About 1803 Mitchell Avenue
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.
Features of 1803 Mitchell Avenue
| MLS® # | FR25144213 |
|---|---|
| Price | $685,000 |
| Bedrooms | 3 |
| Bathrooms | 0.00 |
| Acres | 1.83 |
| Year Built | 1940 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 1803 Mitchell Avenue |
|---|---|
| City | Selma |
| County | Fresno |
| Zip Code | 93662 |
Amenities
| Parking Spaces | 5 |
|---|---|
| # of Garages | 5 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Heating | Central |
|---|---|
| Cooling | Central Air, Evaporative Cooling |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Lot Description | TwoToFiveUnitsAcre |
|---|
Additional Information
| Date Listed | June 26th, 2025 |
|---|---|
| Days on Market | 131 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Kyle Wilkins |
|---|---|
| Office | Universal Lending and Realty, Inc. |