$1,520,000
Est. $7,662/mo2 bd•3,080 sq ft
2538 Dexter Ave N Avenue N, Seattle, WA 98109
• Listed 2026-04-22•55 days on market
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Rare 9,000 SF combined opportunity in the heart of South Lake Union—2538 & 2540 Dexter Ave N offered together. Zoned LR3 (Buyer to Verify), this site presents strong potential for future redevelopment, including apartments, townhomes, or a boutique multi-unit project.At the same time, both properties are livable today with flexible use—2538 is a duplex (2 × 1BD/1BA) and 2540 is a ~2,700 SF single-family home (3BD/2.25BA), well-suited for owner-occupancy, multi-generational living, or rental income while planning next steps.Elevated site captures expansive views of Lake Union, Gas Works Park, Ship Canal, Seattle skyline, and the Cascade Mountains—a rare combination of scale, view, and location.Minutes to South Lake Union, Fremont, and Downtown, with transit, bike routes, and daily amenities nearby.A unique in-city asset offering immediate usability with long-term upside. Geotech and additional information available. Buyer to verify all development potential.
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2538 Dexter Ave N Avenue N, Seattle, WA 98109
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of April 26, 2026 at 04:27pm (date and time MLS GRID Data was obtained). 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 courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Listed by Helena Chen • eXp Realty
Listing updated: April 26, 2026 at 04:27pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2511118
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Open Sun, Jun 21Seattle School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 6 days.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
