
Seattle, WA 98119
This Turnkey Craftsman represents a High-Potential Investment Opportunity, listed at $1,100,000—positioned above the $1,048,232 Fair Market Value. Despite the premium, the property offers a proven rental history of over $5,800/month, providing immediate cash flow potential. Featuring a Condition Rating of 3, the home includes modernized systems and a flexible two-unit layout. Its prime Queen Anne location near the Burke-Gilman Trail ensures long-term demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage house-hacking to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17 W Dravus Street Subject | $1,100,000* List Price | 5 | 2 | 1,920 | $546 | - |
A 2200 11th Avenue W A Pending | $1,099,999 List Price | 3 | 4 | 2,100 | $524 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1905, the property has undergone extensive modernization of all major systems including plumbing, electrical, roof, and windows. The kitchens and bathrooms are updated and functional, and the interior features well-maintained hardwood floors. It is a turnkey, move-in ready home that fits the 5-15 year renovation profile.
The property features a flexible two-unit layout with a proven rental history of over $5,800 per month, offering an exceptional opportunity for house-hacking or a high-yield investment.
Situated in the desirable Queen Anne neighborhood, the home is steps away from the Fremont Cut, Burke-Gilman Trail, and Seattle Pacific University, ensuring high tenant demand and long-term appreciation.
Extensively updated with modernized plumbing, electrical, roof, and windows, this 1905 Craftsman provides the charm of a historic home with the reliability of a move-in ready property.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1700, living area = 1920.
With a lot size of only 1,700 square feet, the property offers very little private yard space, which may be a drawback for buyers seeking traditional garden or play areas.
The property includes only one dedicated alley parking stall, which is likely insufficient for a five-bedroom home configured for multiple occupants or two separate rental units.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1905 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 13, 2026
$1,100,000
Initial Listing