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427 E Riverside Dr

Clarksville, IN 47129

$439,900 $1,854/Mo

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Overview

0.19

Acre(Lot)

Description

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 ren ts, 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.

Property Details

Property Type : Land

Price : $439,900

AD Id : 91212934

MLS Id : 1728962

Lot Size : 0.19 Acre(Lot)

County : Clark

Map

What's Nearby

Nearby Areas

Features

Heating & Cooling

Water front: 1

Lot Information

Lot Dimensions: 0x0 Main Square Feet: 0.19 Acres Lot Size Acres: 0.19 Lot Size Square Feet: 8276.4 Lot Description: Waterfront, See Remarks

Property Information

Subdivision: NONE Source Property Type: Land MLS Area Minor: 13-Indiana Zoning Description: Other - See Remarks

Listing Price Information

Listing Price: $439900

Tax Information

Parcel Number: 10-14-00-103-165.000-011 Tax Lot: 00 Tax Block: 00

Utility Information

Electricity Connected
Location Information

Direction: Take exit 0 for Court Ave toward 6th St. Turn left onto W Court Ave/W Court Alley. Turn left onto Missouri Ave, make a right onto W Market St. turn right onto Ohio River Scenic Byway/E Riverside Dr. Homes will be on right. WaterSource: Public

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ByOwner last updated this listing 10/07/2026 @ 03:52

MLS: 1728962 LISTED BY: Jason Farabee, The Agency Louisville 502-627-0077 SOURCE: Greater Louisville Association of REALTORS