Placerville Homes with Quadruplex Property Subtype

Welcome to Placerville, California—a charming city nestled in the heart of El Dorado County, known for its rich history, stunning natural beauty, and vibrant community spirit. Once a bustling Gold Rush town, Placerville retains its historical charm with quaint streets, unique shops, and delightful eateries, making it a perfect blend of the old and the new. Surrounded by the scenic Sierra Nevada foothills, residents enjoy an abundance of outdoor activities, from hiking and biking to skiing in the nearby mountains.

For those looking to invest in real estate, Placerville offers a unique opportunity with quadruplex properties. These multi-family homes not only provide a spacious living environment but also present an excellent investment potential. Quadruplexes are designed to accommodate four separate units, making them ideal for both homeowners and investors seeking rental income. Imagine living in one unit while renting out the others, creating a smart financial strategy that can lead to long-term wealth.

The demand for rental properties in Placerville is on the rise, driven by the city’s growing appeal and proximity to larger metropolitan areas. Quadruplexes enable you to tap into this lucrative market while enjoying the benefits of living in a picturesque community. With a variety of architectural styles and configurations available, you can find a quadruplex that suits your taste and lifestyle.

Whether you’re looking to settle down or invest, Placerville's quadruplex properties offer a unique opportunity to be part of a thriving community while enjoying the beauty of Northern California. Explore the possibilities today and discover your dream home in this enchanting city!

Newest Placerville Homes with Quadruplex Property Subtype

$860,000

3,000 SqFt. ⋅ 226066987 MLS

PRICE REDUCED & GREAT CONDITION: 3237 Francis Avenue, a rare updated 4-unit, investment opportunity in the historic Gold Country community of Placerville, CA. Three year old roof, new electrical meters, new propane tanks, all washouts and main water lines recently cleaned! 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.

3237 Francis Avenue, Placerville

Listing courtesy of ALIVE Commercial Real Estate.

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