Grand Rapids Homes under $500,000

Grand Rapids Homes under $500,000

Welcome to Grand Rapids, Michigan—a vibrant city that seamlessly blends urban excitement with the charm of a close-knit community. Nestled along the banks of the Grand River, this dynamic locale is renowned for its rich cultural scene, thriving arts community, and a plethora of outdoor activities. With its picturesque parks, stunning riverfront, and a variety of local breweries and eateries, Grand Rapids is a place where residents can truly enjoy the best of both worlds.

For homebuyers seeking affordability without compromising on quality, Grand Rapids offers a fantastic selection of homes under $500,000. Whether you're a first-time buyer, a growing family, or someone looking to downsize, you'll find an array of options that cater to diverse lifestyles and preferences. From charming historic bungalows to modern townhomes and spacious single-family residences, there’s something for everyone in this thriving market.

Families will appreciate the excellent school districts, while young professionals can take advantage of the city’s robust job market and innovative industries. With a strong sense of community, numerous local events, and an ever-growing number of amenities, Grand Rapids is a city that welcomes you with open arms.

Explore the neighborhoods, discover the hidden gems, and find your dream home in Grand Rapids, where affordability meets quality living. With homes under $500,000, you can invest in a vibrant future in a city that truly has it all. Come and experience the warmth and charm of Grand Rapids—your new home awaits!

Newest Grand Rapids Homes under $500,000

2933 Byron Center Avenue SW Unit B, Grand Rapids
$209,900
2 Beds ⋅ 1 Baths ⋅ 26052802 MLS ⋅ ACTIVE Status ⋅ Arbor Lake BLDG.
Well-kept 2-bedroom 1-bath condo with a balcony overlooking Arbor Lake, which is a great spot for enjoying the morning sun. Located close to shopping, major highways, and just 6 miles from Downtown Grand Rapids, this home offers a low maintenance lifestyle with an HOA fee of $185 per month. The interior offers a bright 13x24 living room with large windows and plenty of natural light. The open, fully remodeled kitchen has quartz countertops, subway tile backsplash, ample cabinets, and stainless steel appliances. The bathroom features a new vanity and acrylic deep soaking tub/shower combo. A spacious laundry room with front loading washer and dryer and additional storage is a big plus in this condo! A one-car garage with opener comes with the home, and a second garage is available for purchase separately. A hidden gem in the Wyoming area, this association offers free RV storage, a community garden, and a park-like setting just minutes from popular amenities. Come take a look!

2933 Byron Center Avenue SW Unit B, Grand Rapids
1002 Butterworth Street SW, Grand Rapids
$249,900
3 Beds ⋅ 1 Baths ⋅ 26052798 MLS ⋅ ACTIVE Status
Welcome to 1002 Butterworth St SW! This 3-bed, 1-bath home has been fully remodeled and is move-in ready. Living here will have you feeling like your Pinterest feed came to life! The layout is perfect for gathering with family and friends, and the design of the remodel emphasizes warmth and practicality. In the Kitchen, everything is new from the cabinets to the appliances! The Bathroom features a new vanity and tub enclosure. Upstairs has new carpet in the Bedrooms, and a ton of windows to keep things light. Don't miss the driveway on the left side of the house, and the large backyard. Schedule your showing today! There is currently no offer deadline.

1002 Butterworth Street SW, Grand Rapids
2714 Brooklane Avenue SE, Grand Rapids
$330,000
4 Beds ⋅ 4 Baths ⋅ 26052774 MLS ⋅ ACTIVE Status
First time on the market since 1976! This classic brick ranch offers more space than it appears, with 4 bedrooms and 3 full baths on the main level, including a primary suite. The living and dining areas feature charming built-ins and carpet, while the bedrooms offer hardwood floors. The kitchen provides abundant cabinetry and a unique brick fire grill. A screened-in sunroom with a gas fireplace offers a comfortable gathering space, with stairs leading to the walk-out lower level. The lower level includes a sitting room, large recreation room and non-conforming bedroom currently used as an office. A lower-level bath is listed as a half bath with an unfinished shower area. After nearly 50 years of ownership, this home is ready for its next chapter!

2714 Brooklane Avenue SE, Grand Rapids
735 Wilson Avenue SW, Grand Rapids
$319,900
2 Beds ⋅ 1 Baths ⋅ 26052751 MLS ⋅ ACTIVE Status
A rare opportunity with so much potential! Located in Walker within the Grandville School District, this 2-bedroom, 1-bath home has been cherished by the same family since 1938 and is ready for its next chapter. A newer-built sunroom adds additional living space and offers the perfect spot to relax while taking in views of the surrounding property. Bonus attic space provides even more possibilities and could be transformed into a 3rd bedroom, home office, or additional living area. The home rests on 2.4 acres with the adjacent 1.8 acre parcel at 737 Wilson Ave included in the sale, providing a total of 4.2 acres of land to spread out and enjoy the outdoors. Just 15 minutes from dtw Grand Rapids, close to shopping, dining, schools, and everyday amenities while still enjoying a peaceful, secluded setting that is increasingly hard to find. With its generous acreage, flexible living space, and convenient location, this property is ready for its next owner to make it their own.

735 Wilson Avenue SW, Grand Rapids
1820 Coit Avenue NE, Grand Rapids
$429,900
3 Beds ⋅ 2 Baths ⋅ 26052750 MLS ⋅ ACTIVE Status
Welcome to your practically brand-new home in the heart of Grand Rapids' vibrant Creston neighborhood! This move-in-ready gem offers endless possibilities, featuring top-to-bottom modern updates and an ideal layout for both daily living and outdoor entertaining. Virtually everything in this house is brand new, giving you total peace of mind with fresh, contemporary finishes throughout. Officially configured as a 3-bedroom, 1.5-bath, the finished basement dramatically expands your options with a dedicated shower setup and a spacious lower-level owner's suite. While non-conforming today, adding an egress window creates an easy opportunity for new owners to make it a fully legal 4th bedroom and primary suite! Outside, step into your own entertaining haven featuring a built-in grill set beneath a custom lean-to—perfect for year-round outdoor cooking and hosting guests. All of this is located just minutes from local coffee shops, parks, breweries, and downtown Grand Rapids. Whether you're looking for extra space to grow or a high-upside investment with built-in equity potential, this Creston home is a rare find. Schedule your tour today!

1820 Coit Avenue NE, Grand Rapids
11710 Torrey Trail NW, Grand Rapids
$99,900
3 Beds ⋅ 2 Baths ⋅ 26052714 MLS ⋅ ACTIVE Status
Welcome to Leonard Gardens Community! This beautifully maintained 2021 manufactured home offers 3 bedrooms, 2 full bathrooms, and a spacious open-concept layout designed for comfortable everyday living. Inside, you'll find updated luxury vinyl plank flooring, custom closet systems, and a bright, modern interior that's been meticulously cared for. Step outside to enjoy the beautiful new deck--perfect for relaxing or entertaining. Residents of Leonard Gardens enjoy community amenities including a clubhouse, basketball court, and playground. Conveniently located in Grand Rapids, this move-in-ready home is an excellent opportunity for affordable homeownership. Lot rent is $750 per month. Buyer must receive park approval prior to purchase. Don't miss your chance to make this clean, well-maintained home yours--schedule your private showing today 269-267-1848!

11710 Torrey Trail NW, Grand Rapids
1628 Kalamazoo Avenue SE, Grand Rapids
$239,000
4 Beds ⋅ 1 Baths ⋅ 26052667 MLS ⋅ ACTIVE Status
NICE HOME. New kitchen, New Bathroom, New Windows, New Electric service, Refinished Hardwood floors, New carpet and vinyl. Convenient parking behind the house. Home warranty available. This home presents an excellent opportunity in a desirable location. Be part of the Boston Square Renaissance. Great location just blocks from Martin Luther King Jr Park/Pool, Hall Street Bakery, Mulick Park, schools, local amenities like Corewell Health, Early Learning Center/Daycare, Senior Neighbors, and Meijer.

1628 Kalamazoo Avenue SE, Grand Rapids
449 Giddings Avenue SE, Grand Rapids
$339,000
3 Beds ⋅ 1 Baths ⋅ 26052653 MLS ⋅ ACTIVE Status
Eastown character, classic craftsmanship, and a location that puts so much within reach! This 3-bedroom, 1-bath, two-story home is full of the timeless details that make older Grand Rapids homes so special. Beautiful wood floors and stunning wood craftsmanship are showcased throughout, complemented by sections of exposed brick on the main and upper levels. The formal dining room sits just off the kitchen, creating a natural space for everyday meals or entertaining. Upstairs, you'll find all three bedrooms, the full bath, and a spacious finished attic that offers many possibilities for a home office, creative space, playroom, guest area, or whatever fits your needs. The partially finished basement provides even more flexible living space or room for storage. Outside, enjoy a private fenced yard with a deck for relaxing or entertaining. Off-street parking is located behind the home, accessible from the alley. And when you want to head out, you're right in the heart of Eastown, close to local restaurants, coffee shops, breweries, boutiques, parks, and neighborhood favorites — with plenty to explore right outside your door. A must-see for anyone looking for character, space, and an unbeatable Grand Rapids location!

449 Giddings Avenue SE, Grand Rapids
1860 Sandrel Drive NE, Grand Rapids
$389,900
3 Beds ⋅ 2 Baths ⋅ 26052651 MLS ⋅ ACTIVE Status
Nice three bedroom two full bath home located in the desirable Forest Hills Eastern school district! Main level open floor plan features kitchen with eating area and pantry, dining area and living room area with vaulted ceiling and hardwood flooring. Ground level with large family room and gas fireplace, full bath and bedroom. Upper level with large master bedroom, full bath and third bedroom. Both bedrooms walk out to the homes impressive large deck with three season protected area, overlooking the backyard area and neighboring properties. Deck is also accessible from the back yard area. Lower level with finished bonus area could be used as a fourth bedroom, office, or den. Unfinished portion is laundry, storage and mechanical area. Home is conveniently located for all shopping, dining and travel throughout the greater Grand Rapids area. Call us for a private tour!

