10 Houses Under $50,000: July 2014 Edition

by Elizabeth Finkelstein

At long last — here it is! Ten more beautiful old houses for sale for under $50,000! I skipped a month of this series (we’ve been deep in the throes of the homebuying process — more on that to come!) but to make up for it, I’ve included a handful of bonus listings at the bottom. Enjoy, and as always, click the photos to be taken to the listing sites!
 

 

98 Plum St, Hillsboro, GA

 
98-Plum-St-Hillsboro-GA-31038
$43,900
 
I NEED THIS PORCH. Right now. Today. (It’s over 90 degrees in New York City right now.) This 1,830-sf Georgia beauty is a Fannie Mae Homepath property with lots of charm inside and out. Sigh… I just love old houses!
 
 
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705 Garfield St, Gladbrook, IA

 
705-Garfield-St-Gladbrook-IA-50635
$39,900
 
Alright, it needs a paint job, but that’s a small price to pay for that staircase! According to the listing, the house has a grand foyer and is a “diamond in the rough awaiting your updating.” Beautiful!
 
 
705-Garfield-St-Gladbrook-IA-50635-2
 

1205 N Jackson St, Danville IL

 
1205-N-Jackson-St-Danville-IL-61832
$49,900
 
Um… are you seeing what I’m seeing? WHAT ON EARTH MAKES THIS HOUSE SO CHEAP? It was, according to the listing, built by Danville tinner Henry Bireline in 1910 (you can tell by looking at the ceilings!). The home features “original hardwood floors, doors, and trim; one-of-a-kind painted tin ceilings, unique in each room; original brass doorknobs and light fixtures.” Pinch me.
 
 
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1336 Mound Ave, Racine, WI

 
1336-Mound-Ave-Racine-WI-53404
$17,999
 
I chose to feature this house for the back porch alone. The details! It certainly needs work, but you can’t fake good bones. If you’re an architecture buff you’ll love Racine, where Frank Lloyd Wright chose to station many of his projects.
 
 
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309 E Indiana Ave, Elkhart, IN

 
309-E-Indiana-Ave-Elkhart-IN-46516
$34,900
 
A perfectly lovely foursquare with lots of original woodwork is searching for its soulmate. Is that you?
 
 
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619 E South Central Ave, Tennille, GA

 
619-E-South-Central-Ave-Tennille-GA-31089
$28,000 (foreclosure)
 
I LOVE LOVE LOVE these old southern homes. Having grown up in the northeast, I have a total fascination with deep overhangs and long porches so indicative of hot & hazy summers. Inside this beauty you’ll find some nice historic details. According to the listing, it “needs someone to love it!” I do!
 
 
619-E-South-Central-Ave-Tennille-GA-31089-2
 
 

2 Pleasant St, Solon, ME

 
2-Pleasant-St-Solon-ME-04979
$12,000
 
I wrote about this one in my piece last week for Country Living showcasing 10 fixer-uppers I’m dying to get my hands on (you can read that full piece HERE). I just can’t believe it’s only $12,000! What I wouldn’t give to be in Maine this summer instead of hot, sticky New York. The listing site only shows exterior photos, but the realtor (Steve Roy of Coldwell Banker Plourde Real Estate in Waterville, ME) was kind enough to send me some beautiful shots of the curved & carved staircase inside and other original details. Definitely a fixer-upper, but what a fantastic house!
 
 
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6706 Michigan Ave, St. Louis, MO

 
6706-Michigan-Ave-Saint-Louis-MO-63111
$44,900
 
The listing calls this St. Louis home a “rehabbers dream,” and I can see why. Little is being offered on behalf of the seller (it’s “as is” and no pre-sale improvements will be made — take it or leave it!), but if you’re the fixer-upper type you’ll have a dream project on your hands. Take a little tour through the house and notice the woodwork and historic mantels.
 
 
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310 N James St, Goldsboro, NC

 
310-N-James-St-Goldsboro-NC-27530
$49,000
 
I’m in love with the porch on this house. It adds the perfect amount of delicate, Victorian whimsy! Obviously there is work to be done here, but it looks like much of the interior is original.
 
 
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1108 Liberty St, Lapeer, MI

 
1108-Liberty-St-Lapeer-MI-48446
$40,000
 
The listing says this house is within walking distance to downtown and sits on a large corner lot. But I’m more impressed with the inside! There is wood paneling galore and lots of vintage wallpaper (I’m have a weakness for vintage wallpaper).
 
 
1108-Liberty-St-Lapeer-MI-48446-2
 
 

BONUS HOUSES!!!

 
329-W-Findlay-St-Carey-OH-43316
ABOVE: 329 W Findlay St, Carey, OH — $34,900
 
 
18620-Muirland-St-Detroit-MI-48221
ABOVE: 18620 Muirland St, Detroit, MI — $49,900
 
 
4332-Strodtman-Pl-Saint-Louis-MO-63107
ABOVE: 4332 Strodtman Pl, ST. Louis, MO — $12,500
 
 
2085-Us-Route-3-Campton-NH-03223
ABOVE: 2085 US Route 3, Campton, NH — $49,900 (foreclosure)
 
 
912-N-Granard-St-Gaffney-SC-29341
ABOVE: 912 N Granard St, Gaffney, SC — $33,000
 
 
403-W-Superior-St-Clarksville-IA-50619
ABOVE: 403 W Superior St, Clarksville, IA — $29,500
 
 
And that’s a wrap! What’s your favorite?
 
 
 
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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