Richmond Homes under $200,000

Welcome to Richmond, a vibrant city that beautifully blends history, culture, and modern living. Nestled in the heart of Virginia, Richmond is steeped in rich heritage, offering a plethora of museums, art galleries, and historical sites that pay homage to its past. With the James River meandering through its scenic landscape, outdoor enthusiasts can indulge in activities like kayaking, hiking, and cycling along the picturesque trails. The city also boasts a thriving food scene, with a diverse array of restaurants serving everything from Southern comfort food to contemporary cuisine.

For those seeking affordable housing options, Richmond presents an exciting opportunity with homes priced under $200,000. This segment of the market is perfect for first-time homebuyers, young professionals, and families looking to establish roots in a city that offers both charm and convenience. These homes often feature unique architectural styles, from classic brick bungalows to cozy townhouses, providing a variety of choices to suit different tastes and lifestyles.

Living in Richmond means enjoying a close-knit community atmosphere while having access to urban amenities. With excellent schools, parks, and recreational facilities, families can thrive in this welcoming environment. Additionally, Richmond’s strategic location allows for easy commuting to nearby cities, making it an ideal choice for those who work in the bustling metropolitan areas yet prefer a more relaxed suburban lifestyle.

Whether you’re looking to invest in your first home or searching for a charming abode in a city rich with culture and opportunity, Richmond’s homes under $200,000 offer a perfect starting point for your journey. Embrace the charm of Richmond and discover the possibilities that await you!

Newest Richmond Homes under $200,000

$164,900

4 Beds ⋅ 2 Baths

Two stories of living space define this Richmond residence. The property offers four bedrooms and two full bathrooms across 1728 square feet of interior area. The beautiful wood floors and original woodwork establish an inviting atmosphere from the moment you arrive. The kitchen and baths are updated and the exterior features a lot size of 0.23 acres. Located just off the square in Richmond, allowing easy access to 210 and 10 highways! Come see it!!

504 N College Street, Richmond

Listing courtesy of Gina Sands of Pierson Realty.

$149,900

3 Beds ⋅ 1 Baths

Room to spread out and feel at home! This inviting 3 bedroom, 1 bath Richmond residence combines everyday comfort. The spacious kitchen offers plenty of room to cook and gather, while the large living room provides a welcoming space to relax. A generously sized primary bedroom adds to the home’s comfortable layout. Fresh paint and luxury vinyl plank flooring throughout create a bright, clean, move in ready feel, and the included appliances make settling in even easier. Start your mornings with coffee on the covered front porch, then step outside to the exceptionally large fenced backyard an ideal setting for gardening, outdoor entertaining, play, or peaceful evenings under the open sky. Schedule your showing today and discover the comfort, space, and charm this Richmond home has to offer!

413 E Black Diamond Street, Richmond

Listing courtesy of Manley Home Team of ReeceNichols-KCN.

$110,000

3 Beds ⋅ 1 Baths

Small-town living with room to breathe! This 3-bedroom home sits on more than half an acre in quiet Richmond, offering the space and simplicity that are getting harder to find at this price. Enjoy a large yard with plenty of room for a garden, pets, outdoor entertaining or simply some elbow room, plus great storage and a large carport. The home features low-maintenance vinyl siding, a BRAND NEW ROOF, good mechanicals and the convenience of city utilities, including city sewer. A covered front porch adds to the small-town charm, while the generous lot gives you plenty of possibilities for the future. Richmond offers a relaxed small-town setting without giving up everyday convenience. Ottawa, with shopping, dining and services, is an easy drive to the north, with Garnett conveniently located to the south. Three bedrooms, over half an acre, city utilities, great storage and a brand-new roof — all at an affordable price. If you've been looking for a comfortable home with some space around you and a slower pace of life, this one deserves a look!

536 E Central Street, Richmond

Listing courtesy of Bob Winney of Keller Williams Realty Partners Inc..

$140,000

3 Beds ⋅ 1 Baths

Turnkey rental opportunity with an established long-term tenant already in place. The property currently produces $13,800 in gross annual rents, making it an attractive option for an investor looking for an occupied property with existing rental history. For buyers looking to expand their holdings in the area, this property is being sold with 300 W. Hortense St., Orrick, MO (MLS #2640588). Tenant occupied. Please do not disturb the tenant. A minimum of 24 hours' notice is required to obtain tenant approval for all showings. Lease and additional rental information are available upon request.

201 N Institute Street, Richmond

Listing courtesy of Mark Colombatto of Weichert Realtors - Generations.

