Richmond Homes under $150,000

Richmond Homes under $150,000

Welcome to Richmond, Kentucky – a charming city steeped in history and brimming with Southern hospitality! Nestled in Madison County, Richmond offers a perfect blend of small-town charm and modern conveniences, making it an ideal place to call home. Known for its vibrant community spirit, Richmond is home to Eastern Kentucky University, which adds a youthful energy and a wealth of cultural activities to the area.

Richmond is not just about its history; it’s also about opportunity. For those looking to find their dream home without breaking the bank, you’ll be delighted to know that Richmond boasts a variety of homes available for under $150,000. Whether you are a first-time homebuyer, a growing family, or an investor, this affordable housing market provides numerous options to suit your needs. From cozy bungalows to spacious family homes, you’ll discover properties that offer both comfort and character.

The city is surrounded by beautiful parks and recreational areas, perfect for outdoor enthusiasts and families alike. With a rich array of dining, shopping, and entertainment options, Richmond ensures that you will never run out of things to do. Plus, its strategic location along Interstate 75 makes it easy to access nearby cities and attractions.

In Richmond, you’ll find not just a house, but a community where you can truly thrive. Explore our listings today and discover the affordable homes waiting for you in this delightful Kentucky city!

Newest Richmond Homes under $150,000

103 Bennett Ct, Richmond
$100,000
4 Beds ⋅ 2 Baths ⋅ 26026406 MLS
Auction Live or Online October 24 at 10 AM. Welcome to this spacious 4-bedroom, 2-bath home conveniently located in downtown Richmond! Offering approximately 2,500 square feet of living space plus a basement, this property provides plenty of room for comfortable living, entertaining, and storage. The home's central location puts you close to downtown shopping, dining, local businesses, and other Richmond amenities. With four bedrooms, two full baths, generous living space, and the added versatility of a basement, this property offers a great opportunity for homeowners or investors looking for space and convenience in the heart of Richmond. Don't miss the opportunity to make this downtown property your next home or investment! Sale terms: If you bid online you must submit a letter of good standing from your bank at least 24 hours prior to auction. Selling by the deed. Call Auctioneer Ken DeGrant license # 281879 www.highpointky.com

103 Bennett Ct, Richmond
1303 E Main St, Richmond
$99,750
2 Beds ⋅ 1 Baths ⋅ 26021807 MLS
Opportunity on East Main Street! Bring your vision to this 2-bedroom, 1-bath property offering approximately 784 sq. ft. on a 0.21-acre shaded lot in the heart of Richmond. Zoned B-1 commercial while retaining grandfathered residential use, this property offers intriguing possibilities for investors, renovators, owner-occupants, or buyers exploring a potential business location. Transform this home into a space that reflects your goals and lifestyle, with the freedom to reimagine, renovate, and make it your own. Conveniently positioned along E. Main Street with easy access to downtown Richmond and less than two blocks from the Telford Community Center YMCA, the property offers potential for a variety of permitted or conditional B-1 uses as well as continued residential use. Buyers should verify that their intended use complies with applicable zoning requirements. Whether you're searching for your next renovation project, investment property, future home, or potential business location, this unique property is worth a closer look. Schedule your showing today and explore the possibilities!

1303 E Main St, Richmond
427 Elm St, Richmond
$103,900
2 Beds ⋅ 1 Baths ⋅ 26021465 MLS
PRICE REDUCED!!! ****READY FOR MOVE IN *****This Price includes a 1 year waranty! Cash or Conventional Financing Well-maintained 2-bedroom, 1-bath ranch home offered by its long-time family owner and occupant. New double pane energy efficient gas charged windows throughout; New ceiling fan; Central Heat & 2 window A/c units, house is very sound, ready for its next chapter. Tucked away on a quiet, in-town street, this home sits on a nice flat lot with a covered front porch entry, off-street parking, and easy-care vinyl siding. The comfortable single-level layout is move-in ready, making it an ideal fit for first-time buyers, downsizers, or investors looking for a solid, low-maintenance property. Convenient in-town location puts shopping, schools, and everyday amenities within easy reach. Don't miss this one - priced to sell and won't last long! The Seller is a licensed agent.

427 Elm St, Richmond
1112 E Rice Ln, Richmond
$149,900
2 Beds ⋅ 1 Baths ⋅ 26018737 MLS
Opportunity awaits! Situated on approximately 1/3 of an acre, this home offers the perfect chance to create the home you've been dreaming of. Whether you're a buyer looking to build equity, an investor searching for your next project, or someone who isn't afraid of a little sweat equity, this property has plenty of potential. Featuring a functional floor plan, a spacious yard with room to garden, entertain, or expand, and a convenient location, this home is ready for its next chapter. With some TLC and your personal touch, you can transform this home into something truly special. Don't miss your chance to own a large lot with endless possibilities schedule your showing today!

1112 E Rice Ln, Richmond
1011 Race St, Richmond
$150,000
2 Beds ⋅ 1 Baths ⋅ 26018760 MLS
Cozy home in the heart of downtown Richmond. Many recent interior updates and new HVAC system. Very deep lot has access to an alley in the rear. Currently used for a rental income property.

1011 Race St, Richmond
2640 Tates Creek Rd, Richmond
$145,000
3 Beds ⋅ 2 Baths ⋅ 26010849 MLS
Enjoy the peace and privacy of country living with this 3-bedroom, 2-bath home situated on a full acre just outside Richmond. The real highlight of this property is the outdoor space — with plenty of room for gardening, animals, recreation, or simply enjoying the quiet setting. The large lot offers endless possibilities while still being convenient to shopping, dining, and schools. Currently used as a rental property, this home also offers great potential for investors or buyers looking for space to spread out and make it their own.

2640 Tates Creek Rd, Richmond
323 W Kentucky Ave, Richmond
$129,900
2 Beds ⋅ 1 Baths ⋅ 26014142 MLS
Home is ready for new owners! Are you looking for a large, fenced yard for your animals or family? Enjoy your summer nights under the covered, front porch and all kitchen appliances stay with this home. If you need extra storage space, there is space off the laundry room and in the newer storage building with multiple shelves. Conveniently located to downtown, restaurants, and the interstate. Schedule your private showing today!

323 W Kentucky Ave, Richmond
213 Irvine View St, Richmond
$150,000
3 Beds ⋅ 2 Baths ⋅ 26005047 MLS
SELLER IS SELLING HOUSE AS IS. Charming 3-bedroom, 2-bath home located in the heart of downtown Richmond, close to shopping, dining, and local amenities. This property features a spacious backyard, along with both a welcoming front porch and a relaxing back porch—perfect for enjoying the outdoors. The home includes an electric heating system, updated plumbing that is only one year old, and a roof installed in 2025. The property is being sold as-is, and inspections are welcome. SUBJECT TO A SHORT SALE

213 Irvine View St, Richmond
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