Grand Rapids Homes under $500,000

Grand Rapids Homes under $500,000

Welcome to Grand Rapids, Michigan, a vibrant city nestled in the heart of Kent County! Known for its rich cultural scene, beautiful parks, and a strong sense of community, Grand Rapids is the perfect place to call home. One of the standout features of this area is its exceptional school district, which is dedicated to providing quality education and fostering student growth. The Grand Rapids Public Schools offer a diverse range of programs, from advanced placement courses to specialized arts and sciences, ensuring that every child has the opportunity to thrive.

For families looking to settle in this charming city, there’s good news! Grand Rapids boasts an impressive selection of homes available for under $500,000. Whether you're searching for a cozy bungalow, a modern townhouse, or a spacious family home, you’ll find plenty of options that fit your budget and lifestyle. The real estate market here is dynamic, with properties that reflect the city's unique character and charm.

Living in Grand Rapids means enjoying a blend of urban conveniences and outdoor adventures. Explore the picturesque parks, indulge in local dining, or immerse yourself in the thriving arts scene. With easy access to major highways and public transportation, commuting to nearby cities is a breeze.

Discover the perfect home in Grand Rapids, where quality education and affordable living come together to create an ideal environment for families and individuals alike. Start your journey today and experience everything this beautiful city has to offer!

Newest Grand Rapids Homes under $500,000

2463 College Avenue SE, Grand Rapids
$359,900
3 Beds ⋅ 3 Baths ⋅ 26056182 MLS ⋅ ACTIVE Status
Full of character and thoughtful updates, this charming 3-bedroom home is ideally located near everything Alger Heights has to offer. The main floor has been recently updated with vinyl plank flooring throughout, creating a fresh and welcoming feel. Spacious living room with a gas log fireplace, a cozy office or reading room, and formal dining room perfect for gathering with family and friends. The kitchen opens to a versatile space ideal for a mudroom, breakfast nook, or both. Upstairs you'll find the master suite with attached full bath, 2 more nice sized BRs and a second full bath. Fully fenced backyard features a large deck and gazebo, perfect for relaxing or entertaining. The basement provides laundry facilities, ample storage, and the potential to create additional living space to suit your needs. Attached garage offers convenient parking and additional storage. This move in ready home is ready for you to make it your own! Open house: Sunday 10/25 1-3pm.

2463 College Avenue SE, Grand Rapids
1109 Baldwin Street SE, Grand Rapids
$359,900
4 Beds ⋅ 2 Baths ⋅ 26056248 MLS ⋅ ACTIVE Status
Introducing 1109 Baldwin. Not only is this lovely home completely new from the studs in, the home is perfectly located close to shops, schools, the farmers market, etc. There also a garage with off street parking. New windows, flooring, drywall, insulation, appliances, cabinets, HVAC. Even all the electrical and plumbing are new. A very unique opportunity in the heart of Grand Rapids.

1109 Baldwin Street SE, Grand Rapids
934 10th Street NW, Grand Rapids
$320,000
2 Baths ⋅ 26056217 MLS ⋅ COMING SOON Status
Great opportunity to own a well-maintained multi-unit property situated on a desirable corner lot! One unit features 3 bedrooms and 2 bathrooms, while the second unit offers 3 bedrooms and 1 bathroom, providing an excellent setup for an owner-occupant, multi-generational living, or an investor looking to expand their portfolio. Major improvements have already been completed, including a newer roof and furnace replaced within the past few years, giving you added peace of mind and reducing the need for immediate major expenses. With spacious layouts, a versatile floor plan, and a convenient corner-lot location, this property offers both functionality and strong potential. Whether you're looking to house-hack, generate rental income, or add another solid investment to your portfolio, this multi-unit is worth a look!

934 10th Street NW, Grand Rapids
2340 College Avenue SE, Grand Rapids
$360,000
4 Beds ⋅ 2 Baths ⋅ 26056214 MLS ⋅ ACTIVE Status
Step inside and feel right at home, where original hardwood floors and preserved character meet thoughtful updates. The new custom kitchen shines with soft-close cabinetry, quartz countertops and a beautiful backsplash. Picture slow mornings in the sunroom, filled with natural light. Two main-floor bedrooms and a full bath offer a convenient layout, while upstairs you'll find two additional bedrooms, one with a walkout balcony overlooking the backyard. There's room to spread out. The finished lower level adds living or flex space, along with laundry and ample storage. Head outside to the newly stained deck, ready for entertaining, and enjoy the fenced backyard. An incredible location puts you near Garfield Park and Alger Heights favorites The Old Goat and Brass Ring Brewing. Thoughtfully refreshed while honoring the details that make it special, this home has so much to appreciate!

