48224 Homes under $500,000

48224 Homes under $500,000

Welcome to the vibrant 48224 zip code, nestled in the heart of Detroit, Michigan! This dynamic neighborhood in Wayne County offers an enticing blend of urban charm and suburban tranquility, making it a prime location for homebuyers seeking affordability without compromising on quality of life.

In 48224, you’ll discover a variety of homes under $500,000 that cater to diverse tastes and lifestyles. From cozy bungalows to spacious family homes, the real estate options here are plentiful and appealing. Many properties showcase classic Detroit architecture, complete with unique character and modern updates, perfect for those looking to make a house their home.

The community is rich with amenities, including parks, schools, and local shops, ensuring that everything you need is just a stone’s throw away. The nearby waterfront offers stunning views and recreational opportunities, making it a perfect spot for outdoor enthusiasts. Plus, with easy access to major highways and public transportation, commuting to downtown Detroit or other parts of the city is a breeze.

Living in 48224 means being part of a welcoming community that values connection and growth. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, this area provides a fantastic opportunity to invest in a home that fits your budget while enjoying the vibrant culture and rich history of Detroit. Explore the possibilities in 48224 today and find your perfect home sweet home!

Newest 48224 Homes under $500,000

12485 Whitehill Street, Detroit
$80,000
3 Beds ⋅ 1 Baths ⋅ 20261090265 MLS ⋅ ACTIVE Status
Expand your investment portfolio with this cash-flowing property at 12485 Whitehill! Currently rented for $1,350 per month, this tenant-occupied property offers rental income already in place and an opportunity for investors to grow their holdings. **Please do not disturb the tenant. Showings will be permitted only after an accepted offer.**

12485 Whitehill Street, Detroit
9640 Balfour Road, Detroit
$189,000
5 Beds ⋅ 2 Baths ⋅ 20261077796 MLS ⋅ ACTIVE Status
At 9640 Balfour RD, Detroit, MI, USA, discover a single-family residence built in 1926, offering a unique opportunity to own a piece of history reimagined for modern living. This distinguished property provides a serene retreat within a vibrant urban landscape, promising a lifestyle of comfort and potential. The three bedrooms offer versatile spaces, each designed to provide a private sanctuary. These rooms are ready to adapt to your personal vision, whether as restful sleeping quarters, a productive home office, or creative studios. This property presents a compelling invitation to craft your ideal living experience.

9640 Balfour Road, Detroit
3506 Haverhill Street, Detroit
$46,500
2 Baths ⋅ 20261090178 MLS ⋅ ACTIVE Status
Investment-opportunity: property is sold as is and only accepting cash offers. *****PLEASE BE AWARE SQUATTERS OCCUPY PROPERTY AND THERE IS NO WAY TO GAIN ACCESS AT THIS TIME. SELLER IS WORKING ON REMOVING THEM BUT WOULD PREFER FOR BUYER TO HANDLE*******Looking for your next project? This 2-family flat on Detroit’s East Side is priced to move and ready for your vision. This upper/lower configuration provides two distinct units with solid bones and classic layouts.Lower Unit: 2 Bedrooms, 1 Bath, Living Room, Formal Dining Room, Kitchen.Upper Unit: 2 Bedroom, 1 Bath, Living Room, Formal Dining Room, Kitchen.This property is being sold AS-IS, making it the perfect canvas for a full renovation. EMD to be held by listing broker & be certified/cashier's funds. Proof of funds required with all offers. Owner has other rentals/properties to sell and this can be bought individually or as a package deal. The other address 6184 Guilford, 8810 Farmbrook, 3491 Haverhill, 5919-17 Yorkshire, 5081-83 Somerset, 18603-186011 Moross, 3506-08 Haverhill, and 12216 Morang 7 unit in Detroit. All information deemed reliable but not guaranteed. Buyers or buyer's agent to verify all information.

