Richmond Homes under $400,000

Welcome to Richmond, Virginia—a vibrant city that beautifully blends rich history with contemporary charm. Nestled along the James River, Richmond boasts a dynamic cultural scene, renowned dining options, and a plethora of outdoor activities, making it an ideal place to call home.

Richmond is steeped in history, with landmarks that tell the story of our nation, from the Civil War to the Civil Rights Movement. Stroll through the cobblestone streets of the historic Shockoe Slip, explore the fascinating exhibits at the Virginia Museum of Fine Arts, or enjoy a leisurely day at Maymont Park, where nature and history intertwine.

For those seeking a home in this captivating city, you’ll be delighted to discover that Richmond offers a variety of options under $400,000. Whether you are a first-time homebuyer, a growing family, or looking to downsize, you’ll find charming neighborhoods filled with character. From cozy bungalows in the Fan District to modern townhouses in Church Hill, there’s something for everyone. Enjoy the convenience of urban living without the hefty price tag, with homes that provide both comfort and style.

Richmond’s real estate market is thriving, making it an excellent time to invest in your future. With its friendly community, excellent schools, and a robust job market, Richmond stands out as a city that welcomes everyone with open arms. Come discover your dream home in Richmond, where history, culture, and affordability come together to create the perfect backdrop for your next chapter.

Newest Richmond Homes under $400,000

$325,000

3 Beds ⋅ 2 Baths ⋅ CVR-2627047 MLS

Renovated Cape Cod with an Unbeatable Location! Beautifully updated and thoughtfully renovated, this charming Cape Cod-style home is perfectly positioned along the border of Henrico County and the City of Richmond, offering the best of both worlds—easy access to Downtown Richmond and the convenience of Henrico County schools and much cheaper property taxes. Step inside to a bright, inviting interior featuring a desirable open-concept layout, refinished hardwood floors, fresh interior paint, and beautiful new lighting throughout. 3 bedrooms with 2 full bathrooms. The stunning renovated kitchen is the heart of the home, showcasing crisp white cabinetry, gorgeous quartz countertops and brand new stainless steel appliances. Both bathrooms have been beautifully updated with gorgeous tile work and contemporary finishes. Detailed molding throughout the home adds an extra touch of character and elegance. Outside, maintenance-free vinyl siding and replacement windows provide lasting curb appeal and peace of mind. With its classic Cape Cod charm, extensive updates, and strategic location just minutes from Downtown Richmond, this home offers a rare combination of style, convenience, and value. Whether you're commuting to the city or enjoying everything the Richmond area has to offer, this is a home you'll want to see!

609 Jackson Avenue, Richmond

$250,000

2 Beds ⋅ 1 Baths ⋅ CVR-2626961 MLS

COMPLETELY RENOVATED COTTAGE-BUNGALOW/MOVE-IN READY!!! Welcome to this beautifully renovated 2-bedroom, 1-bath home, in the Peter Paul neighborhood. Thoughtfully updated throughout, this charming home offers modern finishes, comfortable living spaces, and low-maintenance outdoor living. Step inside from the inviting front porch into a bright interior featuring high ceilings, skylights, recessed lighting, and durable LVP flooring. The spacious bedrooms offer generous closet space, while a dedicated laundry closet accommodates a stackable washer and dryer. The beautifully renovated custom kitchen is a standout, featuring white cabinetry, granite countertops, and stainless-steel appliances. The updated full bathroom offers a custom-tiled shower and stylish contemporary finishes. The rear of the home opens to a private deck and fenced backyard, providing a versatile outdoor space for relaxing, entertaining, gardening, or creating your own urban oasis. The gravel yard offers easy maintenance, while rear alley access adds convenience. Ideally located near The Market at 24th, with easy access to Church Hill, downtown Richmond, VCU, restaurants, parks, shopping, and entertainment. Convenient access to I-64, I-95, and major roadways makes commuting throughout the Richmond area. This charming home is ready it for you to move in and make it your own. Schedule your showing today!

2311 T Street, Richmond

$200,000

3 Beds ⋅ 1 Baths ⋅ CVR-2627026 MLS

**Excellent Investor Opportunity**Property Sold AS, Previous tenant just moved out. Owner will offer Owner financing with 10 percent down, attractive interest rates below market!

