Cincinnati Homes under $500,000

Welcome to Cincinnati, Ohio – a vibrant city that beautifully blends rich history, diverse culture, and modern living. Nestled along the banks of the Ohio River, Cincinnati is known for its stunning architecture, thriving arts scene, and a culinary landscape that will tantalize your taste buds. From the historic Over-the-Rhine district, with its charming brick buildings and trendy breweries, to the expansive parks and scenic riverfront, Cincinnati offers something for everyone.

For those looking to settle down in this dynamic city, there’s great news! Cincinnati boasts a variety of homes under $500,000, making it an ideal destination for first-time buyers, families, and anyone seeking a comfortable lifestyle without breaking the bank. The real estate market here is diverse, featuring everything from cozy bungalows and spacious single-family homes to contemporary condos and townhouses, all set in welcoming neighborhoods.

Imagine living in a city where you can enjoy the arts at the Cincinnati Symphony Orchestra, explore the interactive exhibits at the Cincinnati Museum Center, or take a leisurely stroll through the picturesque Eden Park. With excellent schools, a strong sense of community, and easy access to major highways, Cincinnati is not just a place to live; it’s a place to thrive.

Discover your dream home in Cincinnati today, where affordability meets opportunity, and experience all that this charming city has to offer! Whether you’re drawn to its historic roots or its modern amenities, Cincinnati is ready to welcome you home.

Newest Cincinnati Homes under $500,000

$195,000

3 Beds ⋅ 2 Baths ⋅ 970810 MLS ⋅ Judith McCoy

You will fall in love with the old-world charm of this home, situated on a private, treed cul-de-sac lot just minutes from UC, Xavier, and downtown. Key features of the home include: - Charming covered front porch, Hardwood floors throughout, Spacious rooms with large windows that let in abundant natural light, Updated vinyl insulated tilt windows, Full walk-out lower level with two potential storage rooms, All appliances included, including the washer dryer, gas stove, and refrigerator, and a water closet that could be turned into a bath just by adding a sink.

4668 McNeil Avenue, Cincinnati

Courtesy of Judith McCoy and Comey & Shepherd REALTORS

$299,000

5 Beds ⋅ 3 Baths ⋅ 970795 MLS ⋅ Michael Stylski

Great opportunity in Hartwell! This home offers a good amount of space, a detached garage, and plenty of potential for someone looking for an investment or a property they can make their own. There's a solid starting point here with room to add your personal touch and make improvements. Convenient Cincinnati location close to everyday amenities and major roads. Whether you're looking to invest or create a home of your own, this one is worth taking a look at!

294 Avalon Street, Cincinnati

Courtesy of Michael Stylski and Comey & Shepherd REALTORS

$295,000

7 Beds ⋅ 3 Baths ⋅ 970454 MLS ⋅ Craig D Kellogg

Three-unit multifamily investment opportunity in Cincinnati featuring a mix of occupied and vacant units. Unit 1 is a 3-bedroom, 1-bathroom unit recently turned and marketed at $1,095 per month, with housing vouchers accepted. Unit 2 is a tenant-occupied 3-bedroom, 1-bathroom unit leased through a housing voucher program at $1,900 per month, with the tenant contributing $76 monthly and paying their own utilities. Unit 3 is a 1-bedroom, 1-bathroom unit requiring additional work before it is ready for occupancy. The property offers investors existing voucher-supported rental income and the potential to lease the marketed unit while evaluating the remaining unit's renovation needs. Buyers should verify legal bedroom counts, unit configurations, utility arrangements, and current rental terms during due diligence.

