Grand Rapids Homes under $500,000

Grand Rapids Homes under $500,000

Welcome to Grand Rapids, Michigan, a vibrant city known for its rich cultural scene, stunning natural beauty, and a thriving economy. Nestled along the banks of the Grand River, this charming city offers a perfect blend of urban convenience and small-town warmth. With its diverse neighborhoods, Grand Rapids is a haven for families, young professionals, and retirees alike.

One of the most appealing aspects of Grand Rapids is the impressive range of homes available, particularly for those seeking properties under $500,000. Whether you’re looking for a cozy bungalow, a modern townhouse, or a spacious family home, this city has something for everyone. The real estate market here is robust, with many listings offering great value for your investment.

The neighborhoods in Grand Rapids each have their own unique character. From the historic charm of Heritage Hill to the trendy vibe of Eastown, you’ll find homes that not only meet your needs but also reflect your personal style. Many properties come with beautiful outdoor spaces, perfect for enjoying Michigan’s stunning seasons.

Beyond the homes, Grand Rapids is celebrated for its vibrant arts scene, with numerous galleries, theaters, and music venues. The city is also home to a fantastic selection of restaurants, breweries, and parks, making it an ideal place to live and explore. With a growing economy and a strong sense of community, Grand Rapids is not just a place to live; it’s a place to thrive. Discover your dream home in this enchanting city today!

Newest Grand Rapids Homes under $500,000

241 Baynton Avenue NE, Grand Rapids
$399,900
3 Beds ⋅ 2 Baths ⋅ 26054836 MLS ⋅ ACTIVE Status
Open house 10-18 12 to 2 and 10.20 4 30 to 6 Wow! Take a look at this totally remodeled, 3 bedroom, 1.5 bathroom, charming 2-story home with a private backyard and large 3-season room in the desirable Fulton Heights neighborhood! Walk through the brand new front door to the main level which includes refinished wood floors, a large living room with a fireplace, dining area with access to an awesome 3-season room, kitchen with new quartz, backsplash, sink, flooring and a breakfast nook or main level laundry area (hookups available), and half bathroom. The upstairs features a primary bedroom, 2 additional bedrooms, and a full bathroom with an updated shower and new vanity. The lower level offers a finished family room ready for game days or movie nights, and ample storage space that includes the mechanicals and the option for lower level laundry as well. Other great perks of the property are the attached garage with opener, private tree-filled backyard, freshly stained deck, garden area, newly installed shutters, updated landscaping and close proximity to Michigan Street and the highways! All offers to be reviewed at 3:00pm on 10/21. Call to schedule your private showing today!

241 Baynton Avenue NE, Grand Rapids
4247 Huntington Avenue NE, Grand Rapids
$400,000
3 Beds ⋅ 2 Baths ⋅ 26054830 MLS ⋅ COMING SOON Status
Enjoy the best of both worlds in this inviting Northview home, where a peaceful, wooded backyard offers exceptional privacy with no homes directly behind you. Mature trees, multiple decks, and inviting outdoor spaces create the perfect setting to relax or entertain. Inside, warm wood accents, abundant natural light, and comfortable living spaces create a welcoming feel, complemented by a bright sunroom overlooking the outdoors. With 3 bedrooms, 2 full baths, and approximately 2,000 square feet of finished living space, there's room to spread out and make yourself at home. Recent updates include a new roof, gutters, furnace, kitchen appliances, washer and dryer, and freshly painted cabinets. Conveniently located minutes from Northview High School, Plainfield Avenue shopping and dining, and I-96, this home pairs a private, nature-filled setting with easy access to everyday amenities.

4247 Huntington Avenue NE, Grand Rapids
549 Giddings Avenue SE, Grand Rapids
$450,000
2 Baths ⋅ 26054787 MLS ⋅ COMING SOON Status
TWO HOMES. ONE INCREDIBLE OPPORTUNITY! Whether you're building your real estate portfolio or dreaming of owning a home where your tenant helps pay the mortgage, this charming 1923 duplex offers an exciting path to building wealth! Located in Grand Rapids, 549 & 547 Giddings feature two spacious 2-bedroom, 1-bath apartments, each approximately 1,131 SF, with separate utilities, private basement storage and laundry areas. Currently generating $3,800/month in combined rental income, this property offers immediate income potential for investors and a compelling house-hacking opportunity for future owner-occupants. LIVE IN ONE. RENT THE OTHER. BUILD YOUR FUTURE! OPEN HOUSES: Friday, October 16, 4-7 PM and Saturday, October 17, 1-4 PM.

