Stabilized brick asset in the heart of Kettering featuring a massive ''rent gap'', while currently yielding steady income with long term tenants. This property is primed for a ''market to market'' strategy that can increase gross revenue by 40% with minor cosmetic updates. Invest in a recession - proof US Military - corridor market, Wright-Patterson Air Force Base. Why WILLAMET ROAD? Location stability: 15 minutes to Wright-Patterson AFB, (huge tenant pool). Convenience: Less than 2 miles to the Greene Shopping & dining. High demand area: Zip Code 45429 is one of the most supply-constrained rental pockets in the Dayton MSA. Multiple improvements: Upgraded carport drainage (in 2024 a new drainage system preventing water from pooling and freezing totally mitigating fall hazards) and added motion sensor lights improving nighttime visibility and safety. New household appliances: two units with new water heaters, two AC wall units, one with new range, two units have new microwaves, one new furnace, one has building owner washer /dryer and partially furnished. New gutters; high quality (Monolithic gutters in 2025). General repair: new toilet, bathtub plumbing replaced, 2 kitchen faucets replaced, front steps concrete landing installed in 2024, rebuilt handrails for safety, fluorescent lighting installed, furnaces cleaned and serviced annually, lawn cared for annually. Units 1554 and 1560 each have a Radon System installed. In general, the property has been well maintained throughout the years. Long term tenants take great care of their units, and all would like to stay.
Active under contract
$399,900
1554 Willamet Rd, Dayton, OH 45429
4beds
2,432sqft
Est.:
Multi Family
Built in 1964
-- sqft lot
$383,300 Zestimate®
$164/sqft
$-- HOA
What's special
Rebuilt handrails for safetyLawn cared for annuallyFluorescent lighting installedStabilized brick assetBathtub plumbing replacedNew water heatersNew range
- 4 days |
- 328 |
- 16 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 04, 2026 at 04:46am
Listed by:
M. Larry Lemonds 937-524-0080,
RE/MAX Victory + Affiliates
Source: WRIST,MLS#: 1044651
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- Wall Unit(s)
Appliances
- Included: Microwave, Range, Refrigerator
Features
- Ceiling Fan(s)
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 2,432
- Total interior livable area: 2,432 sqft
Video & virtual tour
Property
Parking
- Parking features: Carport
- Has carport: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.28 Acres
- Dimensions: .28 Acres
- Features: Residential Lot
Details
- Additional structures: Storage
- Parcel number: N64028110020
- Zoning description: Multiple
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
Condition
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Supplied Water
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Tudor Park
Location
- Region: Dayton
Financial & listing details
- Price per square foot: $164/sqft
- Tax assessed value: $223,990
- Annual tax amount: $7,692
- Date on market: 4/1/2026
- Listing terms: Cash,Conventional,VA Loan
Estimated market value
$383,300
$364,000 - $402,000
$884/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/4/2026 | Contingent | $399,900$164/sqft |
Source: | ||
| 4/1/2026 | Listed for sale | $399,900+100%$164/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/29/2020 | Listing removed | $700 |
Source: Owner Report a problem | ||
| 2/26/2020 | Price change | $700-9.7% |
Source: Owner Report a problem | ||
| 2/20/2020 | Listed for rent | $775 |
Source: Owner Report a problem | ||
| 6/8/2004 | Sold | $200,000$82/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,692 +1.7% | $78,400 |
| 2023 | $7,563 +15% | $78,400 +24% |
| 2022 | $6,577 +4.9% | $63,220 |
| 2021 | $6,268 -0.7% | $63,220 |
| 2020 | $6,313 -7.4% | $63,220 -1.6% |
| 2019 | $6,820 -1.2% | $64,230 |
| 2018 | $6,904 +5.4% | $64,230 |
| 2017 | $6,551 +85.6% | $64,230 +84.7% |
| 2016 | $3,529 +2.4% | $34,770 |
| 2015 | $3,446 +0.9% | $34,770 |
| 2014 | $3,416 | $34,770 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,547/mo
Principal & interest
$1990
Property taxes
$557
More affordability tools
Climate risks
Neighborhood: 45429
Nearby schools
GreatSchools rating
- 7/10Beavertown Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 6/10Kettering Middle SchoolGrades: 6-8Distance: 1.6 mi
- 7/10Kettering Fairmont High SchoolGrades: 9-12Distance: 1.4 mi
Local experts in 45429
- Ohio
- Montgomery County
- Kettering
- 45429
- 1554 Willamet Rd









