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.
Pending
$380,000
1006 Stoney Springs Rd, Vandalia, OH 45377
8beds
4,287sqft
Multi Family
Built in 1972
-- sqft lot
$-- Zestimate®
$89/sqft
$-- HOA
What's special
- 14 days
- 130
- 11
Zillow last checked:
Listing updated:
Listed by:
Antwan Williams 614-226-2094,
Styer Real Estate Professional
Source: DABR MLS,MLS#: 967864
Originating MLS: Dayton Area Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Cooling
- Central Air
Interior area
- Total structure area: 4,287
- Total interior livable area: 4,287 sqft
Property
Parking
- Parking features: Detached, Garage
- Has garage: Yes
Lot
- Size: 0.38 Acres
- Dimensions: 123 x 112
Details
- Parcel number: B02007050009
- Zoning: Multiple
- Zoning description: Multiple
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
Condition
- Year built: 1972
Community & HOA
Community
- Subdivision: Randler Park
Location
- Region: Vandalia
Financial & listing details
- Price per square foot: $89/sqft
- Date on market: 8/31/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Pending sale | $380,000$89/sqft |
Source: | ||
| 9/1/2026 | Listed for sale | $380,000$89/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 45377
Nearby schools
Schools provided by the listing agent
- District: Vandalia-Butler
Source: DABR MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







