427/429 E Riverside Drive, Clarksville, IN 47129

Clarksville
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
427/429 E Riverside Drive,Clarksville, IN 47129
$450,000
  • 6 Beds
  • 3 Baths
  • 2,291 sq. ft.
  • Multi-family
  • Active
Listed by: jason farabee
Office: the agency louisville
MLS#:202606424
Source:IN_SIRA

Price summary

  • Price:$450,000
  • Price per sq. ft.:$196.42

About this home

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.

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Home facts

  • Year built:1995
  • Listing ID #:202606424
  • Added:155 day(s) ago
  • Updated:August 13, 2026 at 03:07 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,291 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Units, Window Units

Structure and exterior

  • Year built:1995
  • Building area:2,291 sq. ft.
  • Lot area:0.19 Acres
  • Architectural Style:Manufactured Home, One Story
  • Construction Materials:Frame
  • Levels:1 Story

Utilities

  • Water:Connected, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$196.42
  • Tax amount:$2,847

Features and amenities

  • Laundry features:Main Level

Parking

  • Parking description:No Garage

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