N/A Homes under $500,000

N/A Homes under $500,000

Welcome to your dream neighborhood, where affordability meets charm! Nestled in a vibrant community, our selection of homes under $500,000 offers the perfect opportunity for first-time buyers, growing families, or anyone looking to invest in a welcoming environment.

This area is more than just a place to live; it’s a lifestyle. With tree-lined streets and friendly neighbors, you’ll feel right at home from day one. Enjoy the convenience of nearby amenities, including parks, shopping centers, and excellent schools, all within a stone's throw from your doorstep.

Explore a variety of homes that cater to diverse tastes and needs. Whether you prefer a cozy bungalow, a spacious townhome, or a charming single-family residence, our listings under $500,000 provide an array of options that combine comfort with modern living. Many of these homes feature updated kitchens, inviting outdoor spaces, and energy-efficient amenities, ensuring you get the best value for your investment.

Imagine weekend strolls through the local parks, community events that bring neighbors together, and the peace of mind that comes from knowing you’re part of a thriving community.

Don’t miss out on the chance to own a piece of this delightful neighborhood. With homes priced under $500,000, your dream of homeownership is within reach. Let us help you find the perfect place to call home in this inviting community! Contact us today to schedule a viewing and take the first step towards your new beginning.

Newest N/A Homes under $500,000

2318 S 1st Avenue, Lanett
$132,500
3 Beds ⋅ 1 Baths ⋅ E105112 MLS
Functionality meets affordability at 2318 S 1st Ave, Lanett, AL! This charming 3BR/1BA cottage-style home is ideal for first-time buyers or those looking to downsize. Over the past two years, the home has seen numerous updates, including a new HVAC system, siding, LVP flooring, and fresh paint inside and out. The updated kitchen boasts ample cabinet space, a farmhouse sink, and comes with appliances. Bedrooms are comfortably sized with hardwood and/or LVP flooring. The bathroom features a tub/shower combo, LVP flooring, and a newer vanity. Relax on the covered back porch and enjoy the fenced yard and concrete driveway with side door entry. Conveniently located just seconds from I-85! Call today to book your tour.

2318 S 1st Avenue, Lanett
2113 9th Avenue, Phenix City
$79,000
5 Beds ⋅ 4 Baths ⋅ E104998 MLS
Bring your vision to this spacious brick home ready for a total rehabilitation. Offering over 3,400 square feet of living space, the property has plans for 3–4 bedrooms on the main floor and a complete apartment layout on the lower level. This is a full renovation project that needs everything—an opportunity to reimagine the space from top to bottom. Ideal for buyers or investors prepared to take on an extensive rehab.

2113 9th Avenue, Phenix City
1004 20th St, Phenix City
$79,900
5 Beds ⋅ 3 Baths ⋅ E104915 MLS
Two homes situated on one parcel offer a unique opportunity for an investor or renovator looking to expand a rental portfolio. Both properties require full renovation and are being sold as-is. The all-brick home at 1004 20th Street offers approximately 1,617 square feet with three spacious bedrooms, two bathrooms—including one with accessible features—an eat-in kitchen, family room, hardwood flooring throughout much of the home, and a large covered front porch. The wood-sided home at 1006 20th Street offers approximately 915 square feet with two bedrooms, one bathroom, a family room, hardwood flooring in much of the home, updated flooring in two rooms, and another spacious covered front porch. Renovate both homes and create two potential rental properties in one convenient location. Buyer should verify square footage, zoning, utilities, property condition, and permitted use. Call today for additional information or to schedule a showing.

1004 20th St, Phenix City
49 Registry Way, Fort Mitchell
$399,000
5 Beds ⋅ 4 Baths ⋅ E104872 MLS
Welcome to this spacious 4,300 sq ft, two-story home offering plenty of room to live, work, and entertain! Featuring 5 bedrooms and 4 full bathrooms, this thoughtfully designed floor plan includes a bedroom and full bathroom on the main level, perfect for guests or multigenerational living. The owners suite features a fireplace and massive walk in closet! Enjoy the elegance of a formal living room and dining room, along with a bright and inviting sunroom and a versatile bonus room. Outside, the home sits on a level, cleared half-acre lot with plenty of space for outdoor activities and entertaining. An attached 2 car and detached one-car garage provides additional parking and storage. With three sides brick and a convenient location close to the military base, this home offers space, functionality, and convenience all in one. Don’t miss the opportunity to make this impressive property your new home!

