Atlanta Homes under $500,000

Atlanta Homes under $500,000

Welcome to Atlanta, Georgia – a vibrant city where Southern charm meets modern sophistication. Known as the "City in a Forest," Atlanta boasts an impressive skyline intertwined with lush greenery, making it a unique urban oasis. With a rich history, diverse culture, and a thriving economy, Atlanta is an ideal place to call home.

From the bustling streets of Downtown to the historic neighborhoods of Old Fourth Ward, Atlanta offers a variety of communities that cater to different lifestyles. Whether you're a young professional, a growing family, or looking for a peaceful retirement, this city has something for everyone.

For those seeking affordable housing options, you'll be delighted to discover that Atlanta features a range of homes under $500,000. This price point opens the door to a variety of charming bungalows, contemporary townhomes, and spacious single-family residences. Many of these homes are situated in desirable neighborhoods, providing easy access to parks, schools, and local amenities.

Imagine living just minutes away from the renowned Atlanta BeltLine, a transformative project that connects neighborhoods through walking and biking trails, or enjoying the vibrant arts scene at the High Museum of Art. With a strong job market, excellent schools, and a rich culinary landscape, Atlanta is not just a place to live; it's a place to thrive.

Explore the possibilities of homeownership in Atlanta today, and take the first step toward finding your dream home in this dynamic city!

Newest Atlanta Homes under $500,000

1712 Evans Drive SW, Atlanta
$215,233
4 Beds ⋅ 2 Baths ⋅ 10867642 MLS
Beautifully renovated and full of character, this 3-bedroom, 2-bath ranch in Atlanta's Sylvan Hills neighborhood combines modern finishes, comfortable living spaces, and an excellent Southwest Atlanta location. Step inside to a bright and inviting interior highlighted by impressive ceiling heights, including soaring 10-foot ceilings in the kitchen and 9-foot ceilings throughout much of the home. The updated kitchen serves as the heart of the home with soft-close cabinetry, stainless steel appliances, generous workspace, and a clean contemporary design that flows naturally into the surrounding living areas. Both bathrooms have been beautifully updated, with the primary bath offering a true retreat featuring a freestanding soaking tub and separate spa-inspired shower. The living room is warm and welcoming with an updated electric fireplace providing a stylish focal point, while a newer HVAC system adds comfort and peace of mind. Outdoor living is equally inviting. Step onto the expansive rear deck overlooking the fenced backyard, creating plenty of room for entertaining, grilling, pets, gardening, or simply relaxing outdoors. Located in sought-after Southwest Atlanta, the home offers convenient access to Tyler Perry Studios and the Fort McPherson area, Historic West End, MARTA, Perkerson Park, and Atlanta's expanding BeltLine trail network. Enjoy nearby dining, breweries, shopping, recreation, and entertainment throughout the West End and Lee + White area, while remaining convenient to Downtown Atlanta, major highways, and Hartsfield-Jackson Atlanta International Airport. With thoughtful renovations, elevated finishes, generous ceiling heights, inviting indoor and outdoor living spaces, and convenient access to some of Southwest Atlanta's most exciting destinations, 1712 Evans Drive SW offers a wonderful opportunity to enjoy intown Atlanta living with room to call your own. This foreclosed property is being sold "as-is, where-is"; Seller has no property disclosures.

1712 Evans Drive SW, Atlanta

1094 Harwell Street NW, Atlanta
$239,923
4 Beds ⋅ 3 Baths ⋅ 10867643 MLS
Exceptional opportunity in Atlanta's rapidly transforming Westside! Located just minutes from the Atlanta BeltLine, Mercedes-Benz Stadium, Downtown Atlanta, West Midtown, and the Atlanta University Center, this spacious home offers the perfect blend of character, modern updates, and tremendous upside potential. The renovation is already well underway, making this an ideal opportunity for an owner-occupant looking to customize their dream home or an investor seeking a profitable resale opportunity. Much of the heavy lifting has already been completed, including updated bathrooms featuring tiled tub and shower surrounds, modern vanities, contemporary fixtures, updated electrical components, fresh interior finishes, and an open-concept floor plan designed for today's lifestyle. With many materials already on-site and major improvements completed, the next owner has the unique opportunity to add their own finishing touches and vision without starting from scratch. The spacious layout offers generous living and entertaining areas, oversized bedrooms, and a private primary suite featuring an enclosed rear porch/sunroom perfect for a sitting area, home office, fitness space, or private retreat. The open-concept design creates seamless flow throughout the home while providing a strong foundation for modern living. Outside, enjoy a welcoming covered front porch shaded by a beautiful mature tree, adding both curb appeal and character. The fenced backyard offers ample space for pets, gardening, entertaining, or future outdoor enhancements. Situated within one of Atlanta's most active redevelopment corridors, this property is walkable to BeltLine access and surrounded by ongoing revitalization, new construction, parks, restaurants, breweries, and entertainment destinations. Residents enjoy convenient access to Westside Reservoir Park, Rodney Cook Sr. Park, Echo Street West, Georgia Tech, Georgia State University, Centennial Yards, major interstates, and Hartsfield-Jackson International Airport. For investors and value-add buyers, this property represents a rare chance to step into a project that is already significantly advanced. Comparable renovated homes and new construction in the surrounding area have demonstrated strong resale demand, with many properties achieving sales prices in the mid-$400,000s to $500,000+ range. Buyers are encouraged to conduct their own due diligence regarding renovation costs, market conditions, and potential after-repair value, but the opportunity to unlock substantial equity through completion of the renovation is evident. PadSplit and/or AirBnB Investors have strong local comparables with excellent performing properties to compare to. Whether you're looking to create your forever home, add a rental property to your portfolio, pursue a short-term resale strategy, or capitalize on Atlanta's continued Westside growth, this property offers exceptional potential in one of the city's most sought-after redevelopment corridors. Bring your vision, complete the final details, and take advantage of the opportunity to maximize value in a neighborhood that continues to attract homeowners, investors, and developers alike. This foreclosed property is being sold "as-is, where-is"; Seller has no property disclosures.

