Takoma Park Homes under $500,000

Takoma Park Homes under $500,000

Welcome to Takoma Park, Maryland—a charming city that beautifully blends suburban tranquility with urban convenience. Nestled in Montgomery County, just a stone's throw from Washington, D.C., Takoma Park is renowned for its vibrant community spirit, lush greenery, and historic architecture. With tree-lined streets and an array of parks, this city offers a serene escape from the hustle and bustle of city life, making it an ideal place for families, young professionals, and retirees alike.

Takoma Park is not just about its picturesque surroundings; it boasts a rich cultural tapestry and a strong sense of community. Residents enjoy a variety of local shops, artisanal cafes, and farmers' markets that showcase the area’s commitment to sustainability and local businesses. The city also hosts numerous events throughout the year, fostering a sense of togetherness and celebration among its residents.

For those seeking affordable housing options, Takoma Park offers a unique opportunity with homes available for under $500,000. This is a rare find in a region known for its proximity to the nation’s capital. Whether you’re looking for a cozy bungalow or a charming townhouse, you’ll discover a range of properties that cater to diverse tastes and budgets.

With its excellent schools, convenient transit options, and strong community engagement, Takoma Park is not just a place to live—it's a place to thrive. Discover your dream home in this delightful city, where affordability meets quality living in one of Maryland’s most sought-after neighborhoods.

Newest Takoma Park Homes under $500,000

7333 New Hampshire Ave Unit PH03, Takoma Park
$254,950
2 Beds ⋅ 2 Baths
Stunning 2 Bedroom 2 Bath Penthouse Condo in Takoma Park! Entering this amazing space you are welcomed by the foyer where you are welcomed by the hardwood flooring found throughout the space. Heading in further you will find the sun-soaked living room spacious enough to fit whatever your needs are for this central space with ample natural light coming from the balcony and leads to the dining area. The modern kitchen is next, featuring stainless steel appliances, refrigerator with ice maker, duel washer/dryer, ample counter space and great cabinet space. Heading further into the condo, you will find the bedrooms each with wall to wall carpeting, generous closet space and ample natural light. Enjoy the comforts that the penthouse level offers such as a stunning view from the balcony, perfect for starting and ending any day!

7333 New Hampshire Ave Unit PH03, Takoma Park

Listing courtesy of Choice Property Management Services LLC. Contact:

712 Ludlow St, Takoma Park
$495,000
3 Beds ⋅ 2 Baths
Great investment opportunity in the Rolling Terrace community with no HOA. This three-bedroom, one-and-a-half-bath single-family home offers plenty of space and possibilities. The main level features a living room, separate den, formal dining room with chair rail and bay window, kitchen with granite countertops, half bathroom, and a spacious family room. A small mudroom provides convenient access to the fenced backyard surrounded by trees. Upstairs are three bedrooms and a full hall bathroom. The partially finished basement includes a flexible rec room and laundry area. Complete with a private driveway and generously sized yard, this home needs some work but is ready for your personal touches and vision!

712 Ludlow St, Takoma Park

Listing courtesy of Keller Williams Realty. Contact:

7611 Maple Ave Unit 205, Takoma Park
$172,000
1 Beds ⋅ 1 Baths
Discover the charm of this beautiful 1-bedroom, 1-bathroom apartment in the heart of Takoma Park, where contemporary living meets community spirit. This home is located in a mid-rise building, originally built in 1962, boasts an open floor plan that seamlessly blends the dining and living areas, perfect for entertaining or relaxing after a long day. Step into a galley kitchen adorned with upgraded countertops and modern appliances, including a gas range, dishwasher, and refrigerator, making meal prep a delight. The wood floors add warmth and elegance, while the balcony offers a serene view inviting you to unwind outdoors. The Takoma Phoenix community is strong and welcoming- a sought after place to land. Enjoy the convenience of included services like trash removal, snow clearing, and custodial maintenance, allowing you to focus on what truly matters. Nestled in a vibrant neighborhood, steps to school, beautiful parks, and a welcoming atmosphere that fosters connection. Explore local shops, cafes, and community events that make Takoma Park a desirable place to call home. With easy access to public services and transportation, this location is ideal for those seeking both tranquility and convenience. Note- We have priced this unit to reflect that the bathroom window needs to be replaced. During a recent storm, a tree fell and damaged several windows on the building. Window will be replaced by building association. Set offering price is reflective of that.

