Most Affordable Homes for Sale in Richmond, VA Right Now
Last updated: September 13, 2025
Richmond has a median home sale price of $400K, a 6.7% increase from last year. Homes stay on the market for an average of 44 days and receive an average of 1 offers.
About this home
This property is 1 of 3 Identical, Brick Ranchers on the same street, being sold via a virtual auction both individually and as a 3 property entirety on the listing company website. List price is the opening bid and does not reflect the final sale price. Properties are being conveyed as is, where is. Online, non-contingent sale ends September 18th @ 2PM. Perfect for Single Family Buyers or Investors BUY1, BUY 2, OR BUY ALL 3. Step directly into a cash-flowing investment with 3907, 3919, and 3925 Rusk Avenue — three, all-brick ranch homes in Richmond’s established Wendall Farms neighborhood on the same street. Built in the early 1960s, each single-story home features 3 bedrooms, 1 bath, hardwood flooring, spacious eat-in kitchen, fenced yard, pull-down attic storage, and brand-new roofs — all on generous quarter-acre lots (9,800–10,500 sq. ft). The classic design, low-maintenance construction, and long ownership history provide stability and peace of mind. Rental potential is strong: $1,800 (3907), $1,800 (3919), and $1,900–$2,000 (3925), delivering nearly $5,400–$5,600 monthly income if purchased together. Current market rent for a 3BR/1BA, 1,007 sq. ft. home in this area averages $1,845. These properties align perfectly for buy-and-hold investors, property managers, REITs, or buyers seeking affordable entry into Richmond’s competitive housing market. The rare opportunity here? Like owning a full block in Monopoly — three side-by-side homes offering consolidated control, neighborhood presence, and the ability to maximize ROI with efficient management. Purchase one, two, or the entire trio and position yourself for long-term appreciation and immediate income. Available exclusively through Virtual Auction. Don’t miss this chance to stack the deck in your favor and secure a winning investment in Richmond real estate today.
About this home
This property is 1 of 3 Identical, Brick Ranchers on the same street, being sold via a virtual auction both individually and as a 3 property entirety on the listing company website. List price is the opening bid and does not reflect the final sale price. Properties are being conveyed as is, where is. Online, non-contingent sale ends September 18th @ 2PM. BUY 1, BUY 2, OR BUY ALL 3 . Step directly into a cash-flowing investment with 3907, 3919, and 3925 Rusk Avenue — three, all-brick ranch homes in Richmond’s established Wendall Farms neighborhood on the same street. Built in the early 1960s, each single-story home features 3 bedrooms, 1 bath, hardwood flooring, spacious eat-in kitchen, fenced yard, pull-down attic storage, and brand-new roofs — all on generous quarter-acre lots (9,800–10,500 sq. ft). This property includes a glass enclosed sunroom and rear shed. The classic design, low-maintenance construction, and long ownership history provide stability and peace of mind. Rental potential is strong: $1,800 (3907), $1,800 (3919), and $1,900–$2,000 (3925), delivering nearly $5,400–$5,600 monthly income if purchased together. Current market rent for a 3BR/1BA, 1,007 sq. ft. home in this area averages $1,845. These properties align perfectly for buy-and-hold investors, property managers, REITs, or buyers seeking affordable entry into Richmond’s competitive housing market. The rare opportunity here? Like owning a full block in Monopoly — three side-by-side homes offering consolidated control, neighborhood presence, and the ability to maximize ROI with efficient management. Purchase one, two, or the entire trio and position yourself for long-term appreciation and immediate income. Available exclusively through Virtual Auction. Don’t miss this chance to stack the deck in your favor and secure a winning investment in Richmond real estate today.
