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$495,000

For Sale

A day ago

MLS® 1711005

6 Bed

3 Bath

2291 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2291 sqft
Garage No
Taxes 
Days Active 1
Lot Size 0.19 acres
Approx. Age 1995
Avg. Price Per Sqft $216
MLS® Number 1711005

Property Address: 427 E Riverside Dr, Clarksville, IN, 47129

Average square foot calculated using Size range provided by listing agent.

Description

427 & 429 E Riverside Drive offer a rare riverfront investment opportunity with sweeping views of the Ohio River and the Louisville skyline. Situated on one tract in the heart of Southern Clarksville, the property includes two tenant-occupied residences generating $1, 200 per month in rental income ($700 primary home, $500 secondary residence). Whether you're seeking steady income today or planning future redevelopment, this property offers flexibility and long-term upside. Located within the Southern Clarksville Mixed Use zoning district, the site allows for future development potential while providing immediate cash flow. Enjoy quick access to downtown Louisville, the Ohio River bridges, dining, shopping, and the expanding Clarksville riverfront district. Opportunities combining river views, income production, and development potential are increasingly rare.
MLS® Number1711005
Laundry Level
Central VacNo
FireplaceNo
Acreage0.19
Exterior
GarageNo
Approx. Age1995
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 10, 2026List Date
$495,000List Price
  • Commute

Commute

Starting Address
Destination Address
427 E Riverside Dr, Clarksville, IN

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