Downtown Homes under $500,000

Welcome to Downtown, a vibrant urban oasis nestled in the heart of Washington State. This dynamic neighborhood offers a unique blend of modern living and rich history, making it an ideal place to call home. With its bustling streets, eclectic shops, and a diverse array of dining options, Downtown is the perfect spot for those who crave the excitement of city life while still enjoying a sense of community.

One of the standout features of Downtown is its accessibility. With excellent public transportation options and a walkable layout, residents can easily explore the area’s many attractions, from art galleries and theaters to parks and waterfront views. The neighborhood is alive with cultural events, farmers' markets, and seasonal festivals, ensuring there’s always something happening just steps from your front door.

For those looking to invest in their future without breaking the bank, Downtown offers a variety of homes priced under $500,000. Whether you’re seeking a chic studio apartment with stunning skyline views or a cozy townhouse with character, this neighborhood has something for everyone. These affordable options make it possible to enjoy the perks of urban living without compromising on quality or style.

In Downtown, you’ll find a welcoming community that embraces diversity and fosters connections among residents. With a strong sense of pride and an array of amenities, it’s no wonder that this neighborhood is becoming one of the most sought-after locations in Washington. Discover the charm of Downtown and the perfect home waiting for you!

Newest Downtown Homes under $500,000

$239,000

3 Beds ⋅ 1 Baths ⋅ 2590973 MLS ⋅ ACTIVE Status

DEVELOPER ALERT! Prime .22-Acre Downtown Puyallup. Bring your vision and create something truly special in this established and desirable Puyallup community. Situated on a beautiful residential street with sidewalks, paved streets, and well-maintained surrounding properties, this property offers an exceptional opportunity for redevelopment in a location where homes are highly sought after. Easy access to I-5 and 512 makes commuting throughout Pierce County and the South Sound convenient. Incredible transit-oriented development opportunity situated directly across from Sparks Stadium and just a 0.7-mile to the Puyallup Sounder Station. All primary utilities (Sewer, Power, Water) are actively connected on-site, saving you in system development charges and hookup fees. Zoned RS-06 and WA Middle Housing provisions, this level lot offers massive potential for a high-end duplex, triplex, or a custom home + detached ADU. Buyer to verify all building restrictions with the City of Puyallup. Sold AS-IS.

615 5th Avenue SW, Puyallup

Listing Broker: Windermere Central Sound; DiNero Williams; 253-861-2782; DiNero@Royal-T.homes

10628 60th Street Court E Unit #140, Puyallup

$75,000

2 Beds ⋅ 2 Baths ⋅ 2590960 MLS ⋅ ACTIVE Status

Welcome to this 2-bedroom, 2-bathroom manufactured home in the Golden Rose community of Puyallup. With 1,340 sq ft of living space, this home offers a comfortable layout and several recent updates, including a brand-new hot water tank, new mirrors, and redone plumbing. The property also features a convenient carport for covered parking. Conveniently located near shopping, dining, parks, and other everyday amenities. A great opportunity to make this home your own in a convenient Puyallup location.

10628 60th Street Court E Unit #140, Puyallup

Listing Broker: LPT Realty LLC; Austin Hellickson; 253-300-1000; offers@Hellickson.com

901 N Forest Street Unit #123, Bellingham

$269,900

1 Beds ⋅ 1 Baths ⋅ 2590127 MLS ⋅ ACTIVE Status

Live in the heart of downtown Bellingham! This updated 1 bedroom plus office/bonus room condo in the popular Orchard Terrace puts you just steps from the best of the city: local coffee shops, restaurants, breweries, the Farmers Market, Mount Baker Theatre, and the Whatcom Museum, with easy access to Boulevard Park, the waterfront trails, and WWU. Inside, hardwood floors flow throughout a spacious living area, a nice-sized bedroom, and an updated eat-in kitchen. The den works well as a home office, guest space, or hobby room. A full bathroom and your own entrance to the outside round out the home. A 6x8 private storage unit adds room for bikes, gear, and seasonal items. Downtown convenience, low-maintenance living, and a smart value. Investors take note: one rental opening is currently available in the complex, a rare opportunity in a rental-capped building. Whether you're looking for a downtown home or an income property, this one checks the boxes.

