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    7919 Wallingford Ave N Seattle Seattle, WA 98103

    For Sale
    $3,650,000

    Eleven-unit apartment building near Green Lake with value-add potential.

    Property Features for 7919 Wallingford Ave N Seattle

    General Information

    Standard status
    Active

    Building Details

    Year built
    1969

    Source: PARAGON REAL ESTATE ADVISORS Agent RYAN ILES

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Green Lake Apartments Value-Add Opportunity

    The Abbey Apartments, an eleven-unit building, is available for sale in the Green Lake area. Situated near the north shore of Green Lake, this property features a mix of unit types, including seven one-bedroom/one-bath units, three two-bedroom/one-bath units, and a 1,400-square-foot three-bedroom/two-bath penthouse. The average unit size is 800 square feet. On-site common laundry is available, and one of the two-bedroom units includes its own in-unit washer and dryer. This property offers an investor the opportunity to acquire a high-quality asset with immediate income upside and value-add opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dirt Cheap, Inc. Plumber EcoTech Landscaper

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3370943
    Latitude
    47.6862079

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    FAQs

    What type of property is this?
    Apartment building - Eleven-unit apartment building near Green Lake with value-add potential.
    Where is this apartment building located?
    The property is located at 7919 Wallingford Ave N Seattle Seattle, WA.
    What is the asking price?
    The asking price for this property is $3,650,000.
    What are key features of this property?
    This property features: - Prime Green Lake location, just a parcel away from the north shore.; - Value-add opportunity with immediate income upside.; - High-quality asset owned and cared for by the same family since construction.
    Request Owner's contact information
    7919 Wallingford Ave N Seattle Seattle, WA 98103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7919 Wallingford Ave N Seattle Seattle, WA 98103
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