For Sale35d on market
427/429 E Riverside Drive
Clarksville, IN, 47129 • 47129 • Clark County
$495,000
$216/sqft
Down payment assistance available
6Beds
3Baths
2,291Sqft
0.19 acLot
1995Built
Property DNA
One Story,Manufactured Home Style
Built 1995 · 31 years of history
This home is getting attention
Listed 35 days ago · 415 views · 9 saves
Market activity
Demand and pricing signals for this listing
415 views
People checking out this listing
9 saves
Buyers have saved this home
35 days on market
Established listing
$216/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 26% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1995
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.
Standout features identified
Our analysis highlights river views and riverfront property as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,228/month
Principal & Interest$2,568
Property Tax$495
Insurance$165
Down payment20% ($99,000)
3%50%
Est. 6.75% rate · 30yr fixed · $396,000 loan
Full calculator →At a glance
Key facts and listing details
TypeDuplex, Multi Family, Manufactured Home, Single Family Residence
Year Built1995
CoolingWindow Unit(s), WallWindow Unit(s)
ParkingNo Garage
Days on Zillow35 Days
Price/sqft$216
Property
Home typeMulti Family
Sub-typeDuplex, Multi Family, Manufactured Home, Single Family Residence
StyleOne Story,Manufactured Home
ConditionResale
Year built1995
Stories1
Systems
CoolingWindow Unit(s), WallWindow Unit(s)
ConstructionFrame
Water / SewerConnected, Public / Public Sewer
Parking & Outdoor
ParkingNo Garage
Lot8,276 sqft
Location & Tax
Neighborhood47129
ZoningSpecialty District
Parcel101400103165000011
Bathrooms & Fees
Full baths3
Features & details
4 categories of property features
Interior Features
Cooling
Window Unit(s)
WallWindow Unit(s)
Laundry
Main Level
Other
Exterior Features
Parking
No Garage
Construction
Frame
Room details
13 rooms detailed
Master Bedroom
FirstMaster Bedroom
OtherBedroom
FirstBedroom
FirstBedroom
OtherBedroom
OtherListing insights
Market data and value estimates
StatusFor Sale
Days on market35
Est. value$481,900
Est. rent$1,604/mo
Tax rate0.84%
Price/sqft$216
On marketMar 10, 2026
PostedMar 10, 2026
MLS updatedMar 27, 2026
Tour days9
Views415
Favorites9
How are the schools in Clarksville?
3 schools rated nearby
Location
Clarksville, IN, 47129
Price history
1 event
DateEventPrice$/sqftSource
Mar 10, 2026Listed For Sale$495,000$216SIRA
Listed For Sale$495,000
Mar 10, 2026•$216/sqft•SIRA
Nearby homes
Neighborhood details
Local context around this listing
Clarksville, IN • Clark County
Nearby cities
BethlehemCharlestownClarksvilleHenryvilleJeffersonvilleMarysvilleMemphisNabb
Nearby zip codes
47129
Similar homes
IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
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