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For Sale 65 Days Online
$1,480,000
3 Bedrooms
2.5 Bathrooms
2,700 Sqft House
Built 1923
4,500 Sqft Lot
No Garage
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.
Offer Review
Will review offers when submitted
Listing source NWMLS MLS #
2511124
Listed by
Helena Chen, eXp Realty
Contact our
Queen Anne
Real Estate Lead
John L. Scott
Phone...
Bedroom & Bathroom Layout
SECOND
BDRM
¾
BATH
MAIN
BDRM
FULL
BATH
LOWER
BDRM
¾
BATH
Property History
Apr 22, 2026
Listed
$1,480,000
NWMLS #2511124
More
Listing Details
  • Status
    For Sale
  • Price
    $1,480,000
  • Original Price
    Same as current
  • List Date
    April 22, 2026
  • Last Status Change
    April 23, 2026
  • Last Update
    May 26, 2026
  • Days on Market
    65 Days
  • Cumulative DOM
    65 Days
  • $/sqft (Total)
    $548/sqft
  • $/sqft (Finished)
    $548/sqft
  • Listing Source
  • MLS Number
    2511124
  • Listing Broker
    Helena Chen
  • Listing Office
    eXp Realty
Monthly Payment Estimate
  • Principal and Interest
    $7,758 / month
  • Property Taxes
    $876 / month
  • Homeowners Insurance
    $284 / month
  • TOTAL
    $8,918 / month

  • based on 20% down
    ($296,000)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
House Details
  • Sqft (Total)
    2,700 sqft
  • Sqft (Finished)
    2,700 sqft
  • Sqft (Unfinished)
    None
  • Property Type
    House
  • Sub Type
    2 Stories + Basement
  • Bedrooms
    3 Bedrooms
  • Bathrooms
    2.5 Bathrooms
  • Lot
    4,500 sqft Lot
  • Lot Size Source
    Pubilc Records
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    3 stories
  • Basement
    Daylight
    Finished
  • Sqft Source
    Pubilc Records
Property Tax Info
  • 2025 Property Taxes
    $10,512 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Seattle
  • Elementary
    Hay
  • Middle
    Mc Clure Mid
  • High School
    Lincoln High
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
Parking
  • Covered
    Unspecified
  • Types
    Off Street
  • Has Garage
    No
Views
  • Bay
    City
    Lake
    Mountains
    Territorial
Construction
  • Year Built
    1923
  • Home Builder
    Unspecified
Cooling
  • Includes
    Forced Air
Heating
  • Includes
    Forced Air
Interior
  • Flooring
    Hardwood
    Carpet
  • Features
    Bath Off Primary
    Ceiling Fan(s)
    Dbl Pane/Storm Window
    Dining Room
    Fireplace
Property
  • Lot Features
    Curbs
    Paved
    Sidewalk
    Value In Land
  • Site Features
    Cable TV
    Fenced-Partially
    Gas Available
    Patio
Appliances
  • Included
    Dishwasher
    Disposal
    Dryer
    Refrigerator
    Stove(s)/Range(s)
    Washer
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash
    Conventional
Utilities
  • Energy
    Electric
    Natural Gas
  • Sewer
    Sewer Connected
  • Water Source
    Public
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    Yes
  • Buyer Broker's Compensation
    2.5%
  • MLS Area #
    Area 700
  • Number of Photos
    5
  • Last Modification Time
    Tuesday, May 26, 2026 8:28 AM
  • System Listing ID
    5546335
Update Info
  • First For Sale
    2026-04-28 06:44:11
Listing details based on information submitted to the MLS GRID as of Tuesday, May 26, 2026 8:28 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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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For Sale 65 Days Online
$1,480,000  
3 BR    2.5 BA    2,700 SQFT  
Offer Review: Anytime
NWMLS #2511124. Helena Chen, eXp Realty
Map
 
Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.