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  • $375,000

    1554 Willamet Rd, Dayton, OH 45429

    4beds
    2,432sqft
    Multi Family
    Built in 1964
    -- sqft lot
    $374,800 Zestimate®
    $154/sqft
    $1,427 Estimated rent

    Home value

    $374,800

    $356,000 - $394,000

    $1,427/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    M. Larry Lemonds 937-524-0080,

    RE/MAX Victory + Affiliates

    Bought with:

    M. Larry Lemonds, 000232854

    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

    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: $154/sqft
    • Tax assessed value: $223,990
    • Annual tax amount: $7,666
    • Date on market: 4/1/2026
    • Listing terms: Cash,Conventional,VA Loan

    Price history

    DateEventPrice
    10/21/2026Sold$375,000-6.2%$154/sqft
    Source: WRIST #1044651 Report a problem
    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
    2025$7,666 -0.3%$78,400
    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

    Neighborhood: 45429

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $374,800

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $374,800