Homes for sale under $500k in Detroit, MI

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ABOUT THIS HOME
Homes for sale under $500k in Detroit, MI
Your opportunity to own a rare piece of Detroit history! This stunning 2-bedroom, 2-full bath loft-style condo is located just steps from the scenic Detroit Riverwalk and several neighborhood bars and restaurants. Originally built in 1906 for Parke Davis Pharmaceutical, this historic building was converted into residential lofts in 2001. This beautiful loft showcases 14-foot ceilings, exposed brick walls, large wood beams, and floor-to-ceiling windows. The open-concept kitchen features stainless steel appliances and generous counter space—perfect for cooking and entertaining. Both bathrooms have been beautifully renovated, and each bedroom includes extra overhead storage. A separate i

$315,000

2 beds2 baths1,397 sq ft

200 River Place Dr #11, Detroit, MI 48207

Exposed brick walls • 14 foot ceilings • Open concept kitchen

ABOUT THIS HOME
Homes for sale under $500k in Detroit, MI
Welcome to 599 Alger, a beautifully renovated 4-bedroom, 3.5-bath home offering nearly 1,700 sq. ft. of contemporary style and comfort. The main floor features an open-concept layout with large windows that flood the space with natural light. The designer kitchen stands out with sleek two-tone cabinetry, stainless steel appliances, farmhouse sink, and subway tile backsplash — a perfect space for cooking and entertaining. The first floor also includes a versatile bonus room ideal for an office, workout space, or lounge, plus a convenient half bath. Upstairs, the primary suite offers a private retreat, while the third-floor guest/in-law suite provides flexibility for extended family or

$315,000

4 beds3.5 baths1,711 sq ft

599 Alger St, Detroit, MI 48202

3,485 sq ft lot • Built 1910 • Listed 64 days

ABOUT THIS HOME
Homes for sale under $500k in Detroit, MI
Urban sophistication meets unbeatable location in this stylish Brush Park condo! Nestled in one of Detroit's most sought-after neighborhoods, this modern unit puts you just steps from the best the city has to offer. The interior boasts an open-concept layout with exposed brick accent walls, rustic pillars, and a sleek kitchen complete with stainless steel appliances. The bedroom offers a cozy retreat with generous closet space, while added conveniences like an in-unit washer/dryer, personal garage, gated parking, and secure keyless entry enhance everyday living. And let’s not forget—the view of the Detroit skyline is simply stunning. Enjoy easy access to local favorites like Sec

$315,000

1 bed1 bath1,121 sq ft

78 Watson St #13, Detroit, MI 48201

$400 HOA • Garage • Built 1912

READY TO BUILD

$314,900

2 beds2 baths1,214 sq ft

Great Lakes Tower- Michigan Floorplan Plan, Detroit, MI 48207

$680 HOA • Listed 776 days

Listing provided by Zillow

ABOUT THIS HOME
Homes for sale under $500k in Detroit, MI
Put your home to work - either as a smart house hack, or high-yield investment. Live in Detroit history while your home pays the bills. This beautifully renovated duplex, with included side lot, sits in the Lawrence Park neighborhood, just outside the iconic Boston-Edison District, placing you minutes from Wayne State University, Henry Ford Hospital and New Center. Quick access to the Lodge also makes trips Downtown or the nearby suburbs a breeze. Thoughtfully restored in 2018, the home blends timeless character with modern comfort so you can move right in and start enjoying it — or make it fully rented for passive income. Inside you’ll find: Completely updated systems – n

