307 DAMAN Drive, Montgomery, AL 36108 (MLS # 589220)

Price $140,000
Status Active
Beds 3
Baths 2 Baths
Home size 1,441 sqft
Lot Size 8,277 sqft
Days on Market 3
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
Property Type(s): Single Family
Last Updated 8/4/2026 Tract Southlawn
Year Built 1969 Community MONT-SW Mont/Regional Airport
County Montgomery

SCHOOLS

Elementary School Southlawn Elementary School
Jr. High School Southlawn Middle School
High School Carver Senior High School

Additional Details

AIR Central Air, Electric
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Gas Range, Gas Water Heater
AREA MONT-SW Mont/Regional Airport
CONSTRUCTION Brick
EXTERIOR Outdoor Grill, Storage
HEAT Central, Natural Gas
LOT 8276 sq ft
LOT DESCRIPTION City Lot
LOT DIMENSIONS 67.2 X 125
PARKING Driveway
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
STYLE OneStory
SUBDIVISION Southlawn
UTILITIES Cable Available, Natural Gas Available
WATER Public

Location

 

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Listed with The Ville Real Estate
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