LISTING DETAILS

Abbey Apartments

7919 Wallingford Ave N Seattle WA 98103

Listing #: 701986 | Status: Pending | Last Modified: 4/30/2026

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income243,690
Vacancy Factor %2.00%
Operating Expenses97,668
Net Operating Income141,148
CAP Rate4.49 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Financial Summary
CAP Rate4.493
Building Information
Building StatusExisting
# of Buildings1
# of Floors3
# of Units11
Total Building SF8,800 SF
Net Rentable Area8,800 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF8,318 SF
Acres0.19
Year Built1969
Property Type
Property TypeMulti-Family
Location
CountyKing
Market AreaGreenlake
Tax ID #2886200295
ZoningLR3 (M)
Parking Information
#Covered Spaces6
# Uncovered Spaces8
Total Parking Spots14

Abbey Apartments

Public Comments

We are pleased to announce for sale the Abbey Apartments; an 11-unit, value-add building in a remarkable Green Lake location. Located just a parcel away from the north shore of Green Lake, the property has been owned and cared for by the same family that had it built and offers an investor the rare opportunity to acquire a high-quality asset with immediate income upside and value-add opportunity. The property features 7 - one-bedroom/one-bath units, 3 - two-bedroom/one bath units, and a spacious (1,400 SqFt) three-bedroom/two-bath penthouse. With an average unit size of 800 SqFt, residents enjoy generous living space in each home and units appeal to a wide range of renters. There is common laundry on-site with one of the two-bedroom units having its own in-unit washer and dryer, proving

Abbey Apartments
7919 Wallingford Ave N Seattle WA 98103

Listing #: 701986 | Status: Pending | Listing Date: 9/2/2025 | Last Modified: 4/30/2026 | Email Listing

For Sale

Abbey Apartments

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