Central Seattle Homes under $500,000

Central Seattle Homes under $500,000

Welcome to Central Seattle, a vibrant and eclectic neighborhood that perfectly blends urban sophistication with a warm, community-oriented atmosphere. Nestled in the heart of Washington's largest city, Central Seattle is a hub of culture, creativity, and convenience. This area is known for its stunning views of the iconic Space Needle, lush parks, and a rich tapestry of dining and entertainment options that cater to all tastes.

For those seeking affordable housing options in this bustling metropolis, Central Seattle offers an impressive selection of homes priced under $500,000. Whether you're a first-time homebuyer, a savvy investor, or looking to downsize, you'll find a variety of charming residences that fit your budget without compromising on style or location. From cozy condominiums to quaint bungalows, these homes provide an excellent opportunity to immerse yourself in the city’s vibrant lifestyle.

Central Seattle is not just about affordable living; it's also about accessibility. With a robust public transportation system and walkable neighborhoods, residents can easily explore the nearby attractions, including Pike Place Market, the Seattle Art Museum, and the beautiful waterfront. The area is also home to numerous parks, perfect for outdoor enthusiasts and families alike.

Living in Central Seattle means being part of a dynamic community where art, music, and culinary delights thrive. With homes under $500,000, you can embrace the Seattle lifestyle without breaking the bank. Discover your dream home in Central Seattle today and enjoy all the wonderful experiences this iconic city has to offer!

Newest Central Seattle Homes under $500,000

720 Lakeside Avenue S Unit #406, Seattle
$379,000
1 Beds ⋅ 1 Baths ⋅ 2601433 MLS ⋅ ACTIVE Status
Top-floor lakefront living with spectacular Mount Rainier views from both the condo and its private deck. This fourth-floor end unit at Leschi Shores looks across Lake Washington to the Cascades, with the Leschi shoreline and marina just below. Inside, 525 square feet on one level lives large featuring recently installed high-end LVP flooring throughout, insulated windows, kitchen, dining and living area, bedroom and a full bath. Down at the water, the lakefront pool and community dock offer plenty of seating to settle in for an afternoon by the lake, and friends arriving by boat can pick you up dockside. Elevator access, private storage, and on-site laundry round out the everyday conveniences. HOA dues include water, sewer, garbage, and earthquake insurance. Right outside, Lakeside Avenue South follows the shoreline, a favorite stretch for walkers, runners, and cyclists. The Leschi waterfront village is a short stroll for coffee, groceries at Leschi Market, and dinner at Daniel's Broiler. The association's recently completed exterior repaint gives the building a fresh finish. A top-floor waterfront retreat with a view worth coming home to.

720 Lakeside Avenue S Unit #406, Seattle

Listing Broker: COMPASS; Jeff J. Reynolds; 206-794-1118; jeff.reynolds@compass.com

701 17th Avenue Unit #304, Seattle
$349,000
1 Beds ⋅ 1 Baths ⋅ 2600724 MLS ⋅ FIRST LOOK Status
A separate den/home office, rare walk-in closet, easy city access and private balcony set this spacious one-bedroom Squire Park condo apart. Enjoy space to work, room to organize, and an inviting outdoor spot to relax and unwind. The remodeled kitchen shines with refined cabinetry, stainless steel appliances, and generous counter space, plus a bar and pass-through to the open living/dining area. Wood-burning fireplace adds warmth, while sliding doors open to the balcony overlooking a tree-lined street. Abundant closets, in-unit laundry, a full bath with generous vanity space, and secure garage parking add everyday ease. A residential setting keeps Capitol Hill dining and shops, Seattle University, Swedish Hospital, and First Hill medical facilities close, with convenient transit to downtown. An exceptional combination of flexibility, storage, and private balcony space.

