median household income in Butler, Indiana is $54,972. The median household income for the surrounding county is $60,757 compared to the national median of $69,021. The median age of people living in Butler is 37.1 years.

Butler Weather

The average high temperature in July is 83.7 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 37.5 inches per year, with 35.2 inches of snow per year.

Butler Real Estate Market Conditions

  • Median sales price

    $157,500
    15.6% change since last quarter
  • # Active listings

    18
    30-day change

Butler Schools and Demographics

Education near Butler, IN

Metric City County
High School Graduates 78.13 90.95
College Degree - 2 year 9.83 9.53
College Degree - 4 year 9.56 18.69
Graduate Degree 0.75 4.32
Expenditures per Student 15,714 15,714
Students per Teacher 15.8 15.8

Elementary Schools near Butler, IN

School Grades Students P/T Ratio ZIP
Butler Elementary School KG - 06 430 17.2 46721
Hamilton Community Elementary School KG - 06 214 10.2 46742
James R Watson Elementary School PK - 05 625 22.3 46706
McKenney-Harrison Elementary School KG - 05 552 20.4 46706
Riverdale Elementary School KG - 06 315 18.5 46785
Waterloo Elementary School KG - 05 245 17.5 46793

Middle Schools near Butler, IN

School Grades Students P/T Ratio ZIP
Dekalb Middle School 06 - 08 876 24.3 46793

High Schools near Butler, IN

School Grades Students P/T Ratio ZIP
Dekalb High School 09 - 12 1,198 21.8 46793
Eastside Junior-Senior High School 07 - 12 608 14.8 46721
Hamilton Community High School 07 - 12 207 10.1 46742

Demographics near Butler, IN

Metric City County
Neighborhood Type Suburban
Population 2,882 43,059
Population Density 1,459 119
Median Age 37.1 38.5
People per Household 2.6 2.5
Median Household Income 54,972 60,757
Average Income per Capita 22,484 29,919