Prepared by https://www.commercialmls.com
7919 Wallingford Ave N Seattle WA 98103
Listing #: 701986 | Status: Pending | Last Modified: 4/30/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 243,690 |
| Vacancy Factor % | 2.00% |
| Operating Expenses | 97,668 |
| Net Operating Income | 141,148 |
| CAP Rate | 4.49 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 4.493 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 3 |
| # of Units | 11 |
| Total Building SF | 8,800 SF |
| Net Rentable Area | 8,800 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 8,318 SF |
| Acres | 0.19 |
| Year Built | 1969 |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Location | |
|---|---|
| County | King |
| Market Area | Greenlake |
| Tax ID # | 2886200295 |
| Zoning | LR3 (M) |
| Parking Information | |
|---|---|
| #Covered Spaces | 6 |
| # Uncovered Spaces | 8 |
| Total Parking Spots | 14 |
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


































