427 E Riverside DrClarksville, IN 47129
About this home
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.
Home details
- Property type
- Duplex
- Status
- For sale
- MLS #
- 1728917
- Price per sq ft
- $192
- Days on market
- 52
- Year built
- 1996
- Living area
- 2,291 sq ft
- Lot size
- 0.19 acres
- Bathrooms
- 3
- Heating
- Natural Gas, Forced Air
- Cooling
- Wall/Window Unit(s)
- Construction
- Other, Aluminum Siding
- Roof
- Composition
- Style
- Other
- Subdivision
- NONE
- MLS area
- 13-Indiana
- County
- Clark
- HOA
- None
- Waterfront
- Yes
- Water
- Public
Features
Exterior
- See Remarks
Lot
- See Remarks
- Flood Insurance Req
Utilities
- Electricity Connected
Estimated monthly payment
Principal & interest: — / month
Estimate only. Excludes taxes, insurance, HOA dues and PMI. Rates change daily; use your actual quote. Ryan can connect you with local lenders if you want a real number.
Location
Listing courtesy of The Agency Louisville, Jason Farabee. MLS# 1728917. Data provided by Greater Louisville Association of REALTORS® (APEX MLS). As of Sep 12, 2026.