Richmond Homes under $200,000

Welcome to Richmond, a charming subdivision nestled in the vibrant heart of Philadelphia, PA. Known for its rich history and friendly atmosphere, Richmond offers a unique blend of urban convenience and suburban tranquility, making it an ideal place for families, young professionals, and first-time homebuyers alike.

One of the standout features of Richmond is its affordability. Here, you can find a variety of homes priced under $200,000, making it an attractive option for those looking to enter the real estate market without breaking the bank. These homes often boast classic Philadelphia architecture, with inviting front porches, spacious yards, and a sense of community that is hard to find in more expensive neighborhoods.

Richmond is not just about affordability; it also offers residents easy access to a wealth of amenities. Enjoy nearby parks for outdoor activities, local shops for your everyday needs, and a diverse array of restaurants that reflect the rich cultural tapestry of Philadelphia. The convenient public transportation options make commuting into the city a breeze, allowing you to enjoy the hustle and bustle of urban life while retreating to the peacefulness of your Richmond home.

Whether you’re searching for a cozy starter home or a charming residence to settle down, Richmond presents an exceptional opportunity to own a piece of Philadelphia. With homes under $200,000, you can start your journey in this welcoming community today. Come and explore all that Richmond has to offer; your dream home awaits!

Newest Richmond Homes under $200,000

$199,900

3 Beds ⋅ 1 Baths ⋅ PAPH2645120 MLS

Welcome to 3238 Chatham St! This well-maintained 3-bedroom, 1.5-bath home is move-in ready and offers the perfect blend of comfort and modern updates. Enjoy fresh interior paint, brand-new flooring throughout, and an updated interior that makes this home feel bright and inviting. Whether you're a first-time homebuyer or looking to add to your investment portfolio, this property is ready for its next owner. Conveniently located near schools, shopping, dining, and major roadways. Schedule your showing today!

3238 Chatham St, Philadelphia

$78,000

3 Beds ⋅ 2 Baths ⋅ PAPH2646278 MLS

Investor Alert! Welcome to 1850 E. Madison Street, located in Philadelphia's Harrogate neighborhood, just minutes from Port Richmond. This 3-bedroom, 2-bathroom home offers approximately 1,192 square feet of living space and presents an excellent opportunity for investors, contractors, or buyers looking for their next renovation project. The property has previously been tenant-occupied and professionally managed by a property management company. The seller is an out-of-state investor and has never occupied the property. As a result, the seller has limited knowledge of the property's condition and will not provide property disclosures. The property is being sold strictly AS IS, and the buyer is responsible for conducting their own due diligence. Cash, hard money, or renovation financing (203(k)) only. Schedule your showing today and bring your vision to unlock this property's potential. Seller will not make any repairs or clean the house before closing.

1850 E Madison St, Philadelphia

$80,000

3 Beds ⋅ 1 Baths ⋅ PAPH2624872 MLS

A charming home offering comfortable city living with convenient access to everything Philadelphia has to offer. This property features a functional layout with bright living spaces, spacious bedrooms, and great potential for both homeowners and investors alike. Conveniently located near shopping, dining, schools, public transportation, and major highways for an easy commute. Whether you’re looking for your next home or an investment opportunity, this property is full of potential. All square footage numbers are approximate and should be verified by the buyer. It is the responsibility of the buyer to verify real estate taxes.

3428 Braddock St, Philadelphia

$57,500

3 Beds ⋅ 1 Baths ⋅ PAPH2601266 MLS

Full gut renovation opportunity in Kensington at 3131 Weymouth st offering a blank slate for investors or developers looking to bring their vision to life. Property requires a complete rehab—ideal for those seeking a value-add project with strong upside potential. Being sold as-is. Cash or renovation financing only. Book your showing today!

3131 Weymouth St, Philadelphia

$75,000

2 Beds ⋅ 1 Baths ⋅ PAPH2590452 MLS

Price was recently reduced, making this a great opportunity for investors looking to purchase this property together with 1829 E. Clementine St. (MLS #PAPH2555408) as a special package deal for 150 k only. Welcome to 2072 E. Clementine Street in the Port Richmond area, just off Frankford Avenue. This two-bedroom, one-bath home offers excellent potential for investors. The property was recently tenant-occupied and provides strong rental potential. The owner has never lived in the property, as it has primarily been used as a rental. The home will be delivered vacant and is ready for the next buyer to clean it up and bring their own vision. Great opportunity to add to your rental investment portfolio.

2072 E Clementine St, Philadelphia

$75,000

3 Beds ⋅ 1 Baths ⋅ PAPH2555408 MLS

Recently reduced to create an attractive package deal opportunity! Both properties — including 2072 E Clementine St. MLS #PAPH2555408 — can now be purchased together for a special package price of $150,000. 1829 E Clementine St. is located in the Richmond area, adjacent to the Upper Kensington neighborhood. This property features 3 bedrooms and 1 bathroom, with a convenient laundry room on the main floor. Recently, two of the main windows were damaged by a tree across the street, and the seller has installed temporary plywood as a temporary measure. The basement includes a forced-air heating system and a gas hot water heater. All appliances are included in the sale in as-is condition with no monetary value. The property also offers a small backyard and presents great potential for investors, as it requires light rehabilitation. Please note: This is an as-is sale. The seller will not entertain any repair requests. This property may be best suited for cash buyers or buyers using hard money financing. 203K financing may also be considered.

1829 E Clementine St, Philadelphia

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INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.

Listings courtesy of Pike Wayne Association of Realtors as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.