549 Giddings Avenue SE, Grand Rapids
505 Cherry Street SE Unit 208, Grand Rapids
$169,900
1 Beds ⋅ 1 Baths ⋅ 26054758 MLS ⋅ ACTIVE Status ⋅ Hillmount Condominiums BLDG.
Enjoy the perfect blend of historic charm and urban convenience at The Hillmount! This 1 bed 1 bath condo offers a living space, eating area, kitchen, bedroom, and full bath. Residents can enjoy the rooftop deck and fitness center, with restaurants, cafes, boutiques, and neighborhood amenities nearby. Conveniently located near Downtown Grand Rapids, Cherry Hill, and the Wealthy Street district, this pet-friendly condo offers an appealing opportunity to enjoy city living with character and convenience. Experience the charm, amenities, and walkable lifestyle The Hillmount has to offer. Schedule your private showing today!

505 Cherry Street SE Unit 208, Grand Rapids
1035 Veto Street NW, Grand Rapids
$249,900
3 Beds ⋅ 1 Baths ⋅ 26054757 MLS ⋅ ACTIVE Status
Priced right and ready for YOU! Welcome to 1035 Veto Street NW, a completely updated 3-bedroom, 1-bath home in the heart of Grand Rapids' West Side. With 1,129 square feet of thoughtfully refreshed living space, this one is truly move-in ready. The big-ticket items are already done: a roof replaced in 2020, a furnace replaced in 2021, and updated electrical mean peace of mind for years to come. Inside, the home has been fully renovated, so there's nothing to do but unpack and settle in. Three comfortable bedrooms offer flexibility for family, guests, or a home office. Located on the vibrant West Side, you're just minutes from downtown Grand Rapids, the Grand River, local breweries, coffee shops, restaurants, and quick access to I-96. Whether you're a first-time buyer, downsizing, or looking for a low-maintenance investment, this home checks the boxes. Schedule your showing today!

1035 Veto Street NW, Grand Rapids
724 Eleanor Street NE, Grand Rapids
$285,000
3 Beds ⋅ 1 Baths ⋅ 26054736 MLS ⋅ ACTIVE Status
This 3 bedroom home in the Cheshire neighborhood of NE Grand Rapids offers 1,183 sqft of finished living space on a quarter-acre corner lot. This adorable bungalow combines natural light, historical beauty, and massive future potential for a long term investment. Huge windows brighten the hardwoods in main living areas, and the spacious bedrooms offer comfortable everyday living. The generous living room can be split into many different arrangements to add to adaptability and function. The impressive 3 season screen porch expands your usable space into the quiet community with the slide of a window. Enjoy the large shaded backyard and privacy fenced patio. A rare three car garage provides outstanding flexibility for parking, projects, or storage. Garage includes a workbench, separate electric breaker box and 220 hookups. The solid concrete foundation creates a clean, dry basement for additional storage and more. Roof 2020. All new mechanicals '26. Seller is agent. St had recent update.

724 Eleanor Street NE, Grand Rapids
1057 Bridge Street NW, Grand Rapids
$299,000
2 Baths ⋅ 26054709 MLS ⋅ ACTIVE Status
Fantastic investment opportunity in the heart of Grand Rapids' vibrant West Side! This well-located duplex at 1057 Bridge St NW features two spacious units, each offering 2 bedrooms, 1 full bath, and functional layouts with generously sized living spaces. The upper unit has recently been refreshed with new carpet and new windows, making it move-in ready for its next occupant. Location is a major highlight! Situated directly on the Bridge Street corridor, the property is surrounded by some of Grand Rapids' most popular dining, shopping, and entertainment destinations. Bridge Street Market, New Holland Brewing, Butcher's Union, restaurants, coffee shops, breweries, and neighborhood favorites are all nearby, with Downtown Grand Rapids, the Medical Mile, GVSU's downtown campus, museums, entertainment venues, and the Grand River just minutes away. The Bridge Street Entertainment District has become one of the city's most active and desirable areas, offering excellent walkability and convenient access to everything Downtown GR has to offer. The property has also benefited from several important updates, including a roof replaced within approximately the last 10 years, along with a newer furnace and water heater. Both units offer convenient front and rear access. Even better for investors, the home currently holds a City of Grand Rapids rental certification with time remaining on the certificate. Whether you're looking to add a well-positioned duplex to your rental portfolio or explore an owner-occupied investment opportunity, this property combines a highly desirable location, practical updates, and two great-sized units in one of Grand Rapids' most exciting neighborhoods.

