$4,950,000

488 Main St, Springfield, OR 97477

  • 13,408 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2024
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $369/sqft
  • Property List Date Icon Listed 1 year ago

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.

Listing Status:
Active
Date Added:
January 28, 2025
Data Last Updated:
April 5, 2026 at 2:42PM
Listing Office:
Windermere RE Lane County : 541-484-2022
Listing Agent:
Kristena Cox : 541-501-3399
MLS ID:
352831896
  • A/C: Heat pump
  • Heating: Heat pump
  • General: Brick
  • Parking: Off site
  • Roofing: Membrane
  • General: Slab
  • Road/Access: Concrete
  • Golf: All landscapingLaundry
  • Originating MLS: Regional Multiple Listing ServiceInc.
  • County: Lane
  • Zoning: MUCTo be provided by escrow0313641
  • View: View
  • Water: Public water
  • Sewer: Public sewer
  • Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Kristena Cox , Windermere RE Lane County

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Two Rivers - Dos Ríos Elementary School

1084 G St, Springfield, OR, 97477

Grades KG-5

0.64 miles away

H

Hamlin Middle School

326 Centennial Blvd, Springfield, OR, 97477

Grades 6-8

0.89 miles away

A

Academy of Arts and Academics

615 Main St, Springfield, OR, 97477

Grades 9-12

0.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.