Affordable Creekside Fixer-Upper with Investment Potential

This property located along Salt Creek presents a unique opportunity for buyers seeking an affordable home with strong upside potential. While it requires significant attention and repairs, it offers a solid foundation for those willing to invest time, effort, and vision into transforming it into a comfortable residence or income-generating property. With its creekside setting, functional layout, and competitive price point, this home stands out as a value-driven option in today’s real estate market.

It is important to note from the outset that the property is being sold in as-is condition and may pose health and safety risks due to its current state. All potential buyers and agents must exercise caution. Prior to entering or accessing the property, all parties are required to sign a Hold Harmless Agreement, and showings are strictly by appointment only. These precautions highlight the need for careful evaluation and planning, but they also signal an opportunity for those experienced in renovation or property investment.

The home features a single-story ranch-style layout with approximately 1,750 square feet of interior living space. Built in 1983, the structure includes three bedrooms and two bathrooms, offering a practical configuration for families or future tenants. All bedrooms are located on the main level, making the layout convenient and accessible. The primary living areas are also situated on the main floor, including a spacious living room, dining area, and kitchen.

The living room is one of the standout interior spaces, offering generous square footage that can be reimagined into a comfortable gathering area. With dimensions of 22 by 14 feet, it provides ample room for seating, entertainment, and customization. Nearby, the dining room and eat-in kitchen create a functional flow that supports everyday living and entertaining. The kitchen itself, measuring 15 by 14 feet, offers enough space to accommodate modern upgrades, additional storage, or even a redesign to suit contemporary preferences.

Each of the three bedrooms provides a reasonable amount of space, with dimensions that allow for flexibility in furniture arrangement and use. Whether intended for family members, guests, or office space, these rooms can be adapted to meet a variety of needs. The home includes one full bathroom and one half bathroom, both located on the main level, which adds to the convenience of the layout.

Additional interior features include a dedicated laundry or utility room and a crawl space basement. While there is no fireplace, the home is equipped with forced air heating powered by natural gas and central air conditioning. These systems may require inspection or servicing, but they provide a starting point for climate control within the home.

Outside, the property sits on approximately one acre of land, offering a manageable yet versatile outdoor space. The lot dimensions—194 by 215 by 361 feet—provide room for landscaping, gardening, or outdoor recreation. The presence of a creek or stream adds a natural element that enhances the property’s appeal, creating a peaceful environment and potential for scenic views.

Parking is accommodated by a detached garage with space for two vehicles. This feature adds both convenience and value, particularly for buyers who need storage or workshop space. The property also includes road frontage, ensuring straightforward access.

In terms of construction, the home is classified as a single-family residence with a ranch architectural style and vinyl siding exterior. It is also noted as a manufactured home built after 1976, which may influence financing options and insurance considerations. Buyers should verify all construction details and consult with lenders or professionals as needed.

Utilities include a private well for water and a septic tank for sewage. These systems are common in rural or semi-rural settings but should be inspected thoroughly to ensure proper function and compliance with local regulations. As with all aspects of this property, due diligence is essential.

Financially, the property is positioned as a highly affordable option, with a price per square foot significantly below market averages. The tax-assessed value and annual property taxes are relatively modest, making it an appealing choice for budget-conscious buyers or investors seeking a low entry point. The listing is categorized as HUD-owned, which may come with specific purchase requirements and processes.

All offers must be submitted through the designated online platform, where agents are required to register, locate the property, and initiate the offer process. The listing terms indicate a preference for cash transactions, which is common for properties in need of substantial repair. Additionally, the property may qualify for seller financing under the Vendee program, offering an alternative pathway for eligible buyers.

Another important consideration is the potential presence of lead-based paint, as the home was built prior to 1978 or may contain materials from that era. Buyers should take appropriate precautions and consider professional inspections to address any environmental concerns.

The property has been on the market since October 9, 2025, accumulating over four months of listing time. This extended availability may present an opportunity for buyers to negotiate favorable terms, particularly given the condition and requirements associated with the sale.

From an investment perspective, this property offers several possible paths. It could be renovated and resold for profit, rented out as a long-term income property, or used as a primary residence for those willing to undertake improvements over time. Its creekside location and functional layout provide a solid base for value creation, especially in markets where affordable housing options are limited.

However, it is essential to approach this opportunity with realistic expectations. The need for repairs, potential safety risks, and administrative requirements mean that this property is best suited for experienced buyers, contractors, or investors who understand the challenges involved. Proper inspections, budgeting, and planning will be critical to achieving a successful outcome.

In conclusion, this Salt Creek property represents a classic fixer-upper opportunity—one that combines affordability, location, and potential with the need for careful evaluation and renovation. For the right buyer, it offers a chance to create value and transform a distressed property into a functional and appealing home.

If you are prepared to take on a project and see beyond the current condition, this property could be the investment or residence you have been looking for. With its competitive pricing and unique setting, it invites you to unlock its potential and bring new life to a home ready for transformation.

 

Listed on Zillow

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