2538 Dexter Ave N Avenue N Seattle WA 98109 MLS #NWM2511118

2538 Dexter Ave N Avenue N
Seattle, WA, 98109
$1,520,000
2 Beds
2 Baths
3,080 SqFt
0.1 Acres
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MLS #NWM2511118 image #0
Listing Provided Courtesy of eXp Realty
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.

Property Details

Price:
$1,520,000
MLS #:
NWM2511118
Status:
Active
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Lake Union
Neighborhood:
700queenannemagnolia
Listed Date:
Apr 22, 2026
Finished Sq Ft:
3,080
Total Sq Ft:
3,080
Lot Size:
4,500 sqft / 0.10 acres (approx)
Year Built:
1924
700 – Queen Anne/magnolia700queenannemagnoliaLake UnionSeattleHayMc Clure MidLincoln High

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Schools

School District:
Seattle
Elementary School:
Hay
Middle School:
Mc Clure Mid
High School:
Lincoln High

Interior

Bathrooms
2 Three Quarter Bathrooms
Cooling
Forced Air
Flooring
Hardwood, Carpet
Heating
Forced Air
Levels
One
Main Level Bathrooms
2
Main Level Bedrooms
2

Exterior

Construction Materials
Cement
Direction Faces
West
Exterior Features
Cement/Concrete
Lot Features
Curbs, Paved, Sidewalk
Parking Features
Off Street
Roof
Composition
Security Features
Partially Fenced
View
Bay, City, Lake, Mountains, Territorial

Financial

Tax Year
2025
Taxes
$10,364

Map

Community

Subdivisions in Seattle

Market Summary

Current real estate data for Single Family in Seattle as of Apr 24, 2026
1,953
Single Family Listed
52
Avg DOM
619
Avg $ / SqFt
$1,228,430
Avg List Price

Property Summary

    Located in the Lake Union subdivision, 2538 Dexter Ave N Avenue N Seattle WA is a Single Family for sale in Seattle, WA, 98109. It is listed for $1,520,000 and features 2 beds, 2 baths, and has approximately 3,080 square feet of living space, and was originally constructed in 1924. The current price per square foot is $494. The average price per square foot for Single Family listings in Seattle is $619. The average listing price for Single Family in Seattle is $1,228,430. To schedule a showing of MLS#nwm2511118 at 2538 Dexter Ave N Avenue N in Seattle, WA, contact your Best in the West agent at 206-351-5550.

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