2538 Dexter Ave N Avenue N, Seattle, 98109
MLS® #: 2511118
Active, 161 Days on Market
Listing Office: eXp Realty
2
Beds
1½
Baths
Garages
161
Dom
3,080
Square feet
0.10
Acres
1924
Built
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. Additional information available. Buyer to verify all development potential.
Features of 2538 Dexter Ave N Avenue N
| MLS® # | 2511118 |
|---|---|
| Price | $1,520,000 |
| Bedrooms | 2 |
| Bathrooms | 1.50 |
| Square Footage | 3,080 |
| Acres | 0.10 |
| Year Built | 1924 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 2538 Dexter Ave N Avenue N |
|---|---|
| Area | 700 - Queen Anne/Magnolia |
| Subdivision | Lake Union |
| City | Seattle |
| County | King |
| State | WA |
| Zip Code | 98109 |
Amenities
| Parking | Off Street |
|---|---|
| View | Bay, City, Lake, Mountains, Territorial |
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Forced Air |
| Fireplace | No |
Exterior
| Exterior Features | Cement/Concrete |
|---|---|
| Lot Description | Curbs, Paved, Sidewalk |
| Foundation | Poured Concrete |
School Information
| District | Seattle |
|---|---|
| Elementary | Hay |
| Middle | Mc Clure Mid |
| High | Lincoln High |
Additional Information
| Date Listed | April 22nd, 2026 |
|---|---|
| Days on Market | 161 |
| Cumulative Days on Market | 161 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Property Taxes | $10,364 |
Listing Details
| Office | eXp Realty |
|---|
Listing Map
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