Grand Rapids Homes under $500,000

Grand Rapids Homes under $500,000

Welcome to Grand Rapids, Michigan, a vibrant city nestled in Kent County, where community spirit and educational excellence thrive! Known for its rich history and stunning riverfront, Grand Rapids offers a perfect blend of urban amenities and natural beauty. One of the standout features of this area is its exceptional school district, which is dedicated to providing quality education and fostering a nurturing environment for students of all ages.

The Grand Rapids School District is renowned for its commitment to academic achievement and innovative programs. With a diverse range of schools, including magnet and charter options, families can find the perfect fit for their children's educational needs. The district emphasizes not only academic excellence but also the importance of extracurricular activities, arts, and athletics, ensuring a well-rounded experience for every student.

For those looking to plant roots in this thriving community, Grand Rapids offers an impressive selection of homes under $500,000. Whether you’re a first-time homebuyer or seeking a cozy family retreat, you’ll find charming bungalows, modern townhomes, and spacious single-family houses, all within reach of top-rated schools.

Imagine enjoying the beautiful parks, local shops, and cultural attractions just minutes from your doorstep. With a strong sense of community and a commitment to growth, Grand Rapids is not just a place to live; it’s a place to thrive. Explore the possibilities of calling this dynamic city home, where quality education and affordable living come together harmoniously. Your dream home awaits in Grand Rapids!

Newest Grand Rapids Homes under $500,000

928 Worden Street SE, Grand Rapids
$215,000
4 Beds ⋅ 1 Baths ⋅ 26054602 MLS ⋅ ACTIVE Status
Welcome to 928 Worden St SE! This charming historic home offers distinctive architectural character, spacious living areas, and a practical four-bedroom layout. The standout princess tower adds unique curb appeal, while two enclosed porches provide additional space to relax, entertain, or use for storage. The main floor features beautiful hardwood-look laminate flooring, a spacious living room, dining room, kitchen, oversized full bathroom, and a convenient main-floor bedroom. Three additional bedrooms are located upstairs, providing plenty of flexibility for bedrooms, an office, or guest space. A 1.5-car garage is a rare find in the area, offering valuable off-street parking and generous storage. Numerous significant updates have already been completed, including a 2019 roof, newer vinyl windows, and low-maintenance vinyl siding. Currently occupied by reliable long-term tenants, the home has also been a successful cash-flowing rental. City rental currently certified until 2030.

928 Worden Street SE, Grand Rapids
418 Breens Court SW, Grand Rapids
$160,500
2 Beds ⋅ 1 Baths ⋅ 26054589 MLS ⋅ ACTIVE Status
Great opportunity to build equity with this 2-bedroom, 1-full-bath home offering approximately 1,001 square feet of living space. The home needs cosmetic updates, providing an excellent opportunity for buyers to add their own style and personal touches. Major items are covered, offering added peace of mind while you focus on the cosmetic improvements. The property sits on approximately 0.095 acres, according to City of Grand Rapids records, and includes land described in both Grant's Addition and Freeman Godfrey's Addition. Whether you're looking for a home to personalize or an investment opportunity, this property offers plenty of potential. Buyers are encouraged to verify all property information and explore any land-use possibilities with the appropriate city departments.

418 Breens Court SW, Grand Rapids
750 Olympia Street SW, Grand Rapids
$209,000
4 Beds ⋅ 1 Baths ⋅ 26054495 MLS ⋅ ACTIVE Status
Welcome to this cozy home in a well-established southwest Grand Rapids neighborhood. 750 Olympia St SW offers classic GR charm with easy access to downtown, US-131, and all the restaurants and parks the west side is known for. Inside you'll find a functional layout ready for your personal touches, with natural light and a welcoming feel from the moment you walk in. Outside, enjoy a private yard — perfect for grilling, gardening, or just relaxing after work. Location is everything here: minutes to downtown. Shopping, schools, and quick highway access make this an ideal spot for first-time buyers, investors, or anyone wanting west-side convenience without the downtown price tag. Come see why this Olympia St home could be your next move. Schedule your showing today! Seller is a licensed Realtor in the State of Michigan.

