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  • Property Type
  • Duplex, Residential
  • 6
  • Bedrooms
  • 3
  • Bathrooms
  • 2291 Sqft
  • Area Size
  • 0.19 Acres
  • Land Area
  • 1995
  • Year Built
  • The Agency Louisville
  • Office Name
427/429 E Riverside Drive, Clarksville, Indiana 47129
  • $495,000

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.

  • Address: 427/429 E Riverside Drive
  • City: Clarksville
  • State/county: IN
  • Zip/Postal Code: 47129

Details

Updated on March 27, 2026 at 2:38 pm
  • Property ID HZ202606424
  • Price $495,000
  • Property Size 2291 Sqft
  • Land Area 0.19 Acres
  • Bedrooms 6
  • Rooms 13
  • Bathrooms 3
  • Garage Size x x
  • Year Built 1995
  • Property Type Duplex, Residential
  • Property Status Active
  • MLS# 202606424
  • Agent Name Jason Farabee


Listing courtesy of Jason Farabee MLS # 202606424

Listing information is provided by Participants of the Southern Indiana REALTOR Association MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Southern Indiana REALTOR Association MLS.

eXp Realty Indiana | Jason Engle, State Broker | 9465 Counselors Row Ste. 200 Indianapolis, IN 46240 | 888-611-3912 | IN.Broker@exprealty.net

Data last updated at: March 27, 2026 at 2:38 pm

Additional details

  • Listing Terms Cash, Conventional
  • Sewer Public Sewer
  • Cooling Window Unit(s), WallWindow Unit(s)
  • County Clark
  • Property Type Residential
  • Parking No Garage
  • Architectural Style One Story, Manufactured Home

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IDX information is provided by the Indiana Regional MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Indiana Regional MLS.
eXp Realty Indiana | Jason Engle, State Broker | 107 N State Road 135, Suite 101-5, Greenwood, IN 46142 | 888-611-3912 | IN.Broker@exprealty.net

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