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Listed by: Christopher Larsen, Lee & Associates Commercial RE, 206-624-2424, Listing Courtesy of NWMLS
$1,950,000
●
Multifamily -
Off Market
7 W Dravus Street
Seattle, WA 98119
Studio
0 Bath
$10,538
Est. Monthly
-0.04%
Cap Rate
About This Property
The property features two separate buildings, including a 4-plex
with spacious units and a single-family residence, located on the
same parcel. Consisting of two 2-bedrooms, two 3-bedrooms, and a
3-bedroom single-family home. The 4-plex boasts an average unit
size of nearly 950 SF, while the SFR is 1,710 SF of usable living
space. Centrally-located and well-maintained throughout
ownership, the property presents the perfect opportunity to
embellish upon the attractive vintage of the residence with
tasteful updates supporting stronger rents, increasing financial
returns of the investment over time, and the complement of more up
to date and spacious units that will generate immediate income.
Unit Size
-
Days on Market
228 days
Land Size
0.11 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,454
HOA Dues
-
Year Built
1999
Last updated: 16 days ago (NWMLS #NWM2177625)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 18, 2024 | Sold | $1,950,000 | |
| Sold | |||
| Feb 27, 2024 | In contract | - | |
| In contract | |||
| Feb 7, 2024 | Price Decreased |
$1,850,000
↓ $245K
(11.7%)
|
|
| Price Decreased | |||
| Nov 3, 2023 | Listed by Lee & Associates Commercial RE | $2,095,000 | |
| Listed by Lee & Associates Commercial RE | |||
| Jul 16, 2004 | Sold to Glenn G Young, Peggy R Young | $810,715 | |
| Sold to Glenn G Young, Peggy R Young | |||
Show More
Property Highlights
Parking Details
Total Number of Parking: 7
Interior Details
Interior Features: Wall to Wall Carpet
Flooring Type: Engineered Hardwood, Vinyl Plank, Carpet
Exterior Details
Style Code: 55 - 5-9 Units
Property Type: Residential Income
Property Sub Type: Multi-Family
Year Built: 1999
Year Built Effective: 1999
Energy Source: Electric, Natural Gas
Structure Type: Multi Family
Building Area Total: 5486
Building Area Units: Square Feet
Site Features: Fenced-Partially, High Speed Internet
Roof: Built-Up
Exterior Features: See Remarks
Zoning Jurisdiction: City
Lot Size Acres: 0.1102
Lot Size Square Feet: 4800
Elevation Units: Feet
Water Source: Public
Financial Details
Tax Year: 2023
Tax Annual Amount: $17,444
Utilities Details
Water Source: Public
Water Company: Public
Power Company: Buyer to Verify
Sewer Company: Public
Cooling: Yes
Heating: Yes
Sewer : Sewer Connected
Location Details
Directions: Turn right onto West Dravus St.
Other Details
On Market Date: 2023-11-03
7 W Dravus Street
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Commercial
Loft
-
-
$1,900,000
Apr 26, 2024
$1,900,000
Apr 26, 2024
$727/mo
Sold
House
3
Beds
3
Baths
-
$1,921,500
Apr 24, 2024
$1,921,500
May 30, 2024
$1,297/mo
House
5
Beds
3
Baths
-
$1,685,000
Apr 12, 2024
$1,685,000
May 15, 2024
$1,081/mo
House
4
Beds
3
Baths
-
$1,710,000
May 16, 2024
$1,710,000
Jun 12, 2024
$1,042/mo
House
4
Beds
3
Baths
-
$1,650,000
May 19, 2023
$1,650,000
Jun 22, 2023
$963/mo
House
5
Beds
4
Baths
-
$2,075,000
Nov 3, 2023
$2,075,000
Feb 5, 2024
$832/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
7 West Dravus Street
7 West Dravus Street, Seattle, WA 98119
- 1 Unit for Sale
About Magnolia - Queen Anne
Similar Homes for Sale
Nearby Rentals
$1,450 /mo
- Studio
- 1 Bath
- 456 ft²
$1,250 /mo
- Studio
- 1 Bath
- 272 ft²
Listed by: Christopher Larsen
Listed Office: Lee & Associates Commercial RE - Listing courtesy of NWMLS
Phone: 206-624-2424
Last Updated: 2024-06-20 18:34:07
Data Source: NWMLS, MLS# NWM2177625
Details provided by NWMLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Lee & Associates Commercial RE - Listing courtesy of NWMLS
Phone: 206-624-2424
Last Updated: 2024-06-20 18:34:07
Data Source: NWMLS, MLS# NWM2177625
Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by RH Advisors, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
