2540 Dexter Ave N Avenue N, Seattle, WA 98109 (MLS # 2511124)

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Listing provided courtesy of Northwest MLS; eXp Realty

PRICE $1,480,000
BEDS 3
BATHS 2.5
HOME SIZE 2,700 sqft
LOT SIZE 4,500 sqft
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Rare 9,000 SF combined opportunity in the heart of South Lake Union--2538 & 2540 Dexter Ave N offered together. ZonecLR3 (Buyer to Verify), this site presents strong potential for future redevelopment, including apartments, townhomes, or aboutique 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 -2.70SF single-family home (3BD/2.25BA), well- suited for owner-occupancy, multi-generationalliving, or rental income whileplanning next steps.Elevated site captures expansive views of Lake Union, Gas Works Park, Ship Canal, Seattle skyline, and the CascadeMountainsa 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.

LAST UPDATED 4/22/2026 TRACT Lake Union
YEAR BUILT 1923 COMMUNITY Lake Union
COUNTY King STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Hay
Jr. High School Mc Clure Mid
High School Lincoln High


ADDITIONAL DETAILS
AIR Ceiling Fan(s)
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Dryer, Refrigerator, Washer
AREA 700 - Queen Anne/Magnolia
BASEMENT Daylight, Finished, Yes
FIREPLACE Yes
HEAT Electric, Forced Air, Natural Gas
INTERIOR Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace
LOT 4500 sq ft
LOT DESCRIPTION Curbs, Paved, Sidewalk, Value In Land
MLS STATUS Active
PARKING Off Street
STORIES 2
STYLE 18 - 2 Stories w/Bsmnt
SUBDIVISION Lake Union
TAXES 10511.58
UTILITIES Cable Available, Sewer Connected
VIEW Yes
VIEW DESCRIPTION Bay, City, Lake, Mountain(s), Territorial
WATER Public

SATELLITE VIEW



 
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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 4/23/26 3:20 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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