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 Flexi
MLS #
CRFR25144213
MLS Source
California Regional MLS
Days on Site
22
Appliances
Other
Cooling
Central Forced Air, Evaporative Cooler
Heating
Central Forced Air
Pool
None
Garage/Parking
Garage: 5 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | – | 3 |
1803 Mitchell Ave is a Triplex in Selma, CA 93662. This – square foot property sits on a 79,715 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $750,000 and was built in 1940.
This address can also be written as 1803 Mitchell Ave, Selma, CA 93662.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 03, 2025. For the most current information, please contact Kyle Wilkins, (559) 298-0180