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Active
  • $4,950,000

    488 Main St, Springfield, OR 97477

    13beds
    13,408sqft
    : 
    Multi Family
    Built in 2024
    -- sqft lot
    $-- Zestimate®
    $369/sqft
    $-- HOA

    What's special

    Rivett on 5th & Main is the newest mixed-use development in the Eugene/ Springfield metro area. Just finished in December of 2024, it features 12 townhouse style apartments on the second floor, two retail spaces and one live/work unit. Architecturally designed with top-of-the-line amenities. 10 year property tax freeze on apartments (excludes commercial units.) Lease up has just begun and at the asking price, Seller will lease back any apartment unit that is not leased by closing.
    188 days
    on Zillow
    |
    488
    |
    18
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 03, 2025 at 06:25pm

    Listed by:

    Kristena Cox 541-501-3399,

    Windermere RE Lane County

    Source: RMLS (OR),MLS#: 352831896MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 488 Main St.

    Next available tour time:Today at 4pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 13
    • Full bathrooms: 13
    Heating
    • Heat Pump
    Cooling
    • Heat Pump, Air Conditioning
    Appliances
    • Included: Dishwasher, Refrigerator, Recirculating Water Heater, Tankless Water Heater
    • Laundry: Common Area
    Interior area
    • Total structure area: 13,408
    • Total interior livable area: 13,408 sqft

    Property

    Parking
    • Parking features: Off Site
    Accessibility
    • Accessibility features: Handicap Access
    Features
    • Stories: 2
    • Patio & porch: Deck
    • Has view: Yes
    • View description: City, Mountain(s)
    Lot
    • Size: 4,791.6 Square Feet
    • Features: SqFt 3000 to 4999
    Details
    • Parcel number: 0313641
    • Zoning: MUC

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Membrane
    Condition
    • New Construction
    • Year built: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: All Landscaping, Laundry
    • Security: Entry, Fire Escape, Fire Sprinkler System
    Location
    • Region: Springfield

    Financial & listing details

    • Price per square foot: $369/sqft
    • Annual tax amount: $11,466
    • Date on market: 1/28/2025
    • Listing terms: Call Listing Agent,Cash,Conventional
    • Total actual rent: 28830
    • Road surface type: Concrete
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