Seattle, WA 98109,7 & 15 Dravus ST #1-16
Listed by Kidder Mathews
Bought with COMPASS

$2,900,000

$2,998,000

3.3%
Est.Price: ?

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Est. payment /mo

16 Beds

16 Baths

5,760 SqFt


SOLD DATE : 06/09/2025

Key Details

Sold Price $2,900,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,760 sqft

Price per Sqft $503

Subdivision Queen Anne

MLS Listing ID 2329269

Sold Date 06/09/25

Style 56 - 10+ Units

Bedrooms 16

Year Built 1965

Annual Tax Amount $31,454

Lot Size 10,800 Sqft

Property Sub-Type Multi Family

Property Description

Located in Queen Anne, Dravus Court 2 blocks from SPU, walking distance from Fremont's core & boasts an easy commute to SLU & Downtown with their employment/entertainment offerings. Comprised of 16 fully furnished 1-bed apartments in 2 adjacent buildings, Dravus Court is currently operated as a short-term stay property primarily focused on renting to traveling nurses & corporate transferees. Units can be rented for as short a term as 1 month with flexible lease end dates. The turnkey asset offers a new owner the opportunity to continue & improve upon this profitable operation strategy, or to transition the property to traditionally leased apartments. Desirable features include 11 parking spaces, on-site laundry, & a common BBQ courtyard.

Location

State WA

County King

Area 700 - Queen Anne/Magnolia

Interior

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Fenced-Partially

View Y/N No

Roof Type Flat

Building

Lot Description Alley, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Mc Clure Mid

High Schools Lincoln High

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

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