Downtown Homes under $500,000

Welcome to Downtown, a vibrant and bustling subdivision that perfectly captures the essence of urban living while offering a sense of community and charm. Nestled in the heart of the city, Downtown is an ideal destination for those seeking the convenience of city life without sacrificing comfort or affordability.

One of the most appealing aspects of Downtown is the accessibility to a variety of homes priced under $500,000. Whether you're a first-time homebuyer, a young professional, or looking to downsize, this area boasts an impressive selection of properties that cater to diverse lifestyles and budgets. From cozy condos with modern amenities to charming townhouses that exude character, you’ll find options that fit your needs perfectly.

Living in Downtown means you’re just steps away from a plethora of dining, shopping, and entertainment options. Stroll through the lively streets and discover trendy cafes, boutique shops, and cultural attractions that make this neighborhood truly special. Parks and green spaces are also abundant, providing a serene escape from the hustle and bustle of city life.

Moreover, Downtown’s strong sense of community is evident in its friendly neighbors and local events that foster connection and engagement. With excellent public transportation links and a walkable layout, commuting is a breeze, allowing you to fully embrace the vibrant lifestyle that Downtown has to offer.

If you’re ready to explore the exciting opportunities available in Downtown, let us guide you to your dream home under $500,000. Experience the best of urban living without compromising on quality or affordability!

Newest Downtown Homes under $500,000

$269,000

4 Beds ⋅ 2 Baths ⋅ 3610378 MLS ⋅ ACTIVE Status ⋅ 0.27 Acres ⋅ 37055 Zip Code

Completely renovated. Open living area concept. Large covered front porch and back deck (partially covered). Walking distance to town.

202 Cherry St, Dickson

$265,000

3 Beds ⋅ 2 Baths ⋅ 3610328 MLS ⋅ ACTIVE Status ⋅ 0.37 Acres ⋅ 38462 Zip Code

Live here. Work here. Invest here. A unique property with prime location, character and flexibility in the heart of Hohenwald! This charming 1949 renovated tudor-style cottage offers the perfect blend of character, updates and versatility with major 2025 updates. Just minutes from and within walking distance of historic downtown Hohenwald. Beautifully renovated with 3 Bedrooms & 2 full baths, new Samsung stainless steel appliances, granite countertop, fresh paint, new flooring and PVC plumbing. The big-ticket items are already done—roof, HVAC and water heater all replaced in 2025! Enjoy a great yard plus an unfinished basement with sump system for additional storage. Currently used as a residental property, however, the property’s C-2 zoning opens the door to numerous potential uses, including administrative services, consumer repair, entertainment, food & beverage, general retail, medical and professional services, and more. (See Zone Uses Sheet in Documents Section) *French Glass Door to be repaired* Unfinished basement with 1,134 sq ft.

206 W Main St, Hohenwald

$284,000

5 Beds ⋅ 3 Baths ⋅ 3594352 MLS ⋅ ACTIVE Status ⋅ 0.29 Acres ⋅ 42240 Zip Code

**MOTIVATED SELLER — BRING YOUR OFFER!** This fully renovated and move-in-ready 5-bedroom, 3-full-bath home offers spacious living, a flexible layout, and plenty of room to make it your own. The **main-level primary suite** provides added convenience, along with a second bedroom on the main floor and **three additional bedrooms upstairs**. With generous living space and a versatile floor plan, this home provides plenty of options for a growing household, guests, or those who simply want room to spread out. Outside, you'll find a **large parking area** and an **easy-to-maintain lawn**, giving you the convenience of ample parking without a lot of yard maintenance. Located approximately **20 minutes from Fort Campbell**, the property is conveniently situated near shopping, schools, and nearby historic districts.

