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.
Listed by Helena Chen
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eXp Realty
Last updated April 26, 2026
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Source: NWMLS #2511118
Listing Facts
TypeSingle-family
NeighborhoodEast Queen Anne
Bedrooms2
Bathrooms2
Days on Prevu8
Taxes$10,364.48/year
Size3,080 sqft
Price per sqft$494
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
04/22/2026
Listed by eXp Realty
$1,520,000
Property Details for 2538 Dexter Ave N Avenue N
Exterior
Construction
Roof: Composition
Structure Type: House
Year Built: 1924
Construction Materials: Cement/Concrete
Exterior Features: Cement/Concrete
Features
Direction Faces: West
View: Bay, City, Lake, Mountains, Territorial
Measurements
Building Area Total: 3,080
Building Area Units: Square Feet
Lot Features: Curbs, Paved, Sidewalk
Lot Size Acres: 0.10
Lot Size Square Feet: 4,500
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 1929300660
Tax Annual Amount: $10,364.48
Tax Year: 2025
Interior
Features
Flooring: Hardwood, Carpet
Measurements
Living Area: 3,080
Rooms
Bathrooms Three Quarter: 2
Bathrooms Total Integer: 2
Bedrooms Total: 2
Main Level Bathrooms: 2
Main Level Bedrooms: 2
Other
Location
Subdivision Name: Lake Union
Parking
Parking
Parking Features: Off Street
Schools
Elementary School
Elementary School: Hay
High School
High School: Lincoln High
High School District: Seattle
Middle or Junior School
Middle Or Junior School: Mc Clure Mid
Utilities
Equipment
Has Cooling: Yes
Has Heating: Yes
Sewer: Sewer Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this single-family home have?
There are 2 bedrooms and 2 bathrooms in this single-family home at 2538 Dexter Ave N Avenue N.
What schools are nearby to 2538 Dexter Ave N Avenue N?
Nearby schools include the Hay Elementary School, Mc Clure Mid Middle School, and Lincoln High.
What are the annual taxes for 2538 Dexter Ave N Avenue N?
Annual taxes for this single-family home are estimated at $10,364.
How does 2538 Dexter Ave N Avenue N compare to other single-family homes in East Queen Anne?
This single-family home is listed 6% below the average price for single-family homes in East Queen Anne and has been on the market for 51 less days than the typical home in this area.
What is the square footage on this single-family home?
According to the MLS, this listing is 3,080 sqft.
2538 Dexter Ave N Avenue N is a 2-bedroom, 2-bath single-family home for sale in Seattle WA 98109. On Prevu for 8 days at $1,520,000. This home features 3,080 square feet of living space, located in East Queen Anne. The median listing price for single-family homes in this area is $775,000. Nearby schools include Hay Elementary School, Mc Clure Mid Middle School, and Lincoln High. Property amenities include pets allowed and parking. View other single-family home listings in Seattle.
Based on information from NWMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.