25 Houses Under $50,000: August/September 2017 Edition

by Elizabeth Finkelstein (Image courtesy of Keller Williams Town & Country Realty)

Happy September! Enjoy the latest round-up of gorgeous homes for sale for under $50,000 – plus a bonus video of the CIRCA team discussing a beautiful $67,900 dollar home (and it’s $8,300 next-door neighbor!)
(If you come across any beautiful old houses for sale for under $50,000, send them along to us at [email protected])
(Psst… We don’t personally represent any of these homes. We’ve provided a link back to the original listing in the description for each home. Click through if you’re looking for more information!).


 146 State St, Elkhart, IN
Source: Trulia (for sale by owner)
No property description given.


 159 S Mcintosh St, Elberton, GA
Source: Coldwell Banker Fort Realty
$41,900 (foreclosure)
Two-story brick home built in 1915 with 5 bedrooms and 3 baths on a corner .27 acre lot in the city of Elberton. The main level has a separate living room with fireplace, dining room, office/sitting room, kitchen, butler’s pantry, bedroom with fireplace that has a freestanding gas log heater, and a full bath. The master bedroom, with woodburning fireplace, and bath is located upstairs along with 3 more bedrooms and another bath. Laundry hookups are located in the kitchen. There is a root cellar, a small brick storage building, and a private backyard. This home is in need of total restoration. Freddie Mac First Look through July 1, 2017. Seller will pay up to $500 for home warranty if owner occupied – must be specified in initial offer. Proof of funds or prequal letter required with offers. Seller addenda apply upon acceptance of offer. Earnest money must be certified check to listing broker or seller’s attorney : Ellis Painter Ratterree & Bart LLP. Sold As Is.


 806 River Rd, Fort Plain, NY
Source: Homes.com, courtesy of USRealty.com LLC
Massive 7 bed, 2 bath Fort Plain, NY home for sale. This property is 4,000+ sq ft and sits on 1.9 acres. What a wonderful investment property for a large family! Rooms and interior are spacious. Updating and some work are necessary before move in ready.


 1212 N Main St, Evansville, IN
Source: ERA First Advantage Realty, Inc.
$40,500 (foreclosure)
This 3 bedroom, 1 bath home has character throughout! There is a covered front porch and spacious yard. Tall windows throughout the home allow for a lot of natural light. The street and sidewalks have recently been redone in front of the home. You are not far from schools, shopping, and restaurants. This is a Fannie Mae HomePath property.


 20 Sherman St, Bradford, PA
Source: Howard Hanna Professionals
“HOME HAPPENS HERE”Spacious 4 bedroom home situated on corner lot on quiet city street. Modern eat-in kitchen with glass doors leading to deck, formal dining area, large living area with fireplace and grand entrance all offered on the first level of this home. Second level boasts 4 bedrooms with plenty of storage and full bath.A must see home!


 732 Belgrade Rd, Mount Vernon, ME
Source: Estately, courtesy of Brookewood Realty
Mount Vernon – New Listing – Country location !! Old Cape home!! Needs repairs, being sold as is!! House with attached shed!


 51 Covington St, Perry, NY
Source: Realtor, courtesy of USRealty.com, LLP
4 bed, 2 bath Perry, NY Home for sale. This home has great potential. There is beautiful wood working throughout the property. Some work and repairs maybe necessary before move in ready. Very spacious home. Beautiful characteristics here and great potential!


 138 W Orleans St, Paxton, IL
Source: RE/MAX Realty Associates


 168 S Mcgriff St, Whigham, GA
Source: Realtor, courtesy of KELLER WILLIAMS Town & Country Realty
No property description given.


 207 E 2nd St, Wyanet, IL
Source: Trulia, courtesy of Landmark Realty of Illinois LLC
The grandiose features of this fabulous home make it worth the love needed! Amazing woodwork including original hardwood floors, two stairways, cast iron fireplace, detailed wainscoting, built in floor to ceiling mirror and built in entryway benches are all the touches that you just can’t find in a newer home. New roof in 2012 on both home and garage, 95% efficient furnace and air conditioning in approximately 2013, and new windows on the main floor (excluding leaded glass) in 2005. Wrap around porch overlooks the huge yard! Most personal property in home will stay with new owner and property is being sold as-is, where is.


 104 Somerset St, Rumford, ME
Source: Hebert Realty Group
Unique opportunity to own a home of this style. House has a distinct architectural appearance from the road. Large living room, 2 baths, 4 bedrooms & new furnace. House is waiting for your finishing touches to make it stand out! Manageable yard.


 1003 Edgington Ave, Eldora, IA
Source: Realtor, courtesy of Leonard Realty
$46,500 (offer pending)
Large 4-bedroom historical home close to downtown has charm galore! Original woodwork and two sets of stair to second floor are unique features. This has the potential to be a unique bed and breakfast property.


 517 Park Ave, Johnstown, PA
Source: Realtor, courtesy of Speicher Select Properties
An unique opportunity! This stately Victorian on tree-lined Park Avenue in historic Moxham is ready for an owner who will restore it to its past glory. It is sold in AS-IS condition. After restoration you can enjoy spacious living surrounded by original hardwood floors and woodwork, with plenty of room for all your needs. Close to Central Avenue and Ohio Street, giving easy access to Conemaugh Hospital, schools, shopping, and transportation. Call today to discuss the options available for this property!


 413 S Archer St, Henrietta, TX
Source: Realtor, courtesy of Hirschi Realtors Inc
Lots of potential in this historic home. 3 bedrooms with tons of charm and architectural details. Has a 2 car detached garage with an apartment above it and sits on a corner lot. Needs someone to come in and finish this 100 year old charmer.


