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.
Active
Listed by: eXp Realty • Helena Chen
$1,480,000
2540 Dexter Ave N Avenue N, Seattle, WA 98109
3beds
2,700sqft
Single Family Residence
Built in 1923
4,499 Square Feet Lot
$1,429,100 Zestimate®
$548/sqft
$-- HOA
What's special
- 80 days |
- 293 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Helena Chen,
eXp Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2511124
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Second
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Second
Bathroom three quarter
- Level: Lower
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Rec room
- Level: Lower
Utility room
- Level: Lower
Heating
- Fireplace, Forced Air, Electric, Natural Gas
Cooling
- Forced Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Washer(s)
Features
- Bath Off Primary, Ceiling Fan(s), Dining Room
- Flooring: Hardwood, Carpet
- Windows: Dbl Pane/Storm Window
- Basement: Daylight,Finished
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace
- Has view: Yes
- View description: Bay, City, Lake, Mountain(s), Territorial
- Has water view: Yes
- Water view: Bay,Lake
Lot
- Size: 4,499 Square Feet
- Features: Curbs, Paved, Sidewalk, Value In Land, Cable TV, Fenced-Partially, Gas Available, Patio
- Topography: Sloped,Steep Slope
Details
- Parcel number: 1929300655
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 2 Stories w/Bsmnt
- Property subtype: Single Family Residence
Materials
- Cement/Concrete
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1923
- Major remodel year: 1923
Utilities & green energy
- Electric: Company: Seattle City Light
- Sewer: Sewer Connected, Company: Seattle Public Utilities
- Water: Public, Company: Seattle Public Utilities
Community & HOA
Community
- Subdivision: Lake Union
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $548/sqft
- Tax assessed value: $1,087,000
- Annual tax amount: $10,511
- Date on market: 4/22/2026
- Cumulative days on market: 81 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$1,429,100
$1.36M - $1.50M
$4,946/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Listed for sale | $1,480,000-61.6%$548/sqft |
Source: eXp Realty #2511124 Report a problem | ||
| 10/14/2024 | Listing removed | $3,990$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/22/2024 | Listed for rent | $3,990+2.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/18/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/9/2023 | Listed for rent | $3,890+31.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/1/2022 | Listing removed | -- |
Source: John L Scott Real Estate Report a problem | ||
| 6/25/2022 | Listed for sale | $3,850,000+285%$1,426/sqft |
Source: John L Scott Real Estate #1953103 Report a problem | ||
| 4/16/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/15/2021 | Listed for rent | $2,950$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/18/2016 | Listing removed | $2,950-7.8%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/14/2016 | Sold | $1,000,000+4.2%$370/sqft |
Source:  NWMLS as distributed by MLS GRID #1038470 Report a problem | ||
| 10/6/2016 | Listed for sale | $960,000+76.4%$356/sqft |
Source: Windermere Real Estate Company #1038470 Report a problem | ||
| 6/12/2015 | Listing removed | $3,200$1/sqft |
Source: South Lake Associates Report a problem | ||
| 5/19/2015 | Listed for rent | $3,200$1/sqft |
Source: South Lake Associates Report a problem | ||
| 3/14/2005 | Sold | $544,154$202/sqft |
Source: NWMLS as distributed by MLS GRID #25011514 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,499 +9.4% | $1,087,000 +1.8% |
| 2024 | $10,512 +2.8% | $1,068,000 -0.1% |
| 2023 | $10,221 +3.2% | $1,069,000 -7.6% |
| 2022 | $9,906 -2.5% | $1,157,000 +5.6% |
| 2021 | $10,160 +4.5% | $1,096,000 +10.2% |
| 2020 | $9,727 -9.1% | $995,000 -10.6% |
| 2019 | $10,704 +13% | $1,113,000 +1.6% |
| 2018 | $9,471 +0.5% | $1,095,000 +15.6% |
| 2017 | $9,424 +79.2% | $947,000 +8.1% |
| 2016 | $5,260 | $876,000 +35.8% |
| 2015 | $5,260 | $645,000 +19.9% |
| 2014 | $5,260 | $538,000 +6.5% |
| 2013 | $5,260 | $505,000 +3.9% |
| 2012 | -- | $486,000 -2.8% |
| 2011 | -- | $500,000 +6.4% |
| 2010 | -- | $470,000 |
| 2009 | -- | $470,000 +27% |
| 2007 | -- | $370,000 +7.6% |
| 2006 | -- | $344,000 |
| 2005 | -- | $344,000 +65.4% |
| 2001 | $2,486 +9% | $208,000 +14.9% |
| 2000 | $2,281 | $181,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Westlake
Nearby schools
GreatSchools rating
- 10/10Queen Anne Elementary SchoolGrades: K-5Distance: 0.4 mi
- 8/10McClure Middle SchoolGrades: 6-8Distance: 0.8 mi
- 10/10Lincoln High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Hay
- Middle: Mc Clure Mid
- High: Lincoln High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Washington
- King County
- Seattle
- 98109
- Westlake
- 2540 Dexter Ave N Avenue N
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