$750,000

1803 Mitchell Ave Selma, CA 93662

Estimated payment $4,209/month

Total Views 8,878
7 Beds
3 Baths
1,175 Sq Ft
$638 Price per Sq Ft

Highlights

  • 2.1 Acre Lot
  • Central Air
  • Wood Siding
  • 1-Story Property
  • Garage
  • 5-minute walk to Peter Ringo Park

About This Home

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.

Listing Agent

Kyle Wilkins

Universal Realty Services, Inc License #01766038 Listed on: 06/26/2025

Co-Listing Agent

Mohamad Mansour

Universal Realty Services, Inc License #01934065

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,564

Year Built

  • Built in 1940

Lot Details

  • 2.1 Acre Lot

Parking

  • Garage

Home Design

  • Triplex
  • Wood Foundation
  • Composition Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,175 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Air
  • Refrigerated and Evaporative Cooling System
  • Septic Tank

Community Details

  • 3 Units
  • Gross Income $52,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,564

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Triplex
  • Price Per Square Foot: 638.30
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1940

Interior Features

  • Fireplace: None
  • Bathrooms: 3.00
  • Bedrooms: 7
  • Square Footage: 1175.00

Exterior Features

  • Roofing: Composition, Metal
  • Exterior: Wood
  • Foundation: Wood Subfloor

Garage/Parking

  • Additional Parking: Garage, More than One Space

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Septic Tank
  • Heat/Cool: Central Heat/Cool, Evaporative

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 2.0986
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 91414.00
  • Price Per Acre: 357381.11

Building Info

  • Year Built: 1940

Rental Info

  • TenantPays: All Utilities

Multi Family

  • Annual Income: 52800.00
  • IncomeIncludes: Unit Rent, Month to Month
  • Total Units: 3

MLS Schools

  • School District 2: Selma

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,564 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $750,000 -- --
Source: Fresno MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Similar Home in Selma, CA

  • 1803 Mitchell Ave, Selma, CA 93662

    $750,000

    • 8 Beds
    • 3 Baths
    • 1803 Mitchell Ave
    • Selma, CA

    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

    Kyle Wilkins Universal Realty Services, Inc

    Section Image

Source: Fresno MLS

MLS Number: 632805

Fresno MLS

APN: 390-020-66