2340 College Avenue SE, Grand Rapids
1018 Kentwood Drive NE, Grand Rapids
$294,900
3 Beds ⋅ 2 Baths ⋅ 26056204 MLS ⋅ ACTIVE Status
1018 Kentwood is a meticulously maintained home in highly desired Auburn Hills. Inside it's clear this home has been loved and you will be pleasantly surprised by the amount of living space this house delivers, including two large bedrooms and a full bath on the main plus a third bedroom and half bath upstairs. Downstairs, the full basement is already a functional space, ready to be transformed into more living area. Outside, the garage and yard are standout features. Recently built for the hobbyist or adventurer, the garage offers a 2nd bay large enough to house a boat or camper, a rare find in this price range. Store your toys, protect your vehicles, and still have room to work. Additionally, the driveway and yard offer ample space for future fun - a basketball court, a play area, an expanded patio and room for gardens! 1018 Kentwood is minutes from the Medical Mile, parks, vibrant restaurant & social scenes, and highway access. This home checks every box at a great price point.

1018 Kentwood Drive NE, Grand Rapids
15 Gunnison Avenue SW, Grand Rapids
$295,000
4 Beds ⋅ 2 Baths ⋅ 26056178 MLS ⋅ COMING SOON Status
Location meets opportunity! Welcome to 15 Gunnison Ave SW, a 4-bedroom, 2-full-bath home offering comfortable living and a convenient Grand Rapids location. Inside, you'll find hardwood floors, plenty of natural light, and flexible spaces to make your own. The kitchen features white cabinetry, generous counter space, and room for casual dining. With bedrooms on both levels, main-floor laundry, and a mudroom, this home offers everyday convenience and versatility. Recent improvements include an upgraded full bathroom, a newer roof, furnace, and water heater. Outside, enjoy a fenced backyard with room for outdoor activities or entertaining. Located near downtown Grand Rapids, John Ball Zoo, and the city's growing entertainment destinations, including the amphitheater and soccer stadium, this property offers easy access to local attractions. Whether you're looking for your next home or an investment opportunity, schedule your showing today!

15 Gunnison Avenue SW, Grand Rapids
1247 Mason Street NE, Grand Rapids
$259,900
3 Beds ⋅ 1 Baths ⋅ 26056171 MLS ⋅ ACTIVE Status
Charming brick ranch home in a prime location within the top-ranked public magnet school, City Middle/High School, in Grand Rapids! Featuring well-kept hardwood floors, this inviting blank canvas 3-bedroom layout offers comfort and style. Enjoy an unbeatable location close to bus lines, downtown, groceries, and local restaurants. Updates include a roof, water heater, and hardwood floor within the last 10 years. Step outside to a fully fenced, ample backyard complete with fruit trees & a garden area, plus a detached garage and an extra-long driveway for convenient parking. Clean dry basement offers potential to add more square footage and storage. Better yet, it is also located within the grants assistance zone, schedule your showing today and ask how you can qualify for available grants! So much potential for this gem! Come see it today! Note: The home is currently not staged; select photos are labeled "Virtually Staged" to showcase decor potential. Possession at close.

1247 Mason Street NE, Grand Rapids
1443 Sweet Street NE, Grand Rapids
$349,900
3 Beds ⋅ 2 Baths ⋅ 26056164 MLS ⋅ COMING SOON Status
OPEN HOUSE Saturday 10/24, 12:30-2pm. Private showings start after. Professional pictures coming soon. This impressive 3-bedroom, 2-bathroom residence features contemporary finishes, including a stunning kitchen completely remodeled in 2026 and equipped with stainless steel appliances. Enjoy a gorgeous full bathroom (remodeled in 2025) featuring a bathtub, rainfall shower head & sleek glass shower doors. You will fall in love with the beautifully refinished original hardwood floors, new contemporary windows, and a new sliding glass door that floods the home with natural light. Practical upgrades offer true peace of mind, with major mechanical systems replaced within the last 5 years, updated lighting fixtures, and a new garage door. The lower level expands your usable square footage with a second living area, thoughtfully configured with a dedicated water hookup for a future wet bar or custom recreational space. Situated in a highly desirable location, you are minutes away from local dining, shopping, and Huff Perkins Park.