3506 Haverhill Street, Detroit
12216 Morang Drive, Detroit
$157,500
7 Baths ⋅ 20261090172 MLS ⋅ ACTIVE Status
Investment-opportunity: property is sold as is and only accepting cash offers. Investment-ready opportunity: a 7 unit 1 bed 1 bath in each unit -5-7 currently rented out at $650 a month. Property is located close to Ascension Hospital, shopping, and a major expressway for an easy commute, this property sits in a convenient, in-demand area that appeals to renters. *****Please do not disturb the tenants. Showings will not be allowed until an offer is accepted, with no exceptions.***** EMD to be held by listing broker & be certified/cashier's funds. Proof of funds required with all offers. Owner has other rentals/properties to sell and this can be bought individually or as a package deal. The other address 5919-17 Yorkshire, 3506-08 Haverhill, in Detroit. All information deemed reliable but not guaranteed. Buyers or buyer's agent to verify all information.

12216 Morang Drive, Detroit
3506 Haverhill Street, Detroit
$46,500
4 Beds ⋅ 2 Baths ⋅ 20261090161 MLS ⋅ ACTIVE Status
Investment-opportunity: property is sold as is and only accepting cash offers. *****PLEASE BE AWARE SQUATTERS OCCUPY PROPERTY AND THERE IS NO WAY TO GAIN ACCESS AT THIS TIME. SELLER IS WORKING ON REMOVING THEM BUT WOULD PREFER FOR BUYER TO HANDLE*******Looking for your next project? This 2-family flat on Detroit’s East Side is priced to move and ready for your vision. This upper/lower configuration provides two distinct units with solid bones and classic layouts.Lower Unit: 2 Bedrooms, 1 Bath, Living Room, Formal Dining Room, Kitchen.Upper Unit: 2 Bedroom, 1 Bath, Living Room, Formal Dining Room, Kitchen.This property is being sold AS-IS, making it the perfect canvas for a full renovation. EMD to be held by listing broker & be certified/cashier's funds. Proof of funds required with all offers. Owner has other rentals/properties to sell and this can be bought individually or as a package deal. The other address 5919-17 Yorkshire and 12216 Morang 7 unit in Detroit. All information deemed reliable but not guaranteed. Buyers or buyer's agent to verify all information.

3506 Haverhill Street, Detroit
5919 Yorkshire Road, Detroit
$38,900
2 Baths ⋅ 20261090160 MLS ⋅ ACTIVE Status
Investment-opportunity: property is sold as is and only accepting cash offers. Looking for your next project? This 2-family flat on Detroit’s East Side is priced to move and ready for your vision. This upper/lower configuration provides two distinct units with solid bones and classic layouts.Lower Unit: 2 Bedrooms, 1 Bath, Living Room, Formal Dining Room, Kitchen.Upper Unit: 2 Bedroom, 1 Bath, Living Room, Formal Dining Room, Kitchen.This property is being sold AS-IS, making it the perfect canvas for a full renovation. EMD to be held by listing broker & be certified/cashier's funds. Proof of funds required with all offers. Owner has other rentals/properties to sell and this can be bought individually or as a package deal. The other address 3506-08 Haverhill, and 12216 Morang (7 unit) in Detroit. All information deemed reliable but not guaranteed. Buyers or buyer's agent to verify all information.

5919 Yorkshire Road, Detroit
10750 E Outer Drive, Detroit
$89,900
3 Beds ⋅ 2 Baths ⋅ 20261089908 MLS ⋅ ACTIVE Status
Classic character, generous rooms, and an opportunity to make it your own on prestigious Outer Drive! This brick colonial offers three spacious bedrooms, 1 & 1/2 baths, and separate living and dining rooms with space for everyday living and entertaining. A natural fireplace anchors the living room, while Wallside windows complement the home’s traditional appeal. A full basement, two-car garage, and fully fenced yard round out the package. Bring your ideas and some elbow grease to refresh the spaces and let the character shine. Whether you’re looking for a home to personalize or your next investment property, this colonial deserves a look. Convenient to downtown Detroit, the Pointes, shopping, dining, nightlife, and major thoroughfares. Sold as-is. Certain conditions apply, please ask your agent or contact listing agent for offer details.

