South Park Homes under $500,000

Welcome to South Park, a hidden gem nestled in the vibrant city of Seattle, Washington. Known for its rich cultural diversity and strong sense of community, South Park offers a unique blend of urban convenience and natural beauty. Located just a stone's throw from the bustling downtown, this charming neighborhood is bordered by the Duwamish River, providing residents with picturesque views and ample opportunities for outdoor activities.

One of the most appealing aspects of South Park is its affordability, particularly for first-time homebuyers and those looking for properties under $500,000. Here, you can find a variety of homes, from cozy bungalows to modern townhouses, all within a welcoming atmosphere. The real estate market in South Park presents a fantastic opportunity to invest in a community that is on the rise, with new developments and local businesses sprouting up, enhancing the area’s charm.

Residents of South Park enjoy easy access to local parks, including the expansive South Park Community Center, which offers recreational facilities and hosts community events. The neighborhood is also home to a vibrant arts scene, with murals and installations that celebrate the rich cultural heritage of its residents.

Convenient public transportation options make commuting to downtown Seattle a breeze, allowing you to enjoy the best of both worlds—peaceful suburban living with the excitement of city life just a short ride away. Whether you’re seeking a starter home or a cozy retreat, South Park is a neighborhood that truly feels like home. Come explore the possibilities today!

Newest South Park Homes under $500,000

$449,950

2 Beds ⋅ 1 Baths ⋅ 2591189 MLS ⋅ ACTIVE Status

Bring your vision and finish what’s already been started! This Seattle-area property presents a unique opportunity for an investor, contractor, or buyer looking to create a home tailored to their own style. The interior has been stripped down to the studs, providing a blank canvas and eliminating much of the work involved in getting to the renovation stage. Whether your vision is a complete transformation, investment project, or future home, the possibilities are here.With the property already opened up, the next owner can step in, design the layout and finishes, and bring this project across the finish line. Conveniently located with access to shopping, amenities, major commuter routes, and public transportation.If you’ve been searching for a project where you can add value and make the finished product your own, 10031 2nd Ave S is ready for its next chapter. Bring your contractor, your plans, and your imagination!

10031 2nd Avenue S, Seattle

Listing Broker: eXp Realty; Andre' Jones; 253-324-4167; andre.jones@exprealty.com

1039 S Cloverdale Street Unit #A, Seattle

$499,995

3 Beds ⋅ 2 Baths ⋅ 2584065 MLS ⋅ ACTIVE Status

Modern Seattle living for half the price! Built in 2020, this 3-bedroom, 1.75-bath townhome combines contemporary construction with practical amenities: dedicated deeded parking and AC! The main level features an open-concept living, dining, and kitchen arrangement with modern finishes and abundant natural light. The kitchen offers an upgraded island providing additional cabinetry and storage. Upstairs, a dedicated primary suite features an attached bath and walk-in closet, while two additional bedrooms offer flexibility for guests, bedrooms, or a home office. The private rooftop deck extends the living space outdoors, with elevated views and room for seating, dining, or entertaining. Newer construction brings modern systems and finishes, while the deeded parking space adds convenience. Set in South Park, this home is surrounded by a neighborhood with a character all its own. Locally owned restaurants, cafés, shops, parks, community spaces, and the Duwamish River shape a setting that feels distinctly Seattle. Nearby Georgetown adds another layer of independent restaurants, breweries, creative businesses, and local culture. Downtown is within easy reach, connecting you to employment, dining, entertainment, and cultural destinations while maintaining a neighborhood-oriented setting at home. A newer construction townhome with a dedicated primary suite, deeded parking, rooftop deck, AC, and a location that puts Downtown Seattle and South Park’s local character within reach.

1039 S Cloverdale Street Unit #A, Seattle

Listing Broker: Rain Town Realty + JPAR; Tyler Muller; 253-778-0278; tyler.muller@raintownrealty.com

748 S Cloverdale Street Unit #14, Seattle

$199,999

1 Beds ⋅ 1 Baths ⋅ 2583565 MLS ⋅ ACTIVE Status

Welcome to urban living at its finest in this stylish 1-bedroom, 1-bath condo located in the heart of South Park, one of Seattle's most up-and-coming neighborhoods. This well-maintained unit features an open-concept layout with large windows that flood the space with natural light. This is your chance to own a piece of South Park’s unique charm and energy.Ideal for first-time buyers, downsizers, or investors. Don’t miss this opportunity—schedule your showing today!

