Date
Details
Price
Change
Source
1/28/2025
Listed
$4,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/18
$4,950,000
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1/18
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.
Full Property Details
Full Property Details for 488 Main St
General
- Price: $4,950,000
- Taxes: $11,466 (2024)
- Status: Active
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 352831896
- Updated: 1/29/2025
- Added to Site: 357 day(s) ago
Rental Information
- Rent Includes: Sewer, Trash Collection, Water
Additional Information
- Security/Safety: Entry, Fire Escape, Fire Sprinkler System, Handicap Access
Parking
- Parking Features: Off Site
Location
- County: Lane
- Driving Directions: Main St. to address. Located at corner of 5th & Main
School Information
- Middle School: Springfield
Community
- Community Name: 249 - Lane Co: Springfield
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Heat Pump
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Roof: Membrane
- Stories/Levels: 2
- Square Feet: 13,408
- Year Built: 2024
- Property Condition: New Construction
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791
- Lot Size: 3, 000 to 4, 999 SqFt
- Frontage: Concrete
Financial Considerations
- Tax Amount: $11,466.55
- Tax Year: 2024
- Terms: Call Listing Agent, Cash, Conventional
Disclosures and Reports
- Legal Description: To be provided by escrow
- Property ID: 313641
Listed by Windermere RE Lane County (541) 484-2022, Kristena Cox (541) 501-3399
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Listing agent
— 488 Main St —
Kristena Cox
Windermere RE Lane County
541-484-2022
541-501-3399
NMLS#: 1598647
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Schools
Schools serving 488 Main St
School District:Springfield School District 19
| Name | Grades | Distance |
|---|---|---|
Two Rivers Dos Rios Elementary School 1084 G Street, Springfield, OR 97477 | K-5 | 0.6 mi |
Hamlin Middle School 326 Centennial Boulevard, Springfield, OR 97477 | 6-8 | 0.8 mi |
Springfield High School 875 7th Street, Springfield, OR 97477 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 488 Main St
Estimate the Cost
Estimate the Cost for 488 Main St
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
- 972Sq. Ft.
Listed by Harcourts West Real Estate, Anna Chapman
- Multi-Family
- Active
- Updated 4 days ago
Listed by United Real Estate Properties, Lara Fernandez
- Townhouse
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,531Sq. Ft.
Listed by Keller Williams The Cooley Real Estate Group, Brian House and Keller Williams The Cooley Real Estate Group, Joshua Cooley
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,942Sq. Ft.
Listed by RE/MAX Integrity, Mary Shannon
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 2,003Sq. Ft.
Listed by Coldwell Banker Professional Group, Keri Warner
- Multi-Family
- Active
- Updated 4 days ago
Listed by Harcourts West Real Estate, Wendy Thomas
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
- 894Sq. Ft.
Listed by Knipe Realty ERA Powered, Taylor GeDeros
- Townhouse
- Active
- Updated 6 days ago
- 2Beds
- 1Total Bath
- 1,064Sq. Ft.
Listed by Trillionaire Realty, Christopher Lawrence
488 Main St, Springfield, OR 97477 (MLS# 352831896) is a Multi-Family property with 15 units containing 0 bedrooms and 0 full bathrooms. 488 Main St is currently listed for $4,950,000 and was received on January 28, 2025. Want to learn more about 488 Main St? Do you have questions about finding other Multi-Family real estate for sale in Downtown Springfield? You can browse all Downtown Springfield real estate or contact a Coldwell Banker agent to request more information.