7 & 15 Dravus Street #1-16
Seattle, WA 98109
0.25 acres | #2330975
Description
Located in Queen Anne, Dravus Court is 2 blocks from SPU, walking distance from Fremont’s core, & boasts an easy commute to SLU & Downtown with their employment/entertainment offerings. The 10,800-SF lot is zoned LR3 (M) and is offered at $278/ft. The potential likely exists to redevelop the land into townhomes or a multifamily property. Current improvements- 16 1-bed units in 2 adjacent buildings – will allow a new owner to earn cash flow while planning and permitting a new development. Property is currently operated as a short-term-stay asset with furnished units primarily focused on renting to traveling nurses & corporate transferees. A new owner can step into current operations or convert to a standard Apts operations model.
Property Details
- Utility FeaturesElectricity Connected, Natural Gas Available
- Lot DescriptionAlley, Curbs, Paved, Sidewalk
- Style42 - Multi-Family
- Date ListedFebruary 04, 2025
- Elementary SchoolBuyer To Verify
- Middle SchoolMc Clure Mid
- High SchoolLincoln High
- Structure TypeMulti Family
- Sewer InformationOn Property
- Utility SourceOn Property
- SubdivisionQueen Anne
- Original List Price$2,998,000
- Property TypePurchase
- School DistrictSeattle
- Taxes Annual$31,454
- MLS #2330975
- Cost2998000
- MLS #2330975
- Acres0.2479
- CountyKing
- Property SubtypeLand
- Days on Market (Cumulative)8
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-02-10 19:11:09. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Dan Swanson (#NWM38720)
Listing Office: Kidder Mathews (#NWM128)
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