7611 Maple Ave Unit 205, Takoma Park

Listing courtesy of Compass. Contact:

116 Lee Ave Unit 408, Takoma Park
$160,000
2 Beds ⋅ 1 Baths
**LOWEST PRICED & BEST VALUED 2 BR CONDO IN ALL OF TAKOMA PARK!!** Welcome to this beautifully renovated 2-bedroom, 1-bath condo in Takoma Park, offering a stylish, comfortable living space with thoughtful upgrades throughout. Completely renovated from top to bottom, the home features refinished real hardwood floors, upgraded dual-pane windows, solid-core interior doors with new hardware, modern recessed lighting, and custom blinds that complement its clean, contemporary feel. The living room is highlighted by a custom built-in entertainment center, while the expanded and fully renovated kitchen features custom stone countertops, upgraded cabinetry with additional storage, a tiled backsplash, recessed and pendant lighting, and updated stainless steel appliances—including a five-burner gas range with hood/exhaust system and a new dishwasher added in 2026. The renovated bathroom adds an unexpected touch of luxury with heated flooring, while an additional storage closet with washer/dryer hookup provides extra convenience and functionality. The unit also includes one assigned parking space, and the condo fee covers water, sewer, trash, gas, heat, and common-area maintenance, helping simplify monthly expenses. Ideally situated in Takoma Park, the home is just a short walk from Metro and offers convenient access to nearby shopping, dining, and all that Washington, DC and the surrounding area have to offer. With its extensive renovations, abundant storage, modern finishes, and highly convenient location, this move-in-ready condo offers an appealing combination of style, comfort, and everyday convenience.

116 Lee Ave Unit 408, Takoma Park

Listing courtesy of Keller Williams Capital Properties. Contact:

7333 New Hampshire Ave Unit 1109, Takoma Park
$209,500
2 Beds ⋅ 1 Baths
IMPROVED PRICE! FHA Approved! Pet friendly! Assigned parking! Affordable luxury in Montgomery County, Takoma Park, inside the beltway. Almost 1,000 sq ft includes 2 bed (den)/1 bath in full service building w/ pool, tennis courts, barbeque area, tot lot, fenced in dog park, extra storage, lobby and front desk. Gourmet kitchen includes stainless steel appliances, granite counters, 42" cabinets. Open floorplan with private balcony. Second bedroom is perfect as a home office, TV den or guest bedroom (closet was removed to open up the space). Engineered hardwood, walk-in closets and track lighting. Combo W/D in the unit plus common laundry on each floor. Condo fee includes all utilities.

7333 New Hampshire Ave Unit 1109, Takoma Park

Listing courtesy of Continental Properties, Ltd.. 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:

116 Lee Ave Unit 104, Takoma Park
$119,000
1 Beds ⋅ 1 Baths
Welcome home to this 1-bedroom, in the well-established Sherwood building, ideally located in the heart of Takoma Park. This unit offers a comfortable, low-maintenance layout with hardwood-style flooring throughout the main living areas. The open living and dining space is flooded with natural light from a large window and offers plenty of room for both relaxing and entertaining. The kitchen features granite countertops, stainless steel appliances including a gas range, microwave, and dishwasher, plus warm wood cabinetry with great storage. The spacious bedroom includes a large window and a generous walk-in closet with built-in shelving — a rare find at this price point. The full bath has been nicely updated with a granite-topped vanity, tiled tub/shower surround, and modern fixtures. Additional highlights include on-site parking and a well-maintained building exterior with mature landscaping. Located just minutes from downtown Takoma Park, Metro access, local shops, and dining.

116 Lee Ave Unit 104, Takoma Park

Listing courtesy of Perennial Real Estate. 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
$249,000
2 Beds ⋅ 2 Baths
DREAMS DO COME TRUE! FULLY RENOVATED 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
$179,000
3 Beds ⋅ 2 Baths
Great financing available "Rare" 3 Br 2 Full Bath. 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. Priced under market! 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:

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