$139,500

2 Beds ⋅ 1 Baths

Welcome to 106 Grandview Street—an inviting 2-bedroom, 1-bath bungalow offering comfortable one-level living, a spacious lot, and exceptional garage and outdoor utility in Richmond! Situated on approximately 0.30 acre, this home combines an efficient 912 sq. ft. floor plan with features that can be difficult to find at this price point. Step inside from the traditional covered front porch to a functional layout featuring two bedrooms, one full bath, central heating and air conditioning, and plenty of opportunity to personalize the home to your own style. Outside is where this property really expands its possibilities. The privacy-fenced backyard provides plenty of room for pets, recreation, gardening, entertaining, or simply enjoying your own outdoor space. A large concrete patio creates a natural setting for grilling and gatherings, while the detached 2-car garage—approximately 400 sq. ft.— provides valuable space for vehicles, tools, lawn equipment, hobbies, storage, or a workshop. Whether you're searching for an affordable primary residence, looking to downsize into manageable one-level living, or considering your next investment property, 106 Grandview offers a combination of lot size, garage space, outdoor utility, and potential worth seeing. Conveniently located in Richmond with access to local schools, shopping, dining, and community amenities. Bring your ideas and discover the possibilities at 106 Grandview Street!

106 Grandview Street, Richmond

Listing courtesy of SimmonsSales Team of RE/MAX Area Real Estate.

$137,500

2 Beds ⋅ 1 Baths

Welcome to this charming 2-bedroom home! Move-in ready with remodel completed in 2026. Major updates include plumbing, water heater, and roof. New flooring, cabinetry, lighting and an added deck for your enjoyment! Located just off the square in Richmond, giving you quick highway access and all Richmond has to offer! Come take a look!

304 N College Street, Richmond

Listing courtesy of Eric Pierson of Pierson Realty.

$155,000

3 Beds ⋅ 1 Baths

Welcome home to this charming 3-bedroom, 1-bath ranch in the heart of Richmond! Offering 944 sq. ft. of comfortable living space, this home features an eat-in kitchen, low-maintenance vinyl siding, and large driveway for plenty of parking. Situated on a spacious .53-acre lot, there's plenty of room to enjoy the outdoors, garden, entertain, or expand. The functional single-level floor plan is perfect for almost any buyer whether you are looking to downsize, just start out, have main level living, or as an investment property! Conveniently located near schools, parks, shopping, and local amenities, this property combines small-town charm with everyday convenience. Don't miss your chance to make this affordable home your own!

701 Hickory Street, Richmond

Listing courtesy of Lauren Miller of Real Broker, LLC-MO.

$144,900

2 Beds ⋅ 1 Baths

With a fresh, new coat of paint throughout and a new kitchen floor, this cozy bungalow located in the heart of Richmond, Missouri boasts hardwood floors, original woodwork, gas fireplace, and a full, unfinished basement. Charm and a corner lot? This beauty as both. The only thing missing is its forever family. Sellers are motivated - come see it today and make us an offer!!!

200 Tribble Street, Richmond

Listing courtesy of Kimberly Ghisalberti of Community Realty.

$174,900

3 Beds ⋅ 2 Baths

Take a look at your next home with instant equity. Lots of great potential and in a semi private location close to town, commuter routes, schools and shopping areas. newer HVAC. Fenced yard with shed and large deck. Partially finished basement with bathroom right off the family room.

1403 Ridgeway Drive, Richmond

Listing courtesy of Bob Halberstadt of ReeceNichols North Star.

$59,900

2 Beds ⋅ 1 Baths

Don't miss this opportunity to own a bank-owned property with tremendous potential. Whether you're an investor looking for your next project or a buyer ready to build equity, this home offers an excellent value. Situated on a desirable corner lot, this charming bungalow features two main-level bedrooms and a spacious upstairs that can be converted into a non-comforming bedroom, providing a functional and versatile floor plan. The home has received updates over the years but will require extensive cosmetic repairs. This property is being sold strictly AS IS. The seller will make no repairs, and no Seller's Disclosure is available. Square footage is approximate and should be verified by the buyer or buyer's agent. With its attractive price and opportunity to add value through cosmetic improvements, this bank-owned property is one you won't want to miss. Schedule your showing today!

809 W Lexington Street, Richmond

Listing courtesy of Jenny Olson-Paden of Weichert Realtors - Generations.

$105,000

2 Beds ⋅ 1 Baths

Seller is offering up to $5,000 in concessions with an acceptable offer! Charming 2-bedroom, 1-bath home offering 1,080 square feet of living space on a spacious lot. Major exterior updates have already been completed, including new roofs on both the home and detached garage, with most of the roof decking replaced—taking care of some of the bigger-ticket improvements. Inside, you’ll find a functional layout, comfortable living spaces, and plenty of natural light. The back porch provides a great place to relax and enjoy the yard, while the detached garage offers additional storage or workspace. This home is full of potential and ready for its next owner to add a little TLC and make it their own.

605 E Lexington Street, Richmond

Listing courtesy of Jennifer Engbroten of RE/MAX Heritage.

$64,900

4 Beds ⋅ 2 Baths

Investor Special! Large 0.68 acre corner lot on highly visible North Main / Hwy 13 corridor in Richmond. Existing 4 bed / 2 bath structure needs substantial renovation or teardown. Excellent opportunity for flip, rental redevelopment, new construction, or land hold. Utilities on site. Cash or rehab financing only. Sold as-is. Bring offers.

400 E North Main Street, Richmond

Listing courtesy of Kayla Hewitt of Keller Williams KC North.

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Richmond Homes under $200,000

Newest Richmond Homes under $200,000

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