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427 E Riverside Dr, Clarksville, IN 47129
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427 E Riverside Dr, Clarksville, IN 47129
427 E Riverside Dr, Clarksville, IN 47129
427 E Riverside Dr, Clarksville, IN 47129
427 E Riverside Dr, Clarksville, IN 47129
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Team Pruitt

Team Pruitt

+1(502) 442-2030
$ 495,000
Est. payment /mo
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427 E Riverside Dr Clarksville, IN 47129

6 Beds

3 Baths

2,291 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,291 sqft

Price per Sqft $216

MLS Listing ID 1711005

Style Other

Bedrooms 6

HOA Y/N No

Abv Grd Liv Area 2,291

Year Built 1996

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Duplex

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 2291

Property 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.

Location

State IN

County Clark

Direction Take I-71S and use the left lane to take exit 1C to merge onto I-65 N toward Indianapolis. Use the 2nd from the right lane to take exit 0 for Court Ave toward 6th St. Turn left onto W Court Ave/W Court Alley. Turn left onto Missouri Ave then make a right onto W Market St. then make a slight right onto Ohio River Scenic Byway/E Riverside Dr. Homes will be on the right.

Interior

Heating Forced Air, Natural Gas

Cooling Wall/Window Unit(s)

Exterior

Exterior Feature See Remarks

View Y/N No

Roof Type Composition

Garage No

Building

Lot Description Flood Insurance Req, See Remarks

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Other,Aluminum Siding

Greater Louisville MLS (Metro Search Inc)
Copyright 2026 Metro Search, Inc.
Listed by The Agency Louisville
Team Pruitt

Team Pruitt

The Real Estate Team | License ID: 196568

+1(502) 442-2030

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427 E Riverside Dr

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