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Listing Firm: Lee & Associates Commercial RE: Christopher Larsen

Bought With: Lee & Associates Commercial RE : Dea Sumantri

SOLD On December 27, 2024
NWMLS # 2250173

$1,450,000

  • Sold Price
  • - Beds
  • - Baths
  • 4410 Sq.ft.

3238 15th Avenue W, Seattle, WA 98119

Listings with the three tree icon are courtesy of NWMLS

About This Property

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.

Buyer's Agent: Dea Sumantri • Lee & Associates Commercial RE

Listed by: Christopher Larsen • Lee & Associates Commercial RE

Aris360 Last Checked: 1 Minute Ago (Jun 07, 2025 04:03 PM)

  • Source: NWMLS as Distributed by MLS Grid #2250173

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 15th
  • Zip/Postal Code: 98119
  • City: Seattle

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$3,847 per month
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Property Features

  • County
    • Queen Anne
  • Community
    • 700 - Queen Anne/Magnolia
  • MLS Area
    • 700 - Queen Anne/Magnolia
  • Longitude
    • -122.375807
  • Latitude
    • 47.649636
  • Directions
    • From W Dravus St, head north on 15th Ave West

  • Interior
    • Laminate Hardwood
    • Wall to Wall Carpet
  • Floors
    • Laminate
    • Carpet
  • Power Production Type
    • Electric

  • Stories
    • 3
  • Style
    • 55 - 5-9 Units
  • Parking Spaces
    • 12
  • Lot Description
    • Sidewalk,
  • Elevation
    • Feet
  • Water Source
    • Community,
  • Exterior
    • See Remarks
  • Site Description
    • Fenced-Partially
  • Roof
    • See Remarks,
  • Septic or Sewer
    • Sewer Connected,
  • Water
    • Water District
  • Building Total Area (Sq. Ft.)
    • 5650

  • High School District
    • Seattle
  • Jr. High School
    • Mc Clure Mid
  • Elementary School
    • Seattle Public Sch
  • High School
    • Lincoln High

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2024
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $17092
  • Year Built
    • 1967
  • Effective Year Built
    • 1992
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Sat Jun 07 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Jun 07, 2025 04:03 PM