Back

1 of 23

2 of 23

3 of 23

4 of 23

5 of 23

6 of 23

7 of 23

8 of 23

9 of 23

10 of 23

11 of 23

12 of 23

13 of 23

14 of 23

15 of 23

16 of 23

17 of 23

18 of 23

19 of 23

20 of 23

21 of 23

22 of 23

23 of 23

1 W Dravus St
Seattle, WA 98119 Queen Anne

$995,000 USD

Apartments For Sale • 2,184 SF

Property Details

Property Type Apartments
Total Building Size 2,184 SF
Lot Size 0.08 AC
Building Class C
Year Built 1953
Cap Rate 5.45 %
Zoning L3, Seattle

70 Transit Score

80 Walk Score

                
                    Highlights
                
                                Excellent Queen Anne location
                            
                                Updated and reimagined property blending modern style with classic charm
                            
                                Freshly painted exterior with stone veneer accents at each entry
                            
                                Attractive and low-maintenance mature evergreen landscaping
                            
                                New, low-pitch TPO membrane roof installed in 2024
                            
                                Current 5.5% cap rate with upside

Property Flyers

Dravus Fourplex - RPIWDD

Financial Summary (Actual)

Net Operating Income: $54,254 USD (2025)

Cap Rate:	5.45 %
Total Expenses:	$20,986 USD

Amenities

Laundry Facilities

Public Transportation

Commuter Rail	Drive	Walk	Distance
Seattle (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak)	12 min	-	5.1 mi
King Street Station (Everett - Seattle - Sound Transit, Seattle - Tacoma/Lakewood - Sound Transit)	12 min	-	5.2 mi
Airport	Drive	Walk	Distance
Seattle-Tacoma International	31 min	-	16.8 mi
Seattle Paine Field International	37 min	-	22.3 mi

Will Douglas 206-457-6775 Paragon Real Estate Advisors

1 W Dravus St Seattle, WA 98119 Queen Anne