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.
Accepting backups
$399,900
1554-56 Willamet Rd #58, Dayton, OH 45429
4beds
2,432sqft
Multi Family
Built in 1964
-- sqft lot
$399,700 Zestimate®
$164/sqft
$-- HOA
What's special
Partially furnishedRebuilt handrails for safetyLawn cared for annuallyFluorescent lighting installedStabilized brick assetBathtub plumbing replacedNew water heaters
- 95 days |
- 13 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
M. Larry Lemonds (937)524-0080,
RE/MAX Victory + Affiliates
Source: DABR MLS,MLS#: 955404
Originating MLS: Dayton Area Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- Other, Wall Unit(s)
Appliances
- Included: Microwave, Range, Refrigerator, Gas Water Heater
Features
- Ceiling Fan(s)
Interior area
- Total structure area: 2,432
- Total interior livable area: 2,432 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport, Detached, Four or more Spaces, Garage, Storage
- Garage spaces: 4
- Has carport: Yes
Lot
- Size: 0.28 Acres
- Dimensions: .28 Acres
Details
- Parcel number: N64028110020
- Zoning: Multiple
- Zoning description: Multiple
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
Condition
- Year built: 1964
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Tudor Park
Location
- Region: Dayton
Financial & listing details
- Price per square foot: $164/sqft
- Date on market: 4/1/2026
- Tenant pays: Electricity, Gas, Heat
Estimated market value
$399,700
$380,000 - $420,000
$1,413/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/4/2026 | Pending sale | $399,900$164/sqft |
Source: DABR MLS #955404 Report a problem | ||
| 4/1/2026 | Listed for sale | $399,900$164/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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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
Schools provided by the listing agent
- District: Kettering
Source: DABR MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Ohio
- Montgomery County
- Kettering
- 45429
- 1554-56 Willamet Rd Unit 58







