Kettering Ohio Multi-Family Homes for Sale

Kettering Ohio Multi-Family Homes for Sale

2167 W Schantz Avenue, Kettering
$1,595,000
28 Beds ⋅ 38 Baths ⋅ 969406 MLS
Fully leased 14-unit townhome portfolio in Kettering, located near the Oakwood border. Offered as one investment, the portfolio includes three residential buildings. Current rents average approximately $250 per unit below estimated market rents ($42,000 per year), providing meaningful potential for future rent growth. All units feature two-bedroom floor plans with distinctive layouts. Twelve townhomes showcase a beautiful spiral staircase—a striking architectural feature rarely found in rental properties—and include one full bath and two half baths. Two garden-style units offer single-level living with two full baths. Kitchens include a range, refrigerator, dishwasher and disposal. Eight units provide in-unit washer and dryer hookups. The community laundry room features three leased, coin-operated washer-and-dryer units that will convey with the property. Tenants pay gas and electric. Parking includes 14 covered carport spaces and five uncovered spaces in the rear lot. The property has received substantial improvements within the past five years. Seven units have been fully renovated and four partially renovated. The rear lot and covered parking areas received asphalt improvements in September 2023. Decks were rebuilt at Units 2177 and 2183, and deck stairs at Unit 2179. New HVAC systems were installed in Units 2171, 2183 and 2191. Plumbing improvements include individual main water shutoff valves in every unit and new building water-main shutoff valves in the pit. Additional updates include water heaters, appliances, toilets, faucets, sinks and fixture shutoff valves. This is an opportunity to acquire a stabilized, income-producing portfolio with distinctive townhome residences and significant rental upside near Oakwood. Financial information is available to qualified prospective purchasers upon execution of a purchase contract. Net Operating Income = TTM: $100,612, 2025: $100,262 Please do not disturb tenants. Showings by appointment only.

2167 W Schantz Avenue, Kettering

Courtesy of Todd Duplain and Ascent Real Estate Advisors

1310-1312 Quailbend Circle, Kettering
$355,000
4 Beds ⋅ 4 Baths ⋅ 969271 MLS
Excellent opportunity to acquire a quality brick ranch double at 1310-1320 Quailbend Cr., Kettering, OH 45429. Built in 1977 with approximately 3,304 total sq. ft., this property has enjoyed long-term tenancy and very little turnover. Both units feature 2 bedrooms, 2 full baths, formal living and dining rooms, family rooms with wood-burning fireplaces, primary bedrooms with private baths and walk-in closets, private patios and attached garages. 2-car garage unit: Currently $1,200/month; estimated market rent approximately $1,500/month. 1-car garage unit: Currently $1,150/month; estimated market rent approximately $1,300/month. CURRENT INCOME Current gross rent: $2,350/month Current annual gross rent: $28,200 ESTIMATED MARKET RENT Potential gross rent: $2,800/month Potential annual gross rent: $33,600 This represents approximately $5,400 per year in potential additional gross rental income based upon estimated market rents. ANNUAL OPERATING EXPENSES Real Estate Taxes: $5,954 Insurance: $2,316 Management: $2,900 Repairs: $4,205 Exterior/Landscaping Service: $3,600 Materials: $200 Total Reported Operating Expenses: $19,175 The $3,600 exterior/landscaping expense provides year-round property maintenance and includes snow plowing and salting, spring clean-up, new mulch and bed clean-up, trimming, and fall clean-up. Tenants pay their own water and trash.