1860 Sandrel Drive NE, Grand Rapids
964 Needham Court NW, Grand Rapids
$349,900
3 Beds ⋅ 2 Baths ⋅ 26052636 MLS ⋅ ACTIVE Status
Welcome to this fully refreshed 3-bedroom, 1.5-bath ranch on a quiet court in the Kenowa Hills school district. Set on nearly half an acre with a wooded backdrop, this 1965 home pairs mid-century charm with a thorough modern remodel. It's move-in ready from the front door to the back yard. Inside, new vinyl plank flooring and fresh, neutral finishes run throughout the main level. The bright living room is anchored by a classic wood-burning fireplace with a painted mantel and large picture windows that bring in natural light. The brand-new kitchen features light wood shaker cabinetry, white countertops, a subway tile backsplash, a brushed-gold faucet, and stainless appliances, including a gas range. The adjoining eating area has sliding doors that open to the sunroom, a peaceful spot for morning coffee or evening reading overlooking the expansive yard. All three bedrooms are on the main level and have new carpet and ample closet space. Both bathrooms have been completely updated: a full bath with a new vanity and modern black fixtures, and a stylish half bath with a sleek black vanity and gold accents. The lower level adds 500 finished square feet, including a carpeted recreation room with a second fireplace set in brick. That makes it ideal for a family room, home gym, or movie nights. The unfinished area offers laundry, new storage cabinetry with a work counter, and plenty of room to grow. Outside, you'll find an attached 2-car garage, a paved driveway, and a storage shed for tools and seasonal gear. The large, private backyard has mature trees, so there's room to play, garden, or simply relax. Updated, spacious, and minutes from shopping, dining, and easy highway access, this one is ready for its next owner. Schedule your showing today! The seller is requesting a deadline for all offers to be reviewed on Wednesday, October 7 at 12:00pm.

964 Needham Court NW, Grand Rapids
47 Straight Avenue SW, Grand Rapids
$349,900
2 Baths ⋅ 26052618 MLS ⋅ ACTIVE Status
Welcome to your completely renovated side-by-side duplex at 47-49 Straight Ave SW, Grand Rapids, MI! This exceptional property offers two thoughtfully designed units: a spacious 3-bedroom, 1-bath residence and a versatile 2-bedroom plus bonus room, 1-bath unit—ideal for owner-occupants or investors seeking strong rental potential. Every detail has been meticulously updated. Enjoy a brand-new electrical, plumbing, roof and siding, LVP flooring on the main levels, soft carpet upstairs, and beautifully tiled bathrooms. The gourmet kitchens feature new appliances, deep sinks, elegant countertops, modern lighting, and fresh flooring throughout. Both units have been fully transformed from top to bottom. Outdoor living shines with front porches on each unit (one with a convenient mudroom, the other with a private back porch), newly poured concrete driveways extending to the backyard for ample parking, a new shed for storage, and fully fenced front and back yards for privacy and security. The location is simply outstanding— a playground just across the street, walking distance to Grand Valley State University, coffee shops, dining, and shopping. You're only a mile from US-131, I-196, and the John Ball Zoo, making commuting and recreation effortless. With stunning bathrooms and turnkey appeal, this duplex is perfect whether you plan to live in one side and rent the other or maximize it as a full investment. Don't miss this rare opportunity to own a fully updated property with excellent cash-flow potential. Unit 47 has a new washer and dryer. Schedule your private showing today and make 47-49 Straight Ave SW your next success story!

47 Straight Avenue SW, Grand Rapids
1049 Second Street NW, Grand Rapids
$329,000
5 Beds ⋅ 2 Baths ⋅ 26052616 MLS ⋅ ACTIVE Status
A rare find in the city! This spacious 5 bedroom + office/playroom, 2 bath home offers over 2,000 square feet of living space and a HEATED 6 car garage. This space is perfect for vehicles, hobbies, storage, or a workshop. Inside, you'll find a charming updated kitchen, convenient and spacious main floor laundry, two bedrooms, a living room or formal dining area. Additionally, there is a large family room surrounded by beautiful windows and glass doors that includes a wall furnace to use year round and the ability to hook up a hot tub. Upstairs there are an additional 3 bedrooms, full bathroom and a bonus room that would make a great home office or playroom. The property is also one of the few homes on the street with its own driveway an ability to park in your garage from more than the back alley. Located with easy access to I-196, making it quick to get around Grand Rapids and beyond. With plenty of space inside and out, this home offers features that are hard to find in the city!

1049 Second Street NW, Grand Rapids
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