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
Under contract
Price cut: $15K (9/13)
$125,000
307 Daman Dr, Montgomery, AL 36108
3beds
1,441sqft
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
- 67 days
- 163
- 12
Zillow last checked:
Listing updated:
Listed by:
Jamond J. Drayton 615-593-9669,
The Ville Real Estate
Source: MAAR,MLS#: 589220
Originating 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
| Date | Event | Price |
|---|---|---|
| 10/11/2026 | Contingent | $125,000$87/sqft |
Source: | ||
| 9/13/2026 | Price change | $125,000-10.7%$87/sqft |
Source: | ||
| 8/4/2026 | Listed for sale | $140,000+47.4%$97/sqft |
Source: | ||
| 12/16/2025 | Listing removed | $1,500$1/sqft |
Source: MAAR #580006 Report a problem | ||
| 9/15/2025 | Listed for rent | $1,500$1/sqft |
Source: MAAR #580006 Report a problem | ||
| 6/4/2025 | Sold | $95,000+5.6%$66/sqft |
Source: Public Record Report a problem | ||
| 5/23/2025 | Listed for sale | $90,000$62/sqft |
Source: MAAR #565191 Report a problem | ||
| 5/1/2025 | Pending sale | $90,000$62/sqft |
Source: MAAR #565191 Report a problem | ||
| 3/24/2025 | Contingent | $90,000$62/sqft |
Source: | ||
| 3/20/2025 | Price change | $90,000-18.2%$62/sqft |
Source: | ||
| 12/4/2024 | Price change | $110,000-4.3%$76/sqft |
Source: | ||
| 10/5/2024 | Listed for sale | $115,000+97.9%$80/sqft |
Source: | ||
| 9/18/2003 | Sold | $58,103$40/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: 36108
Nearby schools
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.




