1006 Stoney Springs Road, Vandalia, OH 45377

Vandalia
Local realty services provided by:ERA Petkus Weiss
1006 Stoney Springs Road,Vandalia, OH 45377
$380,000
  • 8 Beds
  • 4 Baths
  • 4,287 sq. ft.
  • Multi-family
  • Pending
Listed by: antwan williams
Office: styer real estate professional
MLS#:967864
Source:OH_DABR

Price summary

  • Price:$380,000
  • Price per sq. ft.:$88.64

About this home

Strong value-add opportunity with newer mechanical systems already in place, giving investors a solid foundation and a quick path to repositioning. This 4-unit building in Vandalia is fully occupied with flexible tenants, allowing a buyer to transition units to vacancy quickly and begin updates right away. With the major systems already functioning well, investors can focus their capital on cosmetic improvements and immediately move rents toward current market levels of approximately $1,050 per unit. The property has been consistently rented, offering dependable baseline performance while providing clear upside through renovation and lease-up. Whether you plan to modernize the units, stabilize at market rent, or reposition for a stronger cap rate, this asset delivers a fast turnaround and long-term income growth. Please do not disturb tenants. All access coordinated through the listing agent.

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Home facts

  • Year built:1972
  • Subdivision & Development:Randler Park
  • Listing ID #:967864
  • Added:5 day(s) ago
  • Updated:September 07, 2026 at 07:27 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:4,287 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:1972
  • Building area:4,287 sq. ft.
  • Lot area:0.38 Acres
  • Construction Materials:Brick

Finances and disclosures

  • Price:$380,000
  • Price per sq. ft.:$88.64

Parking

  • Garage:Yes

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