Under Contract

1554-56-58-60 Willamet Road

Kettering, OH 45429

$399,900 $1,685/Mo

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Overview

Bed

Bath

2,432

Sqft

12,197

Sqft(Lot)

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 motio n 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.

Property Details

Property Type : Residential Income

Price : $399,900

AD Id : 76693726

MLS Id : 955404

Beds : 4

Lot Size : 12,197 Sqft

Living Area Size : 2,432

Year Built : 1964

Garage : 4

County : Montgomery

Subdivision: Ventnor Heights

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Bathroom Information

Total Baths: 4 Full Baths: 4
Interior Features

Ceiling Fan(s) Appliances: Microwave, Range, Refrigerator, Gas Water Heater
Heating & Cooling

Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Ceiling Fan(s), Other, Wall Unit(s)

Building Information

Year Built: 1964 Building Area Total: 2432 Construction Materials: Brick Private Pool: No

Lot Information

Lot Dimensions: .28 Acres Main Square Feet: 12197 Square Feet Lot Size Acres: 0.28 Lot Size Source: Assessor Lot Size Square Feet: 12197

Property Information

Subdivision: Tudor Park Source Property Type: Residential Income Postal Code Plus 4: 4839 Zoning Description: Multiple Property SubType: Multi Family Property Age: 62

Listing Price Information

Listing Price: $399900

Tax Information

Parcel Number: N64-02811-0020 Tax Legal Desc: 20 TUDOR PARK 1

Parking Information

Carport, Detached, Garage, Storage

Garage Information

Has Garage: Yes Garage Space: 4

Location Information

Security Features: Smoke Detector(s)

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1830 Roslyn Avenue, Kettering, OH, 45429	$485,000	6	6	4,377	4,377 SqFt

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ByOwner last updated this listing 06/08/2026 @ 02:14

MLS: 955404 LISTED BY: M. Larry Lemonds, RE/MAX Victory + Affiliates 937-524-0080 SOURCE: Dayton REALTORS