Takoma Park Homes under $500,000

Takoma Park Homes under $500,000

Welcome to Takoma Park, Maryland—a charming city that perfectly blends suburban tranquility with vibrant urban energy. Nestled in Montgomery County, just a stone's throw from Washington, D.C., this delightful community is known for its tree-lined streets, historic homes, and a strong sense of community. With its rich history and diverse culture, Takoma Park offers an inviting atmosphere that appeals to families, young professionals, and retirees alike.

One of the most appealing aspects of Takoma Park is its accessibility to amenities and outdoor spaces. Residents enjoy easy access to local parks, farmers' markets, and a variety of shops and restaurants that reflect the city's eclectic character. The Takoma Park Community Center and the nearby Sligo Creek Park provide ample opportunities for recreation and relaxation, making it a perfect place for those who appreciate an active lifestyle.

For homebuyers seeking affordability without sacrificing quality of life, Takoma Park is a hidden gem. With homes available for under $500,000, this area offers a unique opportunity to own a piece of this vibrant community. Whether you're looking for a cozy bungalow, a charming Victorian, or a modern townhouse, there are options that cater to a range of tastes and budgets.

Living in Takoma Park means embracing a lifestyle that values community, sustainability, and connection. With its rich cultural tapestry and welcoming spirit, this city is not just a place to live—it's a place to thrive. Come discover your new home in Takoma Park, where charm meets opportunity!

Newest Takoma Park Homes under $500,000

8308 Flower Ave Unit 401, Takoma Park
$227,999
2 Beds ⋅ 2 Baths
Welcome to this beautifully renovated 2-bedroom, 1.5-bath condominium offering 1,016 square feet of comfortable living space in a highly convenient location! Thoughtfully updated throughout, this move-in-ready home features brand-new hardwood flooring, a completely renovated kitchen with beautiful granite countertops, brand-new stainless steel appliances, and a new HVAC system. The spacious living and dining areas offer an inviting atmosphere, complemented by abundant natural light and access to a beautiful, generously sized private balcony overlooking the surrounding neighborhood and greenery—the perfect place to enjoy your morning coffee or unwind after a long day. Enjoy the convenience of nearby public transportation, shopping, dining, and everyday amenities. The condominium fee includes exterior building maintenance, gas, laundry, lawn maintenance, trash removal, and water. One parking space is included. With its extensive renovations, spacious floor plan, and convenient location, this condominium offers an exceptional opportunity for comfortable, low-maintenance living! Please note: Select listing photographs have been virtually staged using AI technology to illustrate potential furniture placement and décor. Furnishings and decorative items shown are for illustrative purposes only and are not included in the sale. Please refer to the unstaged photographs for the property's actual appearance.

8308 Flower Ave Unit 401, Takoma Park

Listing courtesy of Taylor Properties. Contact:

7333 New Hampshire Ave Unit 220W, Takoma Park
$153,000
1 Beds ⋅ 1 Baths
Large one bedroom with long balcony facing south. Building is FHA/VA approved. Kitchen with granite countertop, some appliances, hardwood floor in the living room area. Assigned parking.

7333 New Hampshire Ave Unit 220W, Takoma Park

Listing courtesy of The Real Estate Store. Contact:

8308 Flower Ave Unit 203, Takoma Park
$190,000
1 Beds ⋅ 1 Baths
Spacious one-bedroom condo in a boutique elevator building with an assigned parking space. This inviting home features beautiful floors and abundant natural light throughout. The updated kitchen offers generous counter space, and a convenient pass-through to the living room. The dining area flows seamlessly into the spacious living room, creating an ideal setting for everyday living and entertaining. A glass sliding door opens to an oversized tiled balcony—perfect for enjoying your morning coffee or relaxing outdoors. The bright, generously sized bedroom includes a huge walk-in closet for exceptional storage.

8308 Flower Ave Unit 203, Takoma Park

Listing courtesy of S 4 Realty. Contact:

605 Ethan Allen Ave, Takoma Park
$499,000
3 Beds ⋅ 3 Baths
Come see this 3-bedroom, 2.5-bathroom home with a large backyard! Long driveway and garage! Location is amazing. And the backyard has a huge shed as well!

605 Ethan Allen Ave, Takoma Park

Listing courtesy of Real Broker, LLC. Contact:

116 Lee Ave Unit 309, Takoma Park
$169,000
1 Beds ⋅ 1 Baths
Your sunny retreat in the heart of Takoma Park! Located on the 3RD floor, this VA-APPROVED ELEVATOR CONDO offers a perfect blend of modern convenience and classic charm, with NO "PARKING LOT VIEWS" - just peaceful, tree-top vistas and no stairs to deal with! The open-concept layout immediately welcomes you with GLEAMING HARDWOOD FLOORS and large windows that flood the living and dining areas with ABUNDANT NATURAL LIGHT. The kitchen is a chef’s delight, featuring premium GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES, and a BRAND NEW OVER-THE-OVEN MICROWAVE (2026). A bright kitchen window frames lovely views, while the convenient pass-through breakfast bar makes entertaining a breeze. Additional updates include a NEW KITCHEN FLOOR (2026) and a professionally UPGRADED BEDROOM CLOSET (2025) with custom organization, complementing the generous storage found throughout the unit, including a large hallway closet and cooling ceiling fans. Step outside and enjoy UNBEATABLE WALKABILITY. You are just steps from the Takoma Park Metro, the popular Sunday Farmers Market, and Sligo Creek Park. Enjoy local favorites right at your doorstep, including the TPSS Co-op, Soko Butcher, Cielo Rojo, Busboys and Poets, Takoma Bev Co, and Old Takoma Ace Hardware. This pet-friendly, vibrant community truly offers the best of urban-suburban living!

