UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,441 sqft
Price per Sqft $97
Subdivision Southlawn
MLS Listing ID 589220
Style One Story
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1969
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Single Family Residence
Property Description
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
Location
State AL
County Montgomery
Area Mont-Sw Mont/Regional Airport
Interior
Interior Features Window Treatments
Heating Central, Gas
Cooling Central Air, Electric
Flooring Vinyl
Fireplace No
Appliance Dishwasher, Gas Range, Gas Water Heater
Laundry Washer Hookup, Dryer Hookup
Exterior
Exterior Feature Covered Patio, Fully Fenced, Outdoor Grill, Patio, Storage
Parking Features Driveway
Fence Full
Pool None
Utilities Available Cable Available, Natural Gas Available
Water Access Desc Public
Porch Covered, Patio
Building
Lot Description City Lot
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style One Story
Level or Stories One
Additional Building Storage
New Construction No
Schools
Elementary Schools Southlawn Elementary School
Middle Schools Southlawn Middle School,
High Schools Carver Senior High School
Others
Tax ID 14-02-03-4-013-018.000
Security Features Fire Alarm
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Nearby Locations
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