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.
Sold
Listed by:
Christopher Larsen,
Lee & Associates Commercial RE,
Dea Sumantri,
Lee & Associates Commercial RE
Bought with: Lee & Associates Commercial RE
$1,450,000
3238 15th Avenue W, Seattle, WA 98119
--beds
--baths
4,410sqft
Multi Family
Built in 1967
-- sqft lot
$1,421,500 Zestimate®
$329/sqft
$3,767 Estimated rent
Home value
$1,421,500
$1.31M - $1.55M
$3,767/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 27, 2025 at 04:02am
Offers reviewed: Jun 24
Listed by:
Christopher Larsen,
Lee & Associates Commercial RE,
Dea Sumantri,
Lee & Associates Commercial RE
Bought with:
Dea Sumantri, 21001837
Lee & Associates Commercial RE
Source: NWMLS,MLS#: 2250173
Facts & features
Interior
Heating
- Baseboard
Cooling
- None
Features
- Flooring: Laminate, Carpet
- Has fireplace: No
Interior area
- Total structure area: 4,410
- Total interior livable area: 4,410 sqft
Property
Parking
- Total spaces: 12
- Parking features: Open
- Uncovered spaces: 12
Features
- Patio & porch: Laminate Hardwood, Wall to Wall Carpet
Lot
- Size: 5,649 sqft
- Features: Sidewalk, Fenced-Partially
Details
- Parcel number: 2770603570
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- See Remarks
- Roof: See Remarks
Condition
- Year built: 1967
- Major remodel year: 1992
Utilities & green energy
- Electric: Company: Seattle City Light
- Sewer: Sewer Connected, Company: Public
- Water: Community, Company: Water District
Community & neighborhood
Location
- Region: Seattle
- Subdivision: Queen Anne
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 188 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/27/2024 | Sold | $1,450,000-12.1%$329/sqft |
Source:  NWMLS #2250173 | ||
| 8/21/2024 | Pending sale | $1,650,000$374/sqft |
Source: NWMLS #2250173 | ||
| 6/11/2024 | Listed for sale | $1,650,000$374/sqft |
Source: NWMLS #2250173 | ||
| 1/20/2024 | Listing removed | -- |
Source: Zillow Rentals | ||
| 1/14/2024 | Listed for rent | $1,900+5.6% |
Source: Zillow Rentals | ||
Public tax history
Tax history is unavailable.
Neighborhood: North Queen Anne
Nearby schools
GreatSchools rating
- 9/10Coe Elementary SchoolGrades: K-5Distance: 0.8 mi
- 8/10Mcclure Middle SchoolGrades: 6-8Distance: 1.2 mi
- 10/10Lincoln High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Seattle Public Sch
- Middle: Mc Clure Mid
- High: Lincoln High
Source: NWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$1,421,500
2% more+ $28,430
With Zillow Showcase(estimated)
$1,449,930