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1006 Stoney Springs Road, 
Vandalia, OH 45377

$380,000


8

Beds


4

Baths


4,287

Sq Ft


Multi-Family

Pending

Listed by

Antwan Williams

Styer Real Estate Professional

614-505-2850

Last updated:

September 8, 2026, 07:20 AM

MLS#

967864

Source:

OH DABR

About This Home

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.

Home Facts

Multi-Family

4 Baths

8 Bedrooms

Built in 1972

Subdivision & Development:

Randler Park

Price Summary

380,000

$88 per Sq. Ft.

MLS #:

967864

Last Updated:

September 8, 2026, 07:20 AM

Added:

9 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

4,287 Sq. Ft.


Structure

Structure

Building Area:

4,287 Sq. Ft.

Year Built:

1972


Lot

Lot Size (Sq. Ft):

16,552


Finances & Disclosures

Finances

Price:

$380,000

Price per Sq. Ft:

$88 per Sq. Ft.

Source:OH DABR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.