5 - Downtown Anchorage Homes under $500,000

**Discover the Charm of Downtown Anchorage**

Welcome to Downtown Anchorage, a vibrant hub where modern urban living meets the breathtaking beauty of Alaska’s natural landscapes. Nestled between the stunning waters of Cook Inlet and the majestic peaks of the Chugach Mountains, this neighborhood is a treasure trove of adventure, culture, and community.

Downtown Anchorage boasts a rich tapestry of experiences, from eclectic shops and artisan markets to world-class dining and lively entertainment venues. Stroll along the picturesque waterfront, where you’ll find locals and visitors alike enjoying the fresh Alaskan air. The area is also home to a variety of cultural attractions, including the Anchorage Museum, which showcases the state’s history and art, making it a must-visit for anyone looking to immerse themselves in local culture.

For those seeking a home in this dynamic neighborhood, Downtown Anchorage offers a range of properties under $500,000. Whether you’re looking for a cozy condo with stunning views or a charming townhouse with easy access to the city’s amenities, there’s something for everyone. These homes provide not just a place to live, but a lifestyle enriched by the unique blend of urban convenience and natural beauty.

With its friendly community, vibrant arts scene, and endless outdoor activities, Downtown Anchorage is more than just a place to call home; it’s a lifestyle waiting to be embraced. Come and explore the possibilities that await you in this enchanting Alaskan gem!

Newest 5 - Downtown Anchorage Homes under $500,000

$235,000

2 Beds ⋅ 2 Baths ⋅ 26-13462 MLS

This inviting residence offers a stylish blend of comfort and convenience, featuring thoughtful updates throughout and a functional floor plan designed for easy living. The spacious living area is filled with natural light and opens to a private balcony, creating the perfect space to relax or entertain. The updated kitchen offers ample cabinet and counter space, while the adjoining dining area s everyday meals and gatherings effortless. The generous primary bedroom provides a peaceful retreat, complemented by a convenient half bath. A second bedroom offers flexibility for guests, a home office, or hobby space. Updated finishes and modern touches throughout give the home a fresh, move-in-ready feel. Located in the Cordova Square complex, residents enjoy locked building access, elevator, dedicated garage parking space, roof top decks and the convenience of being just minutes from downtown restaurants, shopping, parks and trails.

310 E 11th Avenue Unit #313, Anchorage

Listing Office Herrington and Company, LLC

$159,900

1 Beds ⋅ 1 Baths ⋅ 26-13459 MLS

Check out this 1 bed, 1 bath condo located at Cordova Square. All ready for the new owner to put their own style into this condo! Stacked washer and dryer in the condo. Large closets along with main bldg storage closet. Elevator, secure entrance. Dedicated parking space in the parking lot. Rooftop deck with seating area and grill! Watch the Rondy sled dogs & New Year's fireworks from the rooftop!

310 E 11th Avenue Unit #119, Anchorage

Listing Office Herrington and Company, LLC

$264,500

2 Beds ⋅ 2 Baths ⋅ 26-13404 MLS

Whether you're searching for a low-maintenance primary residence, a convenient downtown retreat, this desirable corner unit provides added privacy and abundant natural light, while the convenient downtown setting places you just minutes from restaurants, shopping, parks. Refreshed with new interior paint and new flooring in the kitchen and bathrooms, its move in ready. 1 designated parking space.

221 E 7th Avenue Unit #113, Anchorage

Listing Office Keller Williams Realty Alaska Group

$164,900

2 Beds ⋅ 1 Baths ⋅ 26-12768 MLS

Enjoy convenient downtown living in this light and bright 2nd floor corner end unit! This well-maintained 2 bed, 1 bath condo offers comfortable living space with the DUES covering HEAT, WATER/SEWER, TRASH, SNOW REMOVAL, & EXTERIOR MANIT. The kitchen provides plenty of counter space & storage, all stainless steel kitchen appliances stay, along with the washer & dryer. Additional features include secured main entry & one dedicated parking space. Ideally located near the Park Strip with easy access to downtown shopping, dining, recreation, & bus stops. A great opportunity to enjoy a convenient location & low maintenance lifestyle. Schedule your showing today!

329 E 14th Avenue Unit #4, Anchorage

Listing Office Jack White Real Estate

$325,000

2 Beds ⋅ 2 Baths ⋅ 26-12595 MLS

Peaceful Downtown Anchorage living with city & mountain views! Walk to offices, dining, nightlife, the Captain Cook pool, trails & fishing. Rare association allowing short-term rentals! 2BR/2BA with two kitchens & living areas; use together or easily separate. Rent one or both! Low dues include heat for peace of mind. A great opportunity to start or grow your investment portfolio!

