Decatur Homes under $500,000

Decatur Homes under $500,000

Welcome to Decatur, Tennessee – a charming gem nestled in the heart of the Volunteer State. Known for its picturesque landscapes and friendly community, Decatur offers a blend of small-town charm and modern conveniences. With its rich history, vibrant local culture, and access to stunning natural beauty, it’s no wonder that Decatur is becoming a sought-after destination for homebuyers.

Decatur's location along the Tennessee River provides residents with ample opportunities for outdoor recreation, including fishing, boating, and hiking. The town's serene environment is complemented by a tight-knit community that hosts various events throughout the year, fostering a sense of belonging and camaraderie among neighbors.

For those looking to settle down in this idyllic town, Decatur has a variety of homes available for under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll find a diverse selection of properties that cater to all lifestyles. From charming single-family homes with spacious yards to modern townhouses with contemporary designs, there’s something for everyone.

The affordability of homes in Decatur makes it an attractive option for buyers seeking value without compromising on quality of life. With excellent schools, local shops, and dining options, you’ll find everything you need right at your doorstep.

Explore the possibilities that await you in Decatur, TN, where your dream home is just waiting to be discovered. Embrace the warmth of this wonderful community and make Decatur your new home today!

Newest Decatur Homes under $500,000

132 Burkett Chapel Rd, Decatur
$220,000
2 Beds ⋅ 2 Baths ⋅ 1352100 MLS
Welcome to the kind of home that's easy to fall in love with from the moment you walk through the door. Completely renovated in 2023, this move-in ready property offers the peace of mind of modern updates while creating a warm, inviting space you'll be proud to call home. Inside, you'll immediately notice how open and spacious the home feels. The oversized living room flows effortlessly into a generous kitchen, creating an ideal gathering space that's rarely found in a home of this size. Whether you're hosting family holidays, weekend get-togethers, or simply enjoying a quiet evening at home, the layout was designed to bring people together. Step outside and you'll find even more to love. Situated on a flat, usable 0.82-acre lot, there's plenty of room for pets, gardening, outdoor games, or simply enjoying the open space. The back patio provides the perfect setting for morning coffee, grilling with friends, or unwinding after a long day while taking in the peaceful surroundings. A standout feature is the detached shop, offering endless possibilities. Whether you need a workshop, extra storage, a home gym, or hobby space, this versatile building adds value and flexibility that many properties simply can't offer. Whether you're searching for your first home, a peaceful weekend retreat, or a turnkey property with room to grow, this home delivers the complete package. With extensive updates already completed, functional indoor and outdoor living spaces, a versatile shop, and nearly an acre of usable land, this is more than just a home, it's a place where your next chapter can begin.

132 Burkett Chapel Rd, Decatur

5668 State Highway 58, Decatur
$260,000
1 Beds ⋅ 1 Baths ⋅ 1351610 MLS
Discover exceptional flexibility with this newly constructed 2,100-square-foot multi-use metal building, designed to fit a variety of lifestyles and business needs. Whether you're an automotive enthusiast seeking the ultimate garage, an outdoor adventurer looking for a secure basecamp, a small business owner needing a versatile workspace, or someone dreaming of a custom barndominium, this property is ready for your vision. The building is fully plumbed and wired and includes a new septic system, full bath with walk-in shower, washer and dryer hookups, and a galley kitchen area ready for your finishing touches. Features include an interior RV hookup with waste disposal connection, one 14-foot roll-up door, two 10-foot roll-up doors, two 36-inch entry doors, bright LED lighting throughout, exterior lighting, and a covered front porch. Buyers interested in creating a live-work space can customize the interior with optional floor plans available for an additional fee. Outside, enjoy a level front yard with ample room for parking, expansion, or equipment storage, plus a private side yard perfect for a fire pit, outdoor entertaining, or relaxing after a day of adventure. Ideally located less than two miles from a public boat ramp and just minutes from the scenic Hiwassee River, this property offers easy access to boating, fishing, kayaking, and year-round outdoor recreation. Enjoy the peace of country living while remaining only 20 minutes from downtown Cleveland and approximately 30 minutes from Chattanooga for shopping, dining, healthcare, and entertainment. Whether you're looking for a workshop, recreational retreat, investment property, or future home, this one-of-a-kind property offers outstanding versatility, modern conveniences, and endless possibilities. Schedule your private showing today.

5668 State Highway 58, Decatur

5551 River Road, Decatur
$495,000
1349183 MLS
Income-Producing Investment Opportunity! Exceptional opportunity to own a well-established income-producing property alongside the beautiful Chickamauga River with tremendous investment potential. This unique property features a total of 9 rental units, including 8 cabins, & 1 single-wide manufactured home. The property includes eight 2-bedroom, 1-bath cabins, a 3-bedroom, 2-bath single-wide, providing a diverse mix of rental opportunities. Current owners generate approximately $5,200 in gross monthly rental income, totaling approximately $62,400 annually, with the cabins renting for $550 per month each and the single wide mobile home renting for $800 per month. Situated along the river, this property offers direct access to excellent fishing and a peaceful natural setting that appeals to both long-term tenants and short-term vacation guests. Investors may choose to continue the current long-term rental operation or explore the potential for vacation rentals, Airbnb cabins, corporate housing, or other income-producing ventures, subject to local regulations and approvals. Whether you're looking to expand your investment portfolio or own a versatile riverside property with established income and future upside, this one-of-a-kind opportunity is not to be missed. Schedule your private showing today and discover the possibilities this exceptional property has to offer. Cabins are zoned commercial. Buyer to verify all pertinent information.

