Mishawaka Homes under $150,000

Welcome to Mishawaka, Indiana—a charming city nestled in the heart of St. Joseph County, where small-town warmth meets modern convenience. Known for its vibrant community spirit and rich history, Mishawaka offers a delightful blend of urban amenities and natural beauty. Residents enjoy access to picturesque parks, scenic trails along the St. Joseph River, and a variety of local shops and restaurants that showcase the best of Midwestern hospitality.

For those seeking affordable housing options, Mishawaka is a hidden gem. With numerous homes available for under $150,000, it presents an incredible opportunity for first-time buyers, families, and investors alike. Whether you’re looking for a cozy bungalow, a charming ranch-style home, or a quaint cottage, the real estate market here is diverse and inviting.

Mishawaka’s homes often feature classic architectural details, spacious yards, and friendly neighborhoods that foster a sense of belonging. The city is also conveniently located near major highways, making commuting to nearby South Bend and other surrounding areas a breeze.

In addition to its affordability, Mishawaka is home to excellent schools, a robust community calendar filled with events, and a welcoming atmosphere that makes it easy to feel at home. If you’re searching for a place where you can settle down and thrive, Mishawaka, IN, with its charming homes under $150,000, is the perfect destination. Discover your dream home in this delightful city, where every day feels like a warm embrace!

Newest Mishawaka Homes under $150,000

$115,000

2 Beds ⋅ 1 Baths ⋅ 202641023 MLS ⋅ 912 SqFt. ⋅ Derek Wright

Great Location. Penn Schools. Nice 2-bedroom 1 bath home ready for the next owner(s) to make a home, a flip or a rental. Currently rented, showings will need to be during available time periods.

13029 Mckinley Hwy, Mishawaka

Listing courtesy of Derek Wright from Front Door Real Estate Team. Cell: 574-360-3392

$150,000

2 Beds ⋅ 1 Baths ⋅ 202640957 MLS ⋅ 1,248 SqFt. ⋅ Paige Corbalis

At $150,000, this 2 bedroom, 1 bath home has a lot to offer! Start with the covered front porch, then step inside to a surprisingly spacious living room filled with natural light from all the windows! Original hardwood floors run throughout much of the main level and add plenty of character, while the bathroom keeps some vintage charm with a clawfoot style tub and even a laundry chute! Downstairs, the partially finished basement gives you additional space for a rec room, hobbies, home gym or whatever fits your needs, while the unfinished portion provides laundry and storage. Outside, the fenced backyard offers room to enjoy, plus a 12x18 outbuilding that was previously used as a garage. A prior owner enclosed the garage opening, but the structure offers plenty of potential for storage, a workshop or possible conversion back to garage use. An affordable home with good bones, character and plenty of opportunity to make it your own!

202 Strathmoor Ave, Mishawaka

Listing courtesy of Paige Corbalis from Brick Built Real Estate. Cell: 574-222-7086

$100,000

2 Beds ⋅ 1 Baths ⋅ 202640605 MLS ⋅ 920 SqFt. ⋅ Wayne Ryan

Ready to start building equity? Or maybe you’re looking for your next investment opportunity? Here’s your chance to own a Mishawaka property with plenty of potential. With a little vision and the right updates, this house could become a home again! Be greeted by the welcoming sunroom, followed by a spacious living room and two generously sized bedrooms. A breezeway connects the home to the one-stall attached garage and offers additional flexible space that could be used as a mudroom, home office, or whatever fits your needs. Downstairs, the basement provides additional storage and a laundry area, with room to make the space work for you. Conveniently located near shopping, parks, dining, and everyday amenities, this property is waiting for the right person to bring it back to life. Bring your ideas, roll up your sleeves, and come see the potential for yourself!

915 Jackson St, Mishawaka

Listing courtesy of Wayne Ryan from McKinnies Realty, LLC. Office: 574-271-3440

$139,000

3 Beds ⋅ 1 Baths ⋅ 202640356 MLS ⋅ 1,008 SqFt. ⋅ Tyler Glenn

Lovely 3 bedroom 1 bath centrally located in the heart of Mishawaka. This home has a 1 car garage with additional storage area. Paved alley access with extra parking the back yard. Very unique floor plan. Seller has decided to sell in "as is" condition and has priced accordingly.

1521 E Lincolnway Way, Mishawaka

Listing courtesy of Tyler Glenn from Tiffany Group Real Estate Advisors LLC.

$75,000

3 Beds ⋅ 1 Baths ⋅ 202636761 MLS ⋅ 916 SqFt. ⋅ Jarred Moen

*Seller willing to sell on land contract* This 3-bedroom, 1-bath home is perfectly located just minutes from downtown Mishawaka, offering excellent potential for investors. Whether you’re looking to renovate and flip, or add to your rental portfolio, this property has great upside. The home sits on a nice lot with easy access to local shops, dining, schools, and major employers.

