1554 Willamet Rd Dayton, OH 45429
Kettering AreaEstimated payment $2,763/month
Highlights
- 4 Car Detached Garage
- Parking Storage or Cabinetry
- Ceiling Fan
- Beavertown Elementary School Rated A-
- Forced Air Heating System
- 1-Story Property
About This Home
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.
Listing Agent
RE/MAX Victory + Affiliates Brokerage Phone: (937) 524-0080 License #0000232854 Listed on: 04/01/2026
Property Details
Home Type
- Multi-Family
Year Built
- 1964
Lot Details
- 12,197 Sq Ft Lot
Parking
- 4 Car Detached Garage
- Carport
- Parking Storage or Cabinetry
Home Design
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 2,432 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Fire and Smoke Detector
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number N64-02811-0020
Community Details
Overview
- 4 Units
- Tudor Park Subdivision
Building Details
- Gross Income $31,740
- Net Operating Income $16,240
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,692 | $78,400 | $13,020 | $65,380 |
| 2024 | $7,563 | $78,400 | $13,020 | $65,380 |
| 2023 | $7,563 | $78,400 | $13,020 | $65,380 |
| 2022 | $6,577 | $63,220 | $10,500 | $52,720 |
| 2021 | $6,290 | $63,220 | $10,500 | $52,720 |
| 2020 | $6,313 | $63,220 | $10,500 | $52,720 |
| 2019 | $6,820 | $64,230 | $10,500 | $53,730 |
| 2018 | $6,904 | $64,230 | $10,500 | $53,730 |
| 2017 | $6,551 | $64,230 | $10,500 | $53,730 |
| 2016 | $3,529 | $34,770 | $10,500 | $24,270 |
| 2015 | $3,416 | $34,770 | $10,500 | $24,270 |
| 2014 | $3,416 | $34,770 | $10,500 | $24,270 |
| 2012 | -- | $38,490 | $8,820 | $29,670 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2026 04/01/26 | For Sale | $399,900 | -- | $164 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Survivorship Deed | $200,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $210,000 | New Conventional | |
| Closed | $150,356 | No Value Available | |
| Closed | $160,000 | Commercial |
Source: Dayton REALTORS®
MLS Number: 955404
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Ask me questions while you tour the home.