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$685,000
Listing Price8beds
3baths
1,140sqft
79,715sqft lot
1845 Mitchell Ave, Selma, CA 93662
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Investor Goldmine: 3 Homes on 2.1 Acres with Multi‑Strategy PotentialnCalling 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.nn📍 Property Overview (2 APNs, sold as one):nn1803 Mitchell Ave (southernmost): Cozy 2 bd/1 ba rental generating $1,200/mo.nn1815 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.nn1845 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.nn💡 Why This Property Stands Out:nnCashflow from Day One: Rent all three homes while pursuing rezoning or development.nnDevelopment-Ready: Neighboring parcel recently subdivided into single-family lotssets a strong precedent.nnVersatility: Ideal for investors specializing in long-term rentals, fix-and-flips, or multifamily development.nn🔍 Highlights & ROI Drivers:nnImmediate rental income across all unitsnnFlexible strategies: hold, convert, or redevelopnnExisting Homes can be cleaned up & rented out fastnnAll 3 house on city water.
Interior Details
1140
8
3
Has Heating:
No
Heating Type:
N/A
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
79715
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Custom Design
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$1,527
$22,362
$39,260
--%
$61,622
2019
$1,471
$21,924
$38,491
--%
$60,415
2018
$1,430
$21,495
$37,737
--%
$59,232
2017
$1,412
$21,074
$36,998
--%
$58,072
2016
$1,333
$20,661
$36,273
--%
$56,934
2014
$1,307
$19,953
$35,030
--%
$54,983
2013
$1,295
$19,863
$34,872
--%
$54,735
2012
$1,248
$19,474
$34,189
--%
$53,663
Average Home Price in 93662
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The real estate market in Fresno and its neighboring cities has shown robust growth from April 2023 to March 2024, with increasing property values, healthy sales volumes, and some location-specific fluctuations.





