48235 Homes under $500,000

48235 Homes under $500,000

Welcome to the vibrant 48235 zip code in Detroit, Michigan! Nestled in Wayne County, this charming area is not only rich in history but also offers a diverse array of homes that cater to various lifestyles and budgets, including a fantastic selection of properties under $500,000.

The 48235 zip code is known for its friendly neighborhoods, where community spirit thrives. You’ll find tree-lined streets dotted with beautifully maintained homes, many of which boast unique architectural features that reflect Detroit’s storied past. From classic bungalows to contemporary designs, there’s something for everyone in this dynamic locale.

For those looking to invest in a home without breaking the bank, the 48235 area is a treasure trove of opportunities. Homes priced under $500,000 often come with spacious yards, modern amenities, and easy access to local parks and recreational areas. Families will appreciate the proximity to quality schools, making it an ideal spot for raising children.

In addition to its appealing residences, the 48235 zip code is conveniently located near major highways, ensuring easy commutes to downtown Detroit and beyond. Plus, with an eclectic mix of local shops, restaurants, and entertainment options, residents can enjoy the best of urban living while retreating to the comfort of their homes.

Whether you’re a first-time homebuyer or looking to downsize, the 48235 zip code offers a welcoming community and a wealth of real estate options that make it a fantastic place to call home. Explore the possibilities today and discover your dream home in this thriving Detroit neighborhood!

Newest 48235 Homes under $500,000

18697 Schaefer Highway E, Detroit
$74,999
2 Beds ⋅ 1 Baths ⋅ 20261080063 MLS ⋅ ACTIVE Status
LOOKING FOR A DUPLEX IN DETROIT THAT IS READY TO MOVE IN? That is it!! Detroit’s strong rental market makes this property an attractive option for a local or remote investor seeking a steady stream of rental income with a reliable long-term tenant paying $1,200 monthly or for a first-time buyer. This One unit of a duplex has 2 bedrooms & 1bath, living & dining room w/ wooden flooring & recessed light fixtures. Bathroom is renovated W/ new vanities, toilets. All the big projects & hard work have already been done, giving you peace of mind for years to come. Clean & dry partially unfinished basement has plenty of space to add an entertainment area/second living room..New upgrades include: PEX plumbing, electrical, paint throughout, vinyl windows, & new roof. Located in a highly desirable area; near the Lodge Freeway, Southfield Freeway, and I-96.Minutes away from Downtown & Midtown Detroit (Riverwalk, Heart Plaza, casinos), Royal Oak, Ferndale, Plum Hollow Country Club, Detroit Golf Club, and Ralph C. Wilson, Jr. Centennial Park. providing easy access to numerous grocery stores & restaurants. Schedule your private showing today. No Seller Financing.

18697 Schaefer Highway E, Detroit
17312 Saint Marys Street, Detroit
$59,500
3 Beds ⋅ 2 Baths ⋅ 20261080030 MLS ⋅ ACTIVE Status
OPPORTUNITY KNOCKS! Welcome to 17312 Saint Marys Street, a 3-bedroom, 2-bath ranch-style home offering a great opportunity for buyers looking for space and potential. Features include hardwood flooring, ceiling fans, a kitchen with granite countertops, eat-in area and bar seating, plus a partially finished basement with an additional bathroom and standing shower. The property also includes a jetted tub, fenced yard, patio, and detached 2-car garage. Conveniently located in Detroit with plenty of possibilities. Bank-owned property being sold AS-IS. Buyer/Buyer’s Agent to verify all information and perform their own due diligence. Schedule your showing today!

17312 Saint Marys Street, Detroit
19429 FORRER Street, Detroit
$105,900
2 Beds ⋅ 1 Baths ⋅ 20261079769 MLS ⋅ ACTIVE Status
Updated 2 bedroom home with now kitchen, fresh paint, new carpet, Updated bathroom. Listing is related to seller.

19429 FORRER Street, Detroit
17134 Pembroke Avenue, Detroit
$34,900
3 Beds ⋅ 1 Baths ⋅ 20261079721 MLS ⋅ ACTIVE Status
Amazing opportunity on this Detroit bungalow featuring 3 bedrooms and a detached garage. The possibilities are endless!! Over 1000 square feet. Spacious backyard. Sold as is. Buyer and agent to verify all information.

17134 Pembroke Avenue, Detroit
20257 Stoepel 20257 Stoepel Street, Detroit
$110,000
2 Beds ⋅ 1 Baths ⋅ 20261079622 MLS ⋅ ACTIVE Status
Turnkey and ready to welcome you home! Nestled in Detroit’s desirable Avenue of Fashion district, this charming bungalow blends classic character with modern comfort. The home features spacious, light-filled living areas, inviting rooms ideal for relaxing or entertaining, new exterior doors, and beautiful hardwood flooring in the living room. Conveniently located near the Lodge Freeway, shopping, dining, and schools. The seller is offering a home warranty with an acceptable offer and terms. Don’t miss this opportunity—schedule your private tour today!