701 17th Avenue Unit #304, Seattle

Listing Broker: Windermere RE Greenwood; Junior Torres; 206-854-5596; junior@windermere.com

1136 13th Avenue Unit #205, Seattle
$270,000
1 Beds ⋅ 1 Baths ⋅ 2574572 MLS ⋅ ACTIVE Status
Step into classic Capitol Hill character at Union Terrace, a beautifully maintained 1924 brick vintage walk-up co-op in the heart of one of Seattle’s most vibrant neighborhoods. This open, light-filled 1-bedroom + den offers 663 square feet with tall ceilings, oak hardwood floors, newer interior paint, updated windows & newer appliances. Period details include picture rails, wainscoting & an antique hallway light. Living & dining areas face north toward a tree-lined street with territorial views, while the galley kitchen features an eating nook, plentiful cabinet space & classic checkerboard floor. The updated bath combines subway tile & vintage hex floor tile with newer fixtures & lighting. A generously sized, flexible bonus space can serve as a den, walk-in closet, home office/work space, media room, reading nook, craft room or additional storage. Laundry, storage & bike rooms are located downstairs; in-unit washer/dryer installation is possible. Secured entry, pet-friendly policies & a well-managed building provide peace of mind. Co-op dues include WSG, property taxes, common-area maintenance & Wi-Fi! Enjoy Capitol Hill’s exceptional cafés, restaurants, shops, grocery stores & entertainment, w/Seattle University’s award-winning complex, Seattle Academy, Pike/Pine Corridor & light rail nearby. EZ to DT, SLU, UW, SCCC & I-5. Zone 7 permit parking. Inspection report available. A wonderful opportunity to own a character-filled Capitol Hill home in a classic, intimate building.

1136 13th Avenue Unit #205, Seattle

Listing Broker: KW Greater Seattle; Marissa Natkin; 206-321-5061; marissanatkin@gmail.com

2901 S Jackson Street Unit #307, Seattle
$414,500
2 Beds ⋅ 1 Baths ⋅ 2597001 MLS ⋅ ACTIVE Status
Welcome to urban living in Seattle’s desirable Leschi neighborhood! This inviting 2-bedroom, 1-bath end-unit condo offers a comfortable and functional layout with a spacious great room, dining area, and kitchen perfect for everyday living and entertaining. Both bedrooms feature direct access to a private balcony, providing a wonderful space to relax and enjoy the fresh air. Insulated windows provide added comfort, while the third-floor patio offers a great space for BBQs and outdoor gatherings. Head up to the rooftop patio to take in beautiful city views and enjoy the surrounding scenery. Community amenities include a welcoming lobby entrance, elevator, fire sprinklers, and nearby trails. Enjoy the convenience of a common parking garage with your own EV charging station, plus ample free street parking for guests. Ideally located with convenient, direct bus access to downtown Seattle and Capitol Hill, making it easy to enjoy shopping, dining, entertainment, and city events without the hassle of parking. Experience the best of city living with everyday convenience, comfort, and accessibility!

2901 S Jackson Street Unit #307, Seattle

Listing Broker: John L. Scott, Inc; Shirley J. Grindel; 206-941-5478; ShirleyREgroup@gmail.com

107 20th Avenue Unit #209, Seattle
$420,000
2 Beds ⋅ 2 Baths ⋅ 2589409 MLS ⋅ ACTIVE Status
Central District of Seattle. Quiet end unit in a twenty-four unit boutique building. Adjacent to downtown, parks, International District, Seattle University and the diverse offerings of Seattle. Significant price reduction. An opportunity for an city move! Entire unit was freshly painted and features recently updated finishes. 964 SF, 2 bedrooms/1.75 baths. Primary features ample storage and a 3/4 bath. Guest/second full bath. Open plan living/dining/kitchen floorplan with a gas fireplace and adjacent covered patio. Enhanced finishes throughout - laminate plank floors/baseboards. New LED lights. Both baths feature updated toilets, new tile and vanities/lights. Large SUV sized space in secure parking garage. Easy in-city living with a transit score of 74, bike score of 93 and walk score of 88. Please contact for a personal showing!

