David Devine

2538 Dexter Ave N Avenue N

Seattle, WA
$ 1,520,000 Beds 2 Baths 2 Sq 3,080
Monthly Estimate* How much can I afford?

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. Additional information available. Buyer to verify all development potential.

Active

  • Price
  • $ 1,520,000
  • City
  • Seattle
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • KING
  • Half Bathrooms
  • 0
  • Area
  • Queen Anne-Magnolia
  • Lot Size
  • 0.1033 Acres
  • Zip
  • 98109
  • Sqr Footage
  • 3,080
  • Year Built
  • 1924
  • Taxes
  • $ 10364
  • Style
  • 1 Story
  • MLS#
  • 2511118
Listed By: eXp Realty and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

Living Area 3080
Sewer Sewer Connected
Heating Forced Air
Cooling Forced Air
Possession Closing
Roof Composition
Security Features Partially Fenced
Year Built 1924
View Bay,City,Lake,Mountains,Territorial
Topography Sloped,Steep Slope
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County King
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name Lake Union
Facing Direction West
Special Listing Conditions None
Status Active
Directions GPS is correct
High School Lincoln High
City Seattle
Senior Community Y/N No
High School District Seattle
MLS Area 700 - Queen Anne/Magnolia
Lot Size Units Square Feet
Lot Size Square Feet 4500
Carport Y/N No
Listing Terms Cash,Conventional
Elementary School Hay
Land Lease Y/N No
Tax Annual Amount 10364.48
Middle/Junior High School Mc Clure Mid
Public Remarks Rare 9,000 SF combined opportunity in the heart of South Lake Union2538 & 2540 Dexter Ave N offered together. Zoned LR3 (Buyer to Verify),this site presents strong potential for future redevelopment,
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Seattle Public Utilities
Property Style 10 - 1 Story
NWM_ShowMapLink Yes

Interior Features

Basement None
Flooring Hardwood,Carpet
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
3/4 Baths 2
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 2
Power Production Type Electric,Natural Gas
Baths Three Quarter Main 2
Bathrooms 1.5

Exterior Features

Exterior Amenities Cement/Concrete
Parking Features Off Street
Lot Features Curbs,Paved,Sidewalk
Water Source Public
Foundation Details Poured Concrete
Building Area Total 3080
Lot Size Acres 0.1033
Waterfront Y/N No
Irrigation Water Rights Y/N No
Site Features Cable TV,Fenced-Partially,Gas Available,Patio

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Vancouver, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Hay Elementary School
Middle School Mc Clure Mid
High School Lincoln High

Price History

4/23/2026 Listed $1,520,000

Property vs Zip Code Average in 98109

Price
AVG $1.71M
$1.52M
Taxes
AVG $14,761
$10,364
Year Built
AVG 1958
1924
Visits
AVG 260
535
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

2538 Dexter Ave N Avenue N Seattle, WA is a Single Family Home for sale at $1520000 with 3080 sqft and a lot size of 0.1033 Acres Acre(s). 2538 Dexter Ave N Avenue N Seattle has 2 bedrooms, 2 baths and was built in 1924. The property's zip code is 98109 which is in Seattle, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

David Devine

David Devine

Real Estate Broker

503-381-3858

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