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3923 Lindley Ave

Cincinnati, OH 45212
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Bed 3

Bed

Bath 2

Bath

SqFt1,614

Sqft

RARE RMX ZONED LAND! 10-Unit Dev Potential | 0.4mi to Xavier | Adjacent to UDF Corp HQ | AS-IS Price: $449,000 Description: ATTENTION INVESTORS, DEVELOPERS & CORPORATE ACQUISITIONS: This is a ground-up development opportunity or a strategic corporate assemblage play"but it also works as an immediate income-producing hold. Located just 0.4 miles from Xavier University and directly abutting United Dairy Farmers (UDF) cleared land, this 9,464 SF parcel offers one of the most valuable infill positions in Norwood. The Property: The existing home is in good condition and currently owner-occupied. It needs a few minor repairs (1"2 days of work) and is ready for immediate rental or occupancy while you evaluate your long-term options"whether that's renovating, expanding, or assembling for a la rger project. The house is currently set up as a single-family residence, but it was previously used as a two-family dwelling and can easily be converted back"perfect for investors looking to maximize rental income immediately. Why this commands a premium: Zoning: RMX (Residential Mixed) allows for Single-Family, Two-Family, Three-Family, and Multi-Family (3+ units) by Conditional Use (CU). With a 35-ft height allowance, a density of 8-10 units is physically achievable based on the buildable footprint (buyer to verify with BZA). The "UDF Effect": The rear lot line directly touches UDF's corporate campus. With their HQ and factory across the street, this parcel is a prime candidate for a "plottage" buyout offering parking expansion, corporate buffers, or future campus growth. The Xavier Premium: 0.4 miles to campus creates massive "by-the-bedroom" rental demand, dramatically increasing your residual land value over standard single-family rents. Buildable Envelope: At approx. 38' wide X 116' deep, the building footprint is large enough to support a significant multifamily project or a luxury single-family home. Seller is motivated to create a win-win. All offers will be reviewed on July 31st at 5:00 PM. We will not be negotiating against ourselves. Bring your highest and best offer. For full due diligence packet (lot dimensions, zoning summary, buildable area calculation), please contact with proof of funds. Disclaimer: Sold as-is. Buyer to conduct full due diligence. Historical photos provided for reference only.

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Detail Ic Property Details

Property Type : Single Family

Price : $449,000

AD Id : 87641323

MLS Id : 87641323

Beds : 3

Living Area Size : 1,614

Year Built : 1913

Garage : 2.00

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Minimum Price

$22,222

Average Price

$312,536

Maximum Price

$2,500,000

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Contact Owner Derrick Robinson 513-442-6939

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