1803 Mitchell AVE new 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 $638
MLS Listing ID 632805
Bedrooms 7
Full Baths 3
Year Built 1940
Lot Size 2.099 Acres
Property Sub-Type Triplex
Property Description
Investor Goldmine: 3 Homes on 2.1 Acres with Multi‑Strategy PotentialCalling 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 unitsFlexible strategies: hold, convert, or redevelopExisting Homes can be cleaned up & rented out fastAll 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
Cooling Central Heat/Cool,Evaporative Cooling
Fireplaces Type None
Exterior
Parking Features Garage,More than One Space
Garage Spaces 5.0
Utilities Available Public Utilities
Roof Type Composition,Metal
Building
Lot Description Urban
Story 1
Foundation Wood Subfloor
Sewer On,Septic Tank
Water Public
Schools
High Schools Selma