1094 Harwell Street NW, Atlanta

446 Fedora Way NW, Atlanta
$150,233
4 Beds ⋅ 2 Baths ⋅ 10867641 MLS
Opportunity awaits at 446 Fedora Way NW! This 4-bedroom, 2-bath Atlanta home offers the chance to complete a nearly finished renovation, with many of the major improvements already completed and the remaining work ready for a buyer's personal finishing touches. Recent improvements include a new roof with new plywood decking and shingles, new luxury vinyl flooring throughout, new baseboards, updated LED lighting, new smoke detectors, and fresh interior paint in Sherwin-Williams City Loft. The home offers a functional four-bedroom layout, including a spacious primary suite with a walk-in closet, double vanity area, and walk-in shower. The primary bathroom renovation has already been started and is ready for completion, including the remaining tile work, sinks, mirrors, and finishing details. The kitchen is also well underway and ready for countertops and final finishes, giving the next owner an opportunity to customize the space to their own style. A newly constructed rear deck adds valuable outdoor living space, while the unfinished basement provides additional flexibility for storage, a workshop, recreation area, or potential future expansion. Located on Atlanta's west side with convenient access to I-20 and I-285, the property offers excellent connectivity throughout the metro area. Downtown Atlanta, Mercedes-Benz Stadium, MARTA, shopping, dining, parks, and entertainment are all within convenient reach, with Hartsfield-Jackson Atlanta International Airport also accessible for frequent travelers. Nearby outdoor destinations include Cascade Springs Nature Preserve and access to Atlanta's growing network of trails and green spaces. With much of the major renovation work already completed, this property offers an exciting opportunity for an owner-occupant looking to create a home of their own or an investor seeking a value-add project without starting from square one. Complete the remaining finishes, bring your vision to life, and take advantage of an Atlanta location offering convenient access to both intown destinations and major transportation corridors. This foreclosed property is being sold "as-is, where-is"; Seller has no property disclosures.

446 Fedora Way NW, Atlanta

1712 Evans Sw Drive, Atlanta
$215,233
4 Beds ⋅ 2 Baths ⋅ 7847417 MLS
Beautifully renovated and full of character, this 3-bedroom, 2-bath ranch in Atlanta's Sylvan Hills neighborhood combines modern finishes, comfortable living spaces, and an excellent Southwest Atlanta location. Step inside to a bright and inviting interior highlighted by impressive ceiling heights, including soaring 10-foot ceilings in the kitchen and 9-foot ceilings throughout much of the home. The updated kitchen serves as the heart of the home with soft-close cabinetry, stainless steel appliances, generous workspace, and a clean contemporary design that flows naturally into the surrounding living areas. Both bathrooms have been beautifully updated, with the primary bath offering a true retreat featuring a freestanding soaking tub and separate spa-inspired shower. The living room is warm and welcoming with an updated electric fireplace providing a stylish focal point, while a newer HVAC system adds comfort and peace of mind. Outdoor living is equally inviting. Step onto the expansive rear deck overlooking the fenced backyard, creating plenty of room for entertaining, grilling, pets, gardening, or simply relaxing outdoors. Located in sought-after Southwest Atlanta, the home offers convenient access to Tyler Perry Studios and the Fort McPherson area, Historic West End, MARTA, Perkerson Park, and Atlanta's expanding BeltLine trail network. Enjoy nearby dining, breweries, shopping, recreation, and entertainment throughout the West End and Lee + White area, while remaining convenient to Downtown Atlanta, major highways, and Hartsfield-Jackson Atlanta International Airport. With thoughtful renovations, elevated finishes, generous ceiling heights, inviting indoor and outdoor living spaces, and convenient access to some of Southwest Atlanta's most exciting destinations, 1712 Evans Drive SW offers a wonderful opportunity to enjoy intown Atlanta living with room to call your own. This foreclosed property is being sold "as-is, where-is"; Seller has no property disclosures.

