48161 Homes under $500,000

48161 Homes under $500,000

Welcome to Monroe, Michigan, where charm meets affordability in the heart of Monroe County! Nestled in the picturesque region of zip code 48161, this vibrant city is known for its rich history, friendly community, and stunning natural landscapes. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, Monroe offers a variety of homes under $500,000, making it an ideal place to call home.

Monroe boasts a diverse selection of properties, from cozy bungalows to spacious family homes, each offering unique features and character. With a budget-friendly price range, you can find well-maintained houses with modern amenities, beautiful yards, and convenient access to local parks and recreational facilities. The real estate market in Monroe is thriving, providing excellent opportunities for those seeking quality living without breaking the bank.

Beyond the homes, Monroe is rich in community spirit. Residents enjoy a blend of small-town charm and modern conveniences, with a variety of local shops, restaurants, and cultural attractions. The city is also known for its beautiful waterfront along the River Raisin, offering picturesque views and outdoor activities for all ages.

In addition to its affordable housing options, Monroe is conveniently located near major highways, making commutes to nearby cities a breeze. With its welcoming atmosphere, beautiful homes, and vibrant community life, Monroe, MI, zip code 48161, is truly a hidden gem waiting to be discovered. Come explore the possibilities and find your dream home in this delightful city!

Newest 48161 Homes under $500,000

1858 W Albain Road, Monroe
$399,900
3 Beds ⋅ 2 Baths ⋅ 50224480 MLS ⋅ ACTIVE Status
Beautiful Ranch on over 5 acres w/ 514' of road frontage that may be split. 25x65 barn, located in Ida School District. Park like setting with many mature trees and privacy! Home has had extensive renovation in recent years including kitchen, bathrooms, appliances, window, natural gas generator system, furnace, air and Culligan Reverse Osmosis system. Kitchen features granite tops and stainless appliances. Plank Hardwood flooring through out the home including under carpet. Full basement with high ceilings and walkout entry. Beautiful setting that is hard to find!!

1858 W Albain Road, Monroe
15526 Westwood Drive, Monroe
$225,000
3 Beds ⋅ 2 Baths ⋅ 50224456 MLS ⋅ ACTIVE Status
Welcome to this ranch-style home featuring 3 bedrooms, 2 full baths, and a convenient detached 2-car garage. Located on a quiet dead-end street, this home offers a large fenced backyard that backs up to a creek, providing privacy and a relaxing outdoor setting. Home has a wheelchair accessible exterior ramp. Some hardwood flooring. A wonderful opportunity for comfortable one-level living in a desirable setting!

15526 Westwood Drive, Monroe
4900 Evergreen Drive, Monroe
$359,900
4 Beds ⋅ 3 Baths ⋅ 50224365 MLS ⋅ ACTIVE Status
Welcome home to this one owner, spacious ranch located in the desirable Evergreen Acres subdivision. This home features 4 bedrooms, 3.5 baths, attached 3 car garage and main floor laundry. The inviting living room opens up to a deck creating the perfect space for entertaining while a charming open loft overlooks the living area. The kitchen features stainless steel appliances and granite countertops. The large primary suite has a walk in closet, a jetted tub and a stand up shower. The full, finished walkout basement adds valuable living space with an open concept. It includes two flexible rooms that can be used as bedrooms, offices or hobby rooms along with a half bath. Situated on over a half acre, this home features plenty of space inside and out. Furnace and AC less than 5 years old. Don't miss this opportunity to make this exceptional property your own!

4900 Evergreen Drive, Monroe
1116 E 8th Street, Monroe
$139,990
2 Beds ⋅ 1 Baths ⋅ 20261081719 MLS ⋅ ACTIVE Status
Move in at closing! 2 bedroom cute comfortable home with huge yard and additional lot / land behind home, parcel is in monroe twp! Remolded white ocean tile shower! Huge basement. Open family room to dining room. Come check it out!

1116 E 8th Street, Monroe
524 Concetta Drive, Monroe
$254,900
3 Beds ⋅ 1 Baths ⋅ 50224128 MLS ⋅ ACTIVE Status
Welcome home to this charming 3-bedroom ranch featuring a full basement and a convenient location close to shopping, restaurants, and everyday conveniences. The spacious living room offers a cozy fireplace, while the basement features a second fireplace and provides plenty of additional space for recreation, hobbies, or storage. Enjoy the privacy of the fenced-in yard, perfect for outdoor activities and entertaining. A 2-car garage provides plenty of room for vehicles and additional storage. This home offers comfort, convenience, and plenty of potential!

524 Concetta Drive, Monroe
14564 S Dixie Highway, Monroe
$325,000
3 Beds ⋅ 2 Baths ⋅ 50223971 MLS ⋅ ACTIVE Status
Welcome to this lovely, sprawling ranch situated on nearly half an acre! This well-maintained home offers plenty of space inside and out, including a large basement that currently offers additional living space, a workshop and a separate utility room, but the possibilities are countless to make this space your own! Recent updates include a new garage door, safety handrails, flooring, kitchen appliances including stove and refrigerator, gazebo, and more. The convenient turnaround driveway provides easy access, while inside you’ll find both a spacious living room and a family room featuring a cozy fireplace and ceiling fans. The kitchen offers new flooring and appliances and opens to a charming breakfast nook or dining area. All three bedrooms feature generous closet space. Step outside to enjoy the fully fenced backyard, complete with two storage sheds, 10x10 and 12x16, plus a gazebo situated on a concrete pad, perfect for relaxing, entertaining and enjoying your outdoor space. With nearly half an acre, plenty of living space and numerous updates, this sprawling ranch has so much to offer. Home Warranty included. Don’t wait to make it yours!

