Miles Way
Placerville, CA 95667
Prime Investment Opportunity - 4-Plex In Placerville! This well-maintained fourplex presents an excellent investment opportunity for investors looking to generate rental income in El Dorado County. Located in a private & tranquil setting on a generous .50-acre lot with no mello roos or HOA's, this property combines convenience, comfort & long-term value. The building spans 3,400 sq ft with 4-850 sq ft units- 2-upstairs units & 2-downstair units each unit has a covered parking space- with 3 additional parking areas- All units come equipped with in-unit laundry room, washers/ dryers & mud sink. Three of the 4 units have updated bathrooms. Fully rented, this property generates immediate income with a 7% cap rate making it a turnkey investment. Convenient Commuting: Situated near Highway 50.
Property Details
Map
Map
Features
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Bedroom Information
Window Feature: Dual Pane Partial,Window Coverings,Window ScreensWater/Sewer
Sewer: In & Connected, Public Sewer -
Flooring Information
Carpet, Concrete, Tile, Laminate, Linoleum, Varies by Unit -
Roofing Information
Composition -
Interior Features
Roof: Composition Appliances: Free Standing Gas Oven, Free Standing Refrigerator, Gas Cook Top Laundry Features: Washer/Dryer Owned, In Each Unit, Other, Washer/Dryer Hookups -
Heating & Cooling
Heating: Propane, Gas, Wall Furnace Cooling: Window Unit(s) WaterSource: Public
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Building Information
Year Built: 1962 Stories: 2 Construction Materials: Frame, Wood Siding Basement: None Roof: Composition Foundation Details: Slab -
Exterior Features
Yard Space, Play AreaFoundation Details: SlabPorch: Covered Deck,Uncovered Patio,Varies by Unit,Roof Deck(s) -
Laundry Features
Washer/Dryer Owned, In Each Unit, Other, Washer/Dryer HookupsPatio And Porch
Covered Deck, Uncovered Patio, Varies by Unit, Roof Deck(s)
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Lot Information
Lot Description: Private, Secluded, Cul-De-Sac, Sidewalk, Landscape Front Lot Square Feet: 21,780 Stories: 2 Main Square Feet: 3,400 Topography: Level, Lot Sloped, Trees ManyProperty Information
Property Type: ResidentialIncome Sub Type: Quadruplex Style: Contemporary SQ ft (Living Area): 3,400 Construction Materials: Frame,Wood Siding Property Age: 64 Cross Street: Bartlett Ave Source Neighborhood: 12701 Area: Placerville S: 95667 Zoning: R106 Living Area Source: Assessor Auto-Fill Structure Type: Apartments,Live/WorkFarm Info
Irrigation Source: Other
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Listing Price Information
Listing Id: 225028674 List Price: $735,000 List Price Tot SqFt: $216
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Tax Information
Parcel Number: 003-251-029-000
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Parking Information
Parking Total: 7 Carport, Covered, Street, Guest Parking Available
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Elementary School District: Placerville UnionJunior High School District: Placerville UnionSenior High School District: El Dorado Union High
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Utility Information
Cable Available, Cable Connected, Propane, City, Electric, Internet Available Electric: 220 Volts -
Location Information
Direction: Pacific Street - to Clark Street - to Bartlett Avenue - to Miles Way to address on right
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Greenhills Road, Placerville, CA, 95667 | $999,000 | -- | -- | 1,774 | 1,774 SqFt |
| Francis Avenue, Placerville, CA, 95667 | $875,000 | -- | -- | 3,000 | 3,000 SqFt |
| Sippy Lane, Placerville, CA, 95667 | $650,000 | -- | -- | 2,370 | 2,370 SqFt |
| Sippy Lane, Placerville, CA, 95667 | $650,000 | -- | -- | 2,370 | 2,370 SqFt |
| Francis Avenue, Placerville, CA, 95667 | $875,000 | -- | -- | 3,000 | 3,000 SqFt |
| Manor Drive, Placerville, CA, 95667 | $495,000 | -- | -- | 1,560 | 1,560 SqFt |
| Sippy Lane, Placerville, CA, 95667 | $665,000 | -- | -- | 2,370 | 2,370 SqFt |
| Sippy Lane, Placerville, CA, 95667 | $665,000 | -- | -- | 2,370 | 2,370 SqFt |
| Anderson Way, Placerville, CA, 95667 | $479,000 | -- | -- | 586 | 586 SqFt |
| #1 Goldner Street, Placerville, CA, 95667 | $620,000 | -- | -- | -- |
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ByOwner last updated this listing 06/20/2026 @ 07:50
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