$314,900

4 beds2 baths2,058 sq ft

1202 Lawrence St St, Detroit, MI 48202

Updated systems • Renovated duplex • Included side lot

Property at 2509 Gladstone St, Detroit, MI 48206, 3 beds, 2 baths

$311,900

3 beds2 baths3,008 sq ft

2509 Gladstone St, Detroit, MI 48206

Property at 1 Park Ave #1504, Detroit, MI 48226, 1 bed, 1 bath

$310,550

1 bed1 bath638 sq ft

1 Park Ave #1504, Detroit, MI 48226

Property at 355 Rosedale Ct, Detroit, MI 48202, 5 beds, 2 baths

$310,000

5 beds2 baths2,292 sq ft

355 Rosedale Ct, Detroit, MI 48202

Property at 1001 W Jefferson #11e Ave, Detroit, MI 48226, 2 beds, 2 baths

$309,000

2 beds2 baths1,019 sq ft

1001 W Jefferson #11e Ave, Detroit, MI 48226

Property at 2552 N LA Salle Gardens Gdns, Detroit, MI 48206, 4 beds, 2.5 baths

$305,000

4 beds2.5 baths1,700 sq ft

2552 N LA Salle Gardens Gdns, Detroit, MI 48206

Property at 1001 W Jefferson Ave Unit 300-3A, Detroit, MI 48226, 2 beds, 2 baths

$304,995

2 beds2 baths1,129 sq ft

1001 W Jefferson Ave Unit 300-3A, Detroit, MI 48226

Property at 8900 E Jefferson Ave Unit 1012 - 1013, Detroit, MI 48214, 2 beds, 2 baths