10750 E Outer Drive, Detroit
5291 Somerset Avenue, Detroit
$185,000
4 Beds ⋅ 2 Baths ⋅ 20261089912 MLS ⋅ ACTIVE Status
If space is what you’re looking for, look no further! Welcome home to this beautifully renovated 4-bedroom, 2-full-bath home, perfectly situated on a beautiful block on Detroit’s East Side! Boasting over 1,800 square feet of above-ground living space, this stunning property offers the perfect combination of modern updates, comfort, and room to grow!Step inside and discover a thoughtfully updated interior featuring luxury vinyl flooring, stylish custom light fixtures, modern finishes, and brand-new carpeting in the bedrooms. The beautifully remodeled kitchen is sure to impress, showcasing gorgeous quartz countertops, new cabinetry, a custom backsplash, and sleek marble tile flooring.What truly sets this home apart is its generous and versatile layout! In addition to four spacious bedrooms, you’ll enjoy a separate sitting room and loft area on the second floor, offering endless possibilities for a home office, entertainment space, reading retreat, or additional lounge area.The spacious primary bedroom features a walk-in closet and its very own private porch, creating the perfect retreat to unwind and enjoy a little fresh air.Need even more space? The large unfinished basement offers plenty of room for storage and endless possibilities for future customization. Outside, you’ll find TWO newly constructed rear porches and a fenced-in backyard, perfect for outdoor entertaining, relaxing, or enjoying your own private outdoor space.BEAUTIFULLY UPDATED, INCREDIBLY SPACIOUS, AND MOVE-IN READY! This East Side Detroit gem offers the space you’ve been searching for with the modern finishes you’ll love. Schedule your private showing today and experience everything this exceptional home has to offer! (Furnace and HWT to be installed prior to closing)

5291 Somerset Avenue, Detroit
5415 Hereford Street, Detroit
$70,000
3 Beds ⋅ 1 Baths ⋅ 20261089501 MLS ⋅ ACTIVE Status
Prime Investment Opportunity in 48224! Positioned just minutes from Henry Ford St. John Hospital and conveniently close to all essential local amenities, this property sits in a high-demand rental market offering exceptional ROI potential. With just a bit of TLC, this incredible turn-key cash flow property can be yours! Schedule your showing today!

5415 Hereford Street, Detroit
5290 Haverhill Street, Detroit
$125,000
3 Beds ⋅ 2 Baths ⋅ 20261089633 MLS ⋅ ACTIVE Status
This home qualifies for 0% down and no PMI with our preferred lender, Flagstar Bank! Reach out for more information.Welcome to this charming brick home, where comfort, style, and everyday convenience come together beautifully. Step inside to a warm and inviting foyer, setting the tone for the thoughtful layout throughout. The modern kitchen serves as the heart of the home, offering an ideal space for cooking, gathering, and creating memories. Generously sized bedrooms and well-appointed bathrooms provide plenty of room to unwind. Outside, a roomy backyard offers endless possibilities for entertaining, play, or peaceful relaxation. A 2-car garage adds practicality, while the quiet yet vibrant neighborhood—known for its friendly neighbors—makes this an exceptional place to settle in and call home.

5290 Haverhill Street, Detroit
12206 Wayburn Street, Detroit
$75,000
3 Beds ⋅ 1 Baths ⋅ 20261084169 MLS ⋅ ACTIVE Status
Welcome to 12206 Wayburn St, a charming house located on the east side of Detroit. This property boasts 3 bedrooms and 1 bathroom, with a total living space of 1,118 sq ft. The large backyard provides ample space for outdoor enjoyment and activities, making it a perfect spot for gatherings or personal retreats.The unfinished basement offers exciting possibilities for future customization, while the third bedroom occupies the entire attic, creating a unique living space that can be tailored to your needs. Explore the potential of this property today.

12206 Wayburn Street, Detroit
3563 Nottingham Road, Detroit
$165,000
2 Baths ⋅ 20261089037 MLS ⋅ ACTIVE Status
Fantastic investment opportunity or house-hacking potential! Incredible brick duplex located right on the desirable Grosse Pointe border, just north of Mack Ave and west of Nottingham Rd. This spacious multi-family property features two independent units, each offering an expansive layout with a huge living room, formal dining room, 3 bedrooms, and generous closet space throughout. Highlights include fresh interior paint and brand-new carpeting. Kitchen and bathrooms with ceramic flooring, both bathrooms feature ceramic walls in the shower. Each unit is individually metered with its own electrical panel, furnace, and water heater, making utility management seamless. Turnkey, move-in ready, and perfectly located near shopping and dining ready to generate immediate rental income or serve as a primary residence! Projected income in the area can be $1,300 per 3 beds units, buyers are encouraged to do their own due diligence regarding income projections. Schedule your showing today! Both units are vacant and easy to show.

3563 Nottingham Road, Detroit
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