Listing provided courtesy of eXp RealtyNWMLSas Distributed by MLSGrid- MLS# NWM2511133
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Request Info2538 2540 Dexter Avenue NSeattle, WA 98109
Vacant Land · 0.21 Acres$3,000,000
Active
2538 2540 Dexter 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 2540 Dexter Avenue N Facts & Features
- Type Vacant Land
- Lot 0.21 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Seattle
- Elementary School: John Hay Elementary
- Middle Or Junior School: Mc Clure Mid
- High School: Lincoln High
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 700 - Queen Anne/Magnolia
- Subdivision Name: Lake Union
General Information
- Listing Terms: See Remarks
- Parcel Number: 1929300660
- Property Sub Type: Land
- Property Type: Land
- Senior Community: No
- Special Listing Conditions: None
Interior
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 0
- Building Area Units: Square Feet
- Calculated Square Footage: 0
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Heating: No
- Living Area: 0
- Main Level Bathrooms: 0
Exterior
Lot Information
- Irrigation Water Rights: No
- Lot Features: Curbs, Paved, Sidewalk
- Lot Size Acres: 0.2066
- Lot Size Square Feet: 9000
- Lot Size Units: Square Feet
- Road Surface Type: Paved
- Topography: See Remarks
- Vegetation: See Remarks
- Elevation Units: Feet
- Water Source: Available
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Structure Type: None
General Information
- Carport: No
- Electric On Property: Yes
- Sewer: Available
- Utilities: Electricity Connected, Natural Gas Available
2538 2540 Dexter 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
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 2540 Dexter Avenue N Monthly Cost
2538 2540 Dexter 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
2538 2540 Dexter Avenue N History
| Date | Value | Agent |
|---|---|---|
| 4/22/2026Source: NWMLS | April 22, 2026 |