Detroit Homes under $500,000

Welcome to Detroit, a vibrant city in Wayne County, Michigan, where rich history and modern innovation converge! Known for its resilience and cultural significance, Detroit is not only the birthplace of Motown music but also home to a diverse community that thrives in its dynamic neighborhoods.

One of the key highlights of living in Detroit is the access to an impressive school district. The Detroit Public Schools Community District (DPSCD) is dedicated to providing quality education and fostering a supportive environment for students. With a range of educational programs, including arts and sciences, advanced placement courses, and vocational training, families can feel confident that their children will receive a well-rounded education. Moreover, the district is actively working on improving facilities and expanding resources to ensure that every student has the opportunity to succeed.

For those looking to settle down in this exciting city, there are plenty of charming homes available for under $500,000. Whether you’re searching for a cozy bungalow, a historic Victorian, or a modern townhouse, Detroit’s real estate market offers a variety of options to suit your lifestyle and budget. With its affordable housing prices, families and first-time homebuyers can find their dream home without breaking the bank.

Explore the neighborhoods, immerse yourself in the local culture, and discover the perfect home for you and your family in Detroit. With its combination of educational opportunities and affordable living, Detroit is truly a city on the rise, ready to welcome you with open arms!

Newest Detroit Homes under $500,000

16086 Bringard Drive, Detroit $35,000

Great opportunity for investors! This brick bungalow features 3 bedrooms, 1 full bathroom, an additional half bathroom in the basement, and a detached 2-car garage. The h...

3 Beds
2 Baths
20261083512 MLS
ACTIVE Status

10785 E Outer Drive, Detroit $69,900

A diamond in the rough ready for your vision! This spacious home presents a great opportunity for investors or hands-on buyers looking to bring their ideas to life.Locate...

2 Beds
1 Baths
20261084024 MLS
ACTIVE Status

5765 Marseilles Street, Detroit $85,000

3 BEDROOM 1 BATHROOM HOME, PERFECT FOR A FIRST TIME HOME BUYER OR FOR AN INVESTMENT PROPERTY! BATVAI.

3 Beds
1 Baths
20261084007 MLS
COMING SOON Status

2900 E Jefferson Avenue, Detroit $170,000

Discover the perfect blend of historic prestige and modern convenience in this classic pre-war 1-bedroom condo at Garden Court Condominiums, designed by celebrated archit...

1 Beds
1 Baths
20261082529 MLS
ACTIVE Status

19336 Binder Street, Detroit $80,000

For sale at 19336 Binder St! This 3-bedroom, 1-bath home offers an opportunity to make it your own. Bring your ideas and explore its potential. Schedule your showing toda...

3 Beds
1 Baths
20261084000 MLS
ACTIVE Status

291 Englewood Street, Detroit $245,000

Right in the heart of North End. Just two blocks from Woodward. Close to shopping and only about 6 minutes from downtown. Each unit has been updated and is very spacious....

3 Baths
20261083998 MLS
ACTIVE Status

405 E Ferry Street, Detroit $339,000

Historic Queen Anne Elegance Meets Modern Living – 405 E. Ferry, Unit 2B, Detroit, MI 48202!Experience the charm and character of Detroit’s prestigious East Ferry Histori...

3 Beds
3 Baths
20261080039 MLS
ACTIVE Status

5937 Radnor Street, Detroit $149,900

Prime location! Situated just moments from Henry Ford St. John Hospital, this beautifully updated brick bungalow is ready to welcome your family! Offering 3 bedrooms alon...

3 Beds
1 Baths
20261080906 MLS
ACTIVE Status

1135 Shelby Street, Detroit $399,000

Priced to SELL + PRISTINE inside and available FULLY FURNISHED! Own a piece of Detroit history (one of only a handful of condos available in the central business district...

2 Beds
2 Baths
20261083862 MLS
ACTIVE Status

2981 Richton Street, Detroit $149,000

This expansive all-brick two-unit multifamily property offers incredible income potential in a prime Detroit location. Each spacious unit features three bedrooms, one ful...

3 Baths
20261083858 MLS
ACTIVE Status

15375 Asbury Park, Detroit $99,900

Brick home offering a great investment opportunity. Tenant-occupied with rental income of $1,350/month. Property features 3 bedrooms, 1 bathroom, and a basement. Do not d...

3 Beds
1 Baths
26055080 MLS
ACTIVE Status

525 W Lafayette Boulevard, Detroit image

525 W Lafayette Boulevard, Detroit $295,000

Downtown living at its finest in this stunning 15th-floor residence at The Fort Shelby, a historic tower designed by renowned architect Albert Kahn. The Coltrane floor pl...