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$380,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 8 Total Beds
  • Updated 3 days ago
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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.

Full Property Details for 1006 Stoney Springs Rd

General

  • Price: $380,000
  • Status: Pending
  • Type: Multi-Family
  • Source: 506
  • MLS ID: 967864
  • Updated: 9/1/2026
  • Added to Site: 5 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Parking

  • Garage: Yes
  • Parking Features: Detached, Garage

Location

  • County: Montgomery
  • Subdivision: Randler Park

School Information

  • Elem School District: Vandalia-Butler
  • Midd School District: Vandalia-Butler
  • High School District: Vandalia-Butler

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Natural Gas

Structural Information

  • # Buildings: 1
  • Construction: Brick
  • Stories/Levels: 1
  • Square Feet: 4,287
  • Sq. Ft. Source: Assessor
  • Living Area: 4,287 Sq. Ft.
  • Year Built: 1972

Unit Information

  • Unit Type: 2 Bedroom

Lot Features

  • Lot Size (Acres): 0.38
  • Lot Size (Sq. Ft.): 16,553
  • Lot Size: 16553
  • Lot Size Source: Assessor
  • Lot Dimensions: 123 x 112
  • Zoning: Multiple

Financial Considerations

  • For Sale/Rent/Lease: For Sale

Disclosures and Reports

  • Legal Description: 39 RANDLER PARK SUBD SEC 4
  • Property ID: B02-00705-0009

Listed by Styer Real Estate Professional (614) 505-2850, Antwan Williams (614) 226-2094

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Listing agent

— 1006 Stoney Springs Rd —

  • Antwan Williams

    Styer Real Estate Professional

    (614) 505-2850

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1006 Stoney Springs Rd

School District:Vandalia-Butler City School District
NameGradesDistance
Helke Elementary School
611 Randler Avenue, Vandalia, OH 45377
K-30.3 mi
Smith Middle School
3625 Little York Road, Dayton, OH 45414
4-51.5 mi
Morton Middle School, Vandalia, OH
8555 Peters Pike, Vandalia, OH 45377
6-80.8 mi
Butler High School
600 South Dixie Drive, Vandalia, OH 45377
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1006 Stoney Springs Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/31/2026
Listed
$380,000
113.48%
MLS
1/09/2013
Sold
$178,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1006 Stoney Springs Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$27,463
438%
$68,560
—
2024
$5,106
10%
$68,560
—
2023
$4,662
6%
$68,560
25%
2022
$4,399
-14%
$54,850
—
2019
$5,118
—
$54,850
-13%
2019
$5,118
1%
$63,390
—
2018
$5,065
—
$63,390
—
2017
$5,043
4%
$63,390
4%
2016
$4,826
-1%
$60,950
—
2015
$4,853
1%
$60,950
—
2014
$4,796
-3%
$60,949
-3%
2013
$4,969
—
$62,951
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1006 Stoney Springs Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Styer Real Estate Professional (614) 505-2850, Antwan Williams (614) 226-2094

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1006 Stoney Springs Road, Vandalia, OH 45377 (MLS# 967864) is a Multi-Family property with 4 units containing 8 bedrooms and 4 full bathrooms. 1006 Stoney Springs Road is currently listed for $380,000 and was received on August 31, 2026. Want to learn more about 1006 Stoney Springs Road? Do you have questions about finding other Multi-Family real estate for sale in Vandalia? You can browse all Vandalia real estate or contact a Coldwell Banker agent to request more information.

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