Flip report generated Jan 11, 2025
The Flip Potential of
318 W Tennessee St Evansville, IN
is high.
Current Specs
2 Bed / 1 Bath
1,142 sqft
$22 per sqft
Estimated Value$25,000
Flip Advice
This property at 318 W Tennessee St in Evansville has solid potential for flipping. With a low list price of $25K and a decent square footage of 1,142, it sits in the Jacobsville neighborhood, which has a median listing price around $65K. While the house requires some work, the additional lot next door can be a bonus for future development.
Consider focusing on cosmetic updates and possibly adding space to increase its value. Given the average sold prices in the area (around $125K), investing in renovations could yield a favorable return. However, be mindful of the investment costs and timeline to avoid pitfalls.
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The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.