All property photos

19 photos

$4,950,000

Active (ACT)

488 Main ST, Springfield, OR 97477

Bedrooms
Bathrooms
Square feet
13,408
Acres
0.11

About this property

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.

MLS details

Property information

Overview

MLS #
352831896
RMLS status
Active (ACT)
Standard status
Active
Property type
Multi Family
Year built
2024
Stories
2
County
Lane
Zoning
MUC
Attached property
No

Listing and taxes

Listing modified
Sep 20, 2026, 12:13 AM PDT
On market
January 28, 2025
Days on market
600
Original list price
$4,950,000
Annual property tax
$11,467
Tax year
2024

Interior

Heating
Heat Pump
Cooling
Heat Pump

Exterior, parking and land

Lot size
4,791 sq ft
Attached garage
No
Parking
Off Site
Exterior
Brick
Roof
Membrane
Foundation
Slab
Road surface
Concrete
Security
Entry, Fire Escape, Fire Sprinkler System, Handicap Access

Utilities and setting

Sewer
Public Sewer
Water source
Public Water
View
City, Mountain(s)
Community features
All Landscaping, Laundry

Schools

Middle school
Springfield
Listing #352831896

Listing provided courtesy of Windermere RE Lane County.

541-501-3399