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$1,300,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 409 Brown St
General
- Price: $1,300,000
- Taxes: $37,698 (2025)
- Status: Active
- Type: Apartment
- Source: 505
- MLS ID: 5202270
- Updated: 4/17/2026
- Added to Site: 1 day(s) ago
Parking
- Parking Features: On Site
Location
- County: Summit
- Township: Akron
- Subdivision: Angne
- Driving Directions: From E Exchange turn onto Brown St. Complex is directly behind the Circle K.
School Information
- Elem School District: Akron CSD - 7701
- Midd School District: Akron CSD - 7701
- High School District: Akron CSD - 7701
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Current Bldg. Use: Multi-Family
- Year Built: 1999
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1421
- Lot Size: .1421
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $37,698.69
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: ANGNE LOT 33 ALL LESS N 7 1/2FT & E 50FT
- Property ID: 6827903
Listed by KMLK Realty, Laura Fraser
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Schools
Schools serving 409 Brown St
School District:Akron Public Schools
| Name | Grades | Distance |
|---|---|---|
Leggett Community Learning Center 333 East Thornton Street, Akron, OH 44311 | K-5 | 0.4 mi |
North High School, Akron, OH 985 Gorge Boulevard, Akron, OH 44310 | 9-12 | 2.4 mi |
Jennings Community Learning Center 227 East Tallmadge Avenue, Akron, OH 44310 | 6-8 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 409 Brown St
Date
Details
Price
Change
Source
4/17/2026
Listed
$1,300,000
0.08%
MLS
4/07/2025
Sold
$1,299,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 409 Brown St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$898
—
$5,464
-43%
2023
$898
57%
$9,520
74%
2021
$572
—
$5,470
—
2022
$572
11%
$5,470
—
2020
$514
—
$5,470
24%
2019
$514
—
$4,407
—
2018
$512
—
$4,407
—
2017
$513
-1%
$4,407
-4%
2016
$517
-1%
$4,603
—
2015
$521
1%
$4,603
—
2014
$515
26%
$4,603
39%
2013
$409
—
$3,315
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 409 Brown St
409 Brown Street, Akron, OH 44311 (MLS# 5202270) is a Apartment property. 409 Brown Street is currently listed for $1,300,000 and was received on April 17, 2026. Want to learn more about 409 Brown Street? Do you have questions about finding other Apartment real estate for sale in Akron? You can browse all Akron real estate or contact a Coldwell Banker agent to request more information.

