All homes

$995,000

1 Dravus Street

Seattle, WA 98109

Active

Beds

Baths

Sq Ft

Lot

0.03 ac

Year built

1953

Type

Residential Income

Days listed

1

MLS #

2582564

About this home

The Dravus Fourplex consists of four thoughtfully configured units, including two studios, a 2BD/1BTH unit, and a 1BD/1BTH unit with a den. Each unit features in-unit W/D, vinyl plank flooring, and updated appliances. Select units have received more extensive renovations, including gray shaker cabinetry, quartz-style countertops, modern fixtures, and other contemporary finishes, while the remaining units have been updated over time as needed and maintained in good condition. The property is exceptionally well located, with Fremont just a five-minute walk across the Fremont Bridge, providing immediate access to the neighborhood’s restaurants, bars, retail, and entertainment. Opportunities to acquire a renovated and well-positioned fourplex in Queen Anne are increasingly rare. With the building’s major systems addressed, a new roof, renovated interiors, and strong proximity to Fremont and Queen Anne, the Dravus Fourplex offers an attractive combination of current income and future upside. Unit 3 has recently become vacant, creating an excellent owner-user opportunity for a buyer looking to occupy one unit while benefiting from rental income from the remaining three. The property is already operating well, while additional upside exists through the potential to implement utility bill-backs, providing a clear path to further increase income and improve overall operating performance.

Exterior features

BrickWood Products

Property details

Heating
Baseboard
Cooling
None
Flooring
Laminate, Vinyl
Sewer
Sewer Connected

Costs

Annual taxes
$9,494 (2026)

Estimate your monthly payment

$5,822/mo

Principal & interest
$5,031
Property taxes
$791
Loan amount $796,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Seattle, WA 98109

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Paragon Real Estate Advisors— Will Douglas.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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