WA > Seattle > Queen Anne
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. payment /mo
10,800 Sqft Lot
Sold on 06/09/2025

7 & 15 Dravus ST #1-16 Seattle, WA 98109

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DJ Gee
DJ Gee

+1(253) 363-0413

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Key Details

Sold Price $2,900,000

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

Subdivision Queen Anne

MLS Listing ID 2330975

Style 42 - Multi-Family

Annual Tax Amount $31,454

Lot Size 10,800 Sqft

Property Sub-Type Land

Property 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.

Location

State WA

County King

Area 700 - Queen Anne/Magnolia

Exterior

Utilities Available Electricity Connected, Natural Gas Available

View Y/N No

Building

Lot Description Alley, Curbs, Paved, Sidewalk

Sewer On Property

Water On Property

Schools

Elementary Schools Buyer To Verify

Middle Schools Mc Clure Mid

High Schools Lincoln High

School District Seattle

Others

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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DJ Gee

+1(253) 363-0413

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7 & 15 Dravus ST #1-16

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