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1554 Willamet Road, 
Dayton, OH 45429

$399,900

4

Beds

4

Baths

2,432

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

M. Larry Lemonds

RE/MAX Victory + Affiliates

937-524-0080

Last updated:

May 13, 2026, 03:11 PM

MLS#

1044651

Source:

OH WRIST

About This Home

1554 Willamet Road

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.

Home Facts

Multi-Family

4 Baths

4 Bedrooms

Built in 1964

Price Summary

399,900

$164 per Sq. Ft.

MLS #:

1044651

Last Updated:

May 13, 2026, 03:11 PM

Added:

a month ago

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

2,432 Sq. Ft.

Structure

Structure

Building Area:

2,432 Sq. Ft.

Year Built:

1964

Lot

Lot Size (Sq. Ft):

12,196

Finances & Disclosures

Finances

Price:

$399,900

Price per Sq. Ft:

$164 per Sq. Ft.

Source:OH WRIST
The information being provided by Western Regional Info Systems & Technology Inc. is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Western Regional Info Systems & Technology Inc. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.