5551 River Road, Decatur

1674 Goodfield Rd, Decatur
$449,000
3 Beds ⋅ 2 Baths ⋅ 1348787 MLS
NEW PRICE -- • NEGOTIABLE TERMS • AMAZING OPPORTUNITY 12 ACRES • NO RESTRICTIONS • FENCED & CROSS-FENCED • CLEARED PASTURE • 3 BED / 2 BATH HOME • BARN • GARAGE/WORKSHOP Finding acreage is one thing. Finding acreage that's already cleared, fenced and cross-fenced--with a move-in-ready home, detached garage/workshop, barn and the infrastructure for country living already in place--is something entirely different. Before you buy land and start building, take a look at what is already here. Welcome to 1674 Goodfield Road in Decatur, where approximately 12 acres of East Tennessee countryside offer the opportunity to start living the lifestyle you've been planning instead of starting from scratch. Much of the property is clear, usable pasture that's already fenced and cross-fenced, creating established areas for horses, cattle or other livestock. A smaller wooded area provides natural shade, privacy and a peaceful place to enjoy the Tennessee countryside. Then there's the home. The approximately 1,803-square-foot, 3-bedroom, 2-bath home gives you a comfortable place to live from day one, plus a dedicated office offering additional flexibility for working from home, hobbies or everyday living. Need room for vehicles, equipment, tools or projects? It's already here. The detached garage/workshop provides the kind of space many acreage buyers eventually plan to build. There's also a barn for livestock, feed, equipment or storage and a stylish chicken coop** ready for another piece of the homestead lifestyle. WHY START FROM SCRATCH? If you've been looking at vacant land and thinking about building, consider everything that still comes after purchasing the acreage--preparing the property, creating pasture, installing fencing and cross-fencing, building a home, adding a garage or workshop, constructing a barn and developing the property into the place you originally envisioned. At 1674 Goodfield Road, much of that work has already been done. Move in. Bring the horses. Bring the livestock. Plant your garden. Raise chickens. Work in your shop. Walk your own acreage. Sit beneath the trees and enjoy the quiet. For the buyer relocating to East Tennessee, this is an opportunity to arrive with the country setting already established. For the local buyer debating between purchasing land and building or buying an existing property, **compare the complete package--not simply the price of the acreage. 12 acres. No restrictions. Cleared pasture. Fenced and cross-fenced. Move-in-ready home. Detached garage/workshop. Barn. Chicken coop. Woods and privacy. You don't have to buy the land today and spend the next several years trying to turn it into the property you've been dreaming about. It's already here. 1674 Goodfield Road -- come home to East Tennessee and start living the dream now.

1674 Goodfield Rd, Decatur

5660 State 58, Decatur
$260,000
1 Beds ⋅ 1 Baths ⋅ 1348575 MLS
Discover exceptional flexibility with this newly constructed 2,100-square-foot multi-use metal building, designed to fit a variety of lifestyles and business needs. Whether you're an automotive enthusiast seeking the ultimate garage, an outdoor adventurer looking for a secure basecamp, a small business owner needing a versatile workspace, or someone dreaming of a custom barndominium, this property is ready for your vision. The building is fully plumbed and wired and includes a new septic system, full bath with walk-in shower, washer and dryer hookups, and a galley kitchen area ready for your finishing touches. Features include an interior RV hookup with waste disposal connection, one 14-foot roll-up door, two 10-foot roll-up doors, two 36-inch entry doors, bright LED lighting throughout, exterior lighting, and a covered front porch. Buyers interested in creating a live-work space can customize the interior with optional floor plans available for an additional fee. Outside, enjoy a level front yard with ample room for parking, expansion, or equipment storage, plus a private side yard perfect for a fire pit, outdoor entertaining, or relaxing after a day of adventure. Ideally located less than two miles from a public boat ramp and just minutes from the scenic Hiwassee River, this property offers easy access to boating, fishing, kayaking, and year-round outdoor recreation. Enjoy the peace of country living while remaining only 20 minutes from downtown Cleveland and approximately 30 minutes from Chattanooga for shopping, dining, healthcare, and entertainment. Whether you're looking for a workshop, recreational retreat, investment property, or future home, this one-of-a-kind property offers outstanding versatility, modern conveniences, and endless possibilities. Schedule your private showing today.

5660 State 58, Decatur

571 Goodfield Rd, Decatur
$409,900
3 Beds ⋅ 1 Baths ⋅ 1346543 MLS
Back on the market due to buyer lost financing! Second chances do exist, let's get you in to see this beautiful property that has already went through inspections, survey and appraisal! Situated on 4.87 acres just minutes from the lake, this well-maintained 3-bedroom, 1-bath home offers a combination of comfortable living and exceptional outbuildings. Built in 1976, the home features approximately 1,325 square feet of living space and is served by natural gas, city water, septic system, underground utilities, and high-speed internet availability. Recent improvements include a roof approximately 2 years old, HVAC system approximately 4 years old, and water heater approximately 5 years old, providing added value and peace of mind. The property is well-equipped for buyers needing workshop space, storage, or covered parking. A 30x40 detached garage includes heat and air, a trolley hoist beam and a 20-foot overhang with four exterior bays. The 40x24 carport features a 16-foot overhang and eight covered bays, offering ample space for vehicles, RVs, boats, trailers, or equipment. A 12x16 storage shed with a 10-foot overhang provides additional storage. Located just outside the Decatur city limits, this property offers the convenience of nearby amenities while providing room to spread out on nearly five acres. With its functional improvements, versatile outbuildings, and proximity to the lake, this property is ready for its next owner. Buyer to verify all information including square footage, acreage, utility availability, school zones, and any information important to the purchase.

571 Goodfield Rd, Decatur

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