3237 Francis Avenue, Placerville, CA 95667
Local realty services provided by:CENTURY 21 Select Real Estate, Inc.
3237 Francis Avenue,Placerville, CA 95667
$875,000
- - 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:$875,000
- Price per sq. ft.:$291.67
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 a favorable environment for landlords, where the cost of renting continues to represent a meaningful discount to owning....
Contact an agent
Home facts
- Year built:1963
- Listing ID #:225118927
- Added:225 day(s) ago
- Updated:April 24, 2026 at 02:54 PM
Rooms and interior
- Flooring:Vinyl, Wood Floors
- Kitchen Description:Built-In Gas Range, Free Standing Refrigerator, Gas Cook Top
- 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
- Construction Materials:Glass, Stucco, Wood
- Exterior Features:Balcony/Deck
- Foundation Description:Concrete, Slab
- Levels:2 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$875,000
- Price per sq. ft.:$291.67
Features and amenities
- Laundry features:In Each Unit
Parking
- Total parking spaces:6
New listings near 3237 Francis Avenue
- New
$480,000Active3 beds 3 baths2,103 sq. ft.3950 Frog Hollow Drive, Placerville, CA 95667
MLS# 226049906Listed by: EXP REALTY OF CALIFORNIA, INC. - Open Sat, 1 to 3pmNew
$650,000Active3 beds 2 baths1,384 sq. ft.630 State Highway 49, Placerville, CA 95667
MLS# 226041743Listed by: EXP REALTY OF CALIFORNIA, INC. - Open Sat, 12 to 2pmNew
$560,000Active4 beds 2 baths1,598 sq. ft.3255 Gerle Avenue, Placerville, CA 95667
MLS# 226048730Listed by: CENTURY 21 SELECT REAL ESTATE - Open Sat, 11am to 2pmNew
$669,500Active3 beds 3 baths1,874 sq. ft.6320 Zamora Drive, Placerville, CA 95667
MLS# 226050261Listed by: WINDERMERE SIGNATURE PROPERTIES CAMERON PARK/PLACERVILLE - New
$595,000Active4 beds 3 baths2,276 sq. ft.3041 Rising Hill Court, Placerville, CA 95667
MLS# 226046424Listed by: RE/MAX GOLD - New
$655,000Active3 beds 2 baths2,452 sq. ft.3840 Greenstone Road, Placerville, CA 95667
MLS# 226049283Listed by: NAVIGATE REALTY - Open Sat, 11am to 2pmNew
$649,000Active2 beds 3 baths2,240 sq. ft.3350 La Vista Drive, Placerville, CA 95667
MLS# 226045064Listed by: RE/MAX GOLD - Open Sat, 12 to 3pmNew
$655,000Active3 beds 3 baths2,350 sq. ft.5200 Langner Creek Road, Placerville, CA 95667
MLS# 226032424Listed by: WINDERMERE SIGNATURE PROPERTIES CAMERON PARK/PLACERVILLE - New
$349,999Active2 beds 1 baths800 sq. ft.3085 Texerna Court, Placerville, CA 95667
MLS# 226039192Listed by: EXP REALTY OF CALIFORNIA INC - New
$250,000Active1.48 Acres3335 Morel Way, Placerville, CA 95667
MLS# 226049221Listed by: VISTA SOTHEBY'S INTERNATIONAL REALTY