About this home
This property is 1 of 3 Identical, Brick Ranchers on the same street, being sold via a virtual auction both individually and as a 3 property entirety on the listing company website. List price is the opening bid and does not reflect the final sale price. Properties are being conveyed as is, where is. Online, non-contingent sale ends September 18th @ 2PM. BUY 1, BUY 2, OR BUY ALL 3 !! Step directly into a cash-flowing investment with 3907, 3919, and 3925 Rusk Avenue — three, all-brick ranch homes in Richmond’s established Wendall Farms neighborhood on the same street. Built in the early 1960s, each single-story home features 3 bedrooms, 1 bath, hardwood flooring, spacious eat-in kitchen, fenced yard, pull-down attic storage, and brand-new roofs — all on generous quarter-acre lots (9,800–10,500 sq. ft). The classic design, low-maintenance construction, and long ownership history provide stability and peace of mind. Perfect for single families or investors. Rental potential is strong: $1,800 (3907), $1,800 (3919), and $1,900–$2,000 (3925), delivering nearly $5,400–$5,600 monthly income if purchased together. Current market rent for a 3BR/1BA, 1,007 sq. ft. home in this area averages $1,845. These properties align perfectly for buy-and-hold investors, property managers, REITs, or buyers seeking affordable entry into Richmond’s competitive housing market. The rare opportunity here? Like owning a full block in Monopoly — three side-by-side homes offering consolidated control, neighborhood presence, and the ability to maximize ROI with efficient management. Purchase one, two, or the entire trio and position yourself for long-term appreciation and immediate income. Available exclusively through a Virtual Auction. Don’t miss this chance to stack the deck in your favor and secure a winning investment in Richmond real estate today. Seller requests a 30-day rent-back for tenant at PITI or market rate.
About this home
Great 2 bedroom in perfect move -in ready condition. NEW Black Pearl Granite, SS Sink & Faucet+ white cabinets! BRAND NEW HVAC 2/25!!! The L shaped kitchen is roomy and has room for an eat-in table. This popular location offers parking in the front on the street as well as assigned parking in the back of the building! There is no limit to how many units can be rentals in this community which makes this a great opportunity for investors! The association amenities include: assigned parking space, trash and snow removal, picnic area, fenced dog park, playground, car washing station, yard and common area maintenance. Great location between the Hills - Churchill and Fulton Hill overlooking Rockets Landing with restaurants, Gillies Park-Frisbee Golf and BMX track. Triple Crossing Brewery and Blue Atlas are also close by!
About this home
Renovated Move-In Ready Townhome in Richmond! This recently renovated townhome is the perfect opportunity for first time home buyers or investors. Recent upgrades include: New flooring throughout, fresh paint, an updated kitchen with granite countertops and cabinetry with modern finishes, and an updated bathroom with a soaking tub and vanity. This home comes fully equipped with stainless steel appliances: stove, microwave, and dishwasher. It’s conveniently located in Richmond, minutes from Downtown, VCU, Church Hill, or Eastern Henrico. Whether you’re looking to live here or add to your investment portfolio, this property is a must see!
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
Great investment for first time homebuyer or investor looking to add to rental portfolio. With brand new heat pump, windows and roof replaced in 2017, this home features two bedrooms, one bathroom, wood floors, gas stove, and fenced yard.
About this home
The well established and ever-growing Southside is near Places to see, ways to wander & signature experiences, with a mix of the charming, modern, and tried and true. Bring your design & vision to this classic home and flip for profit or add to your portfolio. Home is strictly Sold As-IS, Where-IS. Lot next door is also available as a package.
About this home
THIS HOME IS READY FOR SOMEONE'S SPECIAL TOUCH. !!! Home has a brick foundation and is sold as is. The owner is making no repairs. This can be a rebuild or fixer upper and add some square footage. It is prefect for an investor. The bones are there already. Give me a call so you can get started. Inspection is for information only!!!!
About this home
Welcome to 1907 Westover Avenue, a charming one-level home full of potential! Lovingly owned by the same family since 1977, this property blends classic character with opportunity for its next chapter. Hardwood floors lie hidden beneath the carpet, ready to be uncovered and restored. The layout offers an inviting flow and can easily be updated to fit today’s lifestyle. Outside, enjoy a private backyard with two storage areas. This is a fantastic opportunity for first-time homebuyers looking to build equity or for an investor seeking a property with strong potential.
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