49 Registry Way, Fort Mitchell
270 Summerville Road, Smiths Station
$284,900
4 Beds ⋅ 3 Baths ⋅ E104816 MLS
Welcome to 270 Summerville Road in Smiths Station, AL! This spacious 4-bedroom, 3-bath brick home offers a flexible layout with multiple living spaces and plenty of room to spread out. Inside, the main kitchen features white cabinetry, abundant counter space, a large island with cooktop, tile backsplash, and built-in appliances. Two fireplaces add warmth and character throughout the home, including a striking brick fireplace wall that creates a standout focal point. One of the home’s most unique features is the second kitchen area, offering added flexibility for entertaining, guests, extended living arrangements, or creating a separate living space. A dedicated laundry room provides additional cabinetry and storage for everyday convenience. Outside, a large covered patio overlooks the fenced backyard, creating plenty of space for outdoor dining, gatherings, or relaxing in the shade. The expansive paved area provides additional room for parking and recreation, while mature trees add to the established feel of the property. With 4 bedrooms, 3 full baths, two fireplaces, two kitchen areas, multiple living spaces, and generous indoor and outdoor entertaining areas, 270 Summerville Road offers a versatile floor plan with plenty of potential in the heart of Smiths Station.

270 Summerville Road, Smiths Station
102 Cumberland Place, Phenix City
$179,900
3 Beds ⋅ 2 Baths ⋅ E104801 MLS
Perfect starter home, 102 Cumberland Place, Phenix City, AL 36870! 3 Bed | 2 Bath | 1,200 sq. ft. Spacious 0.35-acre lot. Eat-in kitchen + bright living area. Quick access to Columbus & Fort Moore! Close to schools, shopping & dining. Seller offering up to $5,000 in concessions with acceptable offer!

102 Cumberland Place, Phenix City
1604 Auburn Rd, Phenix City
$125,000
2 Beds ⋅ 1 Baths ⋅ E104813 MLS
Income-producing property located along Auburn Road with current rental income of $850 per month. The property is being offered at $125,000 and provides an opportunity for an investor seeking current income with potential long-term upside tied to the Auburn Road location. Based on seller-provided income and expense assumptions, the projected cap rate is approximately 6.0% at the current asking price. Recent improvements include five replacement windows installed in 2026. The property is currently used as a residential rental but offers additional long-term potential due to its location along a heavily traveled commercial corridor. This property may appeal to investors seeking rental income today while considering future owner-user or commercial possibilities. Buyer should independently verify zoning, permitted uses, measurements, and any intended future use with the City of Phenix City. Seller also owns additional residential investment properties that are being marketed separately as a three-property package. Contact listing agent for lease information, rent roll, and additional portfolio details.

1604 Auburn Rd, Phenix City
1822 6th Ct, Phenix City
$99,500
3 Beds ⋅ 1 Baths ⋅ E104806 MLS
Income-producing investment property currently rented for $995 per month. At the individual allocated price of $99,500, the property reflects an estimated 9.1% cap rate based on current rent and seller-provided operating expense assumptions. Recent improvements include replacement ductwork completed in January 2025 and kitchen cabinets replaced in February 2025. This property is not currently available for individual purchase and must be purchased as part of a three-property investment package with 1005 11th Street and 1015 11th Avenue. The combined package is offered at $288,500, produces $2,985 per month in current rental income, and reflects an estimated package cap rate of approximately 9.5% based on seller-provided income and expense information. The package offers an investor three occupied income-producing properties with established rental history and documented improvements. Contact listing agent for rent roll, lease information, operating expenses, and complete package details.