1506 S Clay St, Hopkinsville

$389,900

3 Beds ⋅ 2 Baths ⋅ 3516278 MLS ⋅ ACTIVE Status ⋅ 0.15 Acres ⋅ 37055 Zip Code

Walk into instant equity!! Priced BELOW Appraisal Value! A fantastic Vintage Home for a Buyer seeking a home with real character! Charming 1918 Cottage 2 minutes walk to Downtown Main Street with 11 ft Ceilings & many Original Features. Understated from the exterior, this well maintained jewel 3 Bed, 2 Bathroom home is much larger than it appears. Well-Preserved Turn-of-the-Century home is “turn key” with modern conveniences. Walk into an impressive Original Wood-Detailed Front Room with floor-to-ceiling built-in Bookcases & Custom Barn Doors that lead to an Office/Den featuring a Decorative Fireplace. The Formal Dining Room features wood wall detail with a working Gas Fireplace and an Oak Staircase that leads to a huge upstairs Bedroom with space for a sitting area & desk including a large closet/attic expansion for all your storage items. The large light-filled Vintage Kitchen is a perfect complement to the house where both gas or electric can be used for cooking needs. Perfect for entertaining, a Large Ground Floor Living Room Addition that includes a second Gas Fireplace & Full Bathroom, Laundry with Pantry, plus an enclosed Back Porch leading out to the backyard where a newly roofed shed with electricity has storage for all your gardening needs. Two more Bedrooms are located ground level with the Main Bathroom that includes a Claw Foot Tub. With a Full HVAC System & 2 Gas Fireplaces, this home provides comfort no matter the temperature outside (and quite comfortable during the ice storm last January)! Surrounded by a White Picket Fence with lovingly tended old growth perennials 209 Murrell Street has all the charm and comforts for anyone seeking a classic Vintage home with access to all of Dickson’s top restaurants and attractions. See attached walk thru video. DO NOT ENTER ANY PART OF THE PROPERTY WITHOUT PRIOR APPOINTMENT. $1500 Lender Incentive for qualified Buyers that use Primis Mortgage. Contact Amber Morrissey at Primis (731) 343 2510

209 Murrell St, Dickson

$125,000

3512504 MLS ⋅ ACTIVE Status ⋅ 42240 Zip Code

Investment opportunity in a convenient Hopkinsville location! This five-unit multifamily property at 700 E 7th St offers an excellent opportunity for investors seeking rental income and long-term potential. The property features five separate residential units, providing multiple income streams from a single asset. Conveniently located near local shopping, dining, schools, employment, and other community amenities. With its multifamily layout and established location, this property offers flexibility for an investor looking to build or expand a rental portfolio. Whether you're an experienced investor or looking for an income-producing property, this five-unit building is worth a closer look. Schedule your showing today to explore the possibilities this property has to offer. Buyer and buyer's agent to verify all information, including unit details, dimensions, zoning, utilities, rents, expenses, and intended use. Owner owns 702 S Clay St for a package deal $325,000.

700 E 7th St, Hopkinsville

$136,000

3 Beds ⋅ 2 Baths ⋅ 3226526 MLS ⋅ ACTIVE Status ⋅ 1 Acres ⋅ 37033 Zip Code

Bring your vision and make this property your own! This home has already undergone extensive renovations, saving the next owner significant time and expense. The floor plan has been framed for 3 bedrooms and 2 full bathrooms on the main level, with an additional 2 bedrooms and a laundry area framed in the basement. Major upgrades have already been completed, including a new roof, HVAC ductwork, windows, double glass rear doors, subflooring, electrical system, and plumbing. With the structural and mechanical work already in place, this property is ready for the finishing touches that will transform it into a beautiful residence or investment opportunity. Sold as-is. Cash or conventional financing only. A rare chance to complete a nearly rebuilt home to your own taste and style!

110 Cherry St, Centerville

$434,900

4 Beds ⋅ 2 Baths ⋅ 3197552 MLS ⋅ ACTIVE Status ⋅ 0.33 Acres ⋅ 37040 Zip Code

New HVAC AND WATER HEATER! Beautifully maintained historic Craftsman offering approximately 2,900 sq. ft. in a highly walkable location near downtown, F&M Bank Arena, the farmers market, local boutiques, restaurants, and coffee shops. This charming home features 4 bedrooms, 2 full baths, 2 full kitchens, granite countertops, updated appliances, a large upstairs bonus room, and a dedicated office. Blending timeless character with modern updates, the home also offers flexible living potential. The property offers separate upstairs living area that can fuction independently from the main level. Furniture is negotiable for a move-in-ready opportunity. The house was recently used as two separate rentals.

440 N 2nd St, Clarksville

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.