750 Olympia Street SW, Grand Rapids
544 Giddings Avenue SE, Grand Rapids
$358,000
4 Beds ⋅ 2 Baths ⋅ 26054447 MLS ⋅ ACTIVE Status
Eastown Living at Its Finest!!! This gorgeous home is loaded with the class and character of a bygone era but has all of the modern updates and amenities you could possibly want! Newer roof, vinyl siding, newer windows (aside from the beautiful leaded glass and stained glass windows left intact) upgraded electric and plumbing-you name it- all of the big stuff is done. Location IDEAL-just a short walk to the heart of Eastown. Take it all in from the stately front porch, or go to the upper back deck and enjoy more private outdoor space. Main floor master with a generous closet and master bath, 3 more large bedrooms up PLUS a conveniently located laundry room upstairs. all rooms loaded with natural light and character galore!! The home offers off=street parking and has garage, plus newer privacy fence enclosing more outdoor space just waiting for your personal touch. The 3rd story walk up attic space could be easily finished off and the basement is huge and dry!

544 Giddings Avenue SE, Grand Rapids
844 M.L.K. Jr Street SE, Grand Rapids
$189,900
4 Beds ⋅ 1 Baths ⋅ 26054419 MLS ⋅ ACTIVE Status
Welcome to 844 MLK Jr St SE! This charming historic home combines distinctive architectural character with a functional layout. Ornate wood trim and gingerbread detailing add timeless charm and curb appeal. The main floor features a kitchen, dining room, two living spaces, and a full bathroom with convenient laundry. Four bedrooms are located upstairs, while an enclosed porch offers additional storage. Outside, enjoy a welcoming front porch, back deck, oversized backyard, and two-car off-street parking pad. Significant recent updates include a 2022 roof, 2018 furnace, and 2024 water heater. Currently occupied by reliable long-term tenants, the home has a strong rental history and has been a successful cash-flowing property. A great opportunity for an owner occupant looking for a character-filled home or an investor seeking an established income-producing property.

844 M.L.K. Jr Street SE, Grand Rapids
940 Monroe Avenue NW Unit 408, Grand Rapids
$350,000
2 Beds ⋅ 1 Baths ⋅ 26054423 MLS ⋅ ACTIVE Status ⋅ Boardwalk Condominiums BLDG.
Welcome home to the perfect blend of historic character and urban living in the heart of downtown Grand Rapids! Located in the historic Berkey and Gay Furniture Company building originally built in 1892, Boardwalk Condominiums blends Old World charm with an inviting, contemporary feel. This unit features soaring 11'6" lofted ceilings, exposed wood beams, beautiful window details, and rich historic brick walls that create a warm and welcoming home. Spacious and full of character, this distinctive home features two generously sized bedroom suites, each showcasing exposed brick walls and oversized closets. The open living and dining areas provide a comfortable setting for everyday living and entertaining. The kitchen includes stainless steel appliances and a large center island that brings everyone together, and the recently renovated bathroom features a new walk-in tiled shower with new flooring, cabinets, and lighting. Discover the exceptional lifestyle that makes Boardwalk Condominiums so special by enjoying two distinctive courtyards: one includes a wooded courtyard with picnic and grilling areas, and the other includes a resort-style heated pool and year-round hot tub. Additional amenities include a 700+ square-foot rooftop deck, game room, theater room, and various monthly events. Step outside and experience the best of downtown Grand Rapids, from local restaurants and coffee shops to shopping, entertainment, and so many other conveniences of the city. Whether you're looking for a vibrant place to call home or a convenient urban retreat, this condo offers an appealing combination of location, character, and lifestyle. Go beyond the ordinary and let Boardwalk welcome you home!

940 Monroe Avenue NW Unit 408, Grand Rapids
742 Myrtle Street NW, Grand Rapids
$210,000
3 Beds ⋅ 1 Baths ⋅ 26054421 MLS ⋅ ACTIVE Status
Welcome to 742 Myrtle St, a charming 3-bedroom, 1-bath home in the heart of Grand Rapids! This move-in-ready home features fresh paint and new flooring, giving the interior a clean and updated feel. Conveniently located close to shopping, dining, parks, schools, and all the amenities Grand Rapids has to offer. A great opportunity for a first-time buyer, investor, or anyone looking for an affordable home in a convenient location. 2-1 RATE BUYDOWN AVAILABLE! Seller offering a 2-1 temporary interest-rate buydown for a qualified buyer. Lower payments during the first two years! Don't miss out and on this opportunity.

