This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/41
$399,900 Contingent
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/41
Property Description
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.
Full Property Details
Full Property Details for 1554 Willamet Rd
General
- Price: $399,900
- Taxes: $3,832 (2025)
- Status: Contingent
- Type: Multi-Family
- Source: 507
- MLS ID: 1044651
- Updated: 4/4/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
Location
- County: Montgomery
- Subdivision: Tudor Park
- Neighborhood: Tudor Park
- Driving Directions: Going south on Wilmington Pike turn left onto Willamet Road to 1554-1556-1558-1560. Property will be on the left.
School Information
- School District: 5705 Kettering CSD
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Forced Air, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Supplied Water
Structural Information
- Architectural Style: Ranch
- Exterior Const.: Brick
- Square Feet: 2,432
- Finished Total: 2,432 Sq. Ft.
- Year Built: 1964
Lot Features
- Lot Size (Acres): 0.28
Financial Considerations
- Tax Amount: $3,832
- Tax Year: 2025
Disclosures and Reports
- Property ID: N64028110020
Listed by M. Larry Lemonds
Get Pre-Approved Today
Schools
Schools serving 1554 Willamet Rd
School District:Kettering City School District
| Name | Grades | Distance |
|---|---|---|
Beavertown Elementary School 2700 Wilmington Pike, Kettering, OH 45419 | K-5 | 0.9 mi |
Kettering Middle School 3000 Glengarry Dr, Kettering, OH 45420 | 6-8 | 1.6 mi |
Kettering Fairmont High School 3301 Shroyer Road, Kettering, OH 45429 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1554 Willamet Rd
Date
Details
Price
Change
Source
4/01/2026
Listed
$399,900
117.93%
MLS
9/28/2016
Sold
$183,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1554 Willamet Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,692
2%
$78,400
—
2023
$7,563
15%
$78,400
24%
2022
$6,577
-4%
$63,220
—
2019
$6,820
—
$63,220
-2%
2019
$6,820
-1%
$64,230
—
2018
$6,904
5%
$64,230
—
2017
$6,551
86%
$64,230
85%
2016
$3,529
2%
$34,770
—
2015
$3,446
1%
$34,770
—
2014
$3,416
-9%
$34,766
-10%
2013
$3,758
—
$38,493
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1554 Willamet Rd
1554 Willamet Road, Dayton, OH 45429 (MLS# 1044651) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1554 Willamet Road is currently listed for $399,900 and was received on April 01, 2026. Want to learn more about 1554 Willamet Road? Do you have questions about finding other Multi-Family real estate for sale in Dayton? You can browse all Dayton real estate or contact a Coldwell Banker agent to request more information.

