Columbus Homes under $500,000

Columbus Homes under $500,000

Welcome to Columbus, Ohio – a vibrant city where innovation meets tradition, and community spirit thrives in every neighborhood. Nestled in the heart of Franklin County, Columbus is not just the state capital; it is a dynamic hub of culture, education, and opportunity. With a diverse population and a rich tapestry of experiences, Columbus offers something for everyone, from the bustling arts scene to the serene parks that dot the landscape.

Columbus is renowned for its affordability, especially when it comes to real estate. For those seeking a home under $500,000, the options are plentiful and diverse. Whether you're a first-time homebuyer, a growing family, or looking to downsize, Columbus has a variety of charming neighborhoods that cater to every lifestyle. Explore the historic homes in German Village, the modern developments in the Short North Arts District, or the spacious family homes in suburbs like Westerville and Hilliard – all within your budget.

The city boasts a strong economy, bolstered by major industries such as education, healthcare, and technology, making it an ideal place for professionals and families alike. With top-rated schools, ample recreational activities, and a friendly atmosphere, Columbus is a place where you can truly feel at home.

Discover your dream home in Columbus today, where affordability meets quality living, and start enjoying all the wonderful experiences this thriving city has to offer!

Newest Columbus Homes under $500,000

346 S Wheatland Avenue, Columbus
$175,000
3 Beds ⋅ 2 Baths ⋅ Carlton A Churchill
Welcome to this fully updated 3 bedroom, 2 full bathroom home located in the evolving Central Hilltop community. Completed in 2024, this home was thoughtfully updated, making it a low maintenance option for both owner occupants and investors. With recent improvements throughout the area and continued revitalization efforts, this neighborhood is showing strong signs of growth and renewed opportunity. The first floor features a convenient primary bedroom with direct access to a full bathroom. The layout offers comfortable everyday living and flexibility. The kitchen and bathrooms have been refreshed, and the entire home provides a clean and move in ready feel. Upstairs are two additional bedrooms and another full bathroom, giving plenty of space whether you plan to live in the home or add it to a rental portfolio. Outside, the fully fenced backyard is a standout feature, offering a large and private area perfect for play, pets, or outdoor gatherings. With only street parking, this home remains an affordable and practical choice at a competitive price point. Its updates, spacious fenced yard, and functional floor plan make it an appealing option in a location where value and potential continue to grow. This property is ideal for a family seeking an affordable home or an investor looking for a strong addition to their portfolio in an improving neighborhood.

346 S Wheatland Avenue, Columbus

Listing Courtesy of : Carlton A Churchill ---- Red 1 Realty

4856-4860 Briston Drive, Columbus
$495,000
⋅ Robin Jala Panzera
Great opportunity for investors seeking a turnkey, cash-flowing duplex in Hilliard Schools! This well-maintained property offers two spacious townhomes, each with 3 bedrooms and 2½ baths, conveniently located near schools, retail, and major freeways. Each unit features an open kitchen and eating area, spacious first-floor living room, and a half bath conveniently located on the main level. Upstairs, the primary bedroom offers a private ensuite bath, along with two additional bedrooms and a full bath. Each unit also includes a private unfinished basement providing excellent storage space and potential for additional use. Both units have large yards with decks, offering attractive outdoor space for tenants. Tenants are responsible for lawn care and snow removal. Each unit has an attached one-car garage plus additional off-street parking. Separate city water meters for each unit allow all utilities to be individually metered and placed in the tenants' names, providing an attractive setup for the landlord. Current rents are $1,820/month at 4856, leased since November 2024, and $1,490/month at 4860, occupied by a long-term tenant since March 2018. The long-term tenancy also presents a value-add opportunity for an investor looking to increase rental income over time. Property is fully occupied. Curb offers only; interior walk-throughs will be scheduled after an accepted contract. Property is owned by Realtors licensed in the State of Ohio, who are the Selling Agents. See attached memo for further details.

4856-4860 Briston Drive, Columbus

Listing Courtesy of : Robin Jala Panzera ---- Panzera Realty

794 Hamlet Street, Columbus
$335,000
2 Beds ⋅ 2 Baths ⋅ James D Meyer
Experience the best of urban living in the heart of Italian Village, one of Columbus' most vibrant and sought-after neighborhoods. Situated on charming Hamlet Street, one of the area's most desirable addresses, this updated 2-bedroom, 2-bath condominium combines historic neighborhood character with modern convenience. The open-concept main level features hardwood floors, 9-foot ceilings, recessed lighting, a decorative fireplace, and a spacious great room designed for both everyday living and entertaining. The adjoining kitchen offers 42-inch maple cabinetry, a pantry, concrete countertops, tile backsplash, stainless steel appliances including a gas range, and direct access to the private outdoor living space. Upstairs, hardwood floors continue throughout both bedrooms, each offering generous closet space, ceiling fans, and access to a full bath. The primary bath features tile flooring, a maple vanity, and a walk-in STEAM shower, while the second bath includes a tub/shower with tile surround. Outside, enjoy a private, fenced rear yard with professional landscaping, a paver patio, and rare off-street parking for one vehicle. The location is exceptional--just four blocks from High Street and the Short North Arts District, placing Columbus' best restaurants, coffee shops, breweries, boutiques, nightlife, and entertainment practically at your doorstep. You're also less than half a mile from Goodale Park, Columbus' original public park featuring a scenic pond and fountain, walking paths, sports courts, picnic areas, and many of the city's premier festivals and events. Downtown Columbus, Nationwide Arena, and The Ohio State University Wexner Medical Center are all just minutes away, making this an ideal home for those seeking a walkable, connected, and energetic city lifestyle.

794 Hamlet Street, Columbus

Listing Courtesy of : James D Meyer ---- Cutler Real Estate

1321 Lake Shore Drive 176 Unit 176, Columbus
$389,900
2 Beds ⋅ 3 Baths ⋅ Karen Elizabeth Newbanks
Welcome to Hidden Lake, one of Columbus' most exclusive gated waterfront communities! This beautifully refreshed two-story, 2-bedroom, 3-bathroom condo boasts 1,704 square feet of bright, open living space, offering one of the largest and most sought-after floor plans in the neighborhood. Positioned in one of the best locations in the community, this home directly overlooks the beach and private 26-acre lake. Massive sliding doors flood the interior with gorgeous natural light, creating an effortless indoor-outdoor flow designed perfectly for everyday comfort and lakeside entertaining. Live like you are on vacation every single day with unparalleled, resort-style amenities right in your backyard. Step outside to enjoy direct access to the sandy beach and private lake, perfect for sailing, canoeing, paddleboarding, and kayaking. Stay active on the community pickleball, tennis, and basketball courts, or unwind at the sparkling swimming pool, modern clubhouse, and dedicated dog park. The entire neighborhood is surrounded by scenic walking paths, mature trees, and lush greenery, creating a peaceful waterfront sanctuary that feels miles away from the city while keeping every urban convenience just minutes away. Turnkey opportunities in this prime location rarely hit the market. Schedule your private tour today!

1321 Lake Shore Drive 176 Unit 176, Columbus

Listing Courtesy of : Karen Elizabeth Newbanks ---- Cutler Real Estate

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