$439,900
 $2,498 est/mo Sourced by Back At You
Source MLS Verified

427 E Riverside Dr,Clarksville, IN 47129

Clarksville, IN 47129

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Description

Rare riverfront opportunity with panoramic Ohio River and Louisville skyline views. Located in Clarksville's Southern Mixed Use district, the site offers unusual flexibility for a custom riverfront residence, a townhome-style project, or a lodging-oriented concept built around the view itself. Two tenant-occupied residences currently generate $1,200 per month in holding income, with rents presently below market and room for adjustment. Minutes from downtown Louisville and the Ohio River bridges, the property anchors a corridor that draws visitors year-round with dining, entertainment, and the Ohio River Greenway just outside. Whether the plan is a signature residence or an income-producing riverfront asset, skyline frontage of this kind rarely reaches the market.

Details

MLS #1728917
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1996
Days On Site12
Listing Provided ByThe Agency Louisville | Jason Farabee

Features

Bed(s)6
Bath(s)3
SQ Feet2,291
Units2
Acreage0.19
Water FrontYes

Area Information

StateIN
CountyClark
CityClarksville
Zip Code47129
Area13 Indiana
Listing VS Median (in 47129)
Price:
$439,900
low | high
Med:
$80,190
100% of Average
sqft:
2,291
low | high
Med:
960
100% of Average
$ / sqft:
$192
low | high
Med:
$59
100% of Average
On site:
12
low | high
Med:
39.5
30.379746835443% of Average
Sourced by Back At You

Market Activity 47129

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Learn More About This Property

StateIN
CountyClark
CityClarksville
Zip Code47129
Area13 Indiana
Listing VS Median (in 47129)
Price:
$439,900
low | high
Med:
$80,190
100% of Average
sqft:
2,291
low | high
Med:
960
100% of Average
$ / sqft:
$192
low | high
Med:
$59
100% of Average
On site:
12
low | high
Med:
39.5
30.379746835443% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $329K - $549K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
427/429 E Riverside Drive Property Photo 1
$439,900
427/429 E Riverside Drive
Clarksville, IN 47129
Listing Updated: September 12, 2026 at 9:19:14 AM PDT