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21-Unit Apartment Building
For Sale
$1,300,000
Pending

409 Brown St, Akron, OH 44311

Campus-adjacent apartments offer two-bedroom layouts, central air, and forced-air heat.

Property SizeContact for details
Days on Market136

Property Features for 409 Brown St

General Information

Standard status Pending

Units

Unit Mix 21 x 2BR/1BA
Multifamily Units 21

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $37,698

Building Details

Year Built 1999
Listing Agency: KMLK Realty
Listed By: Laura Fraser
Source: Exprealty
Added: Apr 17 Changed: Aug 29 Last Checked: Aug 29 at 6:37PM

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 KMLK Realty

Investment Insights

Based on property information with market context.

The Brownstone Apartments is a 21-unit community at 409 Brown St in Akron, positioned across from The University of Akron’s InfoCision Stadium. Built in 1999, the property includes two-bedroom, one-bath apartments measuring approximately 900–950 square feet. Floorplans feature living rooms, central air, forced-air heat, and all-electric utilities, with parking available on and off site. Subsequent remodels have updated portions of the community while retaining its established building infrastructure.

The property is located in University Park with immediate proximity to the university campus. Grocery stores, pharmacies, restaurants, employment centers, and freeway access are also identified nearby. Its campus-adjacent setting places the property within a concentrated renter area and supports its multifamily use.

Key Highlights

  • 21‑unit apartment community built in 1999
  • Two‑bedroom, one‑bath apartment layouts of approximately 900–950 SF
  • Located across from The University of Akron’s InfoCision Stadium

Property Analytics

Current Use

Brownstone Apartments I, ... Apartment Building

Suggested Use

Top Pick Electrical Service Real Estate Agency (Bike/Boat/Book/etc) Store Spa & Massage Center Nail Salon Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,301
Businesses Nearby

Demographics for 44311, OH

6,993
Population
3,400
Households
2.1
Avg Household Size
28
Median Age
10%
College-Educated
79%
High-School Grad
1.9 sq mi
ZIP Area
3,681
Density / Sq Mi
$23,857
Median Household Income
$14,953
Median Earnings
$790
Median Rent
$64,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Campus-adjacent apartments offer two-bedroom layouts, central air, and forced-air heat.
Where is this apartment building located?
The property is located at 409 Brown St Akron, OH.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 21‑unit apartment community built in 1999; Two‑bedroom, one‑bath apartment layouts of approximately 900–950 SF; Located across from The University of Akron’s InfoCision Stadium
More about this property
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