1554 Willamet Road, Dayton, Ohio 45429

$399,900
4 Bedrooms
Bedrooms
4 Bathrooms
Bathrooms
2,432
Square Feet
0
Acres
Property Description

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.

Basic Details
  • Status
    Active
  • Property Type
    Multi Family
  • Listing Type
    For Sale
  • Listing ID
    1044651
  • Price
    $399,900
  • Bedrooms
    4
  • Baths Total
    4
  • Bathrooms
    4
  • Square Footage
    2,432 Sqft
  • Year Built
    1964
  • Lot Area
    0.28 Sqft
  • Location
    United States, Ohio, Montgomery, Dayton, 45429
  • Subdivision Location
    Tudor Park
  • School District
    5705 Kettering Csd
Features
  • Heating System
    Forced Air, Natural Gas
  • Cooling System
    Wall Unit(s)
  • Basement
    No
  • Appliances
    Refrigerator, Microwave, Range
  • Exterior
    Brick
  • Inside Features
    Ceiling Fan(s)
  • Foundation
    Slab
  • Garage
    Carport
  • Special Feature
    Smoke Detector(s)
  • Utilities
    Natural Gas Connected
Appliances
No data
Address Map
  • Street
    Willamet
  • Street Number
    1554
  • Street Suffix
    Road
  • Longitude
    W85° 51' 37.9''
  • Latitude
    N39° 41' 40.8''
  • Directions
    Going south on Wilmington Pike turn left onto Willamet Road to 1554-1556-1558-1560. Property will be on the left.
Neighborhood
No data
Additional Information
  • Office Name
    RE/MAX Victory + Affiliates
  • Agent Name
    M. Larry Lemonds
  • Area
    530 Other Montgomery County
  • Building Style
    Ranch
  • Tax Year
    2025
  • Lot Dimensions
    .28 Acres
  • RATIO Current Price By SQFT
    $164
  • Semi Annual Tax
    $3,832
  • Virtual Tour
  • List Agent MLSID
    LEMONMLA108
  • Listing Member Phone
    (937) 667-1624
  • Listing Office Phone
    (937) 524-0080
  • Provider
    WRIST Inc.
  • Agent ID
    20190909195114866782000000
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
1554 Willamet Road, Dayton, Ohio 45429
Map
Listing information © 2026 WRIST Inc.
Listing provided by M. Larry Lemonds of RE/MAX Victory + Affiliates : (937) 667-1624.
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