BEDS4
BATHS4 full
SQUARE FEET2,432
MLS#955404
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLKettering
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Other, Wall
Heating: Forced Air, Natural Gas
Lot Size: 0.28 Acres
Taxes: $7,665
Year Built: 1964
Feature Descriptions
Appliance Features: Microwave, Range, Refrigerator
Basement Features: Slab
Exterior: Brick
Garage Features: 4 or More, Carport, Detached, Storage
Lot Dimensions: .28 Acres
Local Schools
School District: Kettering
Listed By / Shown By
Listed By
Agency Name: RE/MAX Victory + Affiliates
Agency Phone: (937) 524-0080
Shown By
Agent Name: Stephanie Sayles
Agent Phone: Cell: (330) 284-7498
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 2,992.31 per month $2,236.93 Principal & Interest $638.75 Property Tax $116.64 Homeowner's InsuranceChange Payment Information
Stephanie Sayles
Cell: (330) 284-7498
Email Me
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1554-56-58-60 Willamet Road | MLS# 955404
This multi-family property located at 1554-56-58-60 Willamet Road, Kettering, OH 45429 is currently listed for sale with an asking price of $399,900. 1554-56-58-60 Willamet Road is located within the Kettering school district. Search Kettering real estate on www.soldbysayles.com today.