14564 S Dixie Highway, Monroe
619 W 5th Street, Monroe
$209,900
3 Beds ⋅ 2 Baths ⋅ 50223892 MLS ⋅ ACTIVE Status
Welcome to 619 W 5th Street! This spacious 3-bedroom, 2-full-bath home offers plenty of room. The gorgeous full baths add a beautiful touch, while the expansive kitchen provides plenty of space for cooking and gathering. A large dining room creates the perfect setting for meals and entertaining. Enjoy the convenience of main-floor laundry and relax in the charming enclosed porch. Outside, the fenced-in backyard offers privacy and room to enjoy the outdoors, while the detached 2-car garage provides excellent parking and storage. A full basement adds even more usable space and storage options. This wonderful Monroe home combines space, comfort, and convenience in a great package!

619 W 5th Street, Monroe
1636 Peters Street, Monroe
$116,000
2 Baths ⋅ 50223639 MLS ⋅ ACTIVE Status
Great Investment Opportunity in Monroe! This duplex offers an excellent opportunity for investors or owner-occupants looking to offset their housing costs with rental income. Both units are currently occupied, providing immediate income potential. One tenant has been in the property for an impressive 14 years and has a signed lease, while the second unit is currently month-to-month, offering flexibility for an investor or buyer who may want to make future changes to the tenancy. The property has been thoughtfully updated over the years, including furnaces approximately 6 and 12 years old, hot water heaters approximately 6 and 8 years old, updated flooring, newer windows approximately 8 years old, and new exterior doors. One side also features a beautifully remodeled full kitchen. Whether you're looking to rent both units and build your investment portfolio or live in one unit while renting the other to help offset your mortgage, this duplex offers versatility and opportunity. With long-term rental history, numerous updates, and a convenient Monroe location, this is a great opportunity to add an income-producing property to your portfolio or make owner-occupied living more affordable. Two units. Multiple possibilities. One great investment!

1636 Peters Street, Monroe
15592 Eastwood Street, Monroe
$289,000
4 Beds ⋅ 2 Baths ⋅ 50223509 MLS ⋅ ACTIVE Status
FIRST TIME OFFERED! A wonderful opportunity to own a well-loved, one-owner ranch with great bones, timeless features, and numerous important updates already completed. This charming brick ranch welcomes you with a large front porch and offers solid oak interior doors, updated bathrooms, and a spacious full basement designed for fun and entertaining, complete with a pool table and bar area for added entertaining. The BIG TICKET items are already taken care of, including a new roof, furnace, central air and hot water heater, plus newer windows and driveway (both 6 years old). The home is solid and ready for its next chapter, with plenty of opportunity to add your own personal style with fresh paint and some new carpeting. Whether you're a first-time buyer looking to build equity or someone searching for a home with room to make it your own, this one is worth a look. BRING YOUR VISION AND MAKE THIS SPECIAL ONE-OWNER HOME YOURS!!

15592 Eastwood Street, Monroe
713 W 5th Street, Monroe
$87,500
4 Beds ⋅ 2 Baths ⋅ 20261078979 MLS ⋅ ACTIVE Status
Investor special with tons of potential! This 4-bedroom, 2.5-bath bungalow needs some TLC but offers a great opportunity for a flip, rental, or future home. Features include a deep 2-car detached garage and a full basement with plumbing, providing plenty of additional space and possibilities. Bring your vision and make this property shine!

713 W 5th Street, Monroe
68 Navarre Street, Monroe
$139,000
4 Beds ⋅ 2 Baths ⋅ 50223357 MLS ⋅ ACTIVE Status
Amazing 2,013 sq. ft. 4-bedroom, 2.5 bath home featuring high ceilings on the Main floor level with many renovations already done including updated Kitchen and much more. Lots of possibilities here as the upstairs is configured with a small 2nd kitchen, Living room, Bedroom and Full Bath. The main floor has 3 bedrooms, Large Living room, Kitchen and Full Bath. All this on a Full Basement that offer lots of storage and a 1/2 Bath. Conveniently located with easy access to restaurants, shopping and Expressway. This property was used in the past as a duplex but the doorway/staircase is still in place connecting the upstairs to the main floor level. Buyer to confirm their desired single family or Multi-family use options with the City of Monroe. HUD Home.

68 Navarre Street, Monroe
404 Union Street, Monroe
$219,900
4 Beds ⋅ 2 Baths ⋅ 50223200 MLS ⋅ ACTIVE Status
This spacious 4-bedroom, 2-bathroom home offers approximately 1,640 square feet of living space and is conveniently located within the city limits of Monroe. With plenty of room for comfortable living, this home offers a great opportunity for homeowners or investors alike. Enjoy the convenience of being just minutes from downtown Monroe, local restaurants, banks, shopping, and other everyday amenities. Whether you're looking for space to grow or a property in a convenient location, this home offers comfort, convenience, and plenty of potential.

404 Union Street, Monroe
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