Estimated payment $3,720/month
Highlights
- 1.83 Acre Lot
- Central Heating and Cooling System
- 1-Story Property
- No HOA
- 5 Car Garage
- 5-minute walk to Peter Ringo Park
About This Home
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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 1.83 Acre Lot
- 390-020-63
Parking
- 5 Car Garage
Home Design
- Triplex
- Composition Roof
Interior Spaces
- 1-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Bathrooms
Utilities
- Central Heating and Cooling System
- Evaporated cooling system
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 39002066
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,576 | $67,387 | $24,453 | $42,934 |
| 2023 | $1,564 | $64,772 | $23,504 | $41,268 |
| 2022 | $1,594 | $63,503 | $23,044 | $40,459 |
| 2021 | $1,551 | $62,259 | $22,593 | $39,666 |
| 2020 | $1,528 | $61,622 | $22,362 | $39,260 |
| 2019 | $1,472 | $60,415 | $21,924 | $38,491 |
| 2018 | $1,430 | $59,232 | $21,495 | $37,737 |
| 2017 | $1,413 | $58,072 | $21,074 | $36,998 |
| 2016 | $1,333 | $56,934 | $20,661 | $36,273 |
| 2015 | $1,347 | $56,080 | $20,351 | $35,729 |
| 2014 | $1,307 | $54,983 | $19,953 | $35,030 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/01/2025 10/01/25 | Price Changed | $685,000 | -8.7% | -- |
| 06/27/2025 06/27/25 | For Sale | $750,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Tulare County MLS
MLS Number: 236042
APN: 390-020-66
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information from the Tulare County Association of REALTORS®. 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 or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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