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1554 Willamet Road Dayton, OH 45429

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New
For Sale
$399,900

MULTI_FAMILY - Ranch - Dayton, OH

Type:Single Family Residence
Property size:
2,432 SF
Lot size:
0.28 Acres
Added:
Apr 1, 2026
Days on Market:
1
Last Refresh:
Apr 1 at 6:06 pm

Property Features for 1554 Willamet Road

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 4, Bathroom 4, Bedroom 1
Parking features
Carport
Interior features
Ceiling Fan(s)
Appliances
Microwave, Range, Refrigerator
Standard status
Active
APN
N64028110020
Size
2,432 SF
Lot size
0.28 Acres

Taxes and HOA fees

TaxYear
2025

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Wall Unit(s)

Building Details

Year built
1964
Floors in Building
1
Number of units
4
Building materials
Brick
Architectural style
Ranch
Additional Structures
Storage

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Listing Contact
M. Larry Lemonds

Listing agent M. Larry Lemonds License #232854

Listing office RE/MAX Victory + Affiliates 24 N Market Street, Troy, OH

Listing date Apr 1, 2026

MLS# 1044651

Copyright © 2026 West Metro Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Kettering Quadplex with Rental Upside

Located in Kettering, this stabilized brick quadplex presents a value-add opportunity. The property is currently yielding steady income with long-term tenants and is primed for a 'market to market' strategy that could increase gross revenue by 40% with minor cosmetic updates. The location is approximately 15 minutes from Wright-Patterson Air Force Base. The property is less than 2 miles from the Greene Shopping & dining area. The property is located in zip code 45429, which is one of the most supply-constrained rental pockets in the Dayton MSA. Upgraded carport drainage was installed in 2024 to prevent water pooling and freezing, mitigating fall hazards, and motion sensor lights were added to improve nighttime visibility and safety. Two units have new water heaters, two AC wall units, one with a new range, two units have new microwaves, and one new furnace. One unit has a building owner washer/dryer and is partially furnished. High-quality monolithic gutters are planned for installation in 2025. General repairs include a new toilet, replaced bathtub plumbing, two replaced kitchen faucets, and a concrete landing installed on the front steps in 2024, along with rebuilt handrails. Fluorescent lighting has been installed, and the furnaces are cleaned and serviced annually, with lawn care provided annually. Units 1554 and 1560 each have a Radon System installed. The property has been well-maintained, and the long-term tenants take great care of their units and would like to stay.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Dayton
County
Greene
State
Ohio
Longitude
-84.139474
Latitude
39.694664

FAQs

What type of property is this?
Quadplex - Stabilized Kettering quadplex with significant rent increase potential.
Where is this quadplex located?
The property is located at 1554 Willamet Road Dayton, OH.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Significant potential to increase gross revenue by 40% through 'market to market' strategy with minor cosmetic updates.; Located in a high‑demand, supply‑constrained rental market (Zip Code 45429) near Wright‑Patterson Air Force Base, ensuring a stable tenant pool.; Property yields steady income with long‑term tenants who desire to stay.
More about this property
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