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Steve Kelzer
Realtor
REALTOR®
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1006 Stoney Springs Road
Vandalia, OH 45377

$380,000

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Listing Details

  • $380,000
  • MLS# 967864
  • Type Multi Unit - Multiple
  • Status Pending
  • 8
    Bedrooms
  • 4 full
    Bathrooms
  • 4,287
    Square Feet
  • 0.380 acres
    Lot Size
  • 1972
    Year Built
  • Vandalia-Butler
    Local Schools

Local Information

Listed By

Agency Name: Styer Real Estate Professional
Agency Phone: (614) 505-2850

Shown By

Agent Name: Steve Kelzer
Agent Phone: Cell: (937) 432-0720
Agency Title: Irongate Inc., Realtors

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Home Value Estimate


Description

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....read more

Features

  • Central
  • Natural Gas
  • $5,106 Taxes
  • Built in 1972
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/09/2026. The listing information on this page last changed on 09/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 09/09/2026 12:02:34 AM EST) or Dayton MLS (last updated Tue 09/08/2026 11:46:47 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Tue 09/08/2026 11:53:29 PM EST) or Wrist MLS (last updated Tue 09/08/2026 11:24:19 PM EST). Real estate listings held by brokerage firms other than Irongate Inc., Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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