1803 Mitchell AVE 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
MLS Listing ID FR25144213
HOA Y/N No
Year Built 1940
Lot Size 1.830 Acres
Property Sub-Type Triplex
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
Cooling Central Air,Evaporative Cooling
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Rural,Valley
Total Parking Spaces 5
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Private Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 39002066
Acceptable Financing Cash,Conventional,Owner May Carry
Listing Terms Cash,Conventional,Owner May Carry
Special Listing Condition Standard