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Downtown Homes under $500,000

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Downtown Homes under $500,000

**Discover Downtown Living in Washington State**

Welcome to Downtown, Washington, a vibrant urban oasis that perfectly blends modern living with the charm of a close-knit community. Nestled in the heart of the state, this dynamic neighborhood offers an eclectic mix of culture, convenience, and comfort, making it an ideal place to call home.

One of the standout features of Downtown is its accessibility. Residents enjoy a plethora of amenities, including trendy cafes, boutique shops, and diverse dining options that cater to every palate. Whether you’re grabbing a morning coffee at a local café or enjoying an evening stroll through the beautifully landscaped parks, there’s always something to explore. The area also boasts a rich arts scene, with galleries, theaters, and live music venues that keep the cultural pulse alive.

For those seeking affordable housing options, Downtown does not disappoint. With homes priced under $500,000, this neighborhood presents a unique opportunity for first-time buyers, young professionals, and families looking to settle in a thriving community without breaking the bank. From charming historic buildings to modern condos, there’s a variety of housing styles to suit every taste and lifestyle.

Moreover, Downtown's strong sense of community is palpable, with regular events and festivals that bring residents together. Whether you’re enjoying a summer concert in the park or participating in local farmers' markets, you'll find that Downtown is more than just a place to live; it’s a place to thrive.

Experience the best of urban living in Downtown, Washington—a neighborhood where affordability meets vibrancy, and every day feels like an adventure waiting to unfold.

Newest Downtown Homes under $500,000

121 Stewart Street Unit #1502, Seattle image
121 Stewart Street Unit #1502, Seattle — The Emerald $399,000

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 clo...

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  • 1 Beds
  • 1 Baths
  • 2589935 MLS
  • ACTIVE Status
Courtesy of Urban Living

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

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2760 76th Avenue SE Unit #402, Mercer Island image
2760 76th Avenue SE Unit #402, Mercer Island — The Carlton $399,000

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...

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  • 1 Beds
  • 1 Baths
  • 2589481 MLS
  • ACTIVE Status
Courtesy of Windermere West Metro

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

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2939 76th Avenue SE Unit #41B, Mercer Island image
2939 76th Avenue SE Unit #41B, Mercer Island — Island Habitat $280,000

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 w...

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  • 1 Baths
  • 2589387 MLS
  • ACTIVE Status
Courtesy of John L. Scott, Inc.

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

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1415 2nd Avenue Unit #2106, Seattle image
1415 2nd Avenue Unit #2106, Seattle — Newmark Tower $474,050

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 ...

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  • 1 Beds
  • 1 Baths
  • 2587113 MLS
  • ACTIVE Status
Courtesy of John L. Scott Arlington

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

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321 Bellevue Way SE Unit #203, Bellevue image
321 Bellevue Way SE Unit #203, Bellevue — Brookside Condo $388,000

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 s...

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  • 2 Beds
  • 1 Baths
  • 2585499 MLS
  • ACTIVE Status
Courtesy of Real Estate Collection

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

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1400 Hubbell Place Unit #1111, Seattle image
1400 Hubbell Place Unit #1111, Seattle — Elektra $299,900 ▼

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. T...

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  • 1 Beds
  • 1 Baths
  • 2584125 MLS
  • ACTIVE Status
Courtesy of Keller Williams Realty PS

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

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927 7th Avenue SW, Puyallup image
927 7th Avenue SW, Puyallup $445,000 ▼

Location! Location! Location! The house is located in downtown Puyallup. Charming old-world craftsman! Walking distance to Puyallup Fairground. Very close to several medi...

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  • 3 Beds
  • 1 Baths
  • 2581942 MLS
  • ACTIVE Status
Courtesy of Stellar Group NW LLC

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

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1100 106th Avenue NE Unit #704, Bellevue image
1100 106th Avenue NE Unit #704, Bellevue — The Palazzo $415,000

MAJOR PRICE IMPROVEMENT ~ $415,000! * Best value in Downtown Bellevue! Motivated Seller says bring all offers! Unbeatable location for an easy commute—Under ½ mile to ma...

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  • 1 Beds
  • 1 Baths
  • 2583440 MLS
  • ACTIVE Status
Courtesy of RE/MAX Town Center

Listing Broker: RE/MAX Town Center; Hailu Liu; 425-770-2893; allen@specialagentallen.com

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819 Virginia Street Unit #2710, Seattle image
819 Virginia Street Unit #2710, Seattle — The Cosmopolitan $449,950 ▼

Morning starts 27 floors above the city, with Lake Union out the windows and Seattle slowly coming to life below. The north-facing outlook feels open and expansive, frame...

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  • 1 Beds
  • 1 Baths
  • 2581867 MLS
  • ACTIVE Status
Courtesy of Windermere Mercer Island

Listing Broker: Windermere Mercer Island; Luke Bartlett; 206-504-4396; luke@welcomehomeseattle.com

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1415 2nd Avenue Unit #2108, Seattle image
1415 2nd Avenue Unit #2108, Seattle — Newmark Tower $455,000

High on the 21st floor of Newmark Tower, just a block from Pike Place Market and the Seattle waterfront, this 1-bedroom, 1-bath condo features south-facing, floor-to-ceil...

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  • 1 Beds
  • 1 Baths
  • 2582012 MLS
  • ACTIVE Status
Courtesy of COMPASS

Listing Broker: COMPASS; Brad Hinckley; 206-330-1388; brad.hinckley@compass.com

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121 Stewart Street Unit #1305, Seattle image
121 Stewart Street Unit #1305, Seattle — The Emerald $493,000

Motivated Seller!! Your ultimate pied-à-terre awaits at The Emerald—one of downtown Seattle’s most sought-after luxury residences, perfectly positioned just moments from...

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  • 2 Beds
  • 1 Baths
  • 2581480 MLS
  • ACTIVE Status
Courtesy of COMPASS

Listing Broker: COMPASS; Kyle Weber; 206-705-9255; kweber@compass.com

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1519 3rd Avenue Unit #504, Seattle image
1519 3rd Avenue Unit #504, Seattle — Fischer Studio Bldg Condo $394,900

Historic Elegance Meets Urban Living. Own a piece of Seattle’s architectural legacy. Light-filled corner unit by George Suyama, just steps from Pike Place Market, the wa...

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  • 1 Beds
  • 1 Baths
  • 2577861 MLS
  • ACTIVE Status
Courtesy of eXp Realty

Listing Broker: eXp Realty; Brian Flora; ;

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Pellego
675 S Lane St.
Seattle, WA 98104
425-223-6021
LIC#: 25019681

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AJ Allen Home Sales Logo AJ Allen | Pellego | LIC#: 25019681 675 S Lane St.
Seattle, WA 98104
Cell: (425) 223-6021 aj@pellego.com

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Pellego is a licensed real estate brokerage serving Seattle and surrounding communities, with AJ Allen as the designated broker. We comply with all applicable fair housing laws. All information provided is deemed reliable but not guaranteed and is subject to change without notice, including price, availability, or condition. No representation or warranty is made regarding the accuracy of property details. All measurements and square footage are approximate. This content is not intended to solicit properties already listed. Nothing contained herein should be considered legal, tax, or professional advice outside the scope of real estate brokerage services.

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