1803 Mitchell Avenue Active Save Request In-Person Tour Request Virtual Tour
Selma,CA 93662
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,175 sqft
Price per Sqft $582
MLS Listing ID FR-25144213
Year Built 1940
Lot Size 1.830 Acres
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Investor Goldmine: 3 Homes on 2.1 Acres with Multi-Strategy Potential
Calling all investors this rare 2.1-acre parcel features three income-producing homes and offers multiple avenues to maximize ROI: monthly rental, rezoning opportunity, or long-term development.
?? Property Overview (2 APNs, sold as one):
1803 Mitchell Ave (southernmost): Cozy 2?bd/1?ba rental generating $1,200/mo.
1815 Mitchell Ave: Classic gem on its own parcel (APN?390-020-63) with central HVAC, original hardwood floors, and vibrant tile countertops. Includes 3 detached outbuildingsideal for workshop space or ancillary income.
1845 Mitchell Ave (northernmost): Spacious 3?bd/1?ba home featuring indoor laundry, expansive living area, fenced yard, 3-car garage, and a metal storage shed. Plusthis house sits adjacent to open ground (included in the acreage) ready for build-out.
?? Why This Property Stands Out:
Cashflow from Day One: Rent all three homes while pursuing rezoning or development.
Development-Ready: Neighboring parcel recently subdivided into single-family lotssets a strong precedent.
Versatility: Ideal for investors specializing in long-term rentals, fix-and-flips, or multifamily development.
?? Highlights & ROI Drivers:
Immediate rental income across all units
Flexible strategies: hold, convert, or redevelop
Existing Homes can be cleaned up & rented out fast
All 3 house on city water. All 3 houses on septic tanks. City sewer at street, buyer to verify the cost & process to connect.
Location
State CA
County Fresno
Interior
Heating Central
Fireplaces Type None
Laundry Inside
Exterior
Garage Spaces 5.0
Pool None
Community Features Rural,Valley
Building
Lot Description 2-5 Units/Acre
Sewer Private Sewer