$300,000

2 beds2 baths1,575 sq ft

8900 E Jefferson Ave Unit 1012 - 1013, Detroit, MI 48214

Property at 17332 Stoepel St, Detroit, MI 48221, 7 beds, 3 baths

$300,000

7 beds3 baths3,700 sq ft

17332 Stoepel St, Detroit, MI 48221

Property at 11391 Belleterre Ave, Detroit, MI 48204, 8 beds, 4 baths

$300,000

8 beds4 baths— sq ft

11391 Belleterre Ave, Detroit, MI 48204

Property at 11809 Conant St, Hamtramck, MI 48212, 2 beds, 1 bath

$300,000

2 beds1 bath1,336 sq ft

11809 Conant St, Hamtramck, MI 48212

Property at 1337 Wayburn St, Grosse Pointe, MI 48230, 3 beds, 1.5 baths

$300,000

3 beds1.5 baths1,384 sq ft

1337 Wayburn St, Grosse Pointe, MI 48230

Property at 2214 Florian St, Hamtramck, MI 48212, 4 beds, 2 baths

$300,000

4 beds2 baths1,792 sq ft

2214 Florian St, Hamtramck, MI 48212

Property at 231 Chandler St, Detroit, MI 48202, 3 beds, 2 baths

$300,000

3 beds2 baths1,749 sq ft

231 Chandler St, Detroit, MI 48202

Property at 1933 11th Unit 1, Detroit, MI 48216, 3 beds, 1 bath

$300,000

3 beds1 bath1,200 sq ft

1933 11th Unit 1, Detroit, MI 48216

(313) 658-6400

Property at 2685 Oakman Blvd, Detroit, MI 48238, 5 beds, 3.5 baths

$300,000

5 beds3.5 baths2,989 sq ft

2685 Oakman Blvd, Detroit, MI 48238

Property at 19277 Raymond St, Grosse Pointe Woods, MI 48236, 3 beds, 1.5 baths

$300,000

3 beds1.5 baths2,107 sq ft

19277 Raymond St, Grosse Pointe Woods, MI 48236

Property at 2532 Canton St, Detroit, MI 48207, 4 beds, 3 baths

$300,000

4 beds3 baths1,850 sq ft

2532 Canton St, Detroit, MI 48207

Property at 1933 11th St, Detroit, MI 48216, 3 beds, 1 bath

$300,000

3 beds1 bath1,200 sq ft

1933 11th St, Detroit, MI 48216

Property at 605 Calvert St, Detroit, MI 48202, 5 beds, 1 bath

$299,999

5 beds1 bath2,518 sq ft

605 Calvert St, Detroit, MI 48202

Property at 18414 Muirland St, Detroit, MI 48221, 5 beds, 3.5 baths

$299,999

5 beds3.5 baths3,000 sq ft

18414 Muirland St, Detroit, MI 48221

Property at 200 River Place Dr #33, Detroit, MI 48207, 1 bed, 1 bath

$299,900

1 bed1 bath1,072 sq ft

200 River Place Dr #33, Detroit, MI 48207

Property at 3273 Cortland St, Detroit, MI 48206, 6 beds, 2 baths

$299,900

6 beds2 baths3,375 sq ft

3273 Cortland St, Detroit, MI 48206

Property at 66 Winder St, Detroit, MI 48201, 1 bed, 1 bath

$299,900

1 bed1 bath1,000 sq ft

66 Winder St, Detroit, MI 48201

Property at 5075 Harvard Rd, Detroit, MI 48224, 3 beds, 2 baths

$299,900

3 beds2 baths1,825 sq ft

5075 Harvard Rd, Detroit, MI 48224

Property at 1564 Cadillac Blvd, Detroit, MI 48214, 5 beds, 3 baths

$299,900

5 beds3 baths5,500 sq ft

1564 Cadillac Blvd, Detroit, MI 48214

Property at 5766 Parker St, Detroit, MI 48213, 4 beds, 1.5 baths

$299,900

4 beds1.5 baths2,050 sq ft

5766 Parker St, Detroit, MI 48213

Property at 4314 Trumbull St, Detroit, MI 48208, 4 beds, 3 baths

$299,900

4 beds3 baths2,812 sq ft

4314 Trumbull St, Detroit, MI 48208

Property at 2015 Gladstone St, Detroit, MI 48206, 6 beds, 2 baths

$299,000

6 beds2 baths3,240 sq ft

2015 Gladstone St, Detroit, MI 48206

Property at 15 E Kirby St #1125, Detroit, MI 48202, 2 beds, 2 baths

$299,000

2 beds2 baths1,005 sq ft

15 E Kirby St #1125, Detroit, MI 48202

Property at 16624 Parkside St, Detroit, MI 48221, 4 beds, 2.5 baths

$299,000

4 beds2.5 baths3,150 sq ft

16624 Parkside St, Detroit, MI 48221

Property at 3240 Lawrence St, Detroit, MI 48206, 3 beds, 2.5 baths

$299,000

3 beds2.5 baths2,200 sq ft

3240 Lawrence St, Detroit, MI 48206

Property at 1300 E Lafayette St #2407, Detroit, MI 48207, 3 beds, 2 baths

$299,000

3 beds2 baths1,664 sq ft

1300 E Lafayette St #2407, Detroit, MI 48207

Property at 17153 Northlawn St, Detroit, MI 48221, 6 beds, 2 baths

$298,999

6 beds2 baths2,400 sq ft

17153 Northlawn St, Detroit, MI 48221

Property at 6196 Rosa Parks Blvd, Detroit, MI 48208, 4 beds, 2.5 baths

$298,900

4 beds2.5 baths2,514 sq ft

6196 Rosa Parks Blvd, Detroit, MI 48208

Property at 3508 Parker St, Detroit, MI 48214, 3 beds, 2.5 baths

$296,000

3 beds2.5 baths1,400 sq ft

3508 Parker St, Detroit, MI 48214

Property at 19909 Hartwell St, Detroit, MI 48235, 3 beds, 3.5 baths

$295,900

3 beds3.5 baths2,644 sq ft

19909 Hartwell St, Detroit, MI 48235

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Homes for sale under $500k in Detroit

There are currently 3243 homes for sale under $500k in Detroit. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Detroit stay on the market for 77 days and receive 2 offers. Popular neighborhoods include University District, Downtown Detroit, Indian Village, Corktown, and Midtown. This map is refreshed with the newest listings in Detroit every 15 minutes.

In the past month, 392 homes have been sold in Detroit. In addition to houses in Detroit, there were also 300 condos, 3 townhouses, and 267 multi-family units for sale in Detroit last month. Detroit is a moderately walkable city in Wayne County with a Walk Score of 51. Detroit is home to approximately 713,110 people and 243,495 jobs. Find your dream home in Detroit using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Detroit are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Detroit. Our Detroit real estate stats and trends will give you more information about home buying and selling trends in Detroit. If you're looking to sell your home in the Detroit area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Detroit with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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Homes for sale under $500k in Detroit, MI

Homes for sale under $500k in Detroit

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