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Price Drop: $15K (10/10)
Street View
$125,000
Monthly Est:$622
3 Beds
2 Baths2 full baths
1,441sqft
307 Daman Dr, Montgomery, AL 36108
$125,000
$622/moEst:
Get Pre-Approved
Single Family Residence
Built in 1969
$-- HOA
0.19 acre lot
$87/sq.ft
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
- Houzeo last checked: 12 hours ago
- Listing updated: October 11, 2026 at 3:08 am
- Listing Provided by: Jamond J. Drayton (615) 593-9669 DRE #0125448 | The Ville Real Estate (615) 593-9669
- Source: Montgomery Area Association of REALTORS MLS-AL | MLS#: 589220
Property Details
Status
Active Under Contract
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
1969
HOA Fees
-
Finished Area
1,441 sqft
Lot Size
0.19 acre lot
Basement Area
- sqft
MLS Name
Montgomery Area Association of REALTORS MLS
MLS Number
589220
MLS Status
Contingent
Days on Market
91
Cumulative Days on Market
68
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
PrimaryBedroom
Level: First
Interior
Heating
Central, Gas
Cooling
Central Air, Electric
Window Features
Window Treatments
Interior Features
Window Treatments
Sewer
Public Sewer
Appliances
Dishwasher, Gas Range, Gas Water Heater
Flooring
Vinyl
Exterior Features
Covered Patio, Fully Fenced, Outdoor Grill, Patio, Storage
Construction
Year Built
Year Built: 1969
Home type
Single Family Residence
Foundation Details
Slab
Architectural Style
One Story
Construction Materials
Brick
Utilities & Energy
Pool Features
None
Utilities
Cable Available, Natural Gas Available
Laundry Features
Washer Hookup, Dryer Hookup
Water Source
Public
Parking Features
Driveway
Security Features
Fire Alarm
Other Features
Subdivision Name
Southlawn
Patio And Porch Features
Covered, Patio
Lot Features
City Lot
Price History
| Date | Event | Price |
|---|---|---|
10/10/2026 Source: | Contingent (Active Under Contract) | $125,000 -10.71% $87/sqft |
08/04/2026 Source: | Listed for Sale | $140,000 +9233.33% $97/sqft |
12/16/2025 Source: | Sold | $1,500 $1/sqft |
09/15/2025 Source: | Listed for Sale | $1,500 -98.42% $1/sqft |
06/02/2025 Source: | Sold | $95,000 +5.56% $66/sqft |
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Based on information from the Montgomery Area Association of REALTORS® through Nov 02, 2026, 02:15PM. Information is deemed reliable, but not guaranteed. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Copyright 2026 Multiple Listing Service of the Montgomery Area Association of REALTORS®. All Rights Reserved.
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