742 Myrtle Street NW, Grand Rapids
1206 Fisk Road SE, Grand Rapids
$255,000
3 Beds ⋅ 1 Baths ⋅ 26054385 MLS ⋅ ACTIVE Status
Welcome Home. Full of character and potential, this 3-bedroom, 1-bath home in the heart of Grand Rapids is ready for its next chapter! The main floor offers comfortable living and dining spaces along with a kitchen, while the upper level features three bedrooms and a full bathroom. The basement provides a blank canvas with endless possibilities to make it your own. Outside, enjoy a spacious backyard with a deck, perfect for relaxing or entertaining, plus a one-stall garage for added convenience. Conveniently located near parks, local bakeries, and more, this home is full of opportunity for its next owners to bring their vision to life. Come explore the possibilities and check it out today!

1206 Fisk Road SE, Grand Rapids
525 La Grave Avenue SE, Grand Rapids
$265,000
3 Beds ⋅ 1 Baths ⋅ 26054362 MLS ⋅ ACTIVE Status
Updated 3 bed, 1 bath home near downtown Grand Rapids. Walkability to lots of local areas... 3 blocks from the Downtown Market, 2 blocks from Mary Free Bed and Trinity Health and easy access to restaurants on Wealthy St. Fresh paint throughout, new flooring, newer windows, new roof, and more. Updated bathroom with large walk in shower. Spacious kitchen with separate dining room. Large mudroom off the back of the house with room for storage, and access to the basement. Huge front porch for enjoying the sights and sounds of the city or entertaining. Off street parking in the yard off the alley in the back. Spacious back yard.

525 La Grave Avenue SE, Grand Rapids
1021 Broadway Avenue NW, Grand Rapids
$249,000
2 Baths ⋅ 26054255 MLS ⋅ ACTIVE Status
Discover an investment opportunity in Grand Rapids with this two- to four-unit multifamily property. The lower unit is occupied by a tenant, providing income from day one, while the upstairs unit is vacant and available for a new lease or owner occupancy. The compact 2,875-square-foot lot provides efficient land use in an established area. Whether you're building equity through ownership or seeking to diversify your investment portfolio, this property offers the potential for steady value appreciation. The configuration supports multiple income streams or flexible living arrangements, making it a practical choice for ownership-focused buyers seeking long-term financial stability.

1021 Broadway Avenue NW, Grand Rapids
842 Hall Street SE, Grand Rapids
$254,914
5 Beds ⋅ 2 Baths ⋅ 26054182 MLS ⋅ ACTIVE Status
Welcome home to 842 Hall Street SE in Grand Rapids, where five bedrooms and two full bathrooms give you room to spread out, simplify busy mornings and make space for what matters most. Hardwood floors and fresh paint inside and out create a welcoming backdrop for your next chapter, with 1,596 square feet above grade to make your own. Updates include a 2026 house roof, 2025 garage roof and 2025 heating system. Enjoy central air on warm days, storage in the unfinished basement and parking in the detached garage. The range, refrigerator, washer and dryer are included, making your move a little easier. Public water and sewer add everyday convenience. Schedule your showing and picture yourself settling in.

842 Hall Street SE, Grand Rapids
843 Temple Street SE, Grand Rapids
$285,000
4 Beds ⋅ 3 Baths ⋅ 26054178 MLS ⋅ ACTIVE Status
A must-see!! This spacious 4-bedroom home with its generous living areas, unique layout, and abundant storage is full of possibilities! Enjoy a huge living room, separate dining room, bright sunroom, and a nice kitchen. The unique loft-style primary bedroom overlooks the sitting room and features a private en-suite bathroom. Three additional bedrooms provide plenty of room for family, guests, or a home office. Outside, you'll find a private deck perfect for relaxing or entertaining, and an attached one-stall garage with plenty of extra storage space. The finished basement offers additional living space, a full bathroom with a shower, and a convenient laundry room. You won't want to miss this one—schedule your showing today!

843 Temple Street SE, Grand Rapids
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