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Listed by Kyle Wilkins • Universal Lending and Realty, Inc.
$ 750,000
Est. payment /mo
Active
1803 Mitchell AVE Selma, CA 93662
1.83 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRFR25144213
Year Built 1940
Lot Size 1.830 Acres
Property Sub-Type Triplex
Source California Regional MLS
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 Flexi
Location
State CA
County Fresno
Interior
Heating Central Forced Air
Cooling Central AC, Evaporative Cooler
Laundry Other
Exterior
Garage Spaces 5.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 39002066
Special Listing Condition Not Applicable
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