Most Affordable Homes for Sale in Richmond, VA Right Now
Last updated: July 30, 2025
Richmond has a median home sale price of $444K, a 4.8% increase from last year. Homes stay on the market for an average of 33 days and receive an average of 2 offers.
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Cozy 1 bed 1 bad Condo. Stainless steel appliances. Quartz countertops. Go and show.
About this home
Located in the Shannon Green Subdivision in Henrico’s West End, this 1,120± SF townhouse offers 3 bedrooms and 1.5 bathrooms with a functional, comfortable layout perfect for everyday living. Built in 1993, the home features a cozy living room with a wood-burning fireplace, an eat-in kitchen, in-unit washer and dryer, and a private fenced backyard ideal for entertaining or relaxing. Whether you're a first-time homebuyer, investor, or looking to downsize, this move-in ready property offers great potential with room to personalize. Enjoy the convenience of being just minutes from West Broad Street, major interstates, shopping, dining, and the City of Richmond—making it an ideal location for commuters, city lovers, or anyone looking for easy access to everyday essentials! NOTE: This property is subject to Auction, the list price is not the selling price, but the opening bid at the auction. The seller reserves the right to accept an offer prior to the auction. The property is being sold completely "AS-IS. "
About this home
Welcome home to 3510 East Richmond Road Unit 5! Conveniently located to interstates, and White Oak Village shopping and dinning, this adorable completely renovated condo is ready for its new owner! Arriving at the home you will notice the paved walkway leading you up to the covered front porch. Once inside, you will notice the beautiful flooring and fresh paint throughout the main floor . The roomy kitchen has been updated with new flooring, granite counters and brand new stainless steel appliances . Also on the main floor is the living space with laundry closet with washer/ dryer combo machine. Heading up to the second floor you will find the two spacious bedrooms, hall closet and full hall bathroom. The bathroom had been completely renovated. Both bedrooms have new flooring and spacious closets. Don’t miss out on this gem schedule your private showing today!
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INVESTOR SPECIAL - Are you a first time investor or investor looking to add to their rental portfolio? This property is perfect for you! Come and see 3510 E. Richmond Rd #U3. This beautifully remodeled 2-bedroom, 1-bath townhome offers modern comfort with LVP flooring on the main level and cozy carpet upstairs. Enjoy the convenience of washer and dryer connections and a fresh, contemporary feel. Don't miss out on this gem!
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Attention investors! This classic 2-bedroom, 1-bath cottage-style home in South Richmond is the perfect addition to your portfolio. Built in 1946 and situated on a flat, partially fenced 0.11-acre lot, this one-story property offers 672 square feet of potential. Additional features include vinyl siding, previously replaced windows (2 years ago), a front and side porch, off-street and on-street parking, and public utilities. Located minutes from Richmond Highway with convenient access to schools and city amenities. The home is sold as is – bring your vision and unlock its value! Zoned R-5 with potential for rental or resale. Don't miss this affordable, centrally located opportunity!
About this home
Two-bedroom home and two full baths.
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Welcome home to 5220 Castlewood Road Unit E. This unusual 3-bedroom, 1.5-bathroom condo offers 1042 sq ft of low-maintenance living in the sought-after Tree Top Condominium Community. The home features an eat-in kitchen with stainless steel appliances, a living room with built-in shelves, and access to a private back balcony. The laundry features a stacked washer/dryer combo. The balcony overlooks the beautiful nature trail along Falling Creek. You can hear the "Babbling Brook" as you are having your morning coffee. There is a community pool and grills. Freshly painted and new carpeting installed, this is a great live in or investment property. Immediate Occupancy. Don't wait until it's too late to call this place your own!
About this home
Investor Special with Exterior Upgrades! Welcome to 2306 Yorktown Avenue, a solid 2-bedroom, 1-bath home in South Richmond priced at just $164,995. With a brand-new roof, new vinyl siding, new windows, and freshly wrapped window trim, the heavy lifting has already been done on the exterior—providing strong curb appeal and long-term value. Inside, the home features original hardwood flooring throughout and offers a great layout ready for cosmetic updates or renovations. Whether you're looking to fix and flip, add to your rental portfolio, or customize a primary residence over time, this property presents a compelling opportunity at an affordable price point. Sold strictly AS-IS. Schedule your showing today and unlock the potential of this Richmond gem!
About this home
Investor’s Opportunity in Richmond – Fix & Flip or Hold as a Rental! This property offers great potential for investors or DIY enthusiasts. Located in the City of Richmond, it’s ready for a fresh vision. Spacious 2-bedroom, 1-bath home—perfect for maximizing space and functionality. The HVAC system is only 8 months old, and the roof is around 7 years old, so two of the major updates are already complete. With some repairs and creative updates, this home can be transformed into a solid rental or your next profitable flip. Whether you’re building your portfolio or starting your first project, this is an excellent opportunity in a growing neighborhood. Home to be sold strictly as-is. Inspection is for informational purposes only.
About this home
This property is priced to sell and offers a blank canvas for those looking to add their personal touches. While the house requires some work, the flooring is already on-site, so you're off to a great start. The Association has made plans to replace all the windows and the sliding glass door, opening up to the wrap-around porch that overlooks the tennis courts. The gated community provides a pool, playground, tennis courts, and an exercise room, allowing you to enjoy a resort-style lifestyle. Conveniently located near major interstates, shopping, and dining options, this condominium is also in close proximity to The Crossings Golf Course, which is currently undergoing an impressive $11 million renovation with the anticipation of hosting future PGA Tours. Don’t miss out on this opportunity to purchase a condo at The Links at the best price available.
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