488 Main St, Springfield, OR 97477

Local realty services provided by:Columbia River Realty ERA Powered
#1#2#3
488 Main St,Springfield, OR 97477
$4,950,000
  • - Beds
  • - Baths
  • 13,408 sq. ft.
  • Multi-family
  • Active
Listed by:kristena cox
Office:windermere re lane county
MLS#:352831896
Source:PORTLAND

Price summary

  • Price:$4,950,000
  • Price per sq. ft.:$369.18

About this home

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.

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Home facts

  • Year built:2024
  • Listing Id #:352831896
  • Added:197 day(s) ago
  • Updated:August 14, 2025 at 04:18 PM

Rooms and interior

  • Living area:13,408 sq. ft.

Heating and cooling

  • Cooling:Heat Pump
  • Heating:Heat Pump

Structure and exterior

  • Roof:Membrane
  • Year built:2024
  • Building area:13,408 sq. ft.
  • Lot area:0.11 Acres

Schools

  • Middle school:Springfield

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,950,000
  • Price per sq. ft.:$369.18
  • Tax amount:$11,467 (2024)
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