107 20th Avenue Unit #209, Seattle

Listing Broker: Realogics Sotheby's Int'l Rlty; Rick Maynard; 206-399-9911; rick.maynard@rsir.com

1101 17th Avenue Unit #404, Seattle
$295,000
1 Beds ⋅ 1 Baths ⋅ 2582243 MLS ⋅ ACTIVE Status
Open, light-filled, and rich with character, this one-bedroom residence at Mayfair Manor offers a rare blend of historic charm and thoughtful modern living. Set in one of Capitol Hill’s premier locations, this top-floor corner home is surrounded by the very best of Seattle—exceptional restaurants, vibrant shops, beautiful parks, neighborhood cafés, and convenient light rail, all just steps from your door. Inside, natural light pours in, highlighting stunning period details and timeless architectural character. Original elements are beautifully melded with carefully considered modern updates, creating a home that feels both authentic and effortlessly livable. Mayfair Manor is a beautiful historic gem, offering the distinctive charm and craftsmanship that make Seattle’s vintage buildings so special. From its top-floor position to its coveted corner setting, this is a home with an uncommon sense of light, character, and place. A distinctive Capitol Hill home where history, light, and modern convenience come together.

1101 17th Avenue Unit #404, Seattle

Listing Broker: Windermere Real Estate Midtown; Max Wurzburg; 206-669-6857; m.wurzburg@windermere.com

1136 13th Avenue Unit #305, Seattle
$275,000
1 Beds ⋅ 1 Baths ⋅ 2582034 MLS ⋅ ACTIVE Status
Seller is offering up to a $10,000 credit towards Buyer's allowable closing costs! Why pay rent when you could own your own place? Spacious, stylish, and exceptionally well located-this top-floor 660 sq.ft. Union Terrace home offers an incredible opportunity to live large in the heart of Capitol Hill. Pet friendly with an impressive Walk Score of 98, you’re just minutes from light rail, the Pike/Pine corridor, downtown, Seattle University, the streetcar, and the G Line. Enter and appreciate the generous square footage and abundant natural light in this charming 1924 home. The expansive living room features gleaming hardwood floors and huge windows overlooking peaceful treetops, creating a bright, airy retreat above the energy of the city.Rare full-sized eat-in kitchen offering plenty of room to cook, dine, and gather.Updated with stainless steel appliances, dishwasher, full-sized refrigerator. This is a cook’s kitchen! Remodeled modern bathroom features heated floors, while the generous walk-in closet provides excellent storage. As a top-floor residence, the home offers a wonderful sense of privacy and quiet while retaining all the character of its 1924 origins. Union Terrace is a professionally managed building with a secure entrance, community laundry room, and bike storage.Dues include property taxes,water,sewer,garbage,h/w,common-area maintenance, & Wi-Fi.A rare combination of space, character, an exceptional kitchen, and an unbeatable central-city location.

1136 13th Avenue Unit #305, Seattle

Listing Broker: Windermere RE/Capitol Hill,Inc; Lisa Visintainer; 206-369-4842; lisavis@windermere.com

720 Lakeside Avenue S Unit #106, Seattle
$349,000
1 Beds ⋅ 1 Baths ⋅ 2576166 MLS ⋅ ACTIVE Status
Lake Washington waterfront living at Leschi Shores, with the lakefront pool and shoreline steps from your door. This south-facing one bedroom opens to its own deck with the lake spread out beyond the rail and the marina just up the shore. Inside, 524 efficient square feet with bamboo flooring and a layout that lives larger than the number suggests. The HOA takes care of water, sewer, cable, central hot water, and earthquake insurance, which keeps the monthly picture refreshingly simple. Swim laps in the pool, or pick up the Lake Washington Boulevard loop out front for a run or ride. Potential boat moorage opportunities at the community dock once you move in. The Leschi waterfront village is a short stroll for coffee, groceries at Leschi Market, and dinner at Daniel's Broiler, and downtown Seattle is minutes away via I-90. Assigned parking, bike storage, an elevator, and building laundry round it out. The association's full exterior repaint begins this month, so the building arrives at closing freshly finished, with the work funded by the HOA. Waterfront ownership at an approachable scale, in one of Seattle's most quietly loved lakefront neighborhoods.

