Richfield Homes under $350,000

Welcome to Richfield, Minnesota—where suburban charm meets urban convenience! Nestled in Hennepin County and just a stone's throw from the vibrant heart of Minneapolis, Richfield offers a unique blend of community spirit and accessibility. Known for its friendly neighborhoods, well-maintained parks, and an array of local shops and eateries, Richfield is an ideal place for families, young professionals, and retirees alike.

One of the most appealing aspects of Richfield is its diverse housing market, particularly for those seeking homes under $350,000. Here, you can find a variety of charming options, from cozy bungalows to modern townhomes, all designed to meet the needs of today’s buyers. With the median home price in Richfield being quite reasonable, it’s a fantastic opportunity for first-time homebuyers or those looking to downsize without compromising on quality of life.

Richfield is also home to excellent schools and a strong sense of community, making it a desirable location for families. The city boasts numerous parks, walking trails, and recreational facilities, allowing residents to enjoy the great outdoors year-round. Plus, with its proximity to major highways and public transportation, commuting to downtown Minneapolis or exploring the wider Twin Cities area is a breeze.

Whether you are looking to settle down or invest, Richfield offers a welcoming environment and a promising future. Discover your dream home in this vibrant city where comfort and convenience come together seamlessly!

Newest Richfield Homes under $350,000

$300,000

3 Beds ⋅ 1 Baths ⋅ 7161084 MLS

Three-bedroom, one-bath home in Richfield on a spacious 0.23-acre lot with a detached garage. Good bones, newer vinyl siding and roof, and windows and major mechanicals in good condition. An excellent opportunity to build equity with cosmetic improvements.

6309 13th Avenue S, Richfield

Listing courtesy of Edina Realty, Inc..

$335,000

3 Beds ⋅ 2 Baths ⋅ 7098521 MLS

Charming one-story home with hardwood floors and wonderful three-season porch offering a second living space on the main level. Newer mechanicals plus 2024 finishing of the lower level with thoughtful design, adding a generous size family room and bedroom and includes new electrical. The kitchen offers stainless steel appliances (new refrigerator in 2025), solid surface countertops, and gas range. Wood Lake Nature Center is only a mile away and offers trails, play area, and for outdoor winter enthusiasts, groomed ski trails. Conveniently located near shops and restaurants with easy access to highways. Ready for you to move right in!

7441 Aldrich Avenue S, Richfield

Listing courtesy of Edina Realty, Inc..

$265,000

3 Beds ⋅ 1 Baths ⋅ 7159855 MLS

Solid One story home in the heart of Richfield. Hardwood floors, large corner lot, loads of potential in basement which is currently unfinished. As-is!

7345 Grand Avenue S, Richfield

Listing courtesy of NOW Realty.

$245,000

2 Beds ⋅ 1 Baths ⋅ 7155823 MLS

Build equity from day one in this well-located Richfield rambler offering a great opportunity to add your own personal touches. The main level features 2 bedrooms, an updated full bathroom with a modern tub surround and updated flooring, and a functional layout with plenty of natural light. The lower level provides additional flexible space for a family room, home office, workout area, or storage. Outside, enjoy a concrete driveway and spacious 2-car detached garage. Conveniently located in southwest Richfield just minutes from Edina, Southdale Center, the Galleria, Centennial Lakes, restaurants, shopping, parks, and major highways. With solid bones, a desirable location, and room to make it your own, this home is a great opportunity for a buyer looking to build instant equity. Owner is a MN Licensed Real Estate Broker.

6924 Penn Avenue S, Richfield

Listing courtesy of Mauzy Properties.

$265,000

3 Beds ⋅ 1 Baths ⋅ 7155911 MLS

Priced to reflect condition, this home offers a great opportunity to build equity in a prime Richfield location just minutes from Edina. Updated homes on nearby blocks have sold in the $317K–$345K range, creating plenty of upside for the next owner. New roof in 2024. Make it yours and finish it your way instead of paying for someone else’s choices. Enjoy convenient access to Southdale Center, Galleria, Centennial Lakes, shopping, dining, parks, and major freeways. The property also features a 2-car detached garage and concrete driveway. Inside, the home offers good bones along with a partially finished basement featuring a wood-burning fireplace and additional room to expand, including potential for a 3rd bedroom. A rare entry-level price point in a highly convenient location with plenty of opportunity to add value. Owner is a MN Licensed Real Estate Broker.

6920 Penn Avenue S, Richfield

Listing courtesy of Mauzy Properties.

$350,000

4 Beds ⋅ 3 Baths ⋅ 7159186 MLS

Welcome to this versatile and spacious home on a generous and sunny lot! Nestled in a quiet street yet close to major highways, shopping and dining. This home has the classic bungalow layout of two main floor bedrooms and bathroom, yet a bonus vaulted family room on the main level. The upper addition has the primary bedroom, fabulous 3/4 bath, and a flex space that is great for working, crafting or relaxing quiet nook. Upper original bedroom has built in storage and separate staircase for added privacy for both upper rooms. Basement has finished amusement space, laundry with bonus toilet. Large fenced in backyard is perfect for entertaining as well as great sun for gardening!