20257 Stoepel 20257 Stoepel Street, Detroit
16500 Asbury Park, Detroit
$49,900
3 Beds ⋅ 1 Baths ⋅ 20261079570 MLS ⋅ ACTIVE Status
*** Calling all investors that is seeking a Buy and hold opportunity, this is perfect for your BRRR Strategy , Renovate this the way that you desire , to get today's market rent for your gains ! This home is conveniently located by major freeways and minutes from downtown detroit .The current long term tenant is not in a lease $500 per month *** See agent only remarks for additional information BATVAI

16500 Asbury Park, Detroit
18636 Mark Twain Street, Detroit
$159,500
3 Beds ⋅ 2 Baths ⋅ 20261079299 MLS ⋅ ACTIVE Status
Welcome home to this beautifully updated bungalow in a desirable Detroit neighborhood! This move-in-ready home features 3 bedrooms, 1.1 bathrooms, and a warm, inviting living room with a cozy fireplace. The updated kitchen is designed to impress with modern finishes and a convenient pot filler, making meal preparation a breeze. Fresh carpet in the bedrooms adds comfort, while thoughtful updates throughout provide a fresh, modern feel. The home is ready for its next owner to add their personal style and finishing touches to truly make it their own. Conveniently located near major freeways, shopping, dining, and everyday amenities, this charming bungalow offers the perfect blend of comfort, convenience, and opportunity. Don't miss your chance to make this house your home!

18636 Mark Twain Street, Detroit
16655 Stansbury Street, Detroit
$189,000
3 Beds ⋅ 2 Baths ⋅ 20261079331 MLS ⋅ ACTIVE Status
ABSOLUTELY STUNNING UPDATED BUNGALOW FROM TOP TO BOTTOM. NEW KITCHEN WITH OPEN CONCEPT WITH BREAKFAST COUNTER. NEW COUNTERTOPS, NEW RECCESSED LIGHTING AND BREAKFAST BAR. BRAND NEW ROOF**NEW WINDOWS**PROFESSIONALLY REFIINSIHED NATURAL HARDWOOD FLOORS**NEW CUSTOM BATH DOWNSTAIRS WITH ALL NEW FIXTURES. NEW CUSTOM MASTER BATH UPSTAIRS. NEW GUTTERS**NEW CARPET**BEAUTIFULLY TILED FIREPLACE. THIS IS A MUST SEE! WON'T LAST! AGENT MUST BE PRESENT AT ALL SHOWINGS. AGENT HAS INTEREST IN PROPERTY.

16655 Stansbury Street, Detroit
19742 Whitcomb Street, Detroit
$154,900
3 Beds ⋅ 2 Baths ⋅ 20261079267 MLS ⋅ ACTIVE Status
Nicely updated brick bungalow. This home features hardwood floors, fresh paint throughout, new carpet, a fully drywalled basement with a large full bath. Bungalow has walk in closet along with a double door closet. Plenty of storage areas. Generous size yard perfect for entertaining. Move right in or add your personal touches to make it your own. Being sold as-is. Schedule your private showing today!

19742 Whitcomb Street, Detroit
19313 Winthrop Street, Detroit
$125,000
3 Beds ⋅ 2 Baths ⋅ 20261078385 MLS ⋅ ACTIVE Status
Welcome home to this inviting 3 bedroom, 1.5 bath brick Bungalow offering a comfortable layout and plenty of space to enjoy. The interior features beautiful oak hardwood floors, a refreshed kitchen, and a spacious basement providing additional room for storage, recreation, or a home workspace. The kitchen will have appliances installed prior to closing and included with the sale, making it even easier to settle in and make the home your own. Located in a convenient Detroit neighborhood close to shopping, dining, parks, and major roadways, this home is ready for its next owner. Schedule your showing today!

19313 Winthrop Street, Detroit
20060 Saint Marys Street, Detroit
$175,000
3 Beds ⋅ 2 Baths ⋅ 20261078732 MLS ⋅ ACTIVE Status
3 bedroom brick one story home with finished basement, four seasons room, 2 car garage, large living room and more.

20060 Saint Marys Street, Detroit
16220 Lesure Street, Detroit
$164,900
3 Beds ⋅ 3 Baths ⋅ 20261078614 MLS ⋅ ACTIVE Status
Nothing to do here but pack your bags and move right in! This classic 3-bedroom, 2.5-bath brick bungalow located in the Harmony Village neighborhood has been thoughtfully remodeled from top to bottom while retaining its original charm and character. The first floor is filled with natural light and features new luxury vinyl flooring throughout, a fully equipped kitchen with all appliances included, brand-new carpeting in both bedrooms, and a beautifully updated full bathroom. Upstairs, you'll find a spacious bonus room, a third bedroom, and a convenient half bath—offering plenty of flexibility for a home office, guest space, or additional living area. The partially finished basement provides even more usable space, perfect for a recreation room, home gym or additional living area, along with another full bath. Outside, the fully covered front porch provides the perfect spot to relax and enjoy the neighborhood. The mostly fenced backyard features some newer privacy fencing and a functional one-car garage. Additional updates include a new roof and gutters (2025), central A/C, and mostly newer windows throughout. Offering the perfect combination of modern updates and timeless bungalow character, this move-in-ready home is one you won't want to miss!

16220 Lesure Street, Detroit
Start Your Search