10 Houses Under $50,000: October 2016 Edition

by Elizabeth Finkelstein

It’s time for everyone’s favorite round-up of guilt-free fixer-uppers! Enjoy these 10 (or more) gorgeous historical homes for sale for under $50,000.
 
(If you come across any beautiful old houses for sale for under $50,000, send them along to us at [email protected])
 

 
 

1
 423 W 1st St, Marion, IN
 
Source: RE/MAX Realty One
$29,900
 
Lots of Charm & Character throughout this Dutch Colonial Revival Style home! Ornate Details, Leaded Glass Windows, Tiled Fireplace are just a few to mention. Covered Porch spans the front of the home. 3 Bedrooms & 1.5 Bath. Corner Lot Location near the hospital. Central Air Conditioning, Newer Updated Wiring, Lots of Storage!
 
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2
 60-62 Oxford Ave, Dayton, OH
 
Source: Irongate Inc. Realtors
$49,000
 
City of Dayton: Victorian style two story located in the Old Dayton View Historic District with four bedrooms, two full baths and just a few minutes to Downtown Dayton amenities, I-75, and less than 20 minutes to WPAFB. Features large entry, living room with bow-bay window, formal dining room, one bedroom and one bath on the main floor, three bedrooms and another bath with jetted tub on the second floor. Kitchen has new butcher block counter tops, glass tile back splash, and sink. Two fireplaces that are decorative but inoperable. Really good value for the price.
 
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3
 2632 Wilson Cambria Rd, Wilson, NY
 
Source: Realty USA/The Laurendi Home Selling Team
$50,000 (see description below)
 
VR pricing. Seller will consider offers between $50,000 and $70,000. This is your chance to finalize this beautiful home! 4 bedrooms, 2 full baths on 4.7 acres! All brick exterior home boasts some solid updates already. Beautiful updated kitchen with Amish cabinets custom backsplash, counter tops and new floor. Formal dining room, second floor bath, all newer vinyl windows, tons of beautiful hardwood in this spacious home! Will need new boiler, HWT and roof. 203K or cash only purchase. Make offer!
 
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4
 3021 State Highway 8, South New Berlin, NY
 
Source: Realty USA
$49,000
 
Large square footage for little money! This 5 plus bedroom home has 2 kitchens and 2 full baths and so much potential. Hardwood floors, original woodwork and a nice pond.
 
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5
 224 W Cottage Ave, Tamaqua, PA
 
Source: Zillow, via RE/MAX Real Estate
$47,400
 
BANK PRE-APPROVED SHORT SALE AT LIST PRICE….Magnificent ca. 1850 home with pillared porch & massive double doors. An entry hall that greets family and guest with warmth. This 4 bedroom/3 full bath home offers hardwood floors and vaulted ceilings throughout. Enjoy the 2 fireplace for those cold cozy nights. Restore this home to the show place it once was….Endless Possibilities.
 
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6
 115 Elmwood Ave, Lockport, NY
 
Source:
$40,000
 
Lots of POTENTIAL in this 1900s Lockport home. High ceilings, “old” wood trim, POCKET doors remain in tact in living room, beautiful old banister, large entry foyer. Living room, dining room, 4 bedrooms and 1 full bath. Drain tile and foundation work completed in basement. Great old fashioned front porch. Truly is a diamond in the rough! CASH ONLY.
 
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7
 504 Oglesby St, Quitman, GA
 
Source: Zillow, courtesy of United Country/Searcy Realty
$49,900
 
This historic 3052 square foot home is located minutes from the hospital, downtown Quitman and all the shops, restaurants & businesses it has to offer. This single family home features hardwood floors, 4 fire places, amazingly beautiful woodwork and mantels. Located on over 1 acre of property, this home could be beautifully restored on site or moved to a beautiful farm to be a centerpiece of the land.
 
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8
 609 2nd Ave, Litchville, ND
 
Source: Valley Realty
$42,500
 
20 Plus Rooms! Unique older home with 7 bedrooms and 2 baths. Features include solid oak doors, wood work, hardwood flooring, beveled glass in entry ways, large porch, stairway attic, and plenty of storage.
 
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9
 104 S Main St, Jonesboro, IN
 
Source: Vision Property Management
$31,500 (cash only)
 
This property is also available for Lease To Own; Pricing differs. Call for program details, pricing and down payment requirements. This property will be sold or leased in AS-IS condition.
 
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10
 115 Mary St, Cambria, WI
 
Source: Zillow, courtesy of Stark Company, Realtors
$49,900
 
UNBELIEVABLE VALUE! Victorian home w/all the gorgeous details: Wrap-around porch, classic light fixtures, quarter-sawn maple stairway, hand-carved column detail; maple floors throughout. 4 huge bdrms., one on main, all w/large closet. Big kitchen, all rooms sunny. Partially fenced backyard, apple tree and perennials. Overgrown perennials near home cut back to allow for new growth next spring! All this for far less than assessed value. “Bones” are great. Your chance to bring beauty back to life.
 
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Bonus #1!
 810 E Main St, Muncie, IN
 
Source: Zillow, courtesy of the owner
$18,900
 
Handy man special as is large home 3 or 4 bedroom. 3 up with sitting room ,full bath separate shower , whirlpool tub. down has fr parlor , living room , dining room, den/4th bedroom, breakfast room, fr. and back stairs large eatin kitchen plumbing new pvc drains waterlines are pex elec 100amp service all wiring updated . Large privacy fenced back yard. as is condition no warranties 18.900 plus closing
 
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Bonus #2!
 2317 Scottwood Ave, Toledo, OH
 
Source: Zillow, courtesy of the owner
$48,500
 
HISTORIC OLD WEST HOME LOOKING FOR A BIG FAMILY. $130k ARV (After Repair Value). $30-40k of repairs and updates. THIS HOME IS LOCATED JUST DOWN THE STREET FROM THE FAMOUS ARCHITECT, GEORGE S MILLER’S HOME. QUAINT NEIGHBORHOOD FULL OF OLD WORLD CHARM. LEADED DOORS, BOOKCASES, CIRCULAR FLOOR PLAN, WALK UP ATTIC, SEPARATE GARAGE AND LARGE FENCED IN YARD. 5 bedrooms, 5 bathrooms, 4,084 sqft, with 0.37 acre lot. PRICED FOR INVESTORS (Call Paul @ 419.290.6850 for more details)
 
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Love cheap, beautiful old houses?

 
Follow CIRCA’s latest Instagram feed at @CheapOldHouses, on which we showcase only gorgeous historical homes for sale for under $100,000.
 
 
 
Elizabeth1AUTHOR ELIZABETH FINKELSTEIN
Elizabeth is the founder of CIRCA and a practicing writer, architectural historian and preservation consultant living in Brooklyn, NY. Elizabeth has loved historic houses for as long as she can remember, having grown up in an 1850’s Greek Revival gem that was lovingly restored by her parents. Elizabeth, her husband Ethan and their beagle Banjo remain on a relentless hunt for their perfect “Thanksgiving house.”
 
 
 
 

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