Most Affordable Homes for Sale in Richmond, VA Right Now
Last updated: July 15, 2025
Richmond has a median home sale price of $444K, a 5.0% increase from last year. Homes stay on the market for an average of 32 days and receive an average of 2 offers.
About this home
UNDER 100K IN RICHMOND VA! this is a Great investment opportunity, as well as a primary home. This cool little house has tiled shower, painted cabinets, concrete counters, and Ductless HVAC Mini split. Listed at 99K with only a little work to be done makes it one of the most affordable houses in Richmond. and with a little TLC this could be a Cash flowing Gem. preferred to sell as is. This won't last long!
About this home
Calling all investors or maybe first time home owners. This condo has been a great steady rental for the past 8 years. Being sold as is, no known defects. 2 bedrooms upstairs, 1 full bath upstairs. Laundry upstairs, washer and dryer convey. Downstairs has a large family room and kitchen. Outback is a private back yard with fencing.
About this home
Cozy 1 bed 1 bad Condo. Stainless steel appliances. Quartz countertops. Go and show.
About this home
* * SELLER FINANCING AVAILABLE * * WHAT A DEAL!! Welcome to this charming handyman special. Offering (1,070 ) square feet with 3 spacious bedrooms, 1 full bathroom, a detached 2 car garage, and a brand New Roof! This property is being sold as-is, presenting a unique opportunity for customization. Although this is not an REO property, it does need repairs, and some TLC. This is a perfect opportunity to remodel to your taste and make it the perfect home for you to move into. For investors, this home will make a great investment property and should cash flow very well while building wealth or rehab for a quick profit. Similar updated houses in the area sell for $300k+. Don’t miss this chance to transform it into your ideal home or investment. Schedule a showing today to explore its potential.
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!
About this home
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!
About this home
* * Charming Bungalow Retreat Near Downtown * * Discover your perfect home in this delightful 2 or 3 bedroom, 1-bathroom bungalow, ideally situated close to downtown, Manchester, and the scenic James River trail systems. With its classic charm, this property boasts inviting LVP flooring throughout, an updated kitchen with shaker cabinetry and stainless steel appliances, creating a warm and welcoming atmosphere. The rear yard is fully fenced for added privacy. The easy access to interstates makes commuting a breeze, while nearby amenities offer convenience at your fingertips. Schedule your showing today! Home is being Sold As-Is, please include the As-Is Addendum with purchase offers.
About this home
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
Unlock the potential of Church Hill North with this outstanding investment opportunity located on a prominent corner lot, this property is ideal for investors looking to expand their portfolio in one of Richmond’s fastest-growing and revitalized corridors. This versatile property offers strong value-add potential, whether you're considering a full renovation, a long-term buy-and-hold strategy, or a first-time homebuyer looking to use a renovation loan. Surrounded by historic charm and new developments, this location is just minutes from downtown Richmond, I-64/I-95 access, and walking distance to parks, restaurants, and entertainment. This home is being offered in as-is condition
About this home
Back on the market!!! Buyers financing fell through!! This cute as button two bedroom, one bath home is perfect for the first time buyers. Located on a quiet street, this home features vinyl siding, full front porch, hardwood floors inside with vinyl flooring as well. All plumbing under the home and to the street has been replaced and upgraded. The roof is approximately 12 years old. Priced to sell fast, this could be your first home!!