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401 Main Street, Brownwood, TX, 76801
Downtown 10-Unit Apartment Community

401 Main Street Brownwood, TX 76801

For Sale
$949,000

Turnkey, 10-unit multifamily property with recently renovated units and separately metered utilities.

Property Size7,140 SF
Lot Size0.50 Acres
Price / SF$132.91
Days on Market295

Property Features for 401 Main Street

General Information

Standard status
Active
Size
7,140 SF
Lot size
0.50 Acres
Property subtype
Multi-Family / Apartment/5Plex+

Building Details

Year Built
1990
Listing Agency: Real Broker, LLC
Listed By: Maxim Son · License #0817026
Source: Compass
Added: Oct 2, 2025 Changed: Jul 23 Last Checked: Jul 23 at 4:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker, LLC


Investment Insights

Based on property information with market context.

The Brownwood Cottages is a 10-unit apartment community arranged across five identical buildings, totaling 7,140 rentable square feet. The property is described as turnkey and very easy to manage, with all units recently renovated. Reported improvements include new central HVAC, LVP flooring, appliances, and an updated parking lot. The listing also references PVC sewer lines and copper wiring intended to support ongoing low maintenance.

The property is located on Main St in downtown Brownwood on a 0.5-acre lot, with the listing noting excellent visibility and convenient tenant access to local downtown amenities. It is also described as a short walk to Howard Payne University and a short drive to Hendrick Medical Center.

Each unit is reported to have the same layout with 2 bedrooms and 1 bathroom, and includes an appliance package with dishwasher plus washer-dryer hookups. Utilities are separately metered and paid by tenants. The property is reported to be 100% occupied.

Key Highlights

  • 10‑unit multifamily property on Main St with five identical buildings and 7,140 rentable SF (1‑story; frame with siding).
  • All units recently renovated with about $124k in improvements, including new central HVAC, LVP flooring, and updated appliances.
  • Each unit is a 2 bed, 1 bath with about 720 SF and identical layout; includes dishwashers plus washer‑dryer hookups.

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Plumbing Service Florist (Bike/Boat/Book/etc) Store Daycare Center Tanning Salon (Bike/Boat/Book/etc) Store Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Turnkey, 10-unit multifamily property with recently renovated units and separately metered utilities.
Where is this apartment building located?
The property is located at 401 Main Street Brownwood, TX.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 10‑unit multifamily property on Main St with five identical buildings and 7,140 rentable SF (1‑story; frame with siding).; All units recently renovated with about $124k in improvements, including new central HVAC, LVP flooring, and updated appliances.; Each unit is a 2 bed, 1 bath with about 720 SF and identical layout; includes dishwashers plus washer‑dryer hookups.
More about this property
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