Downtown Homes under $500,000

Welcome to Downtown, a vibrant and dynamic neighborhood nestled in the heart of Washington State. Known for its eclectic blend of urban charm and modern amenities, Downtown offers an exciting lifestyle for both young professionals and families alike. With a rich tapestry of culture, art, and gastronomy, this neighborhood is a true gem in the Pacific Northwest.

As you stroll through the bustling streets of Downtown, you’ll discover a variety of local boutiques, art galleries, and coffee shops that capture the essence of the community. The area is also home to several parks and green spaces, perfect for outdoor enthusiasts looking to enjoy the fresh air or take a leisurely walk with family and friends. The thriving nightlife, with its array of bars and restaurants, ensures there is always something to do, whether you’re in the mood for a casual bite or a night out on the town.

One of the most appealing aspects of Downtown is the availability of homes under $500,000. This makes it an attractive option for first-time homebuyers and those looking to invest in a growing area. From charming condominiums to cozy townhomes, the housing options here cater to a variety of tastes and lifestyles. With the ongoing development and revitalization of the neighborhood, investing in Downtown not only offers a fantastic living experience but also great potential for future appreciation.

Discover the allure of Downtown, where urban living meets a close-knit community, and find your perfect home today!

Newest Downtown Homes under $500,000

$175,000

2 Beds ⋅ 1 Baths ⋅ 2593006 MLS ⋅ ACTIVE Status

Bring your vision and your tools, and unlock the potential of this 1941 downtown Shelton home! Offering 1,632 square feet, this 2-bedroom, 1-bath home presents an exciting opportunity for renovation and customization. The main level features a welcoming living room and dining room, while both bedrooms and the bathroom are located upstairs. An attached 1-car garage adds convenient parking and storage. Situated on a corner lot with a fenced backyard, the property offers space to create your own outdoor retreat. CASH OFFERS ONLY. Its downtown location puts shopping, restaurants, services, and everyday conveniences close at hand. Beyond town, Mason County is an outdoor enthusiast’s playground, with abundant opportunities for hiking, biking, hunting, golfing, water sports, fishing, kayaking, and exploring the beautiful forests, lakes, and waterways of the South Puget Sound and Hood Canal region. For those seeking adventure, nearby activities even include skydiving and road racing. A great opportunity for an investor, contractor, or buyer ready to bring new life to a classic Shelton home!

327 W Grove Street, Shelton

Listing Broker: John L. Scott Shelton; Kristy D. Buck; 360-490-0958; kbuck@johnlscott.com

$225,000

1 Baths ⋅ 2592109 MLS ⋅ ACTIVE Status

Penthouse studio with stunning Puget Sound and city views! This charming top-floor unit offers an ideal in-city retreat with exposed brick, warm wood floors, and a Murphy bed for flexible living and sleeping space. Enjoy access to a secure community garden and inviting outdoor patio area—perfect for relaxing or entertaining. Additional highlights include a private storage unit, no rental cap, pet-friendly community, and no special assessments. With a Walk Score of 97, you’re ready for the best of Seattle’s dining, shopping, entertainment, transit, and nightlife. Centrally located and full of character, this is city living at its best!

905 Cherry Street Unit #706, Seattle

Listing Broker: Windermere Real Estate Midtown; Karla Sullivan; 206-650-2735; ksullivan@windermere.com

$450,000

3 Beds ⋅ 3 Baths ⋅ 2591935 MLS ⋅ ACTIVE Status

Welcome to the lovely community of Gilman Walk. Home to 8405 Gilman Way, where modern living meets an approachable price point. This 3-bedroom townhome offers low-maintenance living without sacrificing style, making it an ideal fit for anyone looking to simplify without compromise. The open-concept layout is designed for real life and entertaining, featuring quartz countertops, stainless steel appliances, and clean, contemporary finishes throughout. Upstairs, the spacious primary suite offers dual sinks and a walk-in closet, creating a comfortable private retreat. A finished garage, thoughtful layout, and newer construction provide the convenience and peace of mind today’s buyers are looking for, without the wait or premium of new construction. Affordable. Move-in ready. And exactly where you want to be.

8405 Gilman Way, Arlington

Listing Broker: John L. Scott Arlington; Kendall Jefferies; 425-268-6903; kendalljefferies@johnlscott.com

10232 NE 10th Street Unit #602, Bellevue

$479,000

1 Baths ⋅ 2591296 MLS ⋅ ACTIVE Status

Meet MARI. Boutique luxury one block from Bellevue Square. 138 residences across 20 stories with 9'8" to nearly 12' ceilings, custom Italian kitchen cabinetry, and wide-plank wood floors throughout. Floor-to-ceiling windows pull the Pacific Northwest right inside. Atop the building, the SkyClub and open-air SkyDeck — Downtown Bellevue's only condominium tower rooftop amenity — open to sweeping views of Lake Washington, the Cascades, and the Olympics. From pied-à-terres to penthouses, MARI offers a home for every Bellevue lifestyle. Moments to dining, shopping, and parks. A building with character in a neighborhood with momentum — grounded and uplifted, familiar and worldly, intimate and expansive. Less skyscraper, more sanctuary. Now over 60% sold. Move-in ready today!

10232 NE 10th Street Unit #602, Bellevue

Listing Broker: Realogics Sotheby's Int'l Rlty; Rachel Buchanan; 425-380-9690; rachel.buchanan@rsir.com

$425,000

2 Beds ⋅ 1 Baths ⋅ 2589446 MLS ⋅ ACTIVE Status

Charming 1920's Cottage near downtown Everett. White picket fence and brick path lead you under the arbor to the front door. Feels private as home is set back from road. Living room with big windows to let in the light and view of the yard. Custom desk and bookcases built for the entry can stay or go as buyer wishes. Lovely hardwood floors. Updated kitchen with maple cabinets and breakfast nook. Primary bedroom with attached full bath. Second bedroom perfect for guests or office. Laundry/mud room with lots of storage. Home was renovated in 2008 (lifted with foundation poured, electrical panel replaced, kitchen rewired, vinyl windows, and roof with 50-year shingle) Detached garage has loft storage and alley access. Relax by the outdoor firepit or on the backyard patio. Yard is fully fenced. Raised garden boxes. Open the front door and the breeze from the bay keeps home cool. Easy angled street parking on Wetmore Ave.

1927 Wetmore Avenue, Everett

Listing Broker: The Preview Group; Kathryn Hawkes; 206-669-0169; Kath@TheHomeHawk.com

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! Perfect for owner occupied or buy it as a rental! 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

Start Your Search

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 or 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.