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$895,000
67 Days On Site

3237 Francis Avenue
Placerville, CA 95667

For Sale|Quadruplex|Active
8
Beds
4
Total Baths
4
Full Baths
750
SqFt
$1,193
/SqFt
1963
Built
County:
El Dorado
3237 Francis Avenue3237 Francis Avenue3237 Francis Avenue3237 Francis Avenue
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Monthly Payment (Est.)

$4,083
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3237 Francis Avenue, a rare updated 4-unit, investment opportunity in the historic Gold Country community of Placerville, CA. Situated just a short walk from the shops and restaurants of downtown Placerville, the property benefits from an irreplaceable location with strong tenant appeal. The building consists of four (2) two-bedroom, one-bathroom units, each averaging approximately 750 square feet. The spacious floor plans and walkable location have fostered long-term tenancy, providing a stable foundation with meaningful upside through repositioning and rent growth. Placerville's multifamily market is uniquely supply-constrained. With a population of 10,656 residents and zero new market-rate multifamily construction underway or planned, the city faces a severe shortage of rental housing. At the same time, high barriers to homeownershipdriven by elevated purchase prices and interest ratesfurther constrain mobility and reinforce demand for quality rental product. This dynamic creates a favorable environment for landlords, where the cost of renting continues to represent a meaningful discount to owning.

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Listing Snapshot
Price 
$895,000
Days On Site 
67 Days
Bedrooms 
8
Inside Area (SqFt) 
750 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.18 Acres
Year Built 
1963
MLS® Number 
225118927
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.18
Cross Street 
Darlington Ave
Foundation 
Slab
Number Of Stories 
2
Parking 
OpenOn Street
Parking Spaces 
6
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Utilities 
Sewer ConnectedOther
Water Source 
Public
Zoning 
R2
Interior Features
Appliances 
Free-Standing RefrigeratorGas CooktopBuilt-In Gas Range
Cooling 
Wall Unit(s)Window Unit(s)
Flooring 
VinylWood
Heating 
Propane
Laundry Features 
Other
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Exterior Features
Construction Details 
Wood SidingStuccoGlass
View 
Downtown
Waterview 
Downtown
Community Features
Financing Terms Available 
Conventional
MLS Area 
12701
School District 
El Dorado
Schools
School District
El Dorado
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of ALIVE Commercial Real Estate



All measurements and all calculations of the area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify the accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data maintained by MetroList® may not reflect all real estate activity in the market. All real estate content on this site is subject to the Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination. Terms of Use
Last checked 2025-11-17 11:31 AM PST

Neighborhood & Commute
Source: Walkscore
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