The Flip Potential of 112 W Louisiana St Evansville, IN is medium.
Current Specs
2 Bed / 1 Bath
1,318 sqft
$29 per sqft
Estimated Value$38,500
Flip Advice
This 1909 bungalow in Evansville's Jacobsville neighborhood offers significant flip potential. At $38,500, it's priced well below the area's median of $74,000. The property's 1,318 sqft and unfinished second floor provide ample space for value-adding renovations. Its location in a growing market with rising home values adds to its appeal.
Focus on completing the unfinished second floor and modernizing the first floor to maximize return. Consider converting to a duplex, as zoning allows. Prioritize kitchen and bathroom upgrades, and enhance curb appeal. Given the low purchase price and neighborhood median, there's substantial room for profit after renovations.
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.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 112 W Louisiana St: