Price Reduction
Address
307 Daman Drive, Montgomery, AL
Price
$ 125,000
Property Attributes
- MLS#589220
- TypeSingle Family
- Listing Status Active
- CountyMontgomery
- CityMontgomery
- NeighborhoodSouthlawn
- Zip36108
- Style
- Year Built1969
- Price$ 125,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1441
- Lot Size0.19 Acres
Data Source:
Montgomery MLS (MAAR)
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
| Price History | |
|---|---|
| 8/4/2026 | Listed $140,000 |
| 9/13/2026 | 11$125,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Gas |
| Cooling | Central Air,Electric |
| Utilities | Cable Available,Natural Gas Available |
| Possession | Close Of Escrow |
| Appliances | Dishwasher,Gas Range,Gas Water Heater |
| Patio/Porch Features | Covered,Patio |
| Architectural Style | One Story |
| Pool Features | None |
| Security Features | Fire Alarm |
| Construction Materials | Brick |
| Year Built | 1969 |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Single Family Residence |
| County | Montgomery |
| New Construction | false |
| Property Type | Residential |
| HOA | false |
| Subdivision Name | Southlawn |
| Other Structures | Storage |
| Full Baths | 2 |
| Status | Active |
| 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. |
| ModificationTimestamp | 2026-09-13T00:25:55.180-00:00 |
| City | Montgomery |
| Lot Size Units | Acres |
| Home Warranty Y/N | false |
| Lease Considered Y/N | false |
| Standard Status | Active |
| Year Built Source | Public Records |
| Property Sub Type Additional | Single Family Residence |
| PostalCity | Montgomery |
| Legal Description | LOT 42 BLK N PLAT DK 021 PAGE 219 SOUTHLAWN |
Interior Features
| Interior Amenities | Window Treatments |
|---|---|
| Flooring | Vinyl |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Window Treatments |
| Laundry Features | Washer Hookup,Dryer Hookup |
| Total Bedrooms | 3 |
| LivingAreaSource | Assessor |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Covered Patio,Fully Fenced,Outdoor Grill,Patio,Storage |
|---|---|
| Fencing | Full |
| Parking Features | Driveway |
| Lot Features | City Lot |
| Water Source | Public |
| Lot Size Area | 0.19 |
| Foundation Details | Slab |
| Lot Dimensions | 67.2 X 125 |
| Lot Size Acres | 0.19 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 36108
Price
Year Built
Montgomery Area Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
Dothan MLS® (DMLS). All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than 1st Class Real Estate Wiregrass may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Last Updated: September 20, 2026 8:58 PM UTC