720 Lakeside Avenue S Unit #106, Seattle

Listing Broker: COMPASS; Jeff J. Reynolds; 206-794-1118; jeff.reynolds@compass.com

1216 E Fir Street Unit #A, Seattle
$499,950
2 Beds ⋅ 2 Baths ⋅ 2578523 MLS ⋅ ACTIVE Status
Welcome to this charming 2 bedroom townhome in a highly convenient First Hill location, just moments from Capitol Hill, the International District, Seattle University, and Downtown Seattle. Thoughtfully updated with a recently renovated kitchen and bathrooms, this home offers a comfortable, functional layout with a well equipped kitchen, laundry, and two generously sized bedrooms. Attached 1-car garage providing secure parking, a rare and valuable city amenity. Enjoy easy access to the Seattle streetcar, multiple bus routes, and quick access to I-5 and I-90. Numerous restaurants, coffee shops, parks, all within walking distance. Harborview, Swedish Main & Cherry Hill medical centers nearby. A stone throw to Seattle University make this a great rental housing opportunity. Prior AirBnb usage provides a great history of extra income **Inquire for Details*** Whether you're looking for a comfortable city residence, convenient investment property, 2nd home, or rental housing this centrally townhouse offers an urban lifestyle and a multitude of flexibility.

1216 E Fir Street Unit #A, Seattle

Listing Broker: Real Residential; Albert D Clark; 206-465-4129; Albert@realresidential.com

1820 24th Avenue Unit #101, Seattle
$375,000
2 Beds ⋅ 1 Baths ⋅ 2575687 MLS ⋅ ACTIVE Status
New price! Welcome to the heart of Seattle! This walker's paradise (walk score of 88) is located on a tree-lined street that is conveniently located. Old world charm with modern finishes. Spacious floor plan with high ceilings and great light. This move-in ready 2 bedroom corner unit home creates the perfect place to enjoy city living. Enjoy the large living room, open kitchen with separate dining space, larger bedrooms with spacious closets, in unit washer/dryer. Recently refreshed with fresh paint, newer hardwoods, carpet and tankless hot water. Ample street parking and cat/dog friendly. Fantastic location tucked between Lake Washington, Madison Park, Capitol Hill and Downtown. Steps from some of the city’s best restaurants and bars. Close to light rail & RapidRide G. Live at the center of it all.

1820 24th Avenue Unit #101, Seattle

Listing Broker: West Seattle Realty; Robert Kelly; 206-890-1796; robertkelly3@outlook.com

1915 E Spruce Street Unit #A, Seattle
$375,000
2 Beds ⋅ 2 Baths ⋅ 2573459 MLS ⋅ ACTIVE Status
Bring your vision and unlock the potential in this 2-bedroom, 1.5-bath home located in the heart of Seattle. Offering approximately 870 sq. ft. across two levels, this property is a great opportunity for an investor, flipper, landlord, or buyer looking to build sweat equity.Enjoy off-street parking, private outdoor space, and a convenient location near parks, restaurants, cafés, public transportation, hospitals, and everything the Central District has to offer.Property is being sold as-is and needs work—perfect for someone ready to renovate, customize, and add value. Bring your contractor and your ideas!

1915 E Spruce Street Unit #A, Seattle

Listing Broker: Keller Williams Rlty Bellevue; Sabrina Maples; 925-337-7148; Maplesrealtor@gmail.com

501 23rd Avenue S Unit #C3, Seattle
$499,000
3 Beds ⋅ 3 Baths ⋅ 2547204 MLS ⋅ ACTIVE Status
Nestled in Seattle’s vibrant Central District, this inviting two-story home with a downstairs den/office offers comfort, style, and unbeatable convenience—minutes from downtown and the light rail. The open, flowing floor plan fills the space with natural light. With 3 bedrooms and 2.5 baths, including a spacious primary suite, the main level features a bright living room. The downstairs den/office adds versatile flexibility for work, media, or guests. Outside, enjoy grilling and relaxation in convenient outdoor spaces, all within a walkable, amenity-rich neighborhood with easy transit access. This central location combines convenience with a welcoming, neighborhood feel, making it an ideal urban retreat in Seattle’s iconic Central District.

501 23rd Avenue S Unit #C3, Seattle

Listing Broker: Coldwell Banker Bain; Reshon Watson; 206-792-6087; reshonwatson@cbbain.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.

How much is your home worth?

Get instant property value now!