432, 434, 438 and 442 Amy Ave

Developer Zoning & Redevelopment Opportunity:
This rare assemblage consists of Four contiguous vacant lots plus a vacant quad-plex on 438, all zoned R-5 (High-Density Residential) and located just south of Market Street in a rapidly improving urban corridor. The R-5 zoning supports higher-density residential development, making the site ideal for apartments, townhomes, or infill multi-family projects (subject to approvals). The existing quad-plex includes four 1-bedroom, 1-bath units with a basement and may be renovated, repositioned, or incorporated into a larger redevelopment plan. With full vacant possession, developers benefit from immediate flexibility with no tenant displacement. Positioned near hospitals, sports complexes, public transportation, and the ongoing Portland area revitalization, this offering presents strong long-term demand and multiple exit strategies. Seller is motivated, making this an exceptional opportunity for developers and investors seeking scale, zoning, and location.