Rockhood
$1,520,000List price
2 bed · 2 bath · 3,080 sq ft
Active

2538 Dexter Ave N Avenue N · Seattle, WA 98109

Source: NWMLS · eXp Realty · Helena Chen #NWM2511118

About this home

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.

Location

Basics

Property type
Single Family Residence
Style
1 Story
Stories
1 story
Year built
1924
Lot size
4,500 sq ft (0.1 acres)
County
King
MLS #
NWM2511118

Interior

Heating
Forced Air
Cooling
Forced Air
Flooring
Hardwood, Carpet

Exterior & lot

Exterior features
Cement/Concrete
Roof
Composition
Foundation
Poured Concrete
Lot features
Curbs, Paved, Sidewalk
Topography
Sloped,Steep Slope
View
Bay, City, Lake, Mountains, Territorial
Waterfront
No

Parking

Parking features
Off Street

Utilities

Water
Public
Sewer
Sewer Connected
Power
Electric, Natural Gas

Community & fees

Subdivision
Lake Union
Property tax
$10,364 (2025)

Transaction

Listed on
Apr 22, 2026
Days on market
151
Price per sq ft
$494
Listing terms
Cash, Conventional
Possession
Closing

More homes nearby

Sale history

Earlier listings of this home on the MLS.

2026-04-22
Active$3,000,000
2017-01-27
Sold$1,150,000
2017-01-27
Sold$1,150,000
2005-03-14
Sold$605,846

Schools

School district: Seattle

Elementary
Hay
Middle
Mc Clure Mid
High
Lincoln High School
SchoolDigger 5 stars · Top 3% in WA

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Listing provided courtesy of: eXp Realty

Listing agent: Helena Chen.

Based on information submitted to the MLS GRID as of . 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. IDX information provided exclusively 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. Information is deemed reliable but not guaranteed.

Data last updated 2026-08-07.