307 DAMAN DR, Montgomery, AL 36108
307 DAMAN DR, Montgomery, AL 36108
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Listed by Jamond J. Drayton • The Ville Real Estate
$ 140,000
Est. payment | /mo

3 Beds

2 Baths

1,441 SqFt


Save
$ 140,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,441 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,441 sqft

Price per Sqft $97

Subdivision Southlawn

MLS Listing ID 589220

Style One Story

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1969

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Single Family Residence

Property Description

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

Location

State AL

County Montgomery

Area Mont-Sw Mont/Regional Airport

Interior

Interior Features Window Treatments

Heating Central, Gas

Cooling Central Air, Electric

Flooring Vinyl

Fireplace No

Appliance Dishwasher, Gas Range, Gas Water Heater

Laundry Washer Hookup, Dryer Hookup

Exterior

Exterior Feature Covered Patio, Fully Fenced, Outdoor Grill, Patio, Storage

Parking Features Driveway

Fence Full

Pool None

Utilities Available Cable Available, Natural Gas Available

Water Access Desc Public

Porch Covered, Patio

Building

Lot Description City Lot

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style One Story

Level or Stories One

Additional Building Storage

New Construction No

Schools

Elementary Schools Southlawn Elementary School

Middle Schools Southlawn Middle School,

High Schools Carver Senior High School

Others

Tax ID 14-02-03-4-013-018.000

Security Features Fire Alarm

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Nearby Locations

GET MORE INFORMATION

April Crawford
April Crawford

Realtor®, CREN, CAPS, OT/L | License ID: 145950

+1(334) 303-3496

Prattville, AL and surrounding counties, United States

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