525 W 3rd Avenue Unit #402, Anchorage

Listing Office Herrington and Company, LLC

$146,467

2 Beds ⋅ 1 Baths ⋅ 26-12544 MLS

Super cute and furnisher. This well- cared -for cared for two bedroom, one bath condo offers comfortable place to seattle into downtown Anchorage. This ground-floor end unit makes everyday living easy, with a practical layout and an upgraded bathroom with tile flooring. Nice Two Bedroom one Bath Condo. Well Cared for end unit on ground floor. Laundry and storage are Enjoy the on site laundry and additional storage. Plus HOA dues that include heat, water, sewer and trash. With its welcoming feel and convenient location . This charming Chelsea Square condo is a must see.

440 E 11th Avenue Unit #B7, Anchorage

Listing Office Jack White Real Estate

$369,900

2 Beds ⋅ 2 Baths ⋅ 26-12359 MLS

Sweeping Inlet and mountain views await from this inviting 2-bedroom, 1.5-bath Anchorage condo! This 1,094 sq ft top-floor unit, with quick access to the Park Strip upstairs, and to the Coastal Trail downstairs. Features a cozy fireplace, pantry & washer/dryer hookups. Enjoy an attached heated garage and storage.

1300 W 7th Avenue Unit 405, Anchorage

Listing Office Redfin

$497,000

2 Beds ⋅ 3 Baths ⋅ 26-11758 MLS

Modern Executive-Style Condo in the Heart of Downtown. Sophisticated custom finishes throughout featuring TWO bedroom ensuites, 2.5 baths, gas FP, gourmet kitchen w/36'' cherry cabinets, quartz tops & custom tile backsplash. Primary Suite w/luxurious bath. Secondary Bedroom Suite. Balcony off main living & bedrooms. Secure building w/elevator access, heated garage & storage.

222 E 7th Avenue Unit #302, Anchorage

Listing Office Jack White Real Estate

$279,000

2 Beds ⋅ 2 Baths ⋅ 26-11709 MLS

Enormous kitchen will welcome you to this lovely 2nd floor condo. Loaded with storage throughout, you'll find 2 large living areas, a cozy private balcony, 2 spacious bedrooms with bathroom off the main bedroom, but also shared with guest bath off hallway. Washer/dryer in unit, with elevator to floor level, rare 2 garage spaces ! Roof top deck! Dues include heat. Pet up to 25#s ok. Sprinkler syste

315 E 12th Avenue Unit #243, Anchorage

Listing Office Herrington and Company, LLC

$434,000

3 Beds ⋅ 4 Baths ⋅ 26-11543 MLS

PRICE ADJUSTMENT! Beautifully finished & filled with natural light, 3-bdrm, 3.5 bath condo offers 3 levels of living w/ amazing views. Thoughtfully designed floor plan brings kitchen, dining & living spaces together, while keeping bdrms on upper & lower levels. Enjoy private garage, balcony and the ease of condo living in a 2-unit assoc without the feel of a large HOA. Located on a quiet dead end st

1401 Latouche Street Unit #2, Anchorage

Listing Office Real Broker Alaska

$194,900

2 Beds ⋅ 1 Baths ⋅ 26-11258 MLS

Move-in ready top floor condo on quiet dead-end street. This updated condo presents a fantastic investment opportunity or a perfect first home. Featuring brand new updates throughout, including a modern kitchen, washer dryer in unit, updated windows, LVP flooring, new boiler installed 2025! This property is move-in ready and requires minimal upkeep; HOA covers all the necessities so you can continue living life with ease! Private parking located in back of building. The condo is perfectly located near Chester Creek Trail System, downtown shops, and the Sullivan Area! Windjammer Association Dues cover the following, BTV: Common Area Maintenance Landscaping Snow Removal Building Water/Sewer Trash Removal (dumpsters on site) Management Common Area Insurance CPA Services for tax filing Reserves for common area replacement (i.e. exteriors, roofs, driveways and walkways)

1634 Juneau Drive Unit #B, Anchorage

Listing Office Berkshire Hathaway HomeServices Alaska Realty

$300,000

3 Beds ⋅ 2 Baths ⋅ 26-10836 MLS

Former duplex now used as a single-family home with potential to convert back. Located in desirable Third Addition downtown, across from Denali Elementary. Updated kitchen with stainless steel appliances, new LVP flooring upstairs, off-street parking with alley access, and a large shed/workshop with heat and electricity. Sold as is.

917 Cordova Street, Anchorage

Listing Office Jack White Real Estate

Start Your Search

The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Fiorelli Real Estate are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing last updated:

5 - Downtown Anchorage Homes under $500,000

Newest 5 - Downtown Anchorage Homes under $500,000

How much is your home worth?

How much is your home worth?