FBpixel

Get More Info

Print A Flyer

Get A Home Loan

Share

1803 Mitchell Ave

Selma, CA 93662

Copy Link Get Directions

$685,000

7 bd
  |  
3 ba
  |  
1,175 sq ft
  |  
2.10 acres

1803 Mitchell Ave

Selma, CA 93662

Get Directions
Listed On: 06/26/2025
Status: Active
Listing Number: 632805 (Fresno MLS)

Schedule a Tour

Contact Info


Presented By:

London Properties, Ltd.
London Properties, Ltd. 559.436.4071 Email Agent
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.
Property Type
Multi Family
Property Subtype 1
Triplex
Year Built
1940
Region
Urban
Stories
One
Total Units
3
Price Per Square Foot
$583
Price Per Acre
$326,408
Days On Market
153
Cumulative Days On Market
153
County
Fresno
REO / Bank Owned
No
Cross Street Address
Nebraska Ave
Directions
From Highland & Nebraska: Go east on Nebraska Ave, south on Mitchell Ave. Homes will be on the west side of street. 1845, 1815, 1803 Mitchell Ave.
Heat / Cool
Central Heat/Cool, Evaporative
Roofing
Composition, Metal
Foundation
Wood Subfloor
Fireplace
None
Exterior
Wood
Gas & Electric
Public Utilities
Sewer / Water
Public Water, Septic Tank
Garage Spaces
5
Additional Parking
Garage, More than One Space
APN
390 020 66 [PARCEL MAP]
School District
Selma
School Type 1
High School
School Name 1
Selma
School Type 2
Junior High School
School Name 2
Lincoln
School Type 3
Grade School
School Name 3
White
Seller Will Consider
Conventional, Cash, Owner Carry, Limited Financing
Tenant Pays
All Utilities
Income Includes
Unit Rent, Month to Month
Annual Income
52800.00
Annual Expense
2346.00
Expenses Include
Taxes
1st Loan Type
Free & Clear
Sources of Inc / Exp
None
Net Income
50454.00

Courtesy of Kyle Wilkins, Universal Realty Services, Inc. - [email protected]
Last modified 2 months ago
Fresno MLS last checked for updates 9 minutes ago

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

Copyright © 2025  London Properties, Ltd. All rights reserved.