307 DAMAN Drive, Montgomery, AL 36108

• 3 beds |
• 2 baths |
• 1,441 sqft

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

Listing Status:

Active

Data Last Updated:

August 20, 2026 at 1:18PM

Listing Office:

The Ville Real Estate : 615-593-9669

Listing Agent:

Jamond J. Drayton : (334) 405-6759

MLS ID:

589220

Interior

• General: Window Treatments
• Appliances: DishwasherGas RangeGas Water Heater
• Laundry: Washer HookupDryer Hookup
• Flooring: Vinyl
• A/C: Central AirElectric
• Heating: CentralGas

Exterior

• General: Covered PatioFully FencedOutdoor GrillPatioStorageStorage
• Style: One Story
• Other Structures: StoragePatioCovered
• Pool: None
• Parking: Driveway

Construction

• Windows: Window Treatments
• General: Brick1Slab

Location

• Originating MLS: MAAOR_MAAR
• County: Montgomery

Lot

• Zoning: LOT 42 BLK N PLAT DK 021 PAGE 219 SOUTHLAWN14-02-03-4-013-018.000
• Fencing: Full

Utilities

• Utilities: Cable AvailableNatural Gas Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: MAAOR_MAAR