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0 Baths

$439,900

427 E Riverside Dr, Clarksville IN, 47129

Price per sqft$53.15
Lot size0.19 Acres
Property typeLand

Overview

Active

Listed Sep 12, 2026

Updated 3 weeks ago

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.

Additional information

MLS® ID
1728962

Exterior Features

Lot Size
0.19 Acres

Other Property Details

Waterfront
Yes

Courtesy of The Agency Louisville, Jason Farabee,
Listing Contact: 502-649-5181 

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Greater Louisville Association of REALTORS held by brokerage firms other than Ethan John Adams are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Ethan John Adams shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 3:33 AM UTC, 9/13/2026

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