Listing provided courtesy of eXp RealtyNWMLSas Distributed by MLSGrid- MLS# NWM2511118MLS Provider

2538 Dexter Ave N Avenue NSeattle, WA 98109

Single Family · 2 Beds · 2 Three Quarter Baths · 3,080 Sq. ft. | 0.10 Acres
$1,520,000 Active

2538 Dexter Ave N Avenue N Overview

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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.

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2538 Dexter Ave N Avenue N Facts & Features

  • Type Single Family
  • Sq. ft. 3,080
  • Price/Sq.ft. $494
  • Lot 0.10 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

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

Building Information

  • New Construction: No
  • Year Built: 1924

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 700 - Queen Anne/Magnolia
  • Subdivision Name: Lake Union

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: $10,364.48
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 1929300660
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Building Information

  • Building Information: Attached/Zero Lot Line

Beds/Baths

  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Bedrooms Lower: 0
  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 3080
  • Building Area Units: Square Feet
  • Calculated Square Footage: 3080
  • Square Footage Finished: 3080
  • Square Footage Unfinished: 0

General Information

  • Basement: None
  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Hardwood, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Levels: One
  • Living Area: 3080
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Power Production Type: Electric,Natural Gas
  • Security Features: Partially Fenced

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: Off Street
  • Parking Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Curbs, Paved, Sidewalk
  • Lot Size Acres: 0.1033
  • Lot Size Square Feet: 4500
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Fenced-Partially, Gas Available, Patio
  • Topography: Sloped, Steep Slope
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Direction Faces: West
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Cement/Concrete
  • Sewer: Sewer Connected

Room Information

Room: Bathroom Three Quarter

  • Level: Main

Room: Bathroom Three Quarter

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

2538 Dexter Ave N Avenue N Neighborhood

Community

98109 (Seattle) Demographics

31
Median Age
12,812
Population Density (per sq. mile)
80%
College Educated
$107,330
Estimated Median Income
4,107
Estimated Total Home Owners
14,510
Estimated Total Renters
22% / 78%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2538 Dexter Ave N Avenue N Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2538 Dexter Ave N Avenue N Market Data

Based on the last 30 days in this zip code

$1,037,656
Average List Price
$711
Average Price per Square Foot
31
Properties Sold
72
Average Days on Market
159
Properties for Sale
Calculations provided by Reliance Network

2538 Dexter Ave N Avenue N History

Date Event Value Agent
4/22/2026Source: NWMLS Added to Database
April 22, 2026