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427 E Riverside Dr, 
Clarksville, IN 47129

$439,900

6

Beds

3

Baths

2,291

Sq Ft

Multi-Family

Active

Listed by

Jason Farabee

The Agency Louisville

502-627-0077

Last updated:

September 25, 2026, 03:16 PM

MLS#

1728917

Source:

KY MSMLS

Source MLS Verified

About This Home

427 E Riverside Dr

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 Facts

Multi-Family

3 Baths

6 Bedrooms

Built in 1996

Subdivision & Development:

NONE

Price Summary

439,900

$192 per Sq. Ft.

MLS #:

1728917

Last Updated:

September 25, 2026, 03:16 PM

Added:

18 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

3

Interior

Living Area:

2,291 Sq. Ft.

Structure

Structure

Building Area:

2,291 Sq. Ft.

Year Built:

1996

Lot

Lot Size (Sq. Ft):

8,276

Finances & Disclosures

Finances

Price:

$439,900

Price per Sq. Ft:

$192 per Sq. Ft.

Source:KY MSMLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.