7422 E 30th ST Active Save Request In-Person Tour Request Virtual Tour
Indianapolis,IN 46219
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $135
Subdivision Shadeland Village
MLS Listing ID 22067647
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N No
Year Built 1955
Tax Year 2024
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Single Family Residence
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.
Location
State IN
County Marion
Rooms
Main Level Bedrooms 3
Interior
Interior Features Eat-in Kitchen
Heating Forced Air,Natural Gas
Cooling Central Air
Fireplace N
Appliance Gas Cooktop,Refrigerator
Exterior
Exterior Feature Storage Shed
Garage Spaces 2.0
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Building
Story One
Foundation Block
Water Public
Architectural Style Ranch
Structure Type Vinyl With Stone
New Construction false
Schools
School District Msd Warren Township