$1,480,000
Est. $7,429/mo3 bd•1 ba•2,700 sq ft
2540 Dexter Ave N Avenue N, Seattle, WA 98109
• Listed 2026-04-22•43 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. ZonecLR3 (Buyer to Verify), this site presents strong potential for future redevelopment, including apartments, townhomes, or aboutique multi-unit project.At the same time, both properties are livable today with flexible use-2538 is a duplex (2 x 1BD/1BA) and 2540 is a -2.70SF single-family home (3BD/2.25BA), well- suited for owner-occupancy, multi-generationalliving, or rental income whileplanning next steps.Elevated site captures expansive views of Lake Union, Gas Works Park, Ship Canal, Seattle skyline, and the CascadeMountainsa 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.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (8)
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Open Thu, Jul 9 +4$1,742,000
+$262,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.25M and $1.5M.
Rental earnings
$5,225/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$1,335,000Last sold price
511 Howe #a, Seattle, WA 98109
$1,470,000Last sold price
515 Howe Street #d, Seattle, WA 98109
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
2540 Dexter Ave N Avenue N, Seattle, WA 98109
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
$8,675 per month
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 26, 2026 at 08:28am (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Helena Chen • eXp Realty
Listing updated: May 26, 2026 at 08:28am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2511124
Open Thu, Jul 9
Open Fri, Jul 10 +3Seattle 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: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 14 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
