7 & 15 Dravus Street #1-16 Seattle WA 98109 MLS #NWM2330975

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
Price:
$2,998,000
MLS #:
NWM2330975
Status:
Closed (Jun 9, 2025)
Beds:
0
Baths:
0
Address:
7 & 15 Dravus Street #1-16
Type:
Land
Subdivision:
Queen Anne
Neighborhood:
700 – Queen Anne/Magnolia
City:
Seattle
Listed Date:
Feb 4, 2025
State:
WA
ZIP:
98109
Lot Size:
10,800 sqft / 0.25 acres (approx)
Schools
School District:
Seattle
Elementary School:
Buyer To Verify
Middle School:
Mc Clure Mid
High School:
Lincoln High
Interior
Exterior
Financial
Tax Year
2024
Taxes
$31,454
Map
Contact Us
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7 & 15 Dravus Street #1-16
Seattle, WA
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