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Clarksville, IN Mobile Home for Sale

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    $495,000

    • 6 Beds
    • 3 Baths
    • 2,291 Sq Ft

    427/429 E Riverside Dr, Clarksville, IN 47129

    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

    Jason Farabee The Agency Louisville

    427/429 E Riverside Dr, Clarksville, IN 47129

Why Live in Clarksville

Clarksville, Indiana, is a suburb located just five minutes from Louisville. The town grew rapidly in the 20th century due to industrial development along the Ohio River, notably the Colgate-Palmolive factory. Today, many of Clarksville's 22,000 residents commute to Louisville for work, utilizing the John F. Kennedy Bridge. Housing options include condos, midcentury ranch styles, and early 20th-century homes, with prices ranging from $100,000 to $800,000. The town's affordability and lower taxes compared to Jefferson County make it appealing to first-time buyers. Clarksville has installed a floodgate as part of a floodwall expansion project to address flooding concerns. Shopping and dining are convenient along Lewis and Clark Parkway, featuring a variety of restaurants and big-box retailers. The town's unique attractions include the Falls of Ohio State Park, known for its prehistoric fossil beds, and the Texas Roadhouse's first location. Outdoor activities are plentiful with paved trails, parks, and an aquatic center. Cultural highlights include drag racing at Sports Dome Speedway and performances at Clarksville Little Theatre and Derby Dinner Playhouse. Clarksville's crime rates have significantly dropped over the past decade, making it safer than the national average. Norton Clark Hospital is nearby, and Louisville International Airport is a 15-minute drive south via I-65.

Home Trends in Clarksville, IN

Housing Trends

Median Sale Price
$210,000
Median Single Family Sale Price
$214,900
Median 2 Bedroom Sale Price
$154,900
Median 1 Bedroom Sale Price
$85,000
Average Price Per Sq Ft
$145
Number of Homes for Sale
32
Last 12 months Home Sales
197
Months of Supply
1.90
Median List Price
$219,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
0%
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