2540 Dexter Ave N Avenue N, Seattle, WA, 98109
About This Home
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.
Getting Around
Somewhat Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1923
Materials
- Foundation: Poured Concrete
- Roof: Composition
- Construction materials: Cement/Concrete
Notable Dates
- Major remodel year: 1923
Type & Style
- Home type: SingleFamily
- Architectural style: 2 Stories w/Bsmnt
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Garbage Disposal,Refrigerator(s),Washer(s)
Basement
- Has basement: Yes
- Basement: Daylight,Finished
Bathroom Full
- Level: Main
Bathroom Three Quarter
- Level: Second
Bathroom Three Quarter
- Level: Lower
Bedroom
- Level: Second
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Dining Room
- Level: Main
Entry Hall
- Level: Main
Features
- Bath Off Primary,Ceiling Fan(s),Dining Room
- Window features: Dbl Pane/Storm Window
- Flooring: Hardwood,Carpet
- Number of fireplaces: 1
- Fireplace features: Wood Burning,Main Level: 1,Fireplace
- Fireplace: Yes
Heating & Cooling
- Heating features: Fireplace,Forced Air,Electric,Natural Gas
- Cooling features: Forced Air
Interior Area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
Kitchen With Eating Space
- Level: Main
Living Room
- Level: Main
Rec Room
- Level: Lower
Utility Room
- Level: Lower
Property
Details
- Parcel number: 1929300655
- Zoning description: Jurisdiction: City
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Bath Off Primary,Ceiling Fan(s),Dbl Pane/Storm Window,Dining Room,Fireplace
- Has view: Yes
- View description: Bay,City,Lake,Territorial
- Has water view: Yes
- Water view: Bay,Lake
- Topography of land: Sloped,Steep Slope
Lot
- Lot size: 4,499 sqft
- Features: Curbs,Paved,Sidewalk,Value In Land,Cable TV,Fenced-Partially,Gas Available,Patio
Parking
- Parking features: Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in King County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,483 | $89,796 |
| Home Insurance * | $231 | $2,772 |
| Property Taxes | $1,189 | $14,268 |
| Electricity | $184 | $2,216 |
| Total | $9,087 | $109,044 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-23 | Listed for sale | $1,480,000 |
| 2024-10-14 | Listing removed | $3,990 |
| 2024-07-22 | Listed for rent | $3,990 |
| 2023-08-18 | Listing removed | -- |
| 2023-08-09 | Listed for rent | $3,890 |
| 2022-09-01 | Listing removed | -- |
| 2022-06-25 | Listed for sale | $3,850,000 |
| 2021-04-16 | Listing removed | -- |
| 2021-04-15 | Listed for rent | $2,950 |
| 2016-12-18 | Listing removed | $2,950 |
| 2016-12-14 | Sold | $1,000,000 |
| 2016-10-06 | Listed for sale | $960,000 |
| 2015-06-12 | Listing removed | $3,200 |
| 2015-05-19 | Listed for rent | $3,200 |
| 2005-03-14 | Sold | $544,154 |
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