Butte Multifamily Buyer
Sell Your Commercial Property In Butte, MT
Skyline Capital Investments buys commercial apartment buildings of 5+ units in Butte and across Butte-Silver Bow — listed or off-market, stabilized or value-add. Get clear feedback on your deal, typically within 48 hours.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Neighborhoods & Nearby Towns: Uptown Butte · The Flats · Walkerville · Anaconda — Butte-Silver Bow, MT
Why Butte
Why We Buy Multifamily In Butte
Butte is the rental center of Butte-Silver Bow, with 35,052 residents in the Census Bureau's ACS 2020-2024. Renters occupy 29.3% of Butte homes, and rental vacancy was 8.9%. Median household income in Butte was $61,857 over the same period.
Owners who plan to sell commercial property in Butte, MT meet buyers who start with rents and building age. HUD's FY2027 two-bedroom fair market rent is $1,417, against an $856 median gross rent. Montana taxes multifamily long-term rentals at 1.10% of market value in 2026.
Continental copper mine
Montana Resources runs the open-pit Continental copper and molybdenum mine in Butte, with about 400 employees.Montana Tech
Montana Technological University in Butte reported a fall 2025 headcount of 2,516, up nearly 4% from the prior fall.St. James Hospital
Intermountain Health St. James Hospital is a 67-bed Butte facility with more than 450 caregivers.Our Buy Box
What We Buy In Butte
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Butte Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Butte
Renters hold 29.3% of Butte's 15,127 occupied homes in ACS 2020-2024, per Census table B25003. Butte has 2,040 homes in buildings of five or more units, 11.9% of its stock, per table B25024. Census reports Butte as the Butte-Silver Bow (balance) place.
Butte's median year built is 1957, and 73.9% of homes predate 1980, per table B25034. Buyers price that age into every offer, so plan for it before you sell commercial real estate in Butte, MT.
Rents and affordability
Median gross rent in Butte was $856 in ACS 2020-2024, 20.8% below Montana's $1,081. Median household income was $61,857, so a year of median rent equals 16.6% of it. Rental vacancy was 8.9%, per profile DP04.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $1,076 |
| 1 bedroom | $1,176 |
| 2 bedroom | $1,417 |
| 3 bedroom | $1,962 |
| 4 bedroom | $2,325 |
These HUD FY2027 fair market rents cover the Silver Bow County, MT FMR area from October 1, 2026.
Property taxes in Butte-Silver Bow
Multifamily long-term rentals pay a flat 1.10% rate in tax year 2026, per Montana Department of Revenue guidance. On a $2,000,000 Butte building, taxable value is $22,000. Each 100 mills then adds $2,200 a year.
Appraisal objections are due within 30 days of the notice under Montana Code 15-7-102. Montana's Constitution bans real property transfer taxes, so owners who sell commercial property in Butte, MT pay none.
Landlord rules
Montana sets the key rules statewide. Montana Code 7-1-111 denies self-governing local governments any power to control rent. Deposits are due back within 10 days, or 30 days with itemized charges, under Montana Code 70-25-202.
Unpaid rent allows termination after 3 days' written notice, per Montana Code 70-24-422. Month-to-month tenancies end on 30 days' written notice under Montana Code 70-24-441. When selling commercial property in Butte, keep those notices dated.
What this means for an owner
Butte's median home value was $257,800 in ACS 2020-2024, 31.4% below Montana's $375,800. Under Montana Code 15-6-411, the reduced rental rate ends with the tax year of an ownership change.
If you plan to sell your apartment building in Butte, start with our cap rate calculator. Skyline Capital Investments buys 5+ unit apartment buildings in Uptown Butte, the Flats and Walkerville.
To sell commercial property in Butte, MT, read our seller page on how we underwrite and close.
Before You Sell
What Shapes A Butte Offer
More about selling in Montana →Investing in Butte? See apartment syndications in Butte →
- ACS figures are 2020-2024 five-year estimates for Butte-Silver Bow (balance) and Montana.
- HUD's FY2027 fair market rents apply from October 1, 2026; they are program benchmarks.
- Owners who sell commercial real estate in Butte, MT pay no state or local transfer tax.
Seller Guides
Butte Seller Situations
Learn More
Taxes & Rules For Butte Property
The Montana rules that shape any deal in Butte: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Butte Seller FAQ
How do I sell commercial property in Butte, MT?
Most owners list with a broker or sell directly to a buyer of 5+ unit buildings. Butte buyers compare rents with HUD's FY2027 two-bedroom benchmark of $1,417 and 8.9% rental vacancy. Skyline Capital Investments buys 5+ unit apartment buildings from Uptown Butte to the Flats.
What are property taxes on a Butte apartment building?
A multifamily long-term rental is taxed on 1.10% of market value in 2026, per the Montana Department of Revenue. On $2,000,000, taxable value is $22,000. Each 100 mills levied in Butte-Silver Bow adds $2,200 to the yearly bill.
Is there a transfer tax if I sell commercial real estate in Butte, MT?
No. Article VIII, Section 17 of the Montana Constitution says the state or any local government unit may not tax the sale or transfer of real property. Voters approved it by initiative in 2010, so Butte sellers pay no transfer tax at closing.
What should I know before I sell multifamily property in Butte?
Expect questions about building age and taxes. Butte's median year built is 1957, and 73.9% of its homes predate 1980 in ACS 2020-2024. Buyers also know the reduced rental tax rate ends with the tax year of an ownership change.
Who rents apartments in Butte?
Renters occupy 29.3% of Butte's homes in ACS 2020-2024, and 40.6% of renter households spend 30% or more of income on rent. Montana Resources, Montana Tech and St. James Hospital anchor that rental demand in Butte.
Will you buy a Butte property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Can I sell my Butte apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Can I sell rental property in Butte with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
How fast can I sell my apartment building in Butte?
Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.
Submit A Deal
Have A Property In Butte?
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
