$685,000

1803 Mitchell Avenue, Selma, CA 93662

  • 8 beds |
  • 3 baths
  • Property Icon Triplex
  • Property Year Built Icon Built in 1947
  • Property Lot Size Icon1.83acre lot
  • Property Parking Icon 5 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 months ago

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.

Listing Status:
Active
Date Added:
June 27, 2025 at 05:00AM
Listing Office:
Universal Realty Services, Inc : 559-298-0180
Listing Agent:
Kyle J Wilkins : 559-285-4841
MLS ID:
236042
  • A/C: Central AirEvaporative Cooling
  • Heating: Central
  • Roofing: Composition
  • Originating MLS: Tulare County MLS
  • County: Fresno
  • Zoning: 39002066
  • Utilities: Water ConnectedSewer Connected
  • Water: Public
  • Sewer: Private Sewer
  • Source: Tulare County MLS

This listing courtesy of Kyle J Wilkins, Universal Realty Services, Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Eric White Elementary School

2001 Mitchell Ave, Selma, CA, 93662

Grades KG-6

0.39 miles away

H

Heartland High (Continuation)

2269 Sylvia St, Selma, CA, 93662

Grades 7-12

0.80 miles away

H

Heartland High (Continuation)

2269 Sylvia St, Selma, CA, 93662

Grades 7-12

0.80 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.