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7422 E 30th St

Indianapolis IN 46219

3
2
2
1440 sq. ft.
14985 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1440 sq. ft. floor area
14985 sq. ft. lot size
Single-Family

Property history for 7422 E 30th St

2017
Sold
$59,000
28 Jul 2017

Happy sellers in Indianapolis

90%
90% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Indianapolis over the last 12 months.

Local market activity for 3 bedroom single-family properties in Indianapolis

In the last 12 months, 230 three-bedroom single-family properties similar to 7422 E 30th St, have been sold.

This represents a 18% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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