$685,000
1803 Mitchell Avenue
Selma, CA, 93662
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
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.
Property Details
Price:
$685,000
MLS #:
632805
Status:
Active
Beds:
7
Baths:
3
Type:
Multi Family
Subtype:
Triplex
Neighborhood:
662
Listed Date:
Jun 26, 2025
Finished Sq Ft:
1,175
Lot Size:
91,414 sqft / 2.10 acres (approx)
Year Built:
1940
Schools
School District:
Selma
Interior
Exterior
Financial
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Map
Current real estate data for Multi Family in Selma as of Jan 26, 2026
1
Multi Family Listed
213
Avg DOM
583
Avg $ / SqFt
$685,000
Avg List Price
Community
- Address1803 Mitchell Avenue Selma CA
- CitySelma
- CountyFresno
- Zip Code93662
Similar Listings Nearby
Property Summary
- 1803 Mitchell Avenue Selma CA is a Multi Family for sale in Selma, CA, 93662. It is listed for $685,000 To schedule a showing of MLS#632805 at 1803 Mitchell Avenue in Selma, CA, contact your Valley Harvest Properties agent at 5597797132.

1803 Mitchell Avenue
Selma, CA


