307 DAMAN Drive Montgomery AL 36108

Price: $140,000 MLS # 589220 Status: Active

  • single_bed 3
  • bathtub 2
  • square_foot 1,441
  • home Residential - Single Family Residence
  • calendar_month 1969
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
Hayden Hudson Owner / Broker
Hayden Hudson

(334) 467-1212
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Features

  • County Montgomery
  • Property Sub Type Single Family Residence
  • Property Type Residential
  • Subdivision Southlawn
  • Year Built1969
  • Appliances Dishwasher, Gas Range, Gas Water Heater
  • Cooling Central Air, Electric
  • Flooring Vinyl
  • Heating Central, Gas
  • Interior Features Window Treatments
  • Levels One
  • Living Area Source Assessor
  • RoomsTotal1
  • Construction Materials Brick
  • Exterior Features Covered Patio, Fully Fenced, Outdoor Grill, Patio, Storage
  • Foundation Details Slab
  • Lot Features City Lot
  • Lot Size Dimensions67.2 X 125
  • Parking Features Driveway
  • Patio And Porch Features Covered, Patio
  • Pool Features None
  • PSewer Public Sewer
  • Utilities Cable Available, Natural Gas Available
  • Water Source Public
  • Elementary School Southlawn Elementary School
  • High School Carver Senior High School
  • Middle Or Junior School Southlawn Middle School
  • MLS Area MajorMONT-SW Mont/Regional Airport
  • MLS Area MinorMontgomery Area Association of Realtors
  • MLS Status Active
  • PermissionIDX
  • Year Built Source Public Records
  • Possession Close Of Escrow

Directions

I65 South to Mobile, right on EXIT 167 (80 West) 0.2 miles Mobile Hwy to Hope Hull, 0.8 miles left on Greenleaf Drive, 0.3 miles right on W Shades Valley Drive, 300 ft. left on DAMAN Dr, 150 ft. house is on the left.

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