307 Daman Drive, Montgomery, AL 36108
Local realty services provided by:ERA Weeks & Browning Realty, Inc.
307 Daman Drive,Montgomery, AL 36108
$125,000
- 3 Beds
- 2 Baths
- 1,441 sq. ft.
- Single family
- Active
Listed by: jamond j. drayton
Office: the ville real estate
MLS#:589220
Source:AL_MLSM
Price summary
- Price:$125,000
- Price per sq. ft.:$86.75
About this home
TURNKEY CASH-FLOWING ASSET | MHA TENANT AT $1,300/MO | MAJOR EMPLOYMENT CORRIDOR
Instant gross cash flow from day one! This 3 BR / 2 BA single-story brick home (1,441 sqft) comes fully tenant-occupied at $1,300/month backed by MHA (Montgomery Housing Authority). Situated on a quiet street in Southlawn, this low-maintenance slab-foundation home featuring interior updates—including laminate flooring, open living layout, and modern appliances—offers an exceptional, hands-off add to any real estate portfolio.
Strategic Industrial & Tech Hub Location:
Perfectly positioned just minutes from Montgomery Regional Airport (MGM), Hyundai Motor Manufacturing, Amazon Fulfillment Center, FedEx Freight, and I-65. Even better: it sits directly in the growth shadow of Meta’s new $1.5B+ Data Center campus currently under construction/expansion, bringing thousands of trade workers and long-term tech jobs to the immediate submarket.
Tenant Draw & Convenience:
Blocks from Southlawn Elementary and Middle Schools, family care clinics, and a quick 10-minute commute to Downtown Montgomery. Low annual property taxes ($440/yr) maximize net operating income. Do not miss this high-performing income generator.
307 Daman Dr (Subject Property): Tax Assessed at $100,100. Automated Valuation Models (AVMs) estimate value between $130,000 – $140,000.
423 Daman Dr: 3 BD / 2 BA (1,460 sq ft) – Sold for $120,000
377 Green Leaf Dr: 3 BD / 2 BA (1,792 sq ft) – Sold for ~$125,000–$135,000+
308 Upton Rd: 3 BD / 2 BA (1,301 sq ft) – Sold recently in the $95k–$110k range...
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Home facts
- Year built:1969
- Subdivision & Development:Southlawn
- Listing ID #:589220
- Added:47 day(s) ago
- Updated:September 21, 2026 at 02:40 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:1
- Flooring:Vinyl
- Kitchen Description:Dishwasher, Gas Range
- Living area:1,441 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Gas
- Central air:Yes
Structure and exterior
- Year built:1969
- Building area:1,441 sq. ft.
- Lot area:0.19 Acres
- Lot Features:City Lot
- Architectural Style:One Story
- Construction Materials:Brick
- Exterior Features:Covered Patio, Fully Fenced, Outdoor Grill, Patio, Storage
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Carver Senior High School
- Elementary school:Southlawn Elementary School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$125,000
- Price per sq. ft.:$86.75
Features and amenities
- Appliances:Gas Water Heater
- Laundry features:Dryer Hookup, Washer Hookup
- Amenities:Window Treatments
Parking
- Parking description:Driveway
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