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.