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Listed by Ben Douglas • Paragon Real Estate Advisors.
FOR SALE

$2,000,000

Est. $11,078/mo

1722 Dexter Avenue N, Seattle, WA 98109

• Listed Sep 17, 2026•34 days active · 34 cumulative

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★★★★★5.0·1,244 Google reviews

Listing Broker: Paragon Real Estate Advisors; Ben Douglas; 206-658-7247; ben@paragonrea.com

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Listing Broker: Paragon Real Estate Advisors; Ben Douglas; 206-658-7247; ben@paragonrea.com

About this home

Westlake Development Site: two contiguous parcels at 1722 and 1726 Dexter Ave N, offered together. Each lot is 4,800 SF, for a combined 9,600 SF site zoned LR3(M). LR3(M) zoning and a floor area ratio of 1.8 support approximately 17,280 gross SF of development. Nearby lowrise sites of similar size and zoning have been developed as townhouse projects. Each lot is improved with a 1918 wood frame single family house (2 bed, 1 bath), both rented month to month, producing $4,600 per month in combined scheduled rent. Tenants pay their own utilities. Month to month tenancies let a buyer control the timing of delivery. Off-street driveway parking and in-unit laundry. The site sits on the east facing slope above Lake Union, giving upper floors of a new building water and territorial views, with Lake Union Park and the Westlake waterfront directly below. Dexter Ave N carries a protected bike lane and frequent bus service to downtown, South Lake Union and Fremont. Seller is open to developer terms, including an extended feasibility period and a closing timed to permitting. The adjacent parcels at 1730 and 1732-1734 Dexter Ave N are under the same ownership and marketed separately. Seller has not permitted or entitled the site; buyer to verify density, floor area, height, setbacks and any environmentally critical area designation with SDCI.

Property type
Townhouse
Year built
Not listed
Interior
Not listed
Lot size
0.2204 acres
Parking
None
Price / sq ft
Not listed
Property taxes$15,040.76/yr (est.)
School districtSeattle

Listed by Ben Douglas • Paragon Real Estate Advisors

Listing updated: September 17, 2026 at 11:45am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2583599

Around this home

RexMont OfferEdge™

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1722 Dexter Avenue N, Seattle, WA 98109

List price
$2,000,000
Down payment
$400,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

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.

Property details

Layout

  • Multi-Family

Schools

Ratings via SchoolDigger

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Vacant land facts

As entered by the listing broker on Northwest MLS

Lot

Acres
0.22 acres
Lot square feet
9,600 sq ft
Lot dimensions
120
Topography
Sloped
Lot details
Sidewalk

Zoning & use

Zoning code
LR3(M)
Zoning description
Multi-Family
Zoning jurisdiction
City
Possible use
Multi-Family

Utilities

Utilities
Electricity Available
Electricity
Available
Gas
Not Available
Water
Available
Water jurisdiction
Seattle Public Utilities
Sewer
Available

Road & access

Road surface
Paved
Road information
Paved
Road on which side
West

Surveys & reports

Sketch submitted
No

Water & irrigation

Waterfront
No
Waterfront footage
80 ft
Irrigation water rights
No

Taxes & assessment

Annual taxes
$15,041
Tax year
2026
Financing
Cash, Conventional
Seller disclosure
Not Provided
Preliminary title ordered
Yes

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

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The members' report

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Sales & Tax Records for 1722 Dexter Avenue N

NWMLS via MLS Grid · King County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Sep 17, 2026
    Listed
    NWMLS via MLS Grid · #2584294
    $1,000,000
  2. Sep 17, 2026
    Listed
    NWMLS via MLS Grid · #2583599
    $2,000,000

Mortgage payment forecast

$12,831 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Paragon Real Estate Advisors; Ben Douglas; 206-658-7247; ben@paragonrea.com

Market pulse

Seattle is a buyer's market.

Inventory is rising and homes are sitting longer. Buyers have room to negotiate.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells for about 2% below list price.

  • Time on market: The average home goes pending in around 63 days.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 21, 2026 at 6:17 AM PT (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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