48202 Homes under $150,000

48202 Homes under $150,000

Welcome to the vibrant 48202 zip code, nestled in the heart of Detroit, Michigan. This dynamic area is rich in history and culture, making it an exciting place to call home. Known for its diverse neighborhoods and community spirit, 48202 offers residents a unique blend of urban living and suburban charm.

One of the most appealing aspects of this zip code is its affordability. With homes available for under $150,000, it is an ideal location for first-time buyers, investors, or anyone looking to enjoy the benefits of city living without breaking the bank. Whether you’re seeking a cozy bungalow, a spacious family home, or a chic loft, the options are plentiful. Many properties in this price range boast character and potential, allowing you to personalize your space and create the home of your dreams.

The 48202 area is not just about affordable housing; it’s also about lifestyle. Residents enjoy easy access to Detroit’s thriving arts scene, eclectic dining options, and beautiful parks. The nearby Detroit Historical Museum and the Charles H. Wright Museum of African American History are just a few highlights that showcase the city’s rich heritage.

With a strong sense of community and a variety of amenities, living in 48202 means you’re never far from the action. Embrace the opportunity to invest in a charming home in this up-and-coming neighborhood, where the past meets the future in exciting ways. Explore what 48202 has to offer and discover your perfect home today!

Newest 48202 Homes under $150,000

7409 2nd Avenue, Detroit
$150,000
1 Beds ⋅ 1 Baths ⋅ 20261076908 MLS ⋅ ACTIVE Status
Detroit's leading home seller presents this historic top floor corner condo in the Fisher Kahn building, a fully furnished one bedroom, one bath home where century-old character, sun-filled rooms, and an unbeatable New Center address come together just steps from the iconic Fisher Building. Walk into a bright, airy living room where a wall of windows pours natural light across original hardwood floors, while classic trim, detailed molding, and high ceilings give the space a timeless, open feel. The living area flows easily into a spacious dining room with plenty of room for a full table and more of those lovely original details. The kitchen is efficient and well laid out, offering stainless steel appliances, generous cabinet space, a convenient laundry area, and a back door to an outdoor stairway that leads right down to the parking lot. The bedroom is a comfortable retreat with a large window and closet space, and a full bath sits nearby. Step out onto the covered balcony, a perfect spot for morning coffee or unwinding in the evening while overlooking the beautifully landscaped courtyard below. Residents share access to that peaceful courtyard, a green escape surrounded by the building's historic brick architecture. All furniture is included, making this a truly move-in ready opportunity. One assigned parking space keeps life easy, and the association fee covers grounds maintenance, trash, and water. Live in the heart of New Center near Grand Blvd and Woodward Ave, with the QLine, Henry Ford Hospital, Midtown, and some of Detroit's favorite restaurants and cultural spots all close by. Welcome Home!

7409 2nd Avenue, Detroit

7750 3rd Street, Detroit
$119,900
2 Beds ⋅ 2 Baths ⋅ 20261076016 MLS ⋅ ACTIVE Status
FULLY RENOVATED, MOVE-IN READY, 2-STORY RESIDENCE | 1,086 SF | PRIVATE GATED PARKING + IN-UNIT LAUNDRY + STORAGE A distinctive, turnkey home for the buyer who values space, character, location, and quality, in a centrally located desirable neighborhood. This beautifully renovated residence offers the feel and privacy of a small townhouse, with the convenience of condo living. Located in one of New Center’s historic buildings, this home offers a modern, high-end upgrade, designed for comfortable everyday living. The main level features an open plan - living and dining area flowing into a large updated kitchen, along with a half bath. A spiral staircase connects to the private upper level, where you’ll find a spacious primary with walk-in closet, full bath with a ceramic tile shower and in-unit Miele washer/dryer. The second bedroom features a custom closet system, offering plenty of storage. LOCATION: Ideally positioned in New Center near Henry Ford Health, WSU, CCS, Midtown, the Fisher Theatre, and downtown Detroit. Convenient location for those who want a distinctive home close to work, culture, dining and entertainment. WHY THIS HOME?: It is larger than many of the smaller condos competing in this price range. The two-story layout creates separation between living and sleeping spaces, while the updates, private parking, in-unit laundry, and character, provide amenities rarely found at this price. THE BUILDING & AMENITIES: Historic building with just 10 residences - a private setting. The monthly HOA of $925 includes heat, water, building maintenance, insurance, lawn/snow, secure entry, gated parking and basement storage. The building was updated with a new roof and gutters (2025), and hot water heater (2026). More improvement projects forthcoming - no outstanding or planned special assessments. Buyers: evaluate the complete monthly carrying cost rather than comparing HOA fees alone. **note 2026 SEV $79,800 = taxes approx $4500 per year with NEZ-Homestead BATVAI

7750 3rd Street, Detroit

601 Westminster Street, Detroit
$110,000
4 Beds ⋅ 2 Baths ⋅ 20261066469 MLS ⋅ ACTIVE Status
This beautiful historic home is adjacent to the prestigious Arden Park-East Boston historic District where typical homes are well over $500k and can reach millions of dollars. Homes in this neighborhood are highly sought after and with all the revitalization, including newly built homes, this home presents as a great opportunity for someone with experience in restoring older homes. There are three floors of living space with a flowing floor plan. The first floor has a formal living room with a fireplace, off of a spacious foyer. There is also a 1/2 bath on the first floor which is rare for older Detroit homes. The second floor has 4 sizeable bedrooms, one leading to a balcony that overlooks the prestigious Arden Park District. Take the winding staircase to the third floor which has high ceilings and already has two spacious rooms that can be used as additional bedrooms for a total of 6 bedrooms or used as game space, study or even a meditation room. The home has old world charm with hardwood floors and original trim throughout. Being just a stone throw away from Hamtramck and only minutes from Midtown and Downtown Detroit and the amenities they offer, it doesn't get better than that! The home does need work (reflected in price) but with the right vision can be a beautiful home. It comes with a security system and sirens will be turned off during showings. Buyers to pay Listing Brokerage $495 compliance fee. Title work has already been completed and ready for quick close.Schedule your showing today!Please note, some photos are virtually staged to give an idea of finished look. Furniture in photos not included. BATVAI.

601 Westminster Street, Detroit

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