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Under contract
  • Price cut: $15K (9/13)
    $125,000

    307 Daman Dr, Montgomery, AL 36108

    3beds
    1,441sqft
    : 
    $846/mo
    Get pre-qualified
    Single Family Residence
    Built in 1969
    8,276 Square Feet Lot
    $-- Zestimate®
    $87/sqft
    $-- HOA

    What's special

    Interior updatesQuiet streetLow-maintenance slab-foundation homeModern appliancesOpen living layoutLaminate flooring
    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
    67 days
    163
    12

    Zillow last checked:

    Listing updated:

    Listed by:

    Jamond J. Drayton 615-593-9669,

    The Ville Real Estate

    Source: MAAR,MLS#: 589220MLS LogoOriginating MLS: Montgomery Area Association Of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      Heating
      • Central, Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Gas Range, Gas Water Heater
      • Laundry: Washer Hookup, Dryer Hookup
      Features
      • Window Treatments
      • Flooring: Vinyl
      • Windows: Window Treatments
      Interior area
      • Total interior livable area: 1,441 sqft

      Property

      Parking
      • Parking features: Driveway
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Patio
      • Exterior features: Covered Patio, Fully Fenced, Outdoor Grill, Patio, Storage
      • Pool features: None
      • Fencing: Full
      Lot
      • Size: 8,276 Square Feet
      • Dimensions: 67.2 x 125
      • Features: City Lot
      Details
      • Additional structures: Storage
      • Parcel number: 1402034013018.000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: One Story
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 1969

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Natural Gas Available

      Community & HOA

      Community
      • Security: Fire Alarm
      • Subdivision: Southlawn
      HOA
      • Has HOA: No
      Location
      • Region: Montgomery

      Financial & listing details

      • Price per square foot: $87/sqft
      • Tax assessed value: $100,100
      • Annual tax amount: $440
      • Date on market: 8/4/2026
      • Cumulative days on market: 68 days
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/11/2026Contingent$125,000$87/sqft
        Source: MAAR #589220 Report a problem
        9/13/2026Price change$125,000-10.7%$87/sqft
        Source: MAAR #589220 Report a problem
        8/4/2026Listed for sale$140,000+47.4%$97/sqft
        Source: MAAR #589220 Report a problem
        12/16/2025Listing removed$1,500$1/sqft
        Source: MAAR #580006 Report a problem
        9/15/2025Listed for rent$1,500$1/sqft
        Source: MAAR #580006 Report a problem
        6/4/2025Sold$95,000+5.6%$66/sqft
        Source: Public Record Report a problem
        5/23/2025Listed for sale$90,000$62/sqft
        Source: MAAR #565191 Report a problem
        5/1/2025Pending sale$90,000$62/sqft
        Source: MAAR #565191 Report a problem
        3/24/2025Contingent$90,000$62/sqft
        Source: MAAR #565191 Report a problem
        3/20/2025Price change$90,000-18.2%$62/sqft
        Source: MAAR #565191 Report a problem
        12/4/2024Price change$110,000-4.3%$76/sqft
        Source: MAAR #565191 Report a problem
        10/5/2024Listed for sale$115,000+97.9%$80/sqft
        Source: MAAR #565191 Report a problem
        9/18/2003Sold$58,103$40/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$440 +7.6%$9,920 +6.9%
        2024$409 +11.9%$9,280 +10.7%
        2023$365 +89.7%$8,380 +30.9%
        2022$193 +41.2%$6,400
        2021$136 --
        2020$136 -6.8%$4,860
        2019$146 +16.7%--
        2018$125 -43.6%$4,560 -67.1%
        2017$222 $13,860 +100%
        2014$222 +4.7%$6,930 +2.5%
        2013$212 $6,760
        2011-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 36108

        Getting around

        16 / 100
        Minimal Transit

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Southlawn Elementary School
        • Middle: Southlawn Middle School,
        • High: Carver Senior High School

        Source: MAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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