17 Evergreen Avenue, Richmond

$299,950

3 Beds ⋅ 3 Baths ⋅ CVR-2626948 MLS

HUGE IMPROVED PRICE REDUCTION Step into this end unit townhome with updated amenities bringing an older built home to new construction standards. As you approach the entrance to the home, you will notice a small private courtyard area that preserves the privacy of the home. Entering the home, you will find LVP flooring throughout the first level. You will also find a small foyer with large coat closet. To the left, you will find the primary bedroom with ensuite and large walk-in closet. Head to the new modern kitchen with granite countertops, like new appliances, new cabinetry, double sink with disposal, a kitchen made for easy meal preparation and easy flow from one room to another. The living room boasts a beautiful built in-bookcase perfect for those who love to read or collect books and games The space also has a sliding glass door that leads out to the deck. Heading down the hall you will find an additional bedroom with closet space and a hall bathroom with some recent upgrades! Head downstairs, where you will find a 3rd bedroom with closet space, an additional spacious, full hall bathroom, and additional family room with gas fireplace and large walk-in closet, full bath that could be used as a 4th bedroom. All rooms downstairs have LVP flooring.

7564 Ingelnook Court, Richmond

$350,000

3 Beds ⋅ 2 Baths ⋅ CVR-2627006 MLS

2832 Eagle Trace Ter is a two-story Richmond home with a finished lower level and comfortable living spaces. The kitchen features white cabinetry, stainless steel appliances, and counter space, creating a well-equipped space for cooking and entertaining. Sliding glass doors connect the main living area to the deck, and a second living space near the stairs adds flexibility. Three bedrooms, a full bathroom with a tub and shower combination, and a separate half bathroom complete the interior. The finished lower level provides additional room for recreation or work. The deck extends the living space outdoors, creating ample room for relaxation and entertaining. This residence combines practical design with comfortable living spaces, delivering functional amenities throughout every room. Included 100-Day Home Warranty with buyer activation

2832 Eagle Trace Terrace, Richmond

$299,000

3 Beds ⋅ 2 Baths ⋅ CVR-2626759 MLS

Beautifully updated 3-bedroom, 1.5-bath home offers the perfect blend of modern finishes and everyday convenience. The completely renovated kitchen features stylish cabinetry, granite countertops, and new stainless steel appliances. New windows fill the space with natural light, while new flooring and remote ceiling fans throughout create a fresh, cohesive feel. New 200 amp electrical, dual Hvac system, new plumbing, new roof and 3 car parking in the back yard.Relax on the inviting new front porch or entertain family and friends on the new rear deck overlooking the backyard. Conveniently located just minutes from parks, James river, local dining like Crossroads Coffee & Janet's Bakery, shopping, VCU, and downtown. This move-in-ready home offers easy access to everything Richmond has to offer. Don't miss your opportunity to own this beautifully updated home. Backyard has new fence for your privacy. SELLER OFFERING UP TO $10.000 TOWARDS BUYER'S CLOSING COSTS WITH ACCEPTABLE OFFER!

22 E 31st Street, Richmond

$389,900

2 Beds ⋅ 2 Baths ⋅ CVR-2626806 MLS

*A 1910 CHURCH HILL HOME THAT HAS STOOD THE TEST OF TIME *Located on a Picturesque Block of 27th Street, Within a 5–10-Minute Walk of Sub Rosa Bakery, The Roosevelt, Chimbo Sandwich Shoppe & Union Market *Welcoming Covered Front Porch *An Architect-Guided 2014 Renovation Transformed a Chopped-Up First-Floor Plan to Create Function and Flow *Living Room with Wood Floors + Built-In for Books or Collectibles *Remodeled and Reconfigured Eat-In Kitchen with Side-Door Access to the Yard for Easy Grilling and Outdoor Entertaining *1st-Floor Primary Bedroom with Full Bath *A True 1st-Floor Laundry Room—Not a Laundry Closet *Upstairs, a Self-Contained 2nd Primary Suite with NEW Carpet, Bedroom, Full Bath + Flexible Loft *Use the Loft as a 2nd Entertainment Space or Frame It to Create a Potential 3rd Bedroom *Improvements: First-Floor Roof, New Walls, Interior Doors & Flooring (2014) *Attic & Crawl-Space Insulation (2014) *Second-Story Roof (2015) *Range & Oven (2016) *HVAC (2018) *Front Porch Roof (2021) *Lead Water Service Line from City Meter Replaced (2022) *Crawl-Space Vapor Barrier & Insulation (2023) *Picket Fence (2024) *Backyard Shed (2025) *Rear Decking Replaced (2025) *NEW Carpet (2026) *Step Outside to Charming Picket-Fenced Front & Rear Yards *The Rear Yard Has Been Reimagined with the Touch of a Master Gardener to Create a Natural Setting Filled with Color and Designed for Easy Maintenance

