FOR SALE BY OWNER — Fixer Upper / Prime Flip Opportunity
309 N Sherman Ave, Sioux Falls, SD
Asking Price: $130,000
Estimated After Repair Value (ARV): $220,000–$240,000
Investors and flippers — the numbers work on this one. Comparable updated homes in this area are selling at $220K–$240K. Buy at $130K, renovate, and you're looking at a potential $80,000–$100,000+ spread.
WHAT YOU GET:
Classic 2-story craftsman-style home with great bones
Multiple bedrooms on main and upper floors with closets
Open main floor with hardwood floors and peninsula breakfast bar
Full bath with tub/shower combo
Finished basement with large rec room and storage rooms
Brand new Carrier high-efficiency furnace already installed — big ticket item done
Detached garage in back
Covered front porch entry
Needs cosmetic work — flooring, paint, bathroom refresh, yard cleanup. Sold as-is. Cash or hard money preferred. No agent fees — deal direct with owner.