USACAPlacerville3077 Miles Way
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3077 Miles Way, Placerville, CA

House

For Sale

Listed price in listed location currency (USD).
$625,000

004

MLS® 226057767

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 1584 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1963
Avg. Price Per Sqft $394
MLS® Number 226057767

Property Address: 3077 Miles Way, Placerville, CA, 95667-6552

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number226057767
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1963
Basement
DrivewayOff Street, Side-by-Side
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 7, 2026List Date
$625,000List Price
  • Commute

Commute

Starting Address
Destination Address
3077 Miles Way, Placerville, CA

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