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.
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.