Richfield Homes under $400,000

Welcome to Richfield, Minnesota—a charming city nestled in the heart of Hennepin County, just minutes away from the vibrant city of Minneapolis. Known for its welcoming community and rich history, Richfield boasts a unique blend of suburban tranquility and urban convenience, making it a perfect place to call home.

Richfield is characterized by its well-maintained parks, excellent schools, and a variety of local shops and restaurants that cater to every taste. The city’s commitment to community engagement is evident in its numerous events and festivals, fostering a warm and inclusive atmosphere that residents cherish. Whether you’re exploring the scenic trails of Wood Lake Nature Center or enjoying a family picnic at Veterans Park, Richfield offers countless opportunities for outdoor recreation and relaxation.

For those seeking affordable housing options, Richfield has a fantastic selection of homes under $400,000. From charming bungalows to modern townhomes, the real estate market here provides a diverse range of choices that suit various lifestyles and budgets. These homes often feature spacious layouts, updated amenities, and beautiful yards, perfect for families, first-time buyers, or anyone looking to invest in a thriving community.

Richfield’s strategic location allows for easy access to major highways and public transportation, making commuting a breeze. With its friendly neighborhoods, rich cultural offerings, and affordability, Richfield is not just a place to live; it’s a place to thrive. Come discover the charm and opportunity that await you in this delightful Minnesota city!

Newest Richfield Homes under $400,000

$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..

$384,900

3 Beds ⋅ 2 Baths ⋅ 7141862 MLS

This lovingly maintained rambler is located in the desirable Sheridan Hills neighborhood. A large footprint floor plan makes the living space feel larger than the average Richfield rambler. There are hardwood floors throughout the main level. The west facing living room picture window offers warm afternoon sun. Enjoy the eat-in, galley style kitchen with newer range and refrigerator. There's a dining space adjacent to the living room with a built-in hutch. A three season porch is accessed through the finished, one stall garage. It features knotty pine paneling, vaulted ceiling and sliding door leading to the adjacent deck. The lower level offers a large family room with a second wood burning fireplace and updated windows. The additional office and game rooms could be converted to bedrooms by adding egress windows. The 12x8 storage shed is built on a cement slab and has electricity. Fully fenced back yard.

6314 Vincent Avenue S, Richfield

Listing courtesy of Keller Williams Realty Integrity.

$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 ⋅ 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.

$395,000

4 Beds ⋅ 2 Baths ⋅ 7159586 MLS

Welcome to this beautifully maintained home in the heart of Richfield. Featuring a spacious and functional layout, this home offers comfortable living with plenty of room to grow. Enjoy a bright living area, well-sized bedrooms, and a finished basement perfect for a family room, home office, or guest space. The 2-car garage provides convenience and extra storage. Ideally located near parks, schools, shopping, dining, and with easy access to major highways, this home offers both comfort and convenience. Don’t miss this great opportunity to own in a desirable Richfield neighborhood!

6211 Morgan Avenue S, Richfield

Listing courtesy of AR Realty Group Inc..

$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.

$375,000

3 Beds ⋅ 2 Baths ⋅ 7157379 MLS

Great updates meet an open, inviting floor plan. This home features an open kitchen, dining, and living area that creates a comfortable space for everyday living and entertaining. You will also enjoy the spacious lower-level family room, providing plenty of room to relax or play. Recent updates include the kitchen, floors, a newer roof, and air conditioning. You will also find convenient access to shopping, restaurants, parks, and major roadways throughout Richfield.

7228 Pleasant Avenue, Richfield

Listing courtesy of BRIX Real Estate.

$374,900

3 Beds ⋅ 2 Baths ⋅ 7157100 MLS

Quick close possible! Don't miss this beautifully updated home in a prime Richfield location! From the moment you step inside, you'll appreciate the fresh, modern finishes throughout. The fully remodeled kitchen features granite countertops, white enamel cabinets, stainless steel appliances, and stylish lighting. Fresh paint, updated baths, durable luxury vinyl plank flooring, and new carpet make this home truly move-in ready. Enjoy an unbeatable location near parks, trails, shopping, restaurants, Mall of America, MSP Airport, and major highways for easy commuting. Combining modern updates, everyday convenience, and exceptional value, this home is ready for you to move in and enjoy from day one.

6839 10th Avenue S, Richfield

Listing courtesy of Edina Realty, Inc..

$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.

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Richfield Homes under $400,000

Newest Richfield Homes under $400,000

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