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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 9 minutes ago
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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
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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.

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88/100
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  • Real Estate
  • OR
  • Lane County
  • Springfield
  • 97477
  • Downtown Springfield
  • 488 Main St

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