Movoto Real Estate
Search
About Tour Schools Neighborhood Places of interest Commute Home value Property history Market statistics
  • Other
  • Exterior
  • Kitchen
  • Entry Way
  • Bath
  • Living
  • Bedroom

488 Main St, Springfield, OR 97477

  • $4,950,000

  • —

    bed

  • —

    bath

  • 13,408

    Sqft ($369/Sqft)

Multi-family for sale 500 days
Movoto is helping 12 homebuyers near you

About 488 Main St

Property type Multi-family
Neighborhood
Year built 2024
HOA fee $0/month
Lot size 4,791 Sqft
Rental estimate
Property description
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.
Listed by
Listing Agent - Kristena Cox
Listing Agent Contact: 541-501-3399
Listing Office - Windermere RE Lane County
Source: RMLS mls logo
MLS#352831896 • last updated 1 year ago
Movoto checked RMLS for data 5 minutes ago
Request a virtual or in-person tour
Overview
Cooling/AC Heat Pump
Heating Heat Pump
MLS # 352831896
Type Multi Family
Status Active
Lot Size (SqFt) 4791
Lot Size (Acres) 0.11
Property Tax 11466.55
Year Built 2024
Exterior
Roof Membrane
Exterior Features Brick
Amenities / Utilities
Hot Water Recirculating, Tankless
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View City, Mountain
County Lane
Community Features AllLandscaping, Laundry
Area 249 - Lane Co: Springfield
Middle School Springfield
Zoning MUC
Directions Main St. To Address. Located At Corner Of 5th & Main
APN 313641
Multifamily Details
Unit Type 1: # Bedrooms 1
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 1
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1550
Unit Type 4: Rent 6490
Unit Type 3: Rent 2038
Unit Type 2: Rent 1702
Total # of Units 15
Gross Scheduled Income 372014
Net Scheduled Income 280420
Lot/ Land Details
Road Surface Concrete
Tour this home
When would you like to see 488 Main St?
question
Have a question about this property? Call us at (844) 430-0869
2/10
Hamlin Middle School
public Grades 6-8
Springfield School District 19
3/10
Springfield High School
public Grades 9-12
Springfield School District 19
Source: GreatSchools.org © 2026. All rights reserved.

Around Downtown Springfield

Explore everything this neighborhood has to offer. Learn more about Downtown Springfield.
View homes for sale in Downtown Springfield
67/100
Walk
73/100
Family
73/100
Dining
88/100
Pet
  • Real Estate
  • OR
  • Lane County
  • Springfield
  • 97477
  • Downtown Springfield
  • 488 Main St

My commute

Enter a destination to see travel time and distance.
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby homes for sale in Springfield, OR

Newest listings in 97477

Meet with a real estate agent today (844) 430-0869
  • Movoto Logo
  • Download IOS APP Download Android APP
The multiple listing information is provided by Oregon MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Movoto are marked with the RMLS™ , and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. This content last updated on 6/11/2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.