901 N Forest Street Unit #123, Bellingham

Listing Broker: eXp Realty; Cody Stacy; 360-223-5799; cody@codystacy.com

$425,000

1 Beds ⋅ 1 Baths ⋅ 2590420 MLS ⋅ ACTIVE Status

Step into the timeless appeal of this beautifully maintained Craftsman, where classic character meets modern comfort right in the heart of Renton. From the moment you pull up, the covered front porch invites you to slow down and stay a while—it’s the perfect spot for a morning coffee or watching the world go by. Inside, you’ll find the thoughtful details that make these homes so special, including rich millwork, warm wood accents, and a layout that feels both cozy and surprisingly spacious.The heart of the home flows effortlessly from the sun-filled living area into a kitchen designed for easy gathering. Large windows throughout pull in plenty of natural light, highlighting the craftsmanship at every turn. Head out back to discover a private rear yard that offers a true sense of retreat. With convenient alley access, there’s plenty of flexibility for parking or future projects. Whether you’re hosting a summer BBQ or just enjoying a quiet evening under the PNW sky, this outdoor space is a rare find. Positioned perfectly for easy access to local shops, dining, and transit, this home offers the ideal blend of historic charm and urban convenience. It’s not just a house; it’s a place to truly plant roots. Tour today!

448 Pelly Avenue N, Renton

Listing Broker: COMPASS; Kyle Walker; 509-930-1508; kyle.walker@compass.com

$499,950

2 Beds ⋅ 2 Baths ⋅ 2590590 MLS ⋅ ACTIVE Status

Wonderful city views from this 14th floor corner unit with an abundance of windows and light. Enjoy the outdoors and take in the sun on the spacious deck. The kitchen with greenhouse window has wonderful light and overlooks the open living space, brilliant for entertaining. 2 bed, 1.5 bath. Garage parking + storage. Set in the heart of the popular First Hill neighborhood and on the edge the popular Pike/Pine neighborhood with all its shops, restaurants, bars, coffee houses and grocery stores. An easy walk or transit ride to downtown Seattle and South Lake Union. A convenient commute to the Eastside and SeaTac airport.

1120 Spring Street Unit #1404, Seattle

Listing Broker: Windermere Real Estate Co.; Ted Alton; 206-683-0490; Tedalton@windermere.com

$399,000

1 Beds ⋅ 1 Baths ⋅ 2589935 MLS ⋅ ACTIVE Status

NEW PRICE! Don't miss this great one-bedroom at The Emerald in the heart of Seattle. One block from Pike Place! This unit lives large with a sizable bedroom and large closet. Enjoy high windows filling the living room with tons of light. High end finishes make you right at home in a rare kitchen with space for a table. For the views, head up to the 39th floor for the owners’ clubroom with endless west-facing views. City-view room with sliding windows opens to the rooftop patio with a fireplace for year-round enjoyment. Other amenities include a large gym, yoga/dance studio and pet run. Ditch the car with a Walkscore of 99 plus The Emerald’s onsite electric car share program. If you need parking, multiple options available at nearby hotels!

121 Stewart Street Unit #1502, Seattle

Listing Broker: Urban Living; Land Cook; 207-570-9823; land@urbnlivn.com

2760 76th Avenue SE Unit #402, Mercer Island

$399,000

1 Beds ⋅ 1 Baths ⋅ 2589481 MLS ⋅ ACTIVE Status

Affordable, turnkey Mercer Island condo in the sought-after Carlton, just a few blocks to Link Light Rail with easy access to Seattle and the Eastside. Right in the heart of the MI business district, this home boasts an 84 Walk Score. Met Market, Mio Posto, Hap's Burgers, Island Books, Mercerdale Park, LID Park, and the MI Farmer's Market are all just steps away. Fresh interiors throughout with new Pergo Outlast+ laminate wood flooring, fresh interior paint, updated lighting and blinds, newer appliances, and a newer water heater. Cook and entertain with slab granite counters and cherry cabinets, then unwind by the wood-burning fireplace with Cascade Mountain views and a spacious private balcony. One deeded parking space in secure garage on the same level as the unit plus dedicated storage. Building amenities include elevators (2), secure entry and fitness center. Easy living on lovely Mercer Island, with Seattle and the Eastside just a bridge away. Pet-friendly building and no rental cap.

2760 76th Avenue SE Unit #402, Mercer Island

Listing Broker: Windermere West Metro; Chad Dierickx; 206-854-3931; chad@chaddierickx.com

2939 76th Avenue SE Unit #41B, Mercer Island

$280,000

1 Baths ⋅ 2589387 MLS ⋅ ACTIVE Status

Smart, stylish, and surprisingly spacious for its size, this 455-square-foot studio puts Mercer Island living within reach. First-time buyers, downsizers, and investors will all find something to love here. Tucked into the leafy hillside of the Island Habitat Condominiums, this home is ready for you to unpack. Fresh updates to the kitchen, bathroom, and flooring mean there's nothing left to do but settle in. Your dedicated parking spot takes the hassle out of coming home, and the town center is just a short stroll away, with the Farmer's Market, restaurants, parks, and the brand-new Light Rail station all close at hand. Right outside your door, the community cabana offers a fitness area and space to gather, so your living space stretches well beyond your front door. Mercer Island blends small-town calm with quick I-90 access to both Seattle and Bellevue, making this an ideal base for commuters and weekend adventurers alike.

