9473 NW MURLEA LN, Portland, OR 97229

Property Description

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.