1443 Sweet Street NE, Grand Rapids
730 Lockwood Street NE, Grand Rapids
$484,900
2 Baths ⋅ 26056163 MLS ⋅ ACTIVE Status
Great investment opportunity in a desirable location near Heritage Hill, downtown Grand Rapids, Martha's Vineyard, and the local farmers market! This upper/lower duplex features two spacious units, each offering 2 bedrooms, 1 full bath, a living room, dining room, and kitchen with updated appliances. Both units have private entrances, dedicated storage, and their own laundry for added convenience. The upper unit also includes a private office or den, providing flexible space for working from home. A beautiful covered front porch adds charm and curb appeal, while the generous off-street parking area is a valuable bonus. Both units are currently leased, offering an opportunity to add a well-located, income-producing property to your portfolio.

730 Lockwood Street NE, Grand Rapids
335 Bridge Street NW Unit 801, Grand Rapids
$355,000
2 Beds ⋅ 2 Baths ⋅ 26056146 MLS ⋅ ACTIVE Status ⋅ River House BLDG.
Unique opportunity to own one of the the best floor layout unit at River House Condominiums in downtown Grand Rapids. This spacious 2-bedroom, 2-bath residence offers just under 1,500 sq. ft. of living space, combining comfort, functionality, and the convenience of elevated downtown living. Ideally located within easy reach of city's renowned restaurants, shopping, entertainment, cultural attractions, and parks, this condo puts the best of the city right at your doorstep. The thoughtfully designed floor plan offers generous living spaces ideal for everyday living, entertaining, or simply relaxing while enjoying the urban surroundings. River House combines the convenience of maintenance-free living with the appeal of one of downtown Grand Rapids' most recognizable condominium communities. Whether you're looking for a full-time residence, a downtown retreat, or an investment opportunity, this exceptional condo offers a wonderful opportunity to enjoy the downtown lifestyle.

335 Bridge Street NW Unit 801, Grand Rapids
2050 Houseman Avenue NE, Grand Rapids
$345,000
3 Beds ⋅ 2 Baths ⋅ 26056143 MLS ⋅ ACTIVE Status
Move right into this NE Cape Cod with an abundance of charm and character! Thoughtfully designed it is very open with a circular floor plan - this easy to manage home lives big. The many windows in the light filled living room with fireplace and adjacent 3 season porch offers a wonderful place to spend your down time. The present owners recently finished a lower level basement room with new carpet and canned lighting. The updated kitchen is ready to go and features a french door to a private brick patio. SHOWINGS TO BEGIN FRIDAY AT 5:00 PM. ANY OFFERS WRITTEN WILL NOT BE PRESENTED UNTIL MONDAY 10/26 AT 7:00 PM

2050 Houseman Avenue NE, Grand Rapids
1773 Turnstone Lane NE, Grand Rapids
$439,900
2 Beds ⋅ 3 Baths ⋅ 26056138 MLS ⋅ ACTIVE Status ⋅ Knapp Valley Condominiums BLDG.
Welcome to low-maintenance living in this well-maintained 2 bedroom, 2.5 bath ranch condominium offering nearly 2,300 total finished square feet of thoughtfully designed living space. Nestled on a private, wooded lot, this home blends tranquility with convenience—located just minutes from Knapp's Corner, downtown Grand Rapids, and major highway access. The open-concept design provides an airy main living space featuring vaulted ceilings and seamless transition between rooms. The sunlit kitchen and breakfast nook are anchored by a large, picturesque window that fills the space with natural light. Enjoy year-round views from the charming 4-season sunroom directly off the living room, opening onto an attached wood deck overlooking the serene, wooded backyard. Located on the main level, the spacious primary bedroom is complete with a private en-suite bathroom and walk-in closet. French doors off the living room lead to an office/bonus room, and an additional half bath with stackable washer & dryer complete the main level. The finished portion of the daylight lower level features a generous second family/rec room, a second spacious bedroom with dual closets, and second full bathroom. Another unfinished space offers potential to be finished for added living space, alongside an adequate storage/utility area. Enjoy hassle-free parking with an attached, 2-stall garage. Don't miss your opportunity to call this move-in-ready home! Call to schedule your private showing. Seller instructs Listing Agent/Broker that Seller will not review any offers until Monday, October 26th at 12:00pm. Please submit offers to Payton Haas at payton@cornerstonehomegroup.com.

1773 Turnstone Lane NE, Grand Rapids
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