Homes for sale under $500k in Spokane, WA

Homes for sale under $500k in Spokane, WA

Welcome to this stunningly updated rancher nestled in the desirable South Hill neighborhood. Boasting an open-concept layou, this home offers both functionality & charm with tasteful upgrades throughout. Enjoy the ease of main-floor living with 2 spacious bedrooms upstairs, complemented by 2 additional bedrooms on the lower level, ideal for guests, a home office, or multi-generational living. The formal dining room adds a touch of elegance, perfect for entertaining family & friends. The gourmet kitchen features granite countertops, high-end SS appliances & ample cabinetry—sure to impress any home chef. A newly renovated bathroom adds a fresh, contemporary feel to the

Homes for sale under $500k in Spokane, WA

This updated 4+ bedroom, 2 bath home with an office has the space and comfort you’ve been looking for. The kitchen features new counters, the bathrooms are nearly all new, and the floors and paint give the whole house a fresh, modern feel. A 3+ car garage provides plenty of storage and flexibility, and the large lot offers room for an ADU or extra space to make your own. The fenced backyard is ready for pets, play, or entertaining. Located in the Mead School District, this home is move-in ready and full of potential!

Homes for sale under $500k in Spokane, WA

Located in Spokane’s up-and-coming Hillyard neighborhood, the Queen Apartments offer an affordable, turnkey multifamily investment. Units feature new LVP flooring and fresh interior paint, allowing an investor to lease the remaining vacancies and generate immediate cash flow. The property includes a mix of 2bed/1bath, 1bed/1bath, and SRO units, plus a backyard storage shed and a basement with potential for a future laundry room. With an 8.34% cap rate (vs. the 2025 county average of 6.41%) and a price of $56,250/unit—well below the $124,413 county average—this asset provides clear value upside. Over $150,000 in recent improvements and a simple, low-maintenance layout make

Homes for sale under $500k in Spokane, WA

Centrally located townhome with no HOA dues! Just off the Freeway and 195 you are minutes to the airport, hospitals and all downtown Spokane has to offer. The main floor has an open great room setup with gleaming wood floors throughout. Step into the kitchen and be greeted with white shaker style cabinets, beautiful quartz countertops and stainless appliances. Two bedrooms and a guest bath on the main floor with a spacious primary suite complete with a walk-in closet. Downstairs could easily be used for multi-generational living or an in-law setup with an oversized bedroom, massive living space, office and own bathroom. Easy maintenance townhome with fenced backyard perfect for Fido to roam