548 Carplin Place, Cincinnati

Courtesy of Craig D Kellogg and Agora Realty Group

$200,000

5 Beds ⋅ 2 Baths ⋅ 970724 MLS ⋅ Kirsten Means

Calling All Investors! Strong Income-Producing Two-Unit Property Add this well-maintained duplex to your investment portfolio and take advantage of an excellent opportunity for rental income and long-term value. This two-unit property features a 1-bedroom, 1-bath lower unit and a spacious 4-bedroom, 1-bath upper unit, offering a total of five bedrooms across both units. The upper 4-bedroom unit has received substantial recent updates, making it an attractive rental for tenants and providing peace of mind for the next owner. Improvements include: Fresh interior paint throughout New carpet and padding New LVP flooring in the kitchen and dining area (September 2025) Four newly replaced windows (July 2026) Updated lighting fixtures New furnace and A/C system installed (September 2025) The upper unit is currently leased for $1,250/month through January 31, 2027, while the lower 1-bedroom unit is occupied by a long-term tenant paying $585/month, with a lease in place through July 31, 2027. Both tenants are responsible for their own gas and electric, while the owner pays water and trash, helping keep operating expenses manageable. With $1,835 in current monthly rental income ($22,020 annually) and both units occupied under existing leases, this property offers an appealing opportunity for an investor looking for immediate rental income, stable tenancy, and potential for future growth. Whether you're an experienced investor looking to expand your portfolio or just getting started in real estate, this income-producing duplex is worth a closer look!

1118 Seton Avenue, Cincinnati

Courtesy of Kirsten Means and Heartland Realty & PM

$175,000

3 Beds ⋅ 2 Baths ⋅ 970633 MLS ⋅ Tracy Haynes

Welcome home to this beautifully maintained and thoughtfully updated 3-bedroom, 2-bath home! Featuring a warm and inviting layout, this home offers comfortable living spaces with modern updates throughout. Enjoy your morning coffee on the spacious front porch or relax and entertain on the large deck overlooking the beautifully landscaped yard. Peaceful surroundings, mature landscaping, and plenty of outdoor space create a private retreat you?ll love coming home to. Move-in ready and lovingly cared for, this charming home is the perfect blend of comfort, style, and tranquility.

4126 Lora Avenue, Cincinnati

Courtesy of Tracy Haynes and Coldwell Banker Heritage

$249,000

3 Beds ⋅ 1 Baths ⋅ 970383 MLS ⋅ Arman Muradyan

Subject property has been thoroughly and tastefully reconstructed with all new features including but not limited to New Roof, Windows, Gas Furnace, Air Conditioner, Water Heater, Professional Basement and Garage area Waterproofing with lifetime transferable warranty, Gutters, Kitchen Cabinets, Granite Countertop, Flooring, Doors, Electric Fixtures, Kitchen Appliances, Electric Panel and much more. Won't last long with this price, bring offers!

2640 Gehrum Lane, Cincinnati

Courtesy of Arman Muradyan and Ownerland Realty, Inc.

$379,900

4 Beds ⋅ 4 Baths ⋅ 970020 MLS ⋅ Maura Cagney-Tipton

Nearly an acre of property, 3½-car garage space, and plenty of room to spread out! This spacious 4-bedroom, 3½-bath two-story offers an impressive garage setup with a 2-car front-entry garage plus an additional 1½-car garage around back, ideal for extra vehicles, hobbies, storage, or a workshop. Inside, you’ll find a family room addition, first-floor laundry, and a spacious primary suite featuring a beautifully updated bathroom. Outdoor living is just as inviting with an extended deck and beautiful patio overlooking the nearly 1-acre lot. The finished lower level adds even more living space with a rec room and walkout to the backyard. With generous indoor and outdoor space, a hard-to-find garage setup, and an incredible lot, this home has so much to offer!

