17 W Dravus Street, Seattle, WA 98119
- $1,088,000
- 1,920
- SqFt
Listing courtesy of Windermere Real Estate/M2, LLC. Selling Office: COMPASS.
- Sold Price
- $1,088,000
- List Price
- $1,100,000
- Status
- SOLD
- MLS#
- 2523426
- Closing Date
- Jul 09, 2026
- Days on Market
- 31
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 1,920
- Area Total SqFt
- 1920
- Annual Tax Ammount
- 7630.46
- Lot Size (sq ft)
- 1,700
- Sewer
- Sewer Connected
Property Description
Beautifully maintained Craftsman home in a prime Queen Anne location, just one block from the Fremont Cut, Burke-Gilman Trail, and Seattle Pacific University. This versatile property lives like a single-family home while offering excellent income potential with a flexible two-unit layout. The home is currently configured as two separate units but can easily be converted back to a single-family residence if desired. The property has a proven rental history, with 2024 rents of $3,625/month for the upper unit and $2,245/month for the lower unit. It also offers excellent short-term rental potential for even greater upside. Currently vacant, the home provides immediate flexibility for the next owner. The covered front entry welcomes you into a spacious living and dining room with hardwood floors throughout. Kitchen, bedroom, full bath, laundry and private Trex deck round out the remainder of the main floor. The second-floor features two additional bedrooms. The fully finished basement includes two bedrooms, full bath, kitchen, living room and in-unit laundry—perfect for a separate rental or guest quarters. Property comes with a dedicated alley parking stall. Extensively updated over the years, the property includes modernized plumbing, electrical, kitchens, bathrooms, drywall, windows, roof, gutters, siding, and exterior paint. Truly move-in ready, this is a rare opportunity to own a turnkey home with exceptional rental potential in one of Seattle’s most desirable neighborhoods.
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Additional Information
- List Date
- 2026-06-08 00:00:00
- Community
- Queen Anne
- Net Operating Income
- $53,143
- Gross Adjusted Income
- $66,918
- Gross Scheduled Income
- $70,440
- Insurance Expenses
- $1,912
- Water/Sewer/Garbage Expenses
- $1,518
- Gross Rent Multiplier
- 15.62
- Total Expenses
- $13,774
- Cap Rate
- 4.83
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 17
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1905
- View
- City
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio
- Electric Expenses
- 2713
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Frantz Coe Elementary
- Middle School
- Mc Clure Mid
- High School
- Lincoln High
- Gross Scheduled Income
- $70,440
- Vacancy Rate
- 5
- Gross Adjusted Income
- $66,918
- Tax Year
- 2026
- Insurance Expense
- $1,912
- W/S/G Expenses
- $1,518
- Total Expenses
- $13,774
- Net Operating Income
- $53,143
- Gross Rent Multiplier
- 15.62
- Cap Rate
- 4.83
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.