7520 Blaisdell Avenue S, Richfield

Listing courtesy of LPT Realty, LLC.

6615 Lake Shore Drive S Unit 116, Richfield

$54,900

1 Beds ⋅ 1 Baths ⋅ 7152611 MLS

This first-floor, one-bedroom condo offers approximately 760 square feet of single-level living in a 55+ Richfield community. The floor plan includes a full bathroom, separate dining area, walk-in closet, interior storage, and a patio opening onto the shared lawn. One assigned outdoor parking space is included. The unit is ready for fresh paint, new flooring, and updated finishes, giving the next owner an opportunity to personalize the kitchen and bathroom over time. Residents enjoy staffed building security, elevators, exercise and activity spaces, a library, guest accommodations, workshop areas, gardens, a salon, bussing for shopping on Tuesdays and Thursdays, and complimentary shared laundry. Located next to Wood Lake Nature Center, with shopping, dining, medical services, and major roadways nearby.

6615 Lake Shore Drive S Unit 116, Richfield

Listing courtesy of Ashworth Real Estate.

6615 Lake Shore Drive S Unit 304, Richfield

$94,900

2 Beds ⋅ 1 Baths ⋅ 7152903 MLS

Move-in ready condo in a thriving 55+ community! This beautiful unit features a freshly painted interior and brand-new carpet in both bedrooms. Enjoy an open living/dining room, a private screened-in balcony, and a kitchen with excellent storage. The primary suite includes a walk-in closet, alongside a versatile second bedroom perfect for guests or an office. Maintenance-free living at its finest with 24/7 secure entry and on-site management. Unbeatable location—walk to parks, groceries, dining, and medical facilities with fast freeway access. Non-smoking, pet-free building.

6615 Lake Shore Drive S Unit 304, Richfield

Listing courtesy of HOMESTEAD ROAD.

$350,000

3 Beds ⋅ 2 Baths ⋅ 7153456 MLS

Well-maintained rambler in a quiet neighborhood with convenient access to parks, lakes, walking and biking trails, community pool, farmers markets, shopping, dining, MSP Airport, Mall of America, and both downtown Minneapolis and Saint Paul. The main level features a spacious living room with plenty of natural light, an updated kitchen, three bedrooms, and an updated full bathroom. The floor plan is functional and offers comfortable everyday living with all three bedrooms located on one level. The finished lower level provides significant additional living space, including a large family room with a wood-burning fireplace. An additional finished area offers flexibility for a home office, exercise room, playroom, hobby space, or other use.

6737 Columbus Avenue, Richfield

Listing courtesy of Real Broker, LLC.

$350,000

3 Beds ⋅ 2 Baths ⋅ 7155535 MLS

Great opportunity in a convenient location with plenty of space inside and out. The main level has a spacious family room addition with a gas fireplace and supplemental heat, along with a huge eat-in kitchen, two bedrooms and a full bath. The finished lower level adds even more living space with a spacious family room and a recently added 3/4 bathroom. Upstairs, you'll find the primary bedroom and plenty of storage. Outside, there’s a large fully fenced yard with plenty of room to play, entertain or relax. Hardwood floors are under the carpet in the original part of the house, and maintenance-free siding makes the exterior one less thing to worry about. Close to major freeways, shopping and restaurants, this is a great spot to call home.

7614 2nd Avenue S, Richfield

Listing courtesy of RE/MAX Results.

$349,900

3 Beds ⋅ 2 Baths ⋅ 7154492 MLS

Charming 1931-built home offering 3 bedrooms, 2 bathrooms, and a detached 2-car garage on a .15-acre lot. This move-in-ready home has been refreshed with fresh interior paint and new carpet while maintaining the character of hardwood floors throughout the living room. The open-concept kitchen features stainless steel appliances and flows nicely into the living and dining spaces, creating a comfortable and functional layout. With a blend of classic charm and modern updates, this home is ready for its next owner. Move in and enjoy!

6516 16th Avenue S, Richfield

Listing courtesy of eXp Realty.

$315,000

3 Beds ⋅ 2 Baths ⋅ 7152952 MLS

Classic Richfield rambler with a practical layout and plenty of room for everyday living. The main level features a spacious living room with a brick fireplace and built-in shelving, a separate dining room with walkout access to the deck, and a kitchen with abundant cabinetry and counter space. Three bedrooms and a full bathroom are conveniently located on the main level. The finished lower level adds a large recreation room with a second fireplace, additional finished space, and a ¾ bathroom, along with substantial storage and utility space. Outside, enjoy a large deck overlooking the backyard, plus a detached storage shed and an attached one-car garage.

6240 Sheridan Avenue S, Richfield

Listing courtesy of Kris Lindahl Real Estate.

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