116 Lee Ave Unit 309, Takoma Park

Listing courtesy of Weichert, REALTORS. Contact:

7611 Maple Ave Unit 503, Takoma Park
$325,000
3 Beds ⋅ 2 Baths
Beautiful tree-lined views, a large balcony, and Northern & Eastern exposures bring the outside in for this spacious condo in the heart of Takoma Park. The open living and dining room boasts updated floors and newly installed recessed lighting. Three spacious bedrooms each have large reach in closets and two large hall closets big provide ample in-home storage. The primary bedroom is situated on the corner of the unit, with views on two sides and an en-suite private bathroom. All three bedrooms are incredibly spacious, with room for guests, office space, and your peloton! The hall bath was recently renovated as well. Laundry room is on the second floor of the building, but in-unit laundry is allowed. Condo fee includes all utilities but electricity, which runs $80-120/mo. The Takoma Phoenix Condominium is ideally located - a small grocer is next door, the community center with dog park, pool, skate park, library, and community activities is across the street, and you are a short, tree-lined walk through the neighborhood to the red line Takoma metro station and downtown Takoma - home to Busboys & Poets, Takoma BevCo, Roscoe's Pizza, Republic, Ciela Roja, and a year-round Sunday farmer's market. Parking is available off-street for $20/each space , and visitor parking for guests is free. PETS ALLOWED! Building information on MLS is incorrect. Both dogs and cats are allowed! Accessible building with side ramped entrance to the second floor of the building, and elevator access to unit floor.

7611 Maple Ave Unit 503, Takoma Park

Listing courtesy of Compass. Contact:

7333 New Hampshire Ave Unit 102, Takoma Park
$245,000
2 Beds ⋅ 2 Baths
DREAMS DO COME TRUE! FULLY RENOVATED GROUND FLOOR, 2-BEDROOM 2-BATH CONDO WITH ALL UTILITIES INCLUDED IN TAKOMA PARK! Welcome to this beautifully renovated and spacious 2-bedroom, 2-bath residence in the desirable Takoma Overlook Condominium. Completely renovated 2 years ago, this move-in-ready unit offers modern finishes, generous space, and Concierge maintenance-free living just minutes from Washington, DC. Features include a gourmet kitchen with white shaker cabinets, quartz countertops, and stainless-steel appliances. Updated flooring and lighting flow throughout the home, complemented by two bathrooms. The primary suite includes a private ensuite bath with a walk-in shower. This unit offers exceptional storage with three large walk-in closets, plus the convenience of a full-size washer and dryer in the unit. Enjoy outdoor living with a private patio overlooking the peaceful community Zen garden. An assigned parking space near the front entrance conveys, along with additional storage. The condo fee includes ALL utilities, providing simple and predictable monthly expenses. Takoma Overlook is a Concierge, full-service, amenity-rich community featuring on-site management, a pool, tennis courts, a tot lot, a picnic area, and a fenced dog park. Pet-friendly and investor-friendly. VA APPROVED Ideally located near the DC line, Beltway, major commuter routes, bus lines, and multiple Metro options. Minutes to Takoma Park shops, restaurants, and Sligo Creek trails. Yes, Dreams Do Come True!

7333 New Hampshire Ave Unit 102, Takoma Park

Listing courtesy of Samson Properties. Contact:

116 Lee Ave Unit 110, Takoma Park
$159,000
3 Beds ⋅ 2 Baths
Move in ready! Special Financing! "Rare" 3 Br 2 Full Bath corner unit. 1260 SQ FT "ITS BIG" Close to Metro. Gas, Heat & Water included in Condo Fee. Spacious & Bright Large Panoramic Window in Living Room . Kitchen with GAS COOKING updated Appliances & Granite counters. Convenient to Shopping & Restaurant. Laundry is across the hall from unit. Moved in ready "Come & be Dazzled" "Call agent to enter right side of building"

116 Lee Ave Unit 110, Takoma Park

Listing courtesy of Long & Foster Real Estate, Inc.. Contact:

116 Lee Ave Unit 105, Takoma Park
$159,000
2 Beds ⋅ 1 Baths
Huge Price Drop as seller is Very motivated ‼️ Discover this beautifully updated 2-bedroom, 1-bath condo offering 938 sq. ft. of sun-filled living space. The home features a fully renovated bathroom, fresh paint throughout, all-new lighting, and stylish waterproof laminate flooring. The open living and dining area is perfect for entertaining, while the modern kitchen boasts stainless steel appliances, granite countertops, and ample storage. Additional conveniences include reserved parking, an elevator, and an easily accessible laundry room. Set in a well-maintained, pet-friendly building, this condo blends a charming retro aesthetic with modern comforts. Its unbeatable location offers easy access to Takoma Park Metro Station, a bus stop just a block away, and major commuter routes. Enjoy being minutes from Takoma Park’s vibrant downtown—filled with shops, restaurants, parks, and a lively farmers market. seller is very motivated. Present all offer and will be considered.

116 Lee Ave Unit 105, Takoma Park

Listing courtesy of Samson Properties. Contact:

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