1822 6th Ct, Phenix City
1005 11th St, Phenix City
$79,500
1 Beds ⋅ 1 Baths ⋅ E104805 MLS
Income-producing investment property currently rented for $795 per month. At the individual allocated price of $79,500, the property reflects an estimated 9.2% cap rate based on current rent and seller-provided operating expense assumptions. Recent improvements include a new water heater installed in 2024, updated kitchen cabinets, sink and countertop, sheetrock and painting, along with a newer gas space heater and additional miscellaneous upkeep. This property is not currently available for individual purchase and must be purchased as part of a three-property investment package with 1015 11th Avenue and 1822 6th Court. The combined package is offered at $288,500, produces $2,985 per month in current rental income, and reflects an estimated package cap rate of approximately 9.5% based on seller-provided income and expense information. The package offers an investor three occupied income-producing properties with established rental history and documented improvements. Contact listing agent for rent roll, lease information, operating expenses, and complete package details.

1005 11th St, Phenix City
1015 11th Ave, Phenix City
$109,500
3 Beds ⋅ 1 Baths ⋅ E104804 MLS
Income-producing investment property currently rented for $1,195 per month. At the purchase price of $109,500, the property reflects an estimated 10.2% cap rate based on current rent and seller-provided operating expense assumptions. Recent improvements include a new HVAC system installed in July 2024, a newer water heater, kitchen renovation with cabinets, sink and countertops, and new vinyl flooring in the kitchen and laundry area completed in August 2026. This property is not currently available for individual purchase and must be purchased as part of a three-property investment package with 1005 11th Street and 1822 6th Court. The combined package is offered at $288,500, produces $2,985 per month in current rental income, and reflects an estimated package cap rate of approximately 9.5% based on the seller-provided income and expense information. The package offers an investor three occupied income-producing properties with established rental history and documented improvements. Contact listing agent for rent roll, lease information, operating expenses, and complete package details. Excellent opportunity for an investor looking to add a stabilized rental property with recent capital improvements to an existing portfolio. Contact listing agent for lease information, rent roll, and details regarding the three-property package.

1015 11th Ave, Phenix City
224 6th Avenue, Lafayette
$164,900
3 Beds ⋅ 2 Baths ⋅ E104710 MLS
Welcome to 224 6th Ave SE, a property full of potential in the heart of Lafayette, Alabama. Whether you're looking for a cozy home or an investment opportunity, this property offers plenty of possibilities. Situated on a generous lot, the home features 3 bedrooms, 2 bathrooms. Its convenient location provides easy access to local amenities while still offering the peace and quiet of small-town living. With a little love and creativity, this property could truly shine. Don't miss this opportunity—schedule your showing today!

224 6th Avenue, Lafayette
923 7th Avenue, Phenix City
$130,000
2 Beds ⋅ 1 Baths ⋅ E104437 MLS
This home qualifies for 100% financing program, inquire for more details. Welcome to 923 7th Avenue, where thoughtful updates, timeless character, and an exceptional location come together just off Broad Street in Phenix City. The covered front porch creates a welcoming first impression and offers the perfect place for a porch swing, morning coffee, or relaxing at the end of the day. Inside, updated luxury vinyl plank flooring runs throughout the home, while the living room is anchored by a decorative fireplace that adds warmth and personality. The spacious kitchen is designed for everyday living with a large island bar, generous eat-in dining area, walk-in pantry, and adjoining laundry room, creating a central gathering space that's both functional and inviting. The oversized primary bedroom features soaring ceilings that give the room an open feel, while the private second bedroom offers flexibility for guests, a home office, or hobbies. Outside, you'll find a nicely sized backyard, a small covered patio, detached storage building, and the added durability of a metal roof. Located within walking distance of the Chattahoochee River and the Dillingham Street Bridge, this home offers easy access to Uptown Columbus, local restaurants, entertainment, shopping, and the Riverwalk while remaining conveniently close to Broad Street, Downtown Phenix City, and Fort Benning. Whether you're searching for homes for sale in Phenix City AL or looking for convenient access to Columbus GA, this Russell County property combines updated interiors, comfortable living spaces, and an ideal location into a home that's easy to enjoy every day.

923 7th Avenue, Phenix City
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