7422 E 30th Street Indianapolis, IN 46219

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Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
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Ranch • 70Y Old

$195,000

7422 E 30th Street

3 Bedrooms All Main Level
2 Bathrooms 1 Full, 1 Half
1440 sqft
0.34 Acres
2 Car Garage
Property Description

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.

Directions

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Amenities

Eat-in Kitchen, Gas Cooktop, Refrigerator, Covered, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Map to 7422 E 30th Street, Indianapolis, IN 46219

Property
MLS # 22067647
Date Listed 2025-10-11
Status Active
Property Type Residential
Property SubType Single Family Residence
Square Feet 1440 sqft
New Construction No
Style Ranch
Type Single Family Residence
Bedrooms 3
Bathrooms 2 (1 Full, 1 Half)
Year Taxes Payable 2024
Year Built 1955
Days on Market 57
Additional
Design Ranch
Cooling Central Air
Heating Forced Air, Natural Gas
Garage Yes
External Features
Construction Single Family Residence
Exterior Covered
Lot Size 14,985 sq ft
Acreage 0.34 Acres
Sewer Municipal Sewer Connected
Water Public
Fence Full
Location
Area Marion
County Marion
Subdivision Shadeland Village
Township Warren
City Indianapolis
State IN
Zip 46219
Schools
School District MSD Warren Township
Financial
Assoc. Dues $0.00

MLS# 22067647
Listing Provided Courtesy of Michelle Romano-Moss
Keller Williams Indpls Metro N
mromano103@hotmail.com

Listing updated October 23, 2025 at 3:39 pm
Last checked 2 minutes ago

IDX information provided by the MIBOR REALTOR® Association. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by the MLS.

Learn More About 7422 E 30th Street

Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
Email
Agent to Contact

By clicking "Send Message", you agree to be contacted by Sarah Hubley about your request. Please see our Privacy Policy.