1006 Stoney Springs Road Vandalia, OH 45377
0.38
Acres
$380,000
MLS# 967864
0
0.38 AC
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Sale Pending
More About 1006 Stoney Springs Road
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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Information Refreshed: 10/12/2026 10:07 PM
Property Details
MLS#:
967864Type:
Multi FamilyCounty:
MontgomeryAge:
54Construction:
BrickCooling:
Central AirLot Description:
123 x 112School District:
Vandalia-Butler City
This listing courtesy of Antwan Williams (614) 226-2094 , Styer Real Estate Professional (614) 505-2850
Frequently Asked Questions
- How much does 1006 Stoney Springs Road cost?
- 1006 Stoney Springs Road, Vandalia, OH is listed at $380,000.
- What type of property is 1006 Stoney Springs Road?
- 1006 Stoney Springs Road is a Multi Family with 0.38 acres.
- Is 1006 Stoney Springs Road still available?
- 1006 Stoney Springs Road is currently listed as Pending.
- What school district serves 1006 Stoney Springs Road?
- 1006 Stoney Springs Road is served by the Vandalia-Butler City school district.
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