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Listed price in listed location currency (USD).
$1,300,000

000

MLS® 5202270

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage 
HOA Fees 
Taxes $37,699
Days Active 0
Approx. Age 1999
MLS® Number 5202270

Property Address: 409 Brown St, Akron, OH, 44311-1247

Average square foot calculated using Size range provided by listing agent.

Description

Located directly across from The University of Akron’s InfoCision Stadium in the heart of University Park, 409 Brown Street (The Brownstone Apartments) offers modern, low-maintenance apartments in a 21-unit, 1999-built community. This well-positioned property features 2-bedroom, 1-bath layouts of approximately 900–950 sq ft with efficient floorplans, comfortable living rooms, and off-street and on-site parking options. Residents enjoy central air and forced-air heat, all-electric utilities, in a setting that outcompetes much of the older surrounding housing stock. The building’s 1999 vintage and subsequent remodels provide a more contemporary feel than typical area rentals while keeping operating costs and maintenance in check for investors. Tenants are drawn to the highly walkable location, strong renter base, immediate access to campus, and proximity to major employment centers, grocery stores, pharmacies, restaurants, and freeway access. The surrounding neighborhood has one of the highest concentrations of renters in the Akron metro, supporting ongoing leasing demand and renewal potential for this asset. With competitive market rents historically in the $900s to $1, 200s per month for 2-bedroom units, the property appeals to students and workforce tenants seeking value, convenience, and quick access to downtown Akron. This listing is ideal for investors or owner-operators seeking a stabilized, campus-adjacent multifamily property with clear upside from continued unit modernization and strong property management.
MLS® Number5202270
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1999
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 17, 2026List Date
$1,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
409 Brown St, Akron, OH

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