520 N 27th Street, Richmond

$370,000

4 Beds ⋅ 3 Baths ⋅ CVR-2626192 MLS

Welcome to this beautifully renovated home situated on a spacious half-acre lot at 6518 Jessup Road! Offering complete peace of mind, this home features a brand-new roof, new low-maintenance vinyl siding, new vinyl windows, and a newly built back stoop and stairs. Step inside to a bright and inviting interior highlighting brand-new light fixtures including recessed lighting, fresh paint throughout, stylish Luxury Vinyl Plank (LVP) flooring on the main level, and plush new carpet upstairs. With a new open floor plan, the updated kitchen boasts white cabinetry, durable granite countertops, and modern stainless steel appliances. Everything about this open space invites you to entertain family and guests alike. Designed for effortless living and entertaining, the oversized Great Room offers exceptional space and comfort. The focal point is a handsome brick, wood-burning fireplace this is ideal for gathering with guests or unwinding by a cozy fire on cool evenings. All bathrooms have been thoughtfully modernized with new vanities and toilettes including the primary bedroom ensuite, which features a custom tiled shower. New cabinet and door hardware make this wonderful home sleek and stylish. Outside, enjoy the privacy of the large lot and the convenience of a 2-car detached garage which is perfect for parking, storage, or a workshop. Move-in ready and waiting for YOU!

6518 Jessup Road, Richmond

$319,000

4 Beds ⋅ 4 Baths ⋅ CVR-2626858 MLS

4 BEDROOM RANCHER WITH SUNROOM 2 FULL 1 HALF BATH, OVER 2100 SQ FT. PLUS OVER 1400 SQ FT IN BASEMENT.PROPERTY NEEDS WORK. THERE IS ACTIVE MOLD IN BASEMENT AT THIS TIME.

111 Damascus Drive, Richmond

$189,900

3 Beds ⋅ 1 Baths ⋅ CVR-2626848 MLS

Spacious Rambler Featuring Generously Sized Bedrooms, a Large Driveway, and a Deck Offering Excellent Outdoor Space. Situated on a Spacious .23 Acre Lot, This Property Provides Plenty of Potential for Buyers Looking to add Their Personal Touches. Property Needs Cosmetics and Updates, Making This a Great Opportunity for Investors, Renovators, or Buyers Looking to Modernize the Home and Build Equity. The Surrounding Area Offers Convenient Access to Everyday Shopping, Parks, Recreation, and Major Richmond Destinations. Don't Miss This Fantastic Opportunity! Sold As-Is.

602 Wilmer Avenue, Richmond

$399,000

4 Beds ⋅ 3 Baths ⋅ CVR-2626584 MLS

THIS is the home for buyers looking for a beautifully maintained home with the major updates DONE. Featuring 9-foot ceilings, a functional layout, and comfortable living spaces, this home is truly move-in ready. The kitchen opens to the family room, complete with a gas fireplace and views of the backyard. Upstairs, the primary suite features a walk-in closet and a spacious bathroom with both a shower and soaking tub. Three additional bedrooms and a full bathroom complete the second floor. Outside, a new deck leads to a landscaped patio and fully fenced backyard with plenty of privacy. Major updates include new carpet and privacy fencing in 2021, updated lighting throughout, a NEW ROOF in 2022, and a NEW HVAC system in 2024. Conveniently located to shops and dining. With the big-ticket items taken care of and great outdoor space to enjoy, 335 Wilmer Avenue is ready for its next owner.

335 Wilmer Avenue, Richmond

$199,950

2 Beds ⋅ 2 Baths ⋅ CVR-2626857 MLS

Room to relax and a location that keeps everyday errands close. This freshly painted townhouse in Pocoshock Townhouses offers 1,260 square feet, two spacious bedrooms, and 1.5 baths across two levels. The main floor includes a generous living room, a separate dining room, and a kitchen with a breakfast nook, plus a half bath for guests. Upstairs, both bedrooms share a full bath, with a roomy primary bedroom measuring approximately 16 by 15 feet. Enjoy the open porch and the convenience of a storage shed. The monthly association fee includes exterior and common-area maintenance, yard maintenance, and trash removal. Nearby access to Powhite and Chippenham Parkways and Midlothian Turnpike puts shopping, dining, and Chippenham Hospital within easy reach.

8605 Ransco Court, Richmond

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