DravusApartments, a six-unit apartment building in West Queen Anne. Centrally positioned between Ballard, Fremont, South Lake Union and Downtown Seattle. The property features an attractive unit mix consisting of two 1-bedroom, four 2-bedrooms, and featuring a spacious average of 735sf. The building also boasts personal deck space, and an abundance of parking with 11 total spots both above and below the building. By updating the units and modernizing the systems and amenities, investors are poised to realize a near 39% potential rental upside. DravusApartments makes an excellent investment for investors who are looking to secure a prime location and maximize their returns through a strategic value-add play.
Last Agent to Sell the Property
Lee & Associates Commercial RE License #21016669 Listed on: 06/10/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2250173
Home Type
Est. Annual Taxes
Year Built
Lot Details
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Parking
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Listing and Financial Details
$1,150,000
Discover the perfect blend of charm, location, and investment potential with this unique Dravus/Interbay Duplex, built in 1935. Situated on a 4,569 sq. ft. lot in the heart of Seattle’s Interbay neighborhood, this property offers access to some of the city's most desirable areas and the anticipated future Interbay Light Rail Station further enhances its appeal, providing effortless access to
Alan Wileman Pacific Crest
$1,250,000
Rare opportunity to acquire a stablized asset in Seattle's Queen Anne submarket with proven income stream. This property consists of 2 residential units, both 1 bed/1 bath and approximately 545 Square Feet. There is a long term Commercial/Office tenant occupying the basement & garage area with solid income of $5,000 per month. Commercial tenant has long term lease in place (2 years) but could
Pat Suarez Urban Commercial Partners, LLC
$1,345,000
This fourplex, built in 1956 has all 1 BR 1BA units averaging 566SF. Currently 100% vacant, there is an the opportunity to immediately lease-up at market rents or renovate the units to achieve even higher income potential. The property has received system updates including roof (2008), vinyl windows, and copper/PEX plumbing. A large common area with laundry and storage, connected to the garage,
Daniel Lim Lee & Associates Commercial RE
$1,300,000
Sharp 4-plex in excellent neighborhood. Corner lot with nice views of the Canal. Coin op laundry on site. 2 off street parking spaces. Large deck. Close to shops and restaurants.
Lisa Dankers L. Dankers Real Estate Group
$1,325,000
Quality built 1965 duplex in an excellent top of QA location close to all area amenities including shopping, restaurants, QA Pool, and QA Community Center. Both units have 2 bedrooms, 1 full bath, good sized living room with eating space and hardwood floors throughout. There are 2 off street parking spaces off the alley and a small fenced yard.
Paul Simpson Windermere Real Estate Co.
$1,237,500
Coveted Fremont address with exceptional upside. This vintage 1909 duplex has enduring character and compelling development potential—enhance the existing footprint, reimagine the lower level as a 3rd residence, or unlock premier redevelopment value. With new laws paving the way for expanded density and being within 1/4 mile of a major transit stop, the rear yard invites additional dwellings. A
Sam Bryan Coldwell Banker Danforth
$1,185,000
Prime Ballard development opportunity! Rarely available 4,750 square foot level lot (50' x 95') in the heart of Ballard, zoned LR2 (M) and currently home to a side-by-side duplex with alley access. First time on the market in 60 years, this property presents a range of possibilities in a very desirable location. Surrounded by vibrant neighborhood amenities, including shopping, restaurants, parks,
Michael Mallagh Windermere West Metro
$1,325,000
Live-in investment opportunity in prime East Queen Anne/Westlake! Well-maintained triplex with two 2BD/1.75BA units and one ground-floor studio with .75BA. Ideal for owner-occupant—live in one and rent the others. Great location near South Lake Union, Fremont, Lake Union, parks, restaurants, and shops. Easy access to Hwy 99, I-5 & Bike Path to commute In-City. Each 2BD unit includes a garage
Sarah Quinones Home Realty
$1,329,000
This charming Queen Anne duplex is filled with natural light and thoughtful updates throughout. The upper unit offers 3 bedrooms and 2 bathrooms, featuring a bright and welcoming living space with hardwood floors and a private deck perfect for summer evenings. The lower unit is a fully separate 1 bed, 1 bath apartment with its own entrance—ideal for rental income, guests, or additional space.
Nicole Donnelly Martin Vashon Isl. Sotheby's Int'l RE
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | Price Changed | $1,800 | -26.5% | $3 / Sq Ft |
| 06/12/2025 06/12/25 | Price Changed | $2,450 | +28.9% | $5 / Sq Ft |
| 05/01/2025 05/01/25 | For Rent | $1,900 | 0.0% | -- |
| 12/27/2024 12/27/24 | Sold | $1,450,000 | -12.1% | $329 / Sq Ft |
| 08/19/2024 08/19/24 | Pending | -- | -- | -- |
| 06/10/2024 06/10/24 | For Sale | $1,650,000 | -- | $374 / Sq Ft |
Seller's Agent in 2024
Chris Larsen
Lee & Associates Commercial RE
(925) 719-3480
2 in this area
15 Total Sales
Seller Co-Listing Agent in 2024
Dea Sumantri
Lee & Associates Commercial RE
(206) 624-2424
3 in this area
22 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2250173
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