Listing provided courtesy of Lopp Real Estate Brokers- MLS# 202609112MLS ProviderContact Information: 812-728-8181

401, 407, 415 Kensington DriveClarksville, IN 47129

Commercial
$1,495,000 Active

401, 407, 415 Kensington Drive Overview

Time on Site:
20 days
Visits:
0

Contact listing agent for OM and more details. The Kensington Drive Apartments consist of fifteen (15) condominium apartment units located off Eastern Boulevard in Clarksville, Indiana, approximately one-third mile from Lewis & Clark Parkway, less than one mile from Interstate 65 & 4.5 miles from downtown Louisville, KY. The property is situated within the Louisville, KY MSA and benefits from strong local rental demand and convenient regional access. The offering presents investors with immediate in-place cash flow and a clearly defined path to near term NOI growth through adjustment of legacy rents to market-supported levels. Most units have undergone extensive interior renovations within the past 3 years, materially reducing future capital expenditure risk. One member of owning entity is licensed real estate agent in Indiana and is listing agent

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401, 407, 415 Kensington Drive Facts & Features

  • Type Commercial

Details

General

Business Information

  • Current Use: Multi-Family

Location/Region

  • County Or Parish: Clark
  • Postal City: Clarksville
  • Township: Jeffersonville

Tax Information

  • Tax Annual Amount: 20172.0

General Information

  • Parcel Number: 101401801491000012
  • Property Condition: Resale
  • Property Sub Type: Multi Family
  • Property Type: Commercial Sale

Interior

Exterior

Lot Information

  • Additional Parcels Description: See exhibit
  • Lot Size Units: Acres

Building Exterior/Construction

  • Construction Materials: Frame

General Information

  • Number Of Units Total: 0

401, 407, 415 Kensington Drive Neighborhood

Community

47129 (CLARKSVILLE) Demographics

41
Median Age
2,039
Population Density (per sq. mile)
22%
College Educated
$45,417
Estimated Median Income
4,761
Estimated Total Home Owners
3,780
Estimated Total Renters
56% / 44%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

401, 407, 415 Kensington Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

401, 407, 415 Kensington Drive Market Data

Based on the last 30 days in this zip code

$276,745
Average List Price
$153
Average Price per Square Foot
14
Properties Sold
59
Average Days on Market
46
Properties for Sale
Calculations provided by Reliance Network

401, 407, 415 Kensington Drive History

Date Event Value Agent
6/11/2026Source: Southern Indiana MLS Added to Database
June 11, 2026