3077 Miles Way Placerville, CA $ 625,000
3077 Miles Way
$ 625,000
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3077 Miles Way

Placerville, CA, 95667
$ 625,000
Baths0.0 Sq 1,584

Monthly Estimate*

$ 3,848

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Studio

Multi-Family Home for sale in Placerville, CA

for $625,000. This 1,584 square foot home was built in 1963 on a lot size of 0.5.

3077 Miles Way, is a rare three-unit investment opportunity in the heart of historic Placerville. Constructed in 1963 and thoughtfully updated, this pride of ownership property sits on a 0.5-acre lot, walking distance to downtown's vibrant shops, dining, and a stone's throw from Marshall Hospital. The property features a desirable unit mix of (2) one-bedroom, one-bath units and (1) large, one-bedroom, two-bath owner's suite. The charming owner's suite, offers flexibility for an owner-occupant, short-term rental, or traditional lease. Current rents are approximately $250 below market, providing clear and immediate upside for a new owner to increase income without the need for significant renovations. Additionally, the vacant penthouse presents a turnkey opportunity for occupancy or income from day one. With a population of approximately 10,656, Placerville continues to experience a chronic housing shortage, with no new market-rate multifamily developments currently planned or under construction. High barriers to entrydriven by limited supply and escalating single-family home prices often exceeding $1,000,000have created a supply-constrained environment that supports strong rental demand and long-term asset appreciation. 3077 Miles Way is also well-suited for an owner-occupant seeking a primary residence with supplemental rental income to offset housing costs. Combining a low basis, proven demand, and immediate rental upside, 3077 Miles Way represents a compelling opportunity in one of Northern California's most supply-constrained rental markets.

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Multi-Family Pending

Price

$ 625,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Triplex

Lot Size

0.5

Year Built

1963

Town/City

Placerville

County/Region

El Dorado

MLS | Web ID

226057767

Features
General
Sewer Sewer in Street Public Sewer
Heating Propane Electric
Cooling Wall Unit(s)
Utilities Cable Connected Sewer Connected Electric Propane
Unit 4 Rent 0
Unit 2 Rent 0
Unit 3 Rent 0
Unit 1 Rent 2200
HOA Fee 0
Garage Spaces 0.0
Patio/Porch Features Balcony/Deck
Construction Materials Wood
Year Built 1963
Tenant Pays Cable TV Electricity Gas
Stories Count 0
Property Subtype Triplex
Elevation 0
County El Dorado
Property Type Residential Income
HOA N
Total Rooms 0
Close Price 0.0
Status Pending
Directions Barlett Ave to Miles Way.
City Placerville
High School District El Dorado Union High
Zoning Description R1-20
Open Parking Spaces 0.0
Number Of Units Total 3
MLS Area 12701
Lot Size Square Feet 21780.0
Carport Spaces 0.0
Standard Status Pending
Middle/Junior School District Placerville Union
Elementary School District Placerville Union
Year Built Source Assessor Agent-Fill
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Interior
Flooring Tile
Total Stories 2
Unit 1 Full Baths 2
Unit 2 Full Baths 1
Unit 3 Full Baths 1
Unit1Bedrooms 1
Unit3Bedrooms 1
Laundry Features In Each Unit
Unit 1 Bedroom Units Total 3
Unit 2 Bedroom Units Total 0
Unit 3 Bedroom Units Total 0
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Exterior
Parking Features Off Street Side-by-Side
Lot Features Private Secluded
Water Source Water District Public
Total Parking 4.0
Foundation Details Raised
Number of Buildings 1
Lot Size Acres 0.5
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.0
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Internal Only
Street Number 1 3077
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* Excluded Features
List By
Alive Commercial Real Estate

Broker

imerritt@alivecre.com

Email

Affordability Calculator

$3,848
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,848
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
Date Price Price Change Description
5/7/2026 $625,000 Listed Price

Map


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3077 Miles Way, Placerville, CA, 95667 is a Multi-Family Home for sale at $625,000 with 1,584 sqft and a lot size of 0.5. 3077 Miles Way is a studio with 0.0 baths and was built in 1963. The property's zip code is 95667 which is in Placerville, CA