3237 Francis Avenue, Placerville, CA 95667

Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
3237 Francis Avenue,Placerville, CA 95667
$895,000
  • - Beds
  • - Baths
  • 3,000 sq. ft.
  • Multi-family
  • Active
Listed by:isaac merritt
Office:alive commercial real estate
MLS#:225118927
Source:MFMLS

Price summary

  • Price:$895,000
  • Price per sq. ft.:$298.33

About this home

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

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Home facts

  • Year built:1963
  • Listing ID #:225118927
  • Added:49 day(s) ago
  • Updated:October 30, 2025 at 03:02 PM

Rooms and interior

  • Living area:3,000 sq. ft.

Heating and cooling

  • Cooling:Wall Unit(s), Window Unit(s)
  • Heating:Propane

Structure and exterior

  • Year built:1963
  • Building area:3,000 sq. ft.
  • Lot area:0.18 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$895,000
  • Price per sq. ft.:$298.33
MLS LogoMetroList MLS 2025. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: October 30, 2025. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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