 305 S Bloomington St, Streator, IL
Source: Realtor, courtesy of Washington Square Realtors
$49,900 (foreclosure)
Beautiful stained glass windows, 2 kitchens, 4 large bedrooms, and 2 full baths. Second kitchen has many possible uses. Covered porches on the front as well as the side of this stately home. Detached 3 car garage provides additional storage. Elegant winding staircase, and 2 sets of French doors add character to all this home has to offer.


 105 Oakwood Rd, Charleston, WV
Source: Old Colony Company
Own your very own rustic log cabin in South Hills! 1 bedroom, 1 bath log home with hardwoods on a .21 acre lot.


 113 N Broad St, Orient, IA
Source: Creston Realty
Old Masonic Lodge built in 1925 with original millwork, 5 panel solid wood doors, hardwood floors and period-style pendant chandeliers. Both main floor and lower level have large open spaces – suitable for any large gatherings. Kitchen has two serving windows and built-in pantry. Many many possibilities…. community fitness center, music hall or dance studio, art gallery, retail, church, destination restaurant … be creative! Could also be turned into a large residential home or bed & breakfast. Some options may require zoning change.


 304 Cross St, Newcomerstown, OH
Source: Ron Hickman Grapevine Real Estate
Bring this Queen Anne home with tower back to its original glory! *3 bedrooms, 1-1/2 bathrooms, attached garage* *beautiful woodwork, most hard wood floors, large rooms, pocket doors* *Nice neighborhood, priced right at $49,900 to add your personal touch & make it a beauty*


 411 N Hickory St, Joliet, IL
Source: Realtor, courtesy of EXIT Realty Redefined
Diamond in the Rough – This historical home is in need of complete rehab. Gorgeous Wood Work including Grand Entrance… Four Bedroom Home, Two and Half Car Garage. Sold As-Is…


 441 S Highland Ct, Montgomery, AL
Source: CENTURY 21 Brandt Wright Realty, Inc.
No property description given.


 651 N Main St, Kenton, OH
Source: Realtor, courtesy of Royer Realty LLC
$49,900 (offer pending)
Vintage character! This Victorian home built in 1870 has great potential! Large rooms, high ceilings, hardwood floors, decorative wood moldings, fireplace, big windows, covered front porch, fenced back yard, one car detached garage plus an updated kitchen! 9 rooms, 5 bedrooms with one on main level, full bath and large walk-in closet upstairs and main level laundry in kitchen. Call today to see this spacious home! Lots of potential! Cash, conventional or rehab loans only.


 749 N 31st St, Milwaukee, WI
Source: Realtor, courtesy of Jason Scott Realty & Management, LLC
$12,000 (pinch me!)
Be prepared to own a little piece of city of Milwaukee history. This home built in the late 1800’s has tons of potential to offer! This is strictly for an owner occupant buyer. Beautiful old world charm & natural lighting throughout the entire property.O/O A historic Preservation easement will be required and buyer must complete a reduced unit permit application and pay associated fees. These can be obtained through the City. Please see http://city.milwaukee.gov/HistoricHouses for more information.


 848 Vine St, Poplar Bluff, MO
Source: Mossy Oak Properties Mozark Realty
Known as the “Castle on Vine”, this one-of-a kind Victorian style home is rich in Poplar Bluff history and is a clean slate to add your own personalization. Channel your inner Chip and Joanna to make this a great Bed & Breakfast, Boutique, Museum or venue. The electric has been updated on the main level. This home is part of the Missouri Preservation Society and can be tax deductible to restore.


 2101 Christine Ave, Anniston, AL
Source: ERA King Real Estate
Own a Piece of Anniston’s History. 2101 Christine Avenue is listed as a contributing resource in the National Register nomination for the East Anniston Historic District. This house is one of the few surviving resources in the city associated with the Noble family. Samuel Noble and Daniel Tyler founded the Woodstock Iron Company in 1872 and built what would become the City of Anniston (incorporated in 1879). The house is also one of the few houses in the city to be constructed before 1890. A lot of history lives here and is worth the viewing and use your imagination on restoring a piece of history. Call today for your private tour of this great opportunity. Seeing is Believing!!!


 6026 Lookout St, Saint Joseph, MO
Source: Realtor, courtesy of Berkshire Hathaway HomeServices Stein & Summers Real Estate
This grand, 1912 home is begging for your personal touch. This little area is a wonderful hidden gem in town! Great views and almost a half acre lot. Sitting up high on the appropriately named Lookout Street, the home is livable at the moment and utilities are on and are working! Yes it’s a fixer upper, but you can move in this one and work on it. Oh the potential! Pocket doors and hardwood floors. Robust fireplace mantle. Let the amazing craftsman details all over the home be a reminder of the rich past that St. Joseph boasts.


 217 S Boush St, Roper, North Carolina
Sources: CIRCA Old Houses and Zillow, courtesy of Riverfront Realty of Eastern NC, LLC
Beautiful elegance describes this stately home built in 1918 in downtown Roper. Large windows, graceful mantels, high ceilings, solid wood doors, brass chandeliers, beautiful woodwork and stained glass are just a few of the features of this home. Located on a large lot with mature trees and landscaping the setting provides a great backdrop for this property. The home is being sold as is and does need some work but the bones are great and the potential is unlimited.

Love cheap, beautiful old houses?

Follow CIRCA’s Instagram feed at @CheapOldHouses, on which we showcase only gorgeous historical homes for sale for under $100,000.
Elizabeth is the founder of CIRCA and a practicing writer, architectural historian and preservation consultant living in Nyack, 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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