1310-1312 Quailbend Circle, Kettering

Courtesy of Benita J Wenzler and Howard Hanna Real Estate Serv

3435 Marshall Road, Kettering
$575,000
8 Beds ⋅ 8 Baths ⋅ 953799 MLS
Value-Add Investment Opportunity! Located in the City of Kettering, this 8-unit multifamily investment offers convenient access to shopping, dining, employment centers, recreational amenities, and major transportation routes. Nearby destinations include Lincoln Park, Fraze Pavilion, Delco Park, Meijer, and a variety of national and local dining and retail options. The two-story building consists of eight one-bedroom units and presents a value-add opportunity for an investor seeking to renovate, reposition, and enhance the property's income potential and long-term value. Each unit features a private patio area with additional storage closet space. Six units currently include refrigerator and range appliances. Property amenities include an on-site coin-operated laundry room with two washers and two dryers, an on-site office area, additional rear storage, and approximately seven off-street parking spaces. Units are serviced by a combination of electric heat and natural gas forced-air systems, with all units featuring central air conditioning. Building domestic hot water is provided by gas water heaters. Water service is currently supplied through a single meter serving the entire building. With its established multifamily footprint, desirable Kettering location, existing amenities, and opportunity for strategic improvements, the property offers investors potential to increase income and enhance long-term asset value. An easement for the shared drive will be implemented in conjunction with transfer of ownership. Property is being sold AS IS, WHERE IS. Seller will make no repairs, replacements, warranties, or concessions. Buyers shall rely solely upon their own inspections and due diligence regarding all aspects of the property, including but not limited to condition, measurements, zoning, utilities, occupancy, income and expense information, and permitted uses.

3435 Marshall Road, Kettering

Courtesy of Todd Duplain and Ascent Real Estate Advisors

1169 Waving Willow Drive, Dayton
$455,000
4 Beds ⋅ 3 Baths ⋅ 957142 MLS
This outstanding duplex sits on an elevated lot with spectacular, uninterrupted views of the Dayton Country Club golf course. The peaceful location belies the convenience for Downtown Dayton, University of Dayton, major hospitals, retail, highways and recreation. each of the 1,100 Sq. Ft. main floors is flooded with natural light and the living rooms on both sides have cozy, gas log fireplaces (not warrantied). Both sides have spacious, finished basements offering flexible living spaces plus laundry rooms and plenty of room for storage. 1169 has a screened porch overlooking the back yard and a 1/2 Bathroom in the basement. There is a toilet in the basement of 1165, easily upgraded to a 1/2 or full bath. Each unit has its own parking spot in the attached garage and room for a second car in front of the garage. The seller lived in 1169 for many years and has always proper maintenance throughout the property. 1169 was recently vacated by a tenant ($2,000 pm) and the lease on 1165 ends Mid-May ($1,750 pm) allowing the new owner to set their own rent and conditions. Tenants are responsible for all utilities including water and trash removal. Owner maintained landscaping and snow removal. The interior of 1169 is newly painted. The roof is about 5 years old. This is a special property for an owner/landlord or as an excellent rental.

1169 Waving Willow Drive, Dayton

Courtesy of Peter Davies and Irongate Inc.

Selling Office: Ownerland Realty, Inc..

1554-56-58-60 Willamet Road, Kettering
$399,900
4 Beds ⋅ 4 Baths ⋅ 955404 MLS
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.

1554-56-58-60 Willamet Road, Kettering

Courtesy of M. Larry Lemonds and RE/MAX Victory + Affiliates

4603 Croftshire Drive, Dayton
$375,000
6 Beds ⋅ 4 Baths ⋅ 952903 MLS
RARE Multifamily Ranch in the Heart of Kettering. $3,500+ Current rents, Market Rent is $4,000+. There are 4 units. The 2, 2 bedroom units have been fully renovated in the last year & are renting for $1050 & $995. The 2 1 bedrooms have long-term residents whose leases expire 3/31/26 & 4/30/2026, renting for $770 & $720. This would allow opportunity for Owner Occupy or House Hack in an extremely desirable part of A class neighborhood, Kettering! 4605 & 4607 (2 beds) received New Bathrooms (Tubs, Surrounds, Vanities, toilets, & black, modern fixtures), Edwards Oak LVP throughout the unit, Full Paint, Modern lights/fixtures, Stainless Steel Appliances, Central Air Conditioners, HVAC's, & Water Heaters. 4609,1 bedrooms has 8 year long-term resident who has maintained the units well with Oak cabinets, New bathroom (vanity, toilet, surround). New HVAC/Central Air. Water Heater is 2010. Market Rent is $950+ 4603, 1 bedroom: Carpeted with linoleum flooring in bath & kitchen, new water heater & HVAC, Wood cabinets. Overall great condition, but is most dated unit. 6 year long resident. Market rent is $950+ This Ranch, separate entrance for all units with central air, in unit washer/dryer, & covered, designated parking is the ideal set up for desirable, top paying, long term residents. These opportunities do not come up often in this part of kettering & it will not last long. With all units being occupied, to limit resident disturbance, Walkthroughs can be scheduled upon receiving an offer, contingent with walkthrough of units.

