Home | El Dorado County | Placerville | 95667 | 3237 Francis Ave
3237 Francis Ave, Placerville, CA 95667
MLS: ME226066987 | Status: Active | Price: $875,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
3,000 |
7,841 |
– |
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.
| Field |
Value |
| MLS # |
ME226066987 |
| MLS Source |
MetroList Services, Inc. |
| Days on Site |
6 |
Features
Interior Features
| Feature |
Details |
| Appliances |
Cooktop - Gas, Other, Oven Range - Built-In, Gas, Refrigerator |
| Flooring |
Vinyl, Wood |
| Cooling |
Window/Wall Unit |
| Heating |
Propane |
Exterior Features
| Feature |
Details |
| Foundation |
Slab, Concrete Perimeter and Slab |
| Style |
Flat |
| Feature |
Details |
| Garage/Parking |
Guest / Visitor Parking, Street, Garage: 0 Car(s) |
| High School District |
El Dorado Union High |
| Sewer |
Public Sewer |
| Water |
Public |
| HOA Fee |
$0 |
| Zoning |
R2 |
Isaac Merritt
ALIVE Commercial Real Estate
License #: 02153945
Phone: (530) 401-1885
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 1 |
4 |
4 |
Unit Details
| Unit # |
Sq Ft |
Beds |
Baths |
Rent |
| 1 |
750 |
2 |
1/0 |
$1,350 |
| 2 |
0 |
2 |
1/0 |
$1,350 |
| 3 |
0 |
2 |
1/0 |
$1,350 |
| 4 |
0 |
2 |
1/0 |
$1,325 |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
Nearby Homes
Disclosures
©2026 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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This listing information is up-to-date as of May 27, 2026. For the most current information, please contact Isaac Merritt, (530) 401-1885.