Provided by NWMLS, Listed by Kidder Mathews

Pending

Pending Feasibility

7 & 15 Dravus Street #1-16

Seattle WA, 98109

$2,998,000


$277.59 per sqft

Pending

Pending Feasibility

0.25 Acres

Land

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.

2330975

MLS ID

February 4, 2025

Listed

February 21, 2025

Updated

Exterior/Building Features

Lot Size

0.25 Acres


Lot Features

Alley, Curbs, Paved, Sidewalk


Sewer

On Property

School Information

School District

Seattle


High School

Lincoln High


Elementary School

Buyer To Verify

Other Property Details

Area Name

700 - Queen Anne/Magnolia


Taxes

$31,454


Tax Frequency

Annually


Garage

No


View

No


County

King


Water Source

On Property


Pool

No


Utilities

Electricity Connected, Natural Gas Available

Listing History

Date

Event

Price

2/21/2025

Pending

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 2/22/2025. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 2/22/2025 at 6:00 PM UTC . 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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Data last updated on 2/22/2025 at 6:00 PM UTC 

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