For sale

$439,900

427 E Riverside Dr, Clarksville, IN 47129

6beds

3baths

2,291sqft

$3,016/mo

Get pre-qualified

Duplex

Built in 1996

-- sqft lot

$430,200 Zestimate^®

$192/sqft

$-- HOA

What's special

Riverfront residence

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.

41 days
187
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

Forced Air, Natural Gas

Cooling

Wall/Window Unit(s)

Features

Has basement: No

Interior area

Total structure area: 2,291
Total interior livable area: 2,291 sqft
Finished area above ground: 2,291
Finished area below ground: 0

Property

Features

Exterior features: See Remarks

Lot

Size: 8,276 Square Feet
Features: Flood Insurance Req, See Remarks

Details

Parcel number: 101400103165.000011

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Duplex
Attached to another structure: Yes

Materials

Other, Aluminum Siding
Roof: Composition

Condition

Year built: 1996

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected

Community & HOA

Community

Subdivision: None

HOA

Has HOA: No

Location

Region: Clarksville

Financial & listing details

Price per square foot: $192/sqft
Tax assessed value: $125,500
Annual tax amount: $2,298
Date on market: 9/11/2026
Electric utility on property: Yes

Estimated market value

$430,200

$409,000 - $452,000

$1,497/mo

Price history

Date	Event	Price
9/11/2026	Listed for sale	$439,900-2.2%$192/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1728917 Report a problem
9/4/2026	Listing removed	$450,000$196/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1711004 Report a problem
6/15/2026	Price change	$450,000-9.1%$196/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1711005 Report a problem
3/10/2026	Listed for sale	$495,000$216/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1711004 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,298 -0.2%	$125,500 +9.2%
2024	$2,302 -37.9%	$114,900 -39.1%
2023	$3,704 +8.1%	$188,700 +2.1%
2022	$3,428 +141.9%	$184,900 +8.1%
2021	$1,417 -0.7%	$171,100 +20.2%
2020	$1,427 -3.1%	$142,300 -0.7%
2019	$1,473 +2%	$143,300 +0.4%
2018	$1,444 +0.4%	$142,700 +1.9%
2017	$1,438	$140,000 +0.4%
2016	$1,438 +2834.7%	$139,400 -2.7%
2014	$49	$143,300 +2.9%
2013	$49 -95.5%	$139,300 +39.4%
2011	$1,082 +8.3%	$99,900
2010	$999 -6.5%	$99,900
2009	$1,068	$99,900