219 Kings Ct, Mishawaka

Listing courtesy of Jarred Moen from eXp Realty, LLC. Cell: 574-850-9308

$101,900

2 Beds ⋅ 1 Baths ⋅ 202634999 MLS ⋅ 600 SqFt. ⋅ Allison Miller

Invest or Move-In. Quaint 2 bedroom 1 bath home that has been thoroughly updated. Located in Mishawaka this property shares a drive with the home located on 4th St. Great affordable opportunity at your fingertips. Property is currently rented month to month for $975 per month and subject to tenants rights.

1617 1/2 E 4th St, Mishawaka

Listing courtesy of Allison Miller from Century 21 Circle. Office: 574-293-2121

$149,900

3 Beds ⋅ 1 Baths ⋅ 202634691 MLS ⋅ 1,248 SqFt. ⋅ Joydeen Smith

930 Dodge Ave, Mishawaka

Listing courtesy of Joydeen Smith from SUNRISE Realty. Office: 574-202-2820

$129,500

2 Beds ⋅ 1 Baths ⋅ 202632028 MLS ⋅ 876 SqFt. ⋅ Tim McKinnies

Welcome to this tastefully updated 2 bed 1 bath Mishawaka charmer! This gem of a home is near the beautiful and fun Mary Gibbard Park, by shopping, and is situated on a spacious lot with 3 sheds, one being she shed style, perfect for a home office or art studio. Included in the sale will be a new appliance package that will be installed before close. Bring your vision to this listing and make it your home!

803 Carlton St, Mishawaka

Listing courtesy of Tim McKinnies from McKinnies Realty, LLC. Cell: 574-274-8275

$101,900

2 Beds ⋅ 1 Baths ⋅ 202630009 MLS ⋅ 600 SqFt. ⋅ Allison Miller

1617 1/2 E 4th St, Mishawaka

Listing courtesy of Allison Miller from Century 21 Circle. Office: 574-293-2121

$130,000

2 Beds ⋅ 1 Baths ⋅ 202628983 MLS ⋅ 768 SqFt. ⋅ Michelle Kison

Charming Single-Story Home — Minutes from the St. Joseph River. A solid, well-maintained 2-bedroom, 1-bath home, on a double lot, offering room to garden, entertain, or simply enjoy the outdoors. A detached 2-car garage with a newer door in 2026. Inside, you'll find major updates: windows and doors have been replaced, and furnace 5 years. Close to schools, St. Joseph River and the Mishawaka Riverwalk. Roughly a mile away, connecting you to miles of trails, Central Park's splash pad and pickleball courts, Battell Park's historic bandshell, and the seasonal ice rink at Ironworks Plaza. Grape Road retail corridor and University Park Mall are a quick 5–10 minute drive, and downtown Mishawaka's breweries, cafés, and restaurants are even closer.

1514 Maplehurst Ave, Mishawaka

Listing courtesy of Michelle Kison from Cressy & Everett - South Bend. Cell: 574-286-1323

$145,000

2 Beds ⋅ 1 Baths ⋅ 202622101 MLS ⋅ 725 SqFt. ⋅ Dodie Gerger

Cute bungalow!! Perfect starter home or investment property!! 2 Bedroom 1 Bath. 1 car detached garage, full basement ready to be finished, just needs your vision to come to life! Fenced in back yard. Newer Vinyl Windows, Roof, gutter and downspouts!! City water and sewer. Close to schools, shopping and parks! Welcome Home to Mishawaka!

1009 Geyer Ave, Mishawaka

Listing courtesy of Dodie Gerger from SUNRISE Realty. Cell: 574-370-8466

$125,000

3 Beds ⋅ 2 Baths ⋅ 202623404 MLS ⋅ 1,504 SqFt. ⋅ Steve Weldy

Investor opportunity in Penn Schools! This 3-bedroom, 2-bath home is situated on a valuable 1+ acre lot on Dragoon Trail, just south of Mishawaka. Features include a living room with a fireplace, large family room, main floor laundry, a detached 1-car garage. and a convenient circular driveway. The property is in need of significant repairs and has extensive termite damage. Great potential for renovation, or land investment. Buyer should be aware that the City of Mishawaka will require connection to city water and sewer upon transfer. Property is being sold as-is. Square footage and measurements are approximate. Buyer to verify school assignments.

516 E Dragoon Trl, Mishawaka

Listing courtesy of Steve Weldy from Weichert Rltrs-J.Dunfee&Assoc..

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.