1057 Bridge Street NW, Grand Rapids
1424 3 Mile Road NE, Grand Rapids
$300,000
3 Beds ⋅ 2 Baths ⋅ 26054682 MLS ⋅ ACTIVE Status
Classic Charm, Solid Brick & Easy Living! Come tour this incredibly well-maintained ALL-BRICK RANCH in a fantastic location close to restaurants, shopping, banking, and so much more! This inviting home offers 3 main-floor bedrooms, all featuring beautiful wood floors, a full bath, and a spacious living room with a charming masonry fireplace and built-in bookshelves. A convenient half bath is located just off the kitchen, where you can enjoy a lovely view of the park-like backyard right from the kitchen sink! Step outside to your fully fenced backyard featuring a concrete patio and privacy fence—perfect for entertaining, relaxing, or enjoying those beautiful fall evenings. Whether you have little ones, fur babies, or simply love outdoor living, this space is sure to please! The simple, low-maintenance yard means less work and more time to enjoy life! Need extra space to unwind? Head downstairs to the lower-level family room, complete with a second masonry wood-burning fireplace—BONUS BONUS FEATURE: A whole-home standby generator provides added security and peace of mind when unexpected power outages occur! Solid brick construction, timeless character, inviting living spaces, and a convenient location make this home one you won't want to miss. Call today to schedule your private showing!

1424 3 Mile Road NE, Grand Rapids
5722 Leisure S Drive SE, Grand Rapids
$185,000
2 Beds ⋅ 2 Baths ⋅ 26054680 MLS ⋅ ACTIVE Status ⋅ Leisure South Condominiums BLDG.
LEISURE SOUTH 55+CONDO COMMUNITY***AT LEAST ONE PERSON 55 YEARS OLD. Corner Unit Main Floor Offers Spacious Kitchen / Eating Area, Large Living Room w/3 Season Porch, 2 Bedrooms and Full Bathroom. The Lower Level Basement Is Partially Finish Office/Den and Full 2nd Bath. Affordable Living, Association Offers Gas Heat, Furnace & Hot Water Heater Repair or Replacement, Water/Sewer, Yard, Snow Removal, Trash/Recycle Services and Building Exterior Insurance. Park Like Setting!

5722 Leisure S Drive SE, Grand Rapids
1515 Gridley Avenue NW, Grand Rapids
$315,000
3 Beds ⋅ 2 Baths ⋅ 26054656 MLS ⋅ ACTIVE Status
Welcome to Walker! Just a stone's throw from downtown Grand Rapids and steps from Blandford Nature Center trails, this home sits on a private, quarter-acre lot with room to play and relax. Outside, you'll love the oversized detached garage; a perfect storage solution. Inside, enjoy seamless open-concept living featuring a sleek, modernized kitchen with new appliances, flowing right into the dedicated eating area and inviting living room. The main level offers flexibility with 3 bedrooms, including one currently styled as an open office that can easily convert back. Downstairs, the newly finished basement features fresh carpeting, a spacious secondary living area, a non-conforming bedroom, and an additional bathroom. Schedule your private tour today! All offers will be reviewed Monday at 12:00 PM.

1515 Gridley Avenue NW, Grand Rapids
2147 Dewberry Drive NE, Grand Rapids
$399,900
3 Beds ⋅ 2 Baths ⋅ 26054657 MLS ⋅ ACTIVE Status
Looking for space, storage, and room to make a home your own? This 3-bedroom, 1.5-bath home in Grand Rapids offers approximately 2,395 finished square feet with plenty of room for everyday living and entertaining! The kitchen features an abundance of cabinetry, providing exceptional storage, while the living room offers a beautiful bay window that brings in natural light. The lower level features a spacious family/rec room, office area, workshop space, laundry area, and glass block windows. Additional highlights include a 2-car garage with an epoxy-coated floor and a furnace replaced in 2019. With generous living spaces, plenty of storage, and flexible areas for hobbies, work, or relaxation, this home offers so many possibilities. Don't miss your opportunity to make this one your own! Buyer / buyer agent to verify all facts. Possibility of possession at close.

2147 Dewberry Drive NE, Grand Rapids
920 Coventry Drive NW, Grand Rapids
$259,000
3 Beds ⋅ 1 Baths ⋅ 26054650 MLS ⋅ ACTIVE Status
Welcome to this affordable three bedroom ranch home located in the Kenowa Hills School District, conveniently located near restaurants, grocery stores, and schools! The main floor features a spacious front living room with plenty of room for entertaining that flows into the dining area and kitchen overlooking the backyard. The backyard is ready for summer fun, with a large deck perfect for gathering and a pool that's eight feet deep at the center. Additional decking surrounds the pool, offering even more space to relax and enjoy sunny days. A three-season room off the garage offers flexible space for relaxing, hobbies, or additional storage. Three bedrooms and a full bathroom complete the main floor, while the lower level offers a large family room and plenty of storage. Updates include a new roof, newer furnace, and much more. A wonderful opportunity to enjoy comfortable living with plenty of room to gather, inside and out!

920 Coventry Drive NW, Grand Rapids
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