2538 2540 Dexter Avenue N · Seattle, WA 98109
Source: NWMLS · eXp Realty · Helena Chen #NWM2511133
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 × 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.
Location
Basics
- Property type
- Land
- Style
- Res-Less thn 1 Ac
- Lot size
- 9,000 sq ft (0.21 acres)
- County
- King
- MLS #
- NWM2511133
Interior
- Heating
- None
- Cooling
- None
Exterior & lot
- Lot features
- Curbs, Paved, Sidewalk
- Topography
- See Remarks
- View
- Bay, City, Lake, Mountains, Territorial
- Waterfront
- No
Utilities
- Water
- Available
- Sewer
- Available
- Utilities
- Electricity Connected, Natural Gas Available
Community & fees
- Subdivision
- Lake Union
Transaction
- Listed on
- Apr 22, 2026
- Days on market
- 156
- Listing terms
- See Remarks
- Possession
- See Remarks
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2026-04-22
- Active$1,520,000
- 2017-01-27
- Sold$1,150,000
- 2017-01-27
- Sold$1,150,000
- 2005-03-14
- Sold$605,846
Schools
School district: Seattle
- Elementary
- John Hay Elementary
- Middle
- Mc Clure Mid
- High
- Lincoln High SchoolSchoolDigger 5 stars · Top 3% in WA

Listing provided courtesy of: eXp Realty
Listing agent: Helena Chen.
Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-21.