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Active under contract
  • $399,900

    1554 Willamet Rd, Dayton, OH 45429

    4beds
    2,432sqft
    : 
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    Multi Family
    Built in 1964
    -- sqft lot
    $398,000 Zestimate®
    $164/sqft
    $-- HOA

    What's special

    Rebuilt handrails for safetyLawn cared for annuallyFluorescent lighting installedStabilized brick assetBathtub plumbing replacedNew water heatersNew range
    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.
    89 days
    |
    20
    |
    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    M. Larry Lemonds 937-524-0080,

    RE/MAX Victory + Affiliates

    Source: WRIST,MLS#: 1044651MLS Logo

      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

        $398,000

        $378,000 - $418,000

        $1,416/mo

        Price history

        DateEventPrice
        4/4/2026Contingent$399,900$164/sqft
        Source: WRIST #1044651 Report a problem
        4/1/2026Listed for sale$399,900+100%$164/sqft
        Source: WRIST #1044651 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        2/29/2020Listing removed$700
        Source: Owner Report a problem
        2/26/2020Price change$700-9.7%
        Source: Owner Report a problem
        2/20/2020Listed for rent$775
        Source: Owner Report a problem
        6/8/2004Sold$200,000$82/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Monthly payment

        Est. payment

        Payment breakdown

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        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

        Getting around

        60 / 100
        Somewhat Walkable
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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