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307 DAMAN Drive Montgomery AL 36108

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

Courtesy of: The Ville Real Estate
  • MLS #
    589220
  • Bedrooms
    3
  • Baths
    2
  • SQFT
    1441
  • Parking
    Driveway
  • Lot Dimensions
    67.2 X 125
  • Acres
    0.19

RPG Realty

Tel: (334) 481-0116
Email: info@rpg-realty.com

The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than RPG Realty are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. This information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. Listing information © 2018 Multiple Listing Service, inc. of Montgomery Area Association of REALTORS®, Inc.