488 Main St, Springfield, Oregon 97477

OR, Springfield
$4,950,000
  • 0.11 Acre
  • MultiFamily Property Type
  • 2024 Year Built
  • Active Status
Steven M
Steven M Realtyna
  • (302) 525 8222
  • (302) 525 8222
  • Support@Realtyna.com
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
  • (302) 525 8222
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.

Basic Details
  • Property Type: MultiFamily
  • Listing Type: For Sale
  • Listing ID: 352831896
  • Price: $4,950,000
  • Year Built: 2024
  • Lot Area: 0.11 Acre
  • Status: Active
  • Office Name: Windermere RE Lane County
  • Agent Name: Kristena Cox
  • Roof: Membrane
Features
  • Heating System Heat Pump
  • Cooling System Heat Pump
  • Parking Off Site
  • Sewer Public Sewer
Address Map
  • Country US
  • State OR
  • County Lane
  • City Springfield
  • Zipcode 97477
  • Street: Main
  • Street Number: 488
  • Street Suffix: ST
  • Longitude: W124° 58' 48.8''
  • Latitude: N44° 2' 46.4''
  • Zoning: MUC
  • Mls Area Major: _249
Neighborhood
  • Middle School: Springfield
Additional Information
  • Stories: 2
  • Water Source: Public Water
  • Building Size: 13408
  • Community Features: Laundry,All Landscaping
  • Foundation Details: Slab
  • Number Of Units Total: 15
  • On Market Date: 2025-01-28
  • Rent Includes: Sewer, Trash Collection, Water
Financial
  • Tax Annual Amount: 11466.55
Listing Information
  • List Agent Mls Id: 6292
  • List Office Mls Id: 5WJT01
  • Listing Term: Call Listing Agent, Cash, Conventional
  • Mls Status: Active
  • Modification Timestamp: 2026-02-06T08:20:31Z
  • Originating System Name: RMLS
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