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$439,900
For sale

427 E Riverside DrClarksville, IN 47129

0 baths0.19 acre

Residential Land · 51 days on market · MLS# 1728962

About this home

A rare piece of Ohio River frontage with direct, unobstructed exposure to the Louisville skyline. Zoned Southern Mixed Use, the site carries unusual latitude for what comes next: a signature custom residence, a townhome or multi-unit project oriented to the water, or a lodging concept built around the view itself. Position is what makes the parcel difficult to replicate. Minutes from downtown Louisville and the Ohio River bridges, the property anchors a corridor with year-round visitor draw; dining and entertainment at the north end of the Big Four Bridge, the Ohio River Greenway just outside the property line, and seasonal demand from Derby, Thunder Over Louisville, and bourbon tourism. Two tenant-occupied residences currently produce $1,200 per month in holding income at below-market rents, with room for improvement. Land with this frontage and this proximity to a major downtown rarely comes available. Buyers are encouraged to verify zoning, floodplain, and short-term rental permitting for their intended use.

Home details

Property type
Residential Land
Status
For sale
MLS #
1728962
Days on market
51
Lot size
0.19 acres
Subdivision
NONE
MLS area
13-Indiana
County
Clark
HOA
None
Waterfront
Yes
Water
Public

Features

Lot

  • See Remarks
  • Flood Insurance Req
  • Sidewalk
  • Waterfront

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# 1728962. Data provided by Greater Louisville Association of REALTORS® (APEX MLS). As of Sep 12, 2026.

Keep looking

Listing information is provided courtesy of the Greater Louisville Association of REALTORS® (APEX MLS) via Internet Data Exchange (IDX) and is updated throughout the day. Not every MLS listing is available through IDX. All information is deemed reliable but not guaranteed and should be independently verified. Listings include the name of the listing brokerage. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information last updated Sep 12, 2026.