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$195,000 -

7422 E 30th Street Indianapolis IN 46219

3
Bedrooms
Baths
N/A
SQ. Feet
(Above Ground)
0.34
Acres

Investor Opportunity! Excellent income-producing 3-bedroom, 1.5-bath ranch located on the east side of Indianapolis. Property is currently tenant-occupied at $1,400/month on a month-to-month lease, offering immediate income with the flexibility to adjust rent or lease terms after closing. This well-maintained home features a functional floor plan, spacious bedrooms, and a large backyard, and a partially converted garage providing additional living or flex space while retaining garage access. New HVAC installed in 2023. Conveniently located near major roads, shopping, dining, and just minutes from downtown Indianapolis. Perfect for investors seeking a stable property with built-in cash flow and value-add potential. Comparable area rents suggest room for future rent increases, and tenant occupancy provides reduced vacancy risk from day one.

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Property Details

Price: $195,000 Previously: $195,000 Originally: $200,000 Bedrooms: 3 Bathrooms: 1.50 MLS #: 22067647 Year Built: 1955 Township: Warren Sq. Ft Total: 1,440 Type: Residential Zip Code: 46219 City: Indianapolis Subdivision: Shadeland Village County: Marion School District: MSD Warren Township

Interior Features

Interior Features:
  • Appliances: Gas Cooktop, Refrigerator
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas

Exterior Features

Exterior Features:
  • Features: Storage Shed
  • Porch: Covered
  • # Acres: 0.34

Listing Office: Keller Williams Indpls Metro N

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on December 16th, 2025 at 6:40am EST.

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