Richmond Homes under $500,000

Welcome to Richmond, California – a vibrant city nestled in the heart of Contra Costa County, where the charm of suburban living meets the allure of coastal beauty. Richmond boasts a rich history, diverse culture, and an array of recreational opportunities, making it an ideal place for families, professionals, and retirees alike.

With its stunning views of the San Francisco Bay, Richmond offers residents easy access to waterfront parks, hiking trails, and a thriving arts scene. The city is home to a variety of dining options, from cozy cafes to eclectic restaurants, ensuring there's always something new to savor. Richmond also prides itself on its community spirit, hosting numerous events throughout the year that bring residents together to celebrate the city's unique character.

For those seeking affordable housing options, Richmond is a hidden gem. The real estate market features a range of homes priced under $500,000, providing an excellent opportunity for first-time buyers or those looking to downsize. From charming bungalows to modern condos, these homes offer not only affordability but also the chance to invest in a community that is on the rise.

Richmond's strategic location allows for easy commuting to San Francisco and other Bay Area hotspots, making it a desirable choice for those who want to enjoy the benefits of city life while returning to a peaceful home environment. Explore the possibilities that Richmond has to offer, and discover your perfect home in this dynamic, welcoming city!

Newest Richmond Homes under $500,000

$395,000

4 Beds ⋅ 2 Baths ⋅ 1,425 SqFt. ⋅ 226118704 MLS

A Rare Opportunity to Reimagine and Rebuild in Richmond Set in Richmond's Park Plaza neighborhood, 4121 Cutting Blvd presents a compelling opportunity for investors, builders, and visionaries looking to transform an existing residential property into something distinctly their own. The property offers approximately 1,425 square feet of living space, four bedrooms, two bathrooms, an attached garage, and a lot of approximately 3,360 square feet. While the residence has been impacted by fire and is being offered in its current condition, its existing footprint, lot, and established residential setting provide an intriguing foundation for a future renovation or redevelopment project. For the right buyer, this is an opportunity to bring a fresh vision to an established Richmond neighborhood, whether that means restoring the existing structure, reimagining the interior, or exploring the property's broader potential, subject to applicable approvals and due diligence. Conveniently positioned near neighborhood amenities, schools, transportation, and major East Bay destinations, the property offers both accessibility and long-term potential. 4121 Cutting Blvd is more than a fixer, it is a blank canvas for the next chapter.

4121 E Cutting Boulevard, Richmond

Listing courtesy of Nick Sadek Sotheby's International Realty.

$369,900

3 Beds ⋅ 1 Baths ⋅ 950 SqFt. ⋅ 226095297 MLS

*Property Sold With Tenants* Great investment opportunity with immediate income potential! Current rent will be $1794. This 3-bedroom, 1-bath home features a recently remodeled bathroom and fresh exterior paint, providing added value and curb appeal. The property offers a functional floor plan with plenty of upside for future improvements or long-term appreciation. Currently tenant-occupied on a month-to-month lease, offering flexibility for investors or owner-occupants. Conveniently located near schools, shopping, parks, and major commuter routes, this is an excellent opportunity you won't want to miss.

762 22nd Street, Richmond

Listing courtesy of Capitol City Real Estate.

$500,000

226062298 MLS

265 15th Street presents a rare opportunity to acquire a flexible industrial / creative infill asset in the heart of Richmond, California. The 2,700 SF building combines warehouse, office, mezzanine, and potential live/work functionality, creating an adaptable environment for a variety of users and business types. The property benefits from flexible T5 Core zoning, allowing commercial, industrial, residential, and community-oriented uses. Steps from Richmond BART & Amtrak with direct Bay Area connectivity, the surrounding area continues to see reinvestment driven by transit-oriented development and growing demand for infill industrial product. 265 15th Street presents an attractive opportunity for an owner-user, investor, or creative operator seeking a strategically located Bay Area asset with long-term flexibility and upside potential.

265 15th Street, Richmond

Listing courtesy of CapWise Commercial Advisors, Inc.

$499,000

3 Beds ⋅ 3 Baths ⋅ 1,229 SqFt. ⋅ 223101566 MLS

Single Family Home in North Richmond. 1 car attached garage, close to Schools, Public Transportation, and Shopping. Don't miss this opportunity.

1633 Fred Jackson Way, Richmond

Listing courtesy of A 2 Z Homes, Inc..

Start Your Search

metrolist logo

All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .