INVESTOR SPECIAL ! Fix n’ Flip or Rental in Galveston, IN! - $135,000

315 W Jackson St, Galveston, IN 46932

$230,000 After Repair Value -
$135,000 Asking Price -
$35,000 Cost of Repairs =
$60,000 Potential Profit

Property Details

Asking Price $135,000

After Repair Value $230,000

Costs of Repairs $35,000

Potential Profit $60,000

Living Area 1948 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 2

Half Bathrooms N/A

Parking 0

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $1,250

Yearly Expenses N/A

Property Taxes N/A

Net Operating Income N/A

Cap Rate N/A

Property Description

OverviewExcellent investment opportunity in Galveston, IN. This spacious 3-bed, 2-bath property spanning 1,948 sqft is currently priced at $135,000. Recent area sales of similar 3/2 homes have reached as high as $178k–$222k, suggesting significant upside for a light-refresh flip or a strong ROI as a rental. The property is well-maintained with up-to-date systems and monthly landscaping. The seller is highly motivated to liquidate this asset ASAP to fund further acquisitions, providing a seamless transition for the next investor.Transaction DetailsWalkthrough Date: By appointment only, tenants are not to be disturbed.Closing Date: March 26, 2026Occupancy: Tenant-Occupied (Monthly Rental)Access instructions: Contact Charlie at - Title company: Metropolitan Title KokomoEarnest money required: $5,000Proof of funds required: YesProperty ConditionRoof: Good - 2016HVAC: Good Condition / Age UnknownPlumbing: Up to dateElectrical: Up to dateFoundation: No issues reportedInterior: 3 beds / 2 baths | 1,948 sqft | Good conditionOther Property Details: Landscaping maintained monthly; newer windowsComparable Properties306 W Jackson St - $178,600: 1,769 sqft | 3/2 bed/bath | Jan 2026 - As Is Sale4693 W 1300 South - $222,500: 1,480 sqft | 3/2 bed/bath | Jan 202611854 S US Highway 35 - $254,000: 1,585 sqft | 3/2 bed/bath | Dec 2025Next StepsContact us if you need more informationSchedule a property walkthroughMake an offer directly on this pageSubmit proof of fundsSign assignment agreementDisclaimersIMPORTANT: This listing represents an assignment of a purchase contract, not a direct property sale. The advertised price includes the original contract price plus an assignment fee. Buyer is responsible for conducting their own due diligence. All information provided is believed to be accurate but not guaranteed. This opportunity is offered to qualified real estate investors only. This is not a retail property listing and no real estate agent relationships are implied or established through this marketing material. Time-sensitive opportunity - this contract is being offered to multiple investors.

Repairs Needed

10 Year Old Roof Good Condition, Dated HVAC Working, Cosmetic Updates

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