2939 76th Avenue SE Unit #41B, Mercer Island

Listing Broker: John L. Scott, Inc.; Kim Florence; 510-499-7714; Kimflorence@johnlscott.com

$474,050

1 Beds ⋅ 1 Baths ⋅ 2587113 MLS ⋅ ACTIVE Status

Experience downtown Seattle living from the 21st floor! This stylish 1-bedroom condo offers an open, light-filled layout, private deck and impressive city views. Updated kitchen features stainless steel appliances, complemented by a modern bath and hard-surface flooring throughout. Unbeatable location just moments from Pike Place Market, the waterfront, ferries, Seattle Art Museum, shopping, dining and nightlife. Full-service building amenities include 24/7 concierge, expansive owners lounge with outdoor deck, fitness center, pool, hot tub, sauna, business center and guest suite. Exceptional flexibility for owners and investorsshort-term rentals/Airbnb permitted, no rental cap and pets welcome. Enjoy the best of Seattle right outside your door!

1415 2nd Avenue Unit #2106, Seattle

Listing Broker: John L. Scott Arlington; Jocelyn DuPont; 206-669-9129; Jocelyn@thelatchkeyteam.com

$388,000

2 Beds ⋅ 1 Baths ⋅ 2585499 MLS ⋅ ACTIVE Status

A standout for owners and investors alike: there is no HOA rental cap. Inside: refreshed bath, and two storage rooms off the southwest-facing balcony, all overlooking a serene, park-like green space at the core of Bellevue. Assigned parking, a low-maintenance HOA covering water, sewer, garbage, lawn care, and snow removal. Major building improvements include a newer roof and a recently completed building-wide plumbing system upgrade. Walk to Bellevue Collection and the 2 Line light rail, with Bellevue School District schools nearby. The seller has fully paid the costs associated with the plumbing project, with no outstanding special assessment related to this improvement for the future owner.

321 Bellevue Way SE Unit #203, Bellevue

Listing Broker: Real Estate Collection; Angel Hou; 917-856-0657; angel@xceedwa.com

$299,900

1 Beds ⋅ 1 Baths ⋅ 2584125 MLS ⋅ ACTIVE Status

Rare investment opportunity in the heart of the city — no rental cap and no restrictions on short-term rentals, a genuine rarity among downtown Seattle condo buildings. This 1BR/1BA home at the Elektra sits right on "Pill Hill," with Swedish, Virginia Mason, and Harborview all within blocks — a built-in tenant base of traveling nurses and medical staff for anyone thinking investment. You're also a short walk up to Capitol Hill's Pike/Pine corridor for restaurants and nightlife, and an easy flat walk down to the Seattle Convention Center and Pike Place Market. Inside, enjoy updated flooring throughout, in-unit washer/dryer hookups, and windows framing mature tree canopy with skyline glimpses beyond. The kitchen offers a stainless refrigerator, dishwasher, and glass-top range. The Elektra is a well-located concrete high-rise with concierge service, a community room, guest suite, and two rooftop decks with 360-degree views — sunset over the Sound, and skyline in every direction. There's also a dedicated pet area for easy walks with your four-legged roommate.

1400 Hubbell Place Unit #1111, Seattle

Listing Broker: Keller Williams Realty PS; Brett Safford; 503-970-1322; brettsafford@kw.com

$445,000

3 Beds ⋅ 1 Baths ⋅ 2581942 MLS ⋅ ACTIVE Status

Location! Location! Location! The house is located in downtown Puyallup. Charming old-world craftsman! Walking distance to Puyallup Fairground. Very close to several medical buildings and Good Samaritan Hospital. Close to Sounder Station. Walking distance to bus stops and access to freeways are nearby. A few minutes' drive to South Hill Mall, plenty of restaurants. Close to Costco, Walmart, and other shopping spots. Close proximity to schools and parks and walking trails. the house is Fully fenced front and backyard. Newly remodeled kitchen with stainless steel fridge, dishwasher, and stove/range. Plum trees and pear fruit trees on a nice-level lot. Newer roof. Laminate hardwood in the living room, dining room, and kitchen. Newer front and back porch. Perfect for first-time homebuyers or for rental investment. Ceiling fans in the living room and dining room. New storm windows. Alley access in the backyard for more parking. Potential for a nice ADU in the backyard. All appliances stay, including a new all-in-one washer/dryer. Location! Location! Location!

927 7th Avenue SW, Puyallup

Listing Broker: Stellar Group NW LLC; Mario D. Suson; 206-288-9877; suson88@gmail.com

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