6396 Springmyer Drive, Cincinnati

Courtesy of Maura Cagney-Tipton and Coldwell Banker Realty

$220,000

3 Beds ⋅ 2 Baths ⋅ 970273 MLS ⋅ Amanda Gates

Welcome home to this spacious 3-bedroom, 1.5-bath condo tucked away on a quiet, private cul-de-sac in Mt. Washington! Located within walking distance of Sands Montessori. Enjoy low-maintenance living with an HOA that includes landscaping and snow removal. Fresh paint makes this home move-in ready, while the open kitchen and dining area create an inviting space for everyday living and entertaining. The kitchen features updated stainless steel appliances, sink, dishwasher and microwave, and the washer and dryer stay with the home. Cozy up by the wood-burning fireplace or step outside to a private back patio and grassy area - perfect for relaxing or entertaining outdoors. A standout feature of this unit is the attached garage with direct access to the home, a convenience not found with every unit in the community. With three bedrooms, a finished basement, great indoor and outdoor living space, and a peaceful cul-de-sac setting, this Mt. Washington condo is ready for its next owner!

6355 Corbly Road Unit 13, Cincinnati

Courtesy of Amanda Gates and Irongate Inc.

$259,000

6 Beds ⋅ 3 Baths ⋅ 970213 MLS ⋅ Arman Muradyan

Subject is a Victorian architecture style dwelling located in North Avondale within a mile or more from Xavier University. It consist of 4631 sq feet above ground with 6 larger bedrooms. New roof, new gas furnace, new water heater, some newer and new windows etc. It can be utilized as a great rental investment property or owner occupied. Subject still needs a decent amount of work to restore back to its greatest beauty. Listing agent is affiliated with seller's corp.

990 Burton Avenue, Cincinnati

Courtesy of Arman Muradyan and Ownerland Realty, Inc.

$163,000

2 Beds ⋅ 2 Baths ⋅ 970077 MLS ⋅ Jared Jester

This home has been lovingly preserved with thoughtful updates. The community is quiet and comfortable while still conveniently located near shopping, dining, and entertainment. The 1st and 2nd levels offer just the right amount of room with a finished basement for extra space to entertain and unwind. Get rid of the mower and enjoy low maintenance living. The HOA covers grass cutting, snow removal, trash, water/sewer, and exterior maintenance. This home has a brand-new roof and gutters, fresh windows in 2025, and a rear exterior sliding door in 2021, along with plenty of updates inside to give you peace of mind as you move into your future. It's time for you to come and LOVE WHERE YOU LIVE.

3706 Parfore Court, Cincinnati

Courtesy of Jared Jester and Comey & Shepherd REALTORS

$329,000

3 Beds ⋅ 1 Baths ⋅ 969941 MLS ⋅ Jennifer Day

Rare opportunity in highly sought-after Mariemont Schools! This beautifully remodeled 3-bedroom home sits on TWO PARCELS and offers an oversized 2-car garage with bonus workshop/storage space—a combination that’s hard to find in this location. The redesigned first floor features an open-concept layout with fresh paint, new flooring and a stunning kitchen with white cabinetry, granite counters, subway tile and stainless appliances. Upstairs you’ll find 3 bedrooms and a completely remodeled bath with high-end finishes. Enjoy covered outdoor spaces in both the front and back plus additional yard space from the second parcel. Major updates include roof, furnace & AC—all replaced in 2023—plus new doors and fixtures throughout. Move-in ready with exceptional outdoor and garage space, all in Mariemont Schools!

6219 Bedford Street, Cincinnati

Courtesy of Jennifer Day and RE/MAX Preferred Group

$190,000

3 Beds ⋅ 1 Baths ⋅ 969907 MLS ⋅ Delaney Brun

Appreciate the unique details in this cozy home! Hardwood floors, brass and glass doorknobs, and front door all charming and original with modern updates like LVP, new ceiling fans, switches, and newer appliances. Bonus dark room in the basement for photography enthusiasts. Spacious yard with an abundance of perennials, Tuff shed, and the Greek Church as your rear neighbor. Situated on a quaint, no-outlet street that ends in a walking train taking you directly to Warder Nature Preserve. Easy access to the interstate, close to St. X High School and Finneytown Schools.

6909 Bryn Mawr Drive, Cincinnati

Courtesy of Delaney Brun and Sibcy Cline Inc.

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