1712 Evans Sw Drive, Atlanta

1094 Harwell Nw Street, Atlanta
$239,923
4 Beds ⋅ 3 Baths ⋅ 7846714 MLS
Exceptional opportunity in Atlanta's rapidly transforming Westside! Located just minutes from the Atlanta BeltLine, Mercedes-Benz Stadium, Downtown Atlanta, West Midtown, and the Atlanta University Center, this spacious home offers the perfect blend of character, modern updates, and tremendous upside potential. The renovation is already well underway, making this an ideal opportunity for an owner-occupant looking to customize their dream home or an investor seeking a profitable resale opportunity. Much of the heavy lifting has already been completed, including updated bathrooms featuring tiled tub and shower surrounds, modern vanities, contemporary fixtures, updated electrical components, fresh interior finishes, and an open-concept floor plan designed for today's lifestyle. With many materials already on-site and major improvements completed, the next owner has the unique opportunity to add their own finishing touches and vision without starting from scratch. The spacious layout offers generous living and entertaining areas, oversized bedrooms, and a private primary suite featuring an enclosed rear porch/sunroom perfect for a sitting area, home office, fitness space, or private retreat. The open-concept design creates seamless flow throughout the home while providing a strong foundation for modern living. Outside, enjoy a welcoming covered front porch shaded by a beautiful mature tree, adding both curb appeal and character. The fenced backyard offers ample space for pets, gardening, entertaining, or future outdoor enhancements. Situated within one of Atlanta's most active redevelopment corridors, this property is walkable to BeltLine access and surrounded by ongoing revitalization, new construction, parks, restaurants, breweries, and entertainment destinations. Residents enjoy convenient access to Westside Reservoir Park, Rodney Cook Sr. Park, Echo Street West, Georgia Tech, Georgia State University, Centennial Yards, major interstates, and Hartsfield-Jackson International Airport. For investors and value-add buyers, this property represents a rare chance to step into a project that is already significantly advanced. Comparable renovated homes and new construction in the surrounding area have demonstrated strong resale demand, with many properties achieving sales prices in the mid-$400,000s to $500,000+ range. Buyers are encouraged to conduct their own due diligence regarding renovation costs, market conditions, and potential after-repair value, but the opportunity to unlock substantial equity through completion of the renovation is evident. PadSplit and/or AirBnB Investors have strong local comparables with excellent performing properties to compare to. Whether you're looking to create your forever home, add a rental property to your portfolio, pursue a short-term resale strategy, or capitalize on Atlanta's continued Westside growth, this property offers exceptional potential in one of the city's most sought-after redevelopment corridors. Bring your vision, complete the final details, and take advantage of the opportunity to maximize value in a neighborhood that continues to attract homeowners, investors, and developers alike. This foreclosed property is being sold "as-is, where-is"; Seller has no property disclosures.

1094 Harwell Nw Street, Atlanta

446 Fedora Nw Way, Atlanta
$150,233
4 Beds ⋅ 2 Baths ⋅ 7847402 MLS
Opportunity awaits at 446 Fedora Way NW! This 4-bedroom, 2-bath Atlanta home offers the chance to complete a nearly finished renovation, with many of the major improvements already completed and the remaining work ready for a buyer's personal finishing touches. Recent improvements include a new roof with new plywood decking and shingles, new luxury vinyl flooring throughout, new baseboards, updated LED lighting, new smoke detectors, and fresh interior paint in Sherwin-Williams City Loft. The home offers a functional four-bedroom layout, including a spacious primary suite with a walk-in closet, double vanity area, and walk-in shower. The primary bathroom renovation has already been started and is ready for completion, including the remaining tile work, sinks, mirrors, and finishing details. The kitchen is also well underway and ready for countertops and final finishes, giving the next owner an opportunity to customize the space to their own style. A newly constructed rear deck adds valuable outdoor living space, while the unfinished basement provides additional flexibility for storage, a workshop, recreation area, or potential future expansion. Located on Atlanta's west side with convenient access to I-20 and I-285, the property offers excellent connectivity throughout the metro area. Downtown Atlanta, Mercedes-Benz Stadium, MARTA, shopping, dining, parks, and entertainment are all within convenient reach, with Hartsfield-Jackson Atlanta International Airport also accessible for frequent travelers. Nearby outdoor destinations include Cascade Springs Nature Preserve and access to Atlanta's growing network of trails and green spaces. With much of the major renovation work already completed, this property offers an exciting opportunity for an owner-occupant looking to create a home of their own or an investor seeking a value-add project without starting from square one. Complete the remaining finishes, bring your vision to life, and take advantage of an Atlanta location offering convenient access to both intown destinations and major transportation corridors. This foreclosed property is being sold "as-is, where-is"; Seller has no property disclosures.

446 Fedora Nw Way, Atlanta

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