748 S Cloverdale Street Unit #14, Seattle

Listing Broker: Real Broker LLC; Thomas Emmo; ;

$499,950

2 Beds ⋅ 2 Baths ⋅ 2582751 MLS ⋅ ACTIVE Status

Brand new construction FHA approved! Upper two floors of three story home - only home with this floor plan. Courtyard community setting off of tree lined South Sullivan Street. Contemporary end-unit with rooftop deck for entertaining. Large windows and soaring ceilings fill the home with natural light. Designer finishes throughout with hard surface flooring, Bellmont cabinets, quartz countertops, top-tier stainless appliances and more. Stay cool with efficient mini-split A/C on the main floor and in every bedroom. Perfect balance of tucked-in privacy and yet steps away from favorite restaurants and cafes, library, and skate park. Easy transit to Downtown Seattle, Burien and Sea-Tac airport. Quick hop onto multiple freeways. Ask broker about financing incentives up to $17,500 provided by the preferred lender. EV parking available for purchase. Additionally, unit 807B lower level 1 bed / 1 bath home (523 SF) on the 1st floor can be purchased together with this home.

807 S Sullivan Street, Seattle

Listing Broker: Specialty Real Estate Group; Adrian Chu; 206-483-0773; TeamAdrian@sregusa.com

$499,500

2 Beds ⋅ 2 Baths ⋅ 2578723 MLS ⋅ ACTIVE Status

Standalone new construction cottage offering the perfect combination of modern farmhouse design and an unbeatable location near downtown. Finishes throughout the home were selected for both style and durability. The light-filled, open-concept main level features light-hued hardwood floors and a spacious kitchen with premier stainless-steel appliances, custom cabinetry, and an expansive island. A glass door off the living room opens to the private back patio and fenced yard, creating an inviting setting for indoor/outdoor living, entertaining, and everyday enjoyment. A convenient powder room completes the main level. Upstairs, two bedrooms are joined by a spa-like bath and conveniently located laundry. A standout feature is the additional 97-square-foot loft space, offering valuable flexibility for a home office, creative retreat, reading nook, or additional storage. Smart storage is thoughtfully incorporated throughout the floor plan, while energy-efficient systems include mini-splits. South Park offers a palpable sense of community, vibrant cultural energy, nearby parks, and a community garden. Buyer incentives may be available, and eligible buyers may also qualify for down payment assistance programs. Buyer package, seller incentives, and down payment assistance grants available.

9004 5th Avenue S, Seattle

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

$295,450

1 Beds ⋅ 1 Baths ⋅ 2574988 MLS ⋅ ACTIVE Status

Opportunity awaits in Seattle’s South Park industrial district! This unique property features a small 1-bedroom structure currently in the middle of a permitted remodel, offering flexibility for completion as an office, workspace, or other permitted use. Significant improvements are already underway, including a new roof, windows, siding, fencing, shower, plumbing, power mast, and breaker panel—providing a substantial head start for the next owner. Situated on a flat, usable lot across from the river, the property offers valuable outdoor space and potential for future industrial development. The existing structure provides immediate versatility while the lot presents an opportunity to explore additional permitted uses, improvements, or redevelopment potential under the current zoning. Zoned IG1 U/65, the property is located in an established Seattle industrial area with convenient freeway access, providing efficient connections to downtown Seattle and regional transportation routes. The combination of industrial zoning, level land, existing improvements, and proximity to major transportation corridors makes this a compelling opportunity for an owner-user, investor, or buyer looking to explore future development possibilities. Buyer to verify all zoning, permitted uses, development standards, permitting requirements, environmental considerations, and intended-use possibilities with the appropriate City of Seattle departments and applicable authorities.

719 S Riverside Drive, Seattle

Listing Broker: Coldwell Banker Danforth; Dmitriy Zakharin; 425-698-1894; zachsrealestate1@gmail.com

$465,000

3 Beds ⋅ 1 Baths ⋅ 2573004 MLS ⋅ ACTIVE Status

This adorable South Park home is in a great location and boasts a beautiful, spacious garage/shop with a long driveway. Inside this home, you will find two bedrooms and a kitchen with an eating area. The living room has fir floors. An extra room in the back of the house would also make a great office and a laundry/utility room. This home has a heat pump and AC!! A large, level, fully fenced-in yard is a bonus, making this a great starter home! The yard is perfect for a garden. Great neighborhood setting yet close to freeways. The 6000 sq ft lot may make this a great property to build a DADU-Buyer to verify.

