2540 Dexter Ave N Avenue N, Seattle, WA 98109

Seattle
Local realty services provided by:Knipe Realty ERA Powered
Listed by: helena chen
Office: exp realty
MLS#:2511124
Source:NWMLS
2540 Dexter Ave N Avenue N,Seattle, WA 98109
$1,480,000
  • 3 Beds
  • 3 Baths
  • 2,700 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$1,480,000
  • Price per sq. ft.:$548.15

About this home

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 x 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. The elevated site captures expansive views of Lake Union, Gas Works Park, the Ship Canal, Seattle skyline, and the Cascade Mountains—a rare combination of scale, views, 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. Additional information available. Buyer to verify all development potential.

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Home facts

  • Year built:1923
  • Subdivision & Development:Lake Union
  • Listing ID #:2511124
  • Updated:August 18, 2026 at 11:16 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:1
  • Flooring:Carpet, Hardwood
  • Kitchen Description:Dishwasher, Disposal, Refrigerator
  • Bedroom Description:Lower Level Bedrooms : 1, Main Level Bedrooms : 1, Upper Level Bedrooms : 1
  • Basement:Yes
  • Basement Description:Daylight, Finished
  • Living area:2,700 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1923
  • Building area:2,700 sq. ft.
  • Lot area:0.1 Acres
  • Lot Features:Curbed Lot, Paved, Sidewalk, Value In Land
  • Construction Materials:Cement/Concrete Exterior Finish
  • Exterior Features:Fenced-Partially, Patio
  • Foundation Description:Daylight, Finished
  • Levels:2 Story

Schools

  • High school:Lincoln High
  • Middle school:Mc Clure Mid
  • Elementary school:Hay

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,480,000
  • Price per sq. ft.:$548.15
  • Tax amount:$10,512 (2025)

Features and amenities

  • Appliances:Dishwasher, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Cable TV, Ceiling Fan(s), Gas Available

Parking

  • Parking description:Off Street Parking
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