Lincoln Homes under $500,000

Lincoln Homes under $500,000

Welcome to Lincoln, Washington—a hidden gem nestled in the heart of the Evergreen State! This charming neighborhood offers a unique blend of natural beauty, community spirit, and affordability, making it an ideal place to call home. With stunning views of the surrounding mountains and lush greenery, Lincoln is perfect for those who appreciate the great outdoors. Whether you enjoy hiking, biking, or simply taking in the serene landscapes, this area has something for everyone.

One of the standout features of Lincoln is its commitment to community. Residents here are friendly and welcoming, fostering a warm atmosphere that makes it easy to connect with neighbors and make lifelong friends. The neighborhood boasts a variety of local amenities, including parks, shops, and eateries, ensuring that everything you need is just a stone's throw away.

For homebuyers seeking affordability without sacrificing quality, Lincoln is a fantastic option. With homes available for under $500,000, you can find a charming residence that fits your budget. From cozy bungalows to modern townhouses, the real estate market in Lincoln offers diverse options to suit various tastes and lifestyles. Many homes come with spacious yards, perfect for family gatherings or enjoying a peaceful evening under the stars.

In Lincoln, you’ll find not just a house, but a place where you can truly thrive. Experience the beauty, community, and affordability that this delightful neighborhood has to offer—your dream home awaits!

Newest Lincoln Homes under $500,000

1020 S 43rd Street, Tacoma
$494,462
4 Beds ⋅ 1 Baths ⋅ 2587457 MLS ⋅ ACTIVE Status
Discover timeless Tacoma charm in this beautifully enhanced 1925 Bungalow, gracefully positioned on one of the wider and quiet residential streets within this historic community. Thoughtfully renovated just 3 years ago, the home pairs vintage character with sophisticated modern updates, including a 3 year new roof & Furnace, beautifully remodeled Tile bath, and an updated chef-inspired kitchen showcasing a Plentiful amount of Quartz countertops, if you are a baker you would love this! abundant cabinetry, matte-black fixtures and stainless-steel appliances. beautiful quality flooring flows throughout the main living spaces. The carpeted Upstairs, softens sounds for the main floor. The 2nd floor features cove ceilings leading you to the 3rd bedroom, complemented by a charming loft complete with built-in drawers and storage plus a versatile den—or "You name it" Room. The lower level has its own exterior access offering future ADU potential. This level features a 4th bedroom with new flooring, laundry area with included washer/dryer and a fun wine cellar. The long driveway leads to an expansive rear yard and a 378-SqFt garage with shop space, includes a man door and a garage door complete with an automatic opener. The inviting rock patio area features a vintage brick fireplace which is beautifully repurposed as a garden feature overflowing with colorful blooms. A lovely home with even more potential for the new owners to make it their own.

1020 S 43rd Street, Tacoma

Listing Broker: BCR LLC; Gini Anderson; 253-988-0180; ginishomes4u@gmail.com

3501 S Asotin Street, Tacoma
$365,000
2 Beds ⋅ 1 Baths ⋅ 2580212 MLS ⋅ ACTIVE Status
Set on a large corner lot, this South Tacoma bungalow is move-in ready with several updates and some room to grow! With brand new siding, gutters, & exterior paint, you'll walk through the front door into a large living room with a beautiful picture window that keeps things feeling light and bright. With a classic and functional bungalow layout, you'll find two bedrooms with an updated full bath between them. Ample closet space in the bedrooms/living room keeps things tidy. The kitchen has original charm, tons of storage, & an eating/flex space for dining or a home office. Lots of windows, a practical layout, & fresh paint make the kitchen live larger. Through the utility/laundry space, the covered back patio offers usable space for an outdoor living room, hosting friends, a gym, or extra dry storage. A massive backyard, fully fenced & gated on all sides, with a storage shed, fire pit, & room for pets or future projects. This corner lot has loads of development potential under the Home in Tacoma zoning incentives with ADU, DADU, garage/shop, & multi-unit possibilities. With upgraded electrical, flooring, paint, new interior trim, & a view of Mt. Rainier, there's future-proof peace of mind, so all that's left to do is move in & enjoy! Minutes from the best spots in the Lincoln District & South Tacoma. Vien Dong Restaurant, Side Piece Kitchen, Bluebeard Coffee STW, Howdy Bagel, I-5 access, Tacoma Mall, & Wapato Park. Super cute, updated, move-in ready, and ready for you!

3501 S Asotin Street, Tacoma

Listing Broker: Windermere Prof Partners; Justin Smith; 727-252-4315; justinsmith@windermere.com

1709 S 35th Street, Tacoma
$425,000
3 Beds ⋅ 1 Baths ⋅ 2576064 MLS ⋅ ACTIVE Status
Calling Inspired Buyers and Investors. This 3 Bed, 1 Bath, 1941 Tacoma Craftsman has gotten a Facelift while still keeping its 1940's Charm. New Paint throughout the 1,304 Sqft Interior means the Coved Ceilings, Arched Doorway, Wooden Trim and Well Kept Wooden Kitchen Cabinets are Highlighted Beautifully. Not to mention the New Seamless Vinyl Plank Flooring throughout the Entire Main Level with New Carpet in the Loft and Upstairs Bedroom. Other Highlights include New Bathroom Vanity and Faucet, along with Forced Air Heating and Air Conditioning to keep you comfortable year round. This Classic Home is Move-In-Ready but there is still room to Stylize it and Make it Your Own! Outside, you'll find New Exterior paint on the House, Covered Patio, and the Detached 2-Car Garage- which also has a New Metal Garage Door and Classic Functioning Sliding Doors to the Alley. With a Fully Fenced 9000 Sqft Lot- there are so many possibilities! Build a DADU (or 2!), Shop, or an Urban Garden in this Level Lot with a Rolling Gate from the Alley. It gives you Ample Choices to Build Equity or Create Your Personal Sanctuary. Options Mean Opportunity! Preferred Lender is offering up to 1% Lender Credit to qualified buyers to make this dream come true. We've made her Pretty again, now You can come Finish and Enhance the Charm and Beauty of this Classic Craftsman Home, or have the Ultimate House Hack and Build Wealth with Multiple Units.

