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.
Active
$4,950,000
488 Main St, Springfield, OR 97477
13beds
13,408sqft
Est.:
Multi Family
Built in 2024
-- sqft lot
$-- Zestimate®
$369/sqft
$-- HOA
What's special
- 343 days |
- 350 |
- 8 |
Zillow last checked: 8 hours ago
Listing updated: January 05, 2026 at 04:19pm
Listed by:
Kristena Cox 541-501-3399,
Windermere RE Lane County
Source: RMLS (OR),MLS#: 352831896
Tour with a local agent
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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/29/2025 | Listed for sale | $4,950,000$369/sqft |
Source:  RMLS (OR) #352831896 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$24,186/mo
Principal & interest
$19194
Property taxes
$3259
Home insurance
$1733
Climate risks
Neighborhood: 97477
Nearby schools
GreatSchools rating
- 5/10Two Rivers Dos Rios Elementary SchoolGrades: K-5Distance: 0.6 mi
- 3/10Hamlin Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Springfield High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Middle: Springfield
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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