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3237 Francis Avenue Placerville, CA $ 895,000
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$ 895,000 Get more info
3237 Francis Avenue
$ 895,000
Back to search
Share Save

3237 Francis Avenue

Placerville, CA, 95667
$ 895,000
Bedrooms8 Baths4.0 Sq 3,000

Monthly Estimate*

$ 5,584

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Multi-Family Home for sale in Placerville, CA

for $895,000 with 8 bedrooms and 4 full baths. This 3,000 square foot home was built in 1963 on a lot size of 0.18.

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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Multi-Family Active

Price

$ 895,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.18

Year Built

1963

Town/City

Placerville

County/Region

El Dorado

MLS | Web ID

225118927
Features
General
Sewer Public Sewer
Heating Propane
Cooling Wall Unit(s) Window Unit(s)
Utilities Sewer Connected Other
Appliances Free Standing Refrigerator Gas Cook Top Built-In Gas Range
Unit 4 Rent 1325
Unit 2 Rent 1350
Unit 3 Rent 1350
Unit 1 Rent 1350
HOA Fee 0
Garage Spaces 0.0
Patio/Porch Features Balcony/Deck
Construction Materials Stucco Glass Wood
Year Built 1963
View Downtown
Stories Count 2
Property Subtype Quadruplex
Elevation 0
County El Dorado
Property Type ResidentialIncome
HOA N
Total Rooms 0
Close Price 0.0
Status Active
Directions Property is near Marshall Hospital. Turn onto Darlington Ave from Cedar Ravine Rd then turn onto Francis Ave.
City Placerville
High School District El Dorado Union High
Zoning Description R2
Open Parking Spaces 0.0
Number Of Units Total 4
MLS Area 12701
Lot Size Square Feet 7841.0
Carport Spaces 0.0
Standard Status Active
Middle/Junior School District Placerville Union
Elementary School District Placerville Union
Year Built Source Other
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Interior
Flooring Vinyl Wood
Total Stories 2
Unit 1 Full Baths 1
Unit 2 Full Baths 1
Unit 3 Full Baths 1
Unit1Bedrooms 2
Unit3Bedrooms 2
Laundry Features In Each Unit Other
Unit 1 Bedroom Units Total 0
Unit 2 Bedroom Units Total 4
Unit 3 Bedroom Units Total 0
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Exterior
Parking Features Open Street Uncovered Guest Parking Available
Lot Features Central BBQ Court
Water Source Public
Total Parking 6.0
Foundation Details Concrete Slab
Number of Buildings 1
Lot Size Acres 0.18
Lot Size Source Assessor Agent-Fill
Covered Spaces 0.0
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Internal Only
Street Number 1 3237
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* Excluded Features
List By
Alive Commercial Real Estate

Broker

imerritt@alivecre.com

Email

Affordability Calculator

$5,584
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,584
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193666 Elementary School
3193775 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
9/10/2025 $895,000 Listed Price

Map

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3237 Francis Avenue, Placerville, CA, 95667 is a Multi-Family Home for sale at $895,000 with 3,000 sqft and a lot size of 0.18. 3237 Francis Avenue has 8 bedrooms, 4.0 baths, and was built in 1963. The property's zip code is 95667 which is in Placerville, CA

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