1006 Stoney Springs Road, Vandalia, OH 45377
Local realty services provided by:CENTURY 21 DeAnna Realty
1006 Stoney Springs Road,Vandalia, OH 45377
$385,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: antwan williams
Office: styer real estate professional
MLS#:967864
Source:OH_DABR
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Price summary
- Price:$385,000
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.
Contact an agent
Home facts
- Year built:1972
- Subdivision & Development:Randler Park
- Listing ID #:967864
- Added:58 day(s) ago
- Updated:October 30, 2026 at 07:45 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
Heating and cooling
- Central air:Yes
Structure and exterior
- Year built:1972
- Construction Materials:Brick
Finances and disclosures
- Price:$385,000
Parking
- Garage:Yes
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