Listed by Paragon Real Estate Advisors
$3,650,000

7919 Wallingford Ave N Seattle, WA 98103

Green Lake Neighborhood

Estimated payment $22,519/month

16 Beds
12 Baths
8,800 Sq Ft
$415 Price per Sq Ft

Highlights

  • No HOA
  • Daniel Bagley Elementary School Rated A-
  • Baseboard Heating

About This Home

The Abbey Apartments is 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.

Listing Agent

Will Douglas

Paragon Real Estate Advisors License #23011013 Listed on: 09/02/2025

Co-Listing Agent

Ryan Iles

Paragon Real Estate Advisors License #108410

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2428070

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,420

Year Built

  • Built in 1969

Home Design

  • Flat Roof Shape
  • Metal Construction or Metal Frame
  • Vinyl Construction Material

Interior Spaces

  • 8,800 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 12 Bathrooms

Parking

  • 14 Parking Spaces
  • Open Parking

Additional Features

  • 8,318 Sq Ft Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Green Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2886200295

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,420

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1969
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 8800
  • Special Features: None
  • Cumulative Days on Market: 4

Interior Features

  • Total Bedrooms: 16
  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Construction Type: Metal/Vinyl
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 6
  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 14
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 18529

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2886200295
  • Lot Size Acres: 0.191
  • Lot Size Sq Ft: 8318
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15.88
  • LeasedItems: None
  • TotalMonthlyIncome: 19152

Multi Family

  • Gross Scheduled Income: 229823
  • Net Operating Income: 136143
  • Number Of Units Total: 12
  • Insurance Expense: 5615
  • Leasable Area: 8800
  • EnergySource: Electric
  • UnitsInBuildingTotal: 11
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2025
  • Tax Annual Amount: 33420

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 For Sale $3,650,000 -- $415 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2428070

Northwest Multiple Listing Service (NWMLS)
Washington King County Seattle 98103 Green Lake

7919 Wallingford Ave N, Seattle, WA

This home is located at 7919 Wallingford Ave N, Seattle, WA 98103 and is currently priced at $3,650,000, approximately $414 per square foot. This property was built in 1969. 7919 Wallingford Ave N is a home located in King County with nearby schools including Daniel Bagley Elementary School, Robert Eagle Staff Middle School, and Ingraham High School.

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Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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Will Douglas
Listing Agent
Will Douglas
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Paragon Real Estate Advisors
(206) 823-0271