4603 Croftshire Drive, Dayton

Courtesy of Christopher John and Red 1 Realty

Selling Office: Red 1 Realty.

4432 Renwood Drive, Kettering
$551,000
8 Beds ⋅ 6 Baths ⋅ 953433 MLS
Calling all entrepreneurs, side-hustlers, and future short-term rental moguls! Here’s your chance to own a fully set-up income property and jump straight into the STR game without starting from scratch. This two-unit double located in Kettering Schools can be operated as a successful AirBNB & VRBO short-term rental and can be purchased ready to roll—perfect for anyone dreaming of running their own Airbnb business! Just bring your ambition and your booking app! Each side offers 3 levels of living space with 4 bedrooms and 2.5 baths, making it ideal for hosting larger groups and maximizing rental potential. Both units feature brand new kitchens, updated baths, and stylish spaces guests will love. The partially finished lower level adds extra room for guests to spread out, while the rear balcony provides the perfect spot for morning coffee or evening relaxation. Outside you'll find a 2-car garage plus private off-street parking, and the home sits in a quiet community directly across from Alter High School—a convenient location that guests appreciate. Ever said, “I should start an Airbnb someday?” Well… someday just showed up. This turnkey property lets you skip the setup and start collecting bookings. Whether you're looking to expand your investment portfolio or launch your first STR venture, this opportunity checks all the boxes! Call today for your personal tour!

4432 Renwood Drive, Kettering

Courtesy of Lisa A Goris-May and Glasshouse Realty Group

Selling Office: Keller Williams Advisors Rlty.

1764 Roslyn Avenue Unit 1760, Kettering
$270,000
4 Beds ⋅ 4 Baths ⋅ 925313 MLS
Charming Brick Duplex in Kettering with a detached oversized 2-car garage and additional shed for owner occupants or perfect for additional rental income from tenants. Each unit is separately metered for utilities, allowing tenants to manage their own utility accounts for gas, electricity. The water utility is for both units combined. This setup simplifies billing and makes the property an excellent option for landlords and tenants alike. Each unit features 2-bedrooms, 1.5-bath, and utility room for a washer and dryer. Tenants enter from the inviting front porch, with one unit located on the upper level and the other on the lower, each offering identical floor plans. Both units boast large living rooms with oversized picture windows, kitchens with pantry closets, and dining areas with sliding glass doors that opens to outdoor spaces—an oversized deck for the upper unit and a patio for the lower unit—plus a generous backyard. Each unit has two spacious bedrooms and feature ample closet space, with one bedroom connecting to the main bathroom. A convenient utility room provides access to the backyard. Additional storage is cleverly tucked near the stairways in both units. Recent updates to both units include new boilers (2024), fresh neutral paint (2024), new carpet (2024), finished half bathrooms (2025), updated main plumbing shut-off (2025), and updated washer boxes in utility rooms (2025). Nearby is shopping, dining, freeways and only 15-minutes to WPAFB and downtown Dayton. Don't miss this incredible investment opportunity or chance to live in one unit while renting the other!

1764 Roslyn Avenue Unit 1760, Kettering

Courtesy of Diane M Jackson and RE/MAX Victory + Affiliates

Selling Office: BHHS Professional Realty.

3928-3942 Benfield Drive Unit 3928, Dayton
$384,000
6 Beds ⋅ 5 Baths ⋅ 925351 MLS
Quality construction by Wenzler originally built for the builder himself with in law quartets next door. Optimal situation for folks wanting to care for or oversee living conditions for family or friends in this beautiful side by side duplex. The two story side offers three bedrooms and 2.5 baths. The first floor features a large living room, formal dining room. large, well-appointed kitchen with great pantry! First floor also offers a large family room with fireplace and a door leading onto the patio. The large laundry room is also on the first floor. Upstairs you will find three large bedrooms and two full baths. The two story unit features an amazing 2.5 car detached garage coming in at a whopping 576 square feet. Rental Income projection was done using the rent factor from the last tenant on the two story side. Expenses include property taxes of 8,092, Insurance of $2,272 and maintenance of$630. The one story unit features three bedroom and 1.5 bathrooms. It features a galley kitchen, living room and dining room, family room with fireplace and access to a nice private patio. Both fireplaces appear to be in good shape but are being sold strictly "as is". The two story is currently unoccupied making for easy showings. Last leased at $2,450.00 per owner. Ranch is "month to month" and is rented at $1,650.00 per month. Hurry on this opportunity as an investment or ideal large family/friend living arrangement! Gross operating income is projected using last know rent for two story side. Expenses included annual tax and county assessment figure of $8,099.54. Annual insurance $2,272.00 and maintenance of $630.00

3928-3942 Benfield Drive Unit 3928, Dayton

Courtesy of Daniel V Zimmer and Home Site Realty

Selling Office: CENTURY 21 The Gene Group.

