427 E Riverside DrClarksville, IN 47129
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.