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1006 Stoney Springs Road Vandalia, OH 45377

0.38
Acres
$380,000
MLS# 967864
0
0.38 AC
1/13
  • New Listing
2/13
3/13
Photos
Map
Photos
Map

Sale Pending

Received 09/01/2026

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: 9/01/2026 3:12 PM

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Property Details

  • MLS#:

    967864
  • Type:

    Multi Family
  • County:

    Montgomery
  • Age:

    54
  • Construction:

    Brick
  • Cooling:

    Central Air
  • Lot Description:

    123 x 112
  • School District:

    Vandalia-Butler City
This listing courtesy of Antwan Williams (614) 226-2094 , Styer Real Estate Professional (614) 505-2850

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OH•45377•Montgomery County•Vandalia•1006 Stoney Springs Road

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