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6 Beds
3 Baths
2,291 sqft

$439,900

427/429 E Riverside Drive, Clarksville IN, 47129

Price per sqft$192.01
Built in1995
Property size2,291 sqft
Property typeMulti-family

Overview

Active

Listed Sep 11, 2026

Updated Sep 12

Rare riverfront opportunity with panoramic Ohio River and Louisville skyline views — a setting that is nearly impossible to replicate on either side of the river. 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, providing holding income while plans take shape. Minutes from downtown Louisville and the Ohio River bridges, the property anchors a corridor that draws visitors year-round — Derby season, Thunder Over Louisville, the Bourbon Trail, Waterfront Park, and the Big Four Bridge — 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.

$2,927/mo

Est. mortgage payment based on a $439,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2026011714

Interior Features

Bedrooms
6
Bathrooms
3
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.19 Acres

Other Property Details

Taxes
$2,847
Tax Frequency
Annually

Also listed on Metro Search Inc / Greater Louisville Association of REALTORS

MLS provider logo

Listed by Jason Farabee with The Agency Louisville
Listing Contact: 502-627-0077 

The IDX display contains information sourced from the Southern Indiana REALTORS® Association as of 9/12/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Southern Indiana REALTORS® Association all rights reserved.

Data last updated on 9/12/2026 at 4:12 AM UTC

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