1709 S 35th Street, Tacoma

Listing Broker: Real Broker LLC; Kari Rae Davis; 206-330-6985; karirae@karisellsthecity.com

1315 S 43rd St, Tacoma
$347,505
2 Beds ⋅ 1 Baths ⋅ 2549681 MLS ⋅ ACTIVE Status
Attention First-Time Homebuyers! Discover how Seller can help with closing costs, a rate buy-down, or a budget for fresh interior paint and a new washer and dryer! This super cute 1925 Bungalow offers far more than its compact, warm, and inviting layout. Enjoy your morning coffee in the classic arched kitchen nook, then step out the back door to a covered patio designed for year-round entertaining. The patio leads to a fully restored, detached 1-car garage/shop featuring a brand-new roof, fresh interior paint, and a bright window. With a modest, easy-care yard and garden, you get all the benefits of outdoor space without the weekend chores. Move-In Ready: A seller-procured inspection prompted key upgrades, including all-new electrical wiring throughout, a new stove/range, and a beautifully updated bathroom with new lighting, new fan & restored vintage bathtub. Flexible Living Space: Primary bedroom easily fits a king-size bed and features a walk-in closet. The flexible second bedroom is perfect for a home office, workout space, or guest room. Ample parking in garage off the alley, or extended new driveway! Nestled in the vibrant Lincoln International District, you're minutes from grocery stores, local restaurants, a pharmacy & post office. Commuting is a breeze with easy access to I-5, JBLM, the Tacoma Mall, local parks & Downtown Tacoma. It’s time to Reimagine Where You Call Home. Schedule your tour today and see how you can make this light-filled cottage yours!

1315 S 43rd St, Tacoma

Listing Broker: COMPASS; Melene Thompson; 206-313-1739; melene.thompson@compass.com

3838 S G Street, Tacoma
$435,000
3 Beds ⋅ 2 Baths ⋅ 2556577 MLS ⋅ ACTIVE Status
Thoughtfully renovated and full of opportunity, this Lincoln District gem offers the ultimate house hack with flexible living and income potential. Live in one space while generating rental income from the other, or maximize your investment by renting both levels. The main floor features a bright 2-bedroom, 1-bath layout filled with Craftsman charm. The inviting living room showcases a cozy brick fireplace, oversized mantel, and built-ins, while the beautifully updated kitchen offers new cabinetry, countertops, backsplash, stainless steel appliances, and a sunny eating nook. Fresh paint, new flooring, a newer side sewer line, a newer furnace, and a newer roof make this home move-in ready. Downstairs, the separate-entry lower level offers a private 1-bedroom, 1-bath living space with its own kitchenette. Currently rented month-to-month, it provides immediate income potential or flexibility for multigenerational living, guests, or a home office. Outside, enjoy a spacious backyard patio with a fire pit, detached one-car garage, and inviting covered front porch. Located in Tacoma's vibrant Lincoln District, you'll enjoy a walkable neighborhood close to downtown, shopping, dining, schools, parks, bus lines, and easy freeway access. Whether you're searching for your first home, an investment property, or a smart way to offset your mortgage, this Tacoma gem delivers style, flexibility, and built-in income potential. The full remodel upstairs comes with a transferable warranty.

3838 S G Street, Tacoma

Listing Broker: Windermere Real Estate/PSR Inc; Jaime Carroll; 206-595-2598; jaime@windermere.com

3838 S G Street, Tacoma
$435,000
3 Beds ⋅ 2 Baths ⋅ 2555273 MLS ⋅ ACTIVE Status
Thoughtfully renovated and full of opportunity, this Lincoln District gem offers the ultimate house hack with flexible living and income potential. Live in one space while generating rental income from the other, or maximize your investment by renting both levels. The main floor features a bright 2-bedroom, 1-bath layout filled with Craftsman charm. The inviting living room showcases a cozy brick fireplace, oversized mantel, and built-ins, while the beautifully updated kitchen offers new cabinetry, countertops, backsplash, stainless steel appliances, and a sunny eating nook. Fresh paint, new flooring, a newer side sewer line, a newer furnace, and a newer roof make this home move-in ready. Downstairs, the separate-entry lower level offers a private 1-bedroom, 1-bath living space with its own kitchenette. Currently rented month-to-month, it provides immediate income potential or flexibility for multigenerational living, guests, or a home office. Outside, enjoy a spacious backyard patio with a fire pit, detached one-car garage, and inviting covered front porch. Located in Tacoma's vibrant Lincoln District, you'll enjoy a walkable neighborhood close to downtown, shopping, dining, schools, parks, bus lines, and easy freeway access. Whether you're searching for your first home, an investment property, or a smart way to offset your mortgage, this Tacoma gem delivers style, flexibility, and built-in income potential. The full remodel upstairs comes with a transferable warranty.

3838 S G Street, Tacoma

Listing Broker: Windermere Real Estate/PSR Inc; Jaime Carroll; 206-595-2598; jaime@windermere.com

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