Downtown 10-Unit Apartment
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 Market296
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
(512) 415-6244
Listed By:
Maxim Son · License #0817026
(512) 415-6244
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.
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
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.
