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1803 Mitchell Avenue, Selma, CA 93662
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$685,000
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Home Details for 1803 Mitchell Avenue
Price
$685,000
Type
Multi Family
Bedrooms
7
Year Build
1940
Sq. Ft.
1175
Lot Size
2.0986
County
Fresno
Garage
5
MLS®️ Listing#
632805
On exitrealty.com
150 days
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.
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School Information for 1803 Mitchell Avenue
Elementary School
White
Middle School
Lincoln
High School
Selma
Listing Courtesy: Universal Realty Services, Inc. - 559-298-0180. Presented by: Kyle J. Wilkins
Based on information from the Fresno Multiple Listing Service. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright ©2025 Fresno Multiple Listing Service. All Rights Reserved.
Last Updated: 2025-10-01 10:08:42
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Market statistics compiled from data from Fresno Association of Realtors.
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EXIT REALTY CONSULTANTS
2416 W. Shaw Ave #105, Fresno, CA 93711
CA DRE# 01424183. Kris Klair Broker.
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$685,000
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EXIT REALTY CONSULTANTS
2416 W. Shaw Ave #105, Fresno, CA 93711
CA DRE# 01424183. Kris Klair Broker.