Listing provided courtesy of Congress RealtyMLS# 658225852MLS ProviderContact Information: 888-881-4118
  • 17 days on site
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RARE BUILDABLE LOT OPPORTUNITY. An exceptional opportunity to acquire a fully separate, buildable residential parcel in the established Leahy Heights neighborhood of Portland. This 0.23-acre lot offers a rare combination of development potential, long-term investment upside, and private-use flexibility in a highly desirable neighborhood. The property is equally suited for builders and investors seeking infill opportunities as well as private buyers looking to secure additional land for privacy, future expansion, or estate-style living. IMPORTANT: Adjacent to an existing single-family home located at 440 NW 95th Ave, this parcel offers the unique opportunity to be purchased together as a rare dual-lot estate, featuring separate driveway access and expanded flexibility for privacy, future development, or estate-style living. Key Highlights: Cul-de-sac access with driveway approach, rare opportunity in a supply-constrained infill market, available individually or as part of a combined estate purchase with 440 NW 95th Ave. Combined purchase creates approximately 0.47 acres total estate potential. Flexible exit strategies: build, hold, or reposition. Site Characteristics: existing landscaped garden environment with mature vegetation, stone pathways and established outdoor grading, private, quiet setting with natural screening. Residential context already established on surrounding parcels. Location Fundamentals: Leahy Heights is a stable and established Portland neighborhood known for, strong owner-occupant demand, mature residential infrastructure, limited available buildable parcels, low turnover and long-term value stability. Whether used for development, investment holding, or private estate expansion, this is a highly versatile and increasingly rare land opportunity in Portland's established residential core.

Source: Regional MLS, MLS#: 658225852

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  • Property Type
    Land
  • Lot
    0.23 acres

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  • Median Age
    39
  • Population Density
    3,477
  • College Educated
    73%
  • Estimated Median Income
    $123,522
  • Estimated Total Home Owners
    17,950
  • Estimated Total Renters
    7,854
  • Owner / Renter Divide
    70% / 30%
  • Estimated Average Household Size
    3
  • Total Population
    71,529
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 9473 NW MURLEA LN


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/16/2026Source: Regional MLS Price Reduction
$295,000 -22.4%
6/12/2026Source: Regional MLS Added to Database
June 12, 2026