520 Forrer Boulevard, Dayton
$256,850
4 Beds ⋅ 4 Baths ⋅ 907564 MLS
This property is for sale by online auction only. Auction is live and ends 7:07 PM on 5/23/2024. List price is opening bid. Nestled on Forrer Avenue in the heart of Kettering, just moments away from Oakwood and adjacent to Patterson Park, this all-brick four-unit apartment presents a highly coveted investment opportunity in one of Dayton's most desirable areas. Boasting a prime location, this property is situated mere steps from Oakwood, with the city's iconic sign serving as a neighbor next door. Additionally, Oakwood is conveniently located directly across the street, underscoring the unparalleled convenience and prestige of this sought-after locale. Each unit within this well-maintained property features 1 bedroom and 1 bathroom, offering comfortable living spaces ideally suited for tenants seeking convenience and affordability. With market rents set at $700 plus a $40 water/trash fee, tenants are responsible for their own utilities, ensuring consistent cash flow for the discerning investor. Currently, three units are occupied, while the fourth has been freshly turned, with a tenant application currently under review—highlighting the property's strong appeal and high demand in the rental market. Convenience extends beyond the living spaces, with ample parking available in the rear of the building, supplemented by street parking for added convenience. The property also boasts a 4-car garage with two double doors, providing tenants with peace of mind and additional storage options. Inside, each unit exudes comfort and functionality, featuring hardwood flooring, eat-in kitchens, and gas stoves for the ultimate in convenience. On-site laundry facilities further enhance the appeal, offering residents added convenience and ensuring a seamless living experience. As part of a very rare real estate auction featuring 40+ lots, this property represents a unique opportunity to acquire a prime investment in a highly sought-after location.

520 Forrer Boulevard, Dayton

Courtesy of Craig D Kellogg and Agora Realty Group

Selling Office: Test Office.

527 Wiltshire Boulevard, Kettering
$320,000
4 Beds ⋅ 4 Baths ⋅ 896036 MLS
Here’s a prime investment opportunity in Kettering, with extensive renovations in most units recently completed. The common entry hallway, as well as the staircase have been updated. Including new flooring and interior paint. All FOUR units have completely renovated bathrooms from fixtures, toilets, bathtubs, vanities, wall tiles, flooring and exterior ventilation. New AC units have been installed in each apartment. Two of three units have been completely renovated with great care and the highest of standards. Including, the kitchens with granite countertops, new sinks, stainless steel appliances with convection ovens and microwaves. Commercial grade luxury vinyl flooring, lighting, newly finished and freshly painted walls. The third apartment has refinished hardwood flooring and newly painted walls. Steel secured and insulated entry doors for all apartments recently installed. The main entrance door is new and includes a smart code lock. A new main sewer line and drain stack were installed in ‘21. Units are 1 bedroom/1 bath. The lower level has coin laundry, shared garage space and storage. Tenants pay electric (heat). Owner pays: gas (water heater), water & trash. The 4th unit does have a tenant. Such a thoughtfully updated fourplex in Kettering is a rare find! Not to mention a great opportunity to achieve above average rental income and all in an ideal location. Estimated at $3,000+ per month potential income. Don’t miss this!

527 Wiltshire Boulevard, Kettering

Courtesy of Tobias P Schmitt and BHHS Professional Realty

Selling Office: Coldwell Banker Heritage.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Dayton Area Board of Realtors® MLS IDX Database. Real estate listings from the Dayton Area Board of Realtors® MLS IDX Database held by brokerage firms other than Coldwell Banker Realty are marked with the IDX logo and are provided by the Dayton Area Board of Realtors® MLS IDX Database. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in. Copyright© 2026 Dayton Area Board of Realtors®

Kettering Ohio Multi-Family Homes

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