516 S Trenton Street, Seattle

Listing Broker: Windermere West Metro; Therese Bianchi; 206-234-6607; tbianchi@windermere.com

748 S Cloverdale Street Unit #8, Seattle

$246,999

1 Beds ⋅ 1 Baths ⋅ 2563511 MLS ⋅ ACTIVE Status

Over the top, light & bright, custom craftsman one bedroom, one bath top floor corner condo. Exquisite Carrera marble flooring. In-floor radiant heat. Every surface has been meticulously updated. The kitchen features marble counters, subway tile backsplash, stainless appliances, custom lighting including soffit lighting. Large living room with beautiful contrasting marble fireplace, new windows throughout. Primary suite with barn door access to living room to highlight the expansive space, in-suite washer/dryer, primary bath with custom chrome fixtures & extensive detailed tile. Deck off entry. One car reserved parking. Easy access to shops, parks, restaurants, freeways, bus line & light rail. Quaint complex, low $100 monthly HOA fees, no rental cap!

748 S Cloverdale Street Unit #8, Seattle

Listing Broker: eXp Realty; Jeff Dickinson; 206-852-9711; jeffdickinson55@gmail.com

748 S Cloverdale Street Unit #Unit 6, Seattle

$249,950

1 Beds ⋅ 1 Baths ⋅ 2563080 MLS ⋅ ACTIVE Status

This is a transforming condo complex. A number of the units will be remodeled and updated, ready for sale. This unit has just been completely remodeled: one bedroom, one full bath, ground-floor unit with no steps. 1st floor has so much to offer with lots of natural light. New laminate flooring throughout, new doors, trim, new lighting fixtures, and paint. The open kitchen has new cabinets, a new stove and refrigerator, and beautiful granite countertops. The bathroom has new flooring, a new tub surround, and a vanity with a granite counter. Make this a must-see on your list. Just a short commute to downtown Seattle.

748 S Cloverdale Street Unit #Unit 6, Seattle

Listing Broker: Berkshire Hathaway HS NW; Tom E. Brunner; 253-332-7400; tombrunner@BHHSNWRE.com

$479,950

2 Beds ⋅ 1 Baths ⋅ 2557432 MLS ⋅ ACTIVE Status

***BUILDER PAID RATES AS LOW AS 5.50%*** Welcome to your modern retreat in one of the city’s most exciting and rapidly growing neighborhoods. Beautifully crafted homes feature a bright, open-concept layout that effortlessly connects the spacious living area to a sleek kitchen outfitted with stainless steel appliances, quartz countertops, stylish cabinetry, and a generous walk-in pantry. The large primary with full bath, and dedicated laundry. Upper level "NC" second bed/bonus with vaulted ceilings flooding the home with natural light, walkout deck with territorial views, and a wet bar. Mini-split heating & cooling provide efficiency year-round. Off Street Parking Stall. A short walk to local restaurants, parks, and everything South Park!!

806 C S Rose Street, Seattle

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

$450,000

2 Beds ⋅ 1 Baths ⋅ 2496385 MLS ⋅ ACTIVE Status

FHA approved! The long awaited Phase 2 is finally here! The final release with 6 brand new homes located in West Seattle's South Park neighborhood. Final home with this floor plan! Courtyard community setting off of tree lined South Sullivan Street. Contemporary end-unit with large windows and soaring ceilings fill the home with natural light. Designer finishes throughout with hard surface flooring, Bellmont cabinets, quartz countertops, top-tier stainless appliances and more. Stay cool with efficient mini-split A/C on the main floor and in every bedroom. Perfect balance of tucked-in privacy and yet steps away from favorite restaurants and cafes, library, and skate park. Easy transit to Downtown Seattle, Burien and Sea-Tac airport. Quick hop onto multiple freeways. Ask broker about financing incentives up to $17,500 provided by the preferred lender.

809 S Sullivan Street Unit #B, Seattle

Listing Broker: Specialty Real Estate Group; Adrian Chu; 206-407-5452; TeamAdrian@sregusa.com

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