Definition of fixer-upper noun from the Oxford Advanced American Dictionary

 

fixer-upper

 noun
noun
NAmE//ˌfɪksər ˈʌpər//
 
(informal)
 
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a house or an apartment that is cheap because it needs a lot of repair work when you buy it Their first home was a fixer-upper that took them years to renovate. He made his money buying and selling fixer-uppers.
See the Oxford Advanced Learner's Dictionary entry: fixer-upper