# 488 Main St, Springfield, OR 97477

> **TL;DR:** 2bd/2ba residential multi family, $4,950,000 ($369/sqft), built 2024, 13,408 sqft.
> View, A/C. Est. $26,474/mo. Listed 600 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,950,000 |
| Price/sqft | $369 |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Square Feet | 13,408 |
| Year Built | 2024 |
| Lot Size | 4,792 sqft (0.11 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 600 |

## Why This Home Stands Out

- **Views** - City

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $25,030 |
| Estimated Insurance | $1,444 |
| **Total** | **$26,474** |

## Nearby Schools

- **Middle:** Springfield

## Key Amenities

- View
- A/C

## Property Highlights

- Built in 2024
- 0.11 acre lot
- 2 stories

## Description

### Agent 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.

## Location

- **Address:** 488 Main St, Springfield, OR 97477
- **County:** Lane
- **Coordinates:** 44.046234, -123.019771
- **Google Maps:** https://www.google.com/maps?q=44.046234,-123.019771

## Listing Agent

- **Name:** Kristena Cox
- **Brokerage:** Windermere Real Estate/Lane County
- **Phone:** 5415013399
- **Broker Phone:** (541) 484-2022
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/488-Main-St_Springfield_OR_97477_M95708-65104?f=listhub&s=RMLSOR&m=352831896&c=propsimple)

## Photos

![488 Main St - Photo 1](http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f540868466r.jpg)

![488 Main St - Photo 2](http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f1846552652r.jpg)

![488 Main St - Photo 3](http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f1073860567r.jpg)

![488 Main St - Photo 4](http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f2125817869r.jpg)

![488 Main St - Photo 5](http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f73602477r.jpg)

![488 Main St - Photo 6](http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f1863027808r.jpg)

![488 Main St - Photo 7](http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f276230704r.jpg)

![488 Main St - Photo 8](http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f314202104r.jpg)

![488 Main St - Photo 9](http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f1562671161r.jpg)

![488 Main St - Photo 10](http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f2673972914r.jpg)

![488 Main St - Photo 11](http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f1760413188r.jpg)

![488 Main St - Photo 12](http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f2313359502r.jpg)

![488 Main St - Photo 13](http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f2490358537r.jpg)

![488 Main St - Photo 14](http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f600584764r.jpg)

![488 Main St - Photo 15](http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f3579111045r.jpg)

![488 Main St - Photo 16](http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f3329350592r.jpg)

![488 Main St - Photo 17](http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f279611455r.jpg)

![488 Main St - Photo 18](http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f2637609743r.jpg)

![488 Main St - Photo 19](http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f2532295601r.jpg)

---

**MLS#:** 352831896 | **Updated:** 2026-07-10
**Source:** listhub

*Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/488-main-st-springfield-or-97477-52831896)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "@id": "https://www.propertysimple.ai/listing/488-main-st-springfield-or-97477-52831896#listing",
  "url": "https://www.propertysimple.ai/listing/488-main-st-springfield-or-97477-52831896",
  "name": "488 Main St, Springfield, OR 97477",
  "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.",
  "image": [
    "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f540868466r.jpg",
    "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f1846552652r.jpg",
    "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f1073860567r.jpg",
    "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f2125817869r.jpg",
    "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f73602477r.jpg",
    "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f1863027808r.jpg",
    "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f276230704r.jpg",
    "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f314202104r.jpg",
    "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f1562671161r.jpg",
    "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f2673972914r.jpg",
    "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f1760413188r.jpg",
    "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f2313359502r.jpg",
    "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f2490358537r.jpg",
    "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f600584764r.jpg",
    "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f3579111045r.jpg",
    "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f3329350592r.jpg",
    "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f279611455r.jpg",
    "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f2637609743r.jpg",
    "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f2532295601r.jpg"
  ],
  "primaryImageOfPage": {
    "@type": "ImageObject",
    "url": "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f540868466r.jpg",
    "caption": "488 Main St - Springfield, OR"
  },
  "datePosted": "2025-01-28T00:00:00+00:00",
  "dateModified": "2026-07-10T09:32:18.057985+00:00",
  "mainEntity": {
    "@type": "Accommodation",
    "@id": "https://www.propertysimple.ai/listing/488-main-st-springfield-or-97477-52831896#property",
    "name": "488 Main St, Springfield, OR 97477",
    "address": {
      "@type": "PostalAddress",
      "streetAddress": "488 Main St",
      "addressLocality": "Springfield",
      "addressRegion": "OR",
      "postalCode": "97477",
      "addressCountry": "US"
    },
    "geo": {
      "@type": "GeoCoordinates",
      "latitude": 44.046234,
      "longitude": -123.019771
    },
    "image": [
      "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f540868466r.jpg",
      "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f1846552652r.jpg",
      "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f1073860567r.jpg",
      "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f2125817869r.jpg",
      "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f73602477r.jpg",
      "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f1863027808r.jpg",
      "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f276230704r.jpg",
      "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f314202104r.jpg",
      "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f1562671161r.jpg",
      "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f2673972914r.jpg",
      "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f1760413188r.jpg",
      "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f2313359502r.jpg",
      "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f2490358537r.jpg",
      "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f600584764r.jpg",
      "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f3579111045r.jpg",
      "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f3329350592r.jpg",
      "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f279611455r.jpg",
      "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f2637609743r.jpg",
      "http://lh.rdcpix.com/28283ab51fac7eeeaf49298a334ff244l-f2532295601r.jpg"
    ],
    "identifier": {
      "@type": "PropertyValue",
      "propertyID": "MLS",
      "value": "352831896"
    },
    "accommodationCategory": "Other",
    "numberOfBedrooms": 2,
    "numberOfBathroomsTotal": 2,
    "numberOfFullBathrooms": 2,
    "floorSize": {
      "@type": "QuantitativeValue",
      "value": 13408,
      "unitCode": "FTK",
      "unitText": "square feet"
    },
    "yearBuilt": 2024,
    "amenityFeature": [
      {
        "@type": "LocationFeatureSpecification",
        "name": "Heating",
        "value": "Heat Pump (Heating)"
      },
      {
        "@type": "LocationFeatureSpecification",
        "name": "Cooling",
        "value": "Heat Pump"
      },
      {
        "@type": "LocationFeatureSpecification",
        "name": "Views",
        "value": "City"
      },
      {
        "@type": "LocationFeatureSpecification",
        "name": "Air Conditioning",
        "value": true
      },
      {
        "@type": "LocationFeatureSpecification",
        "name": "View",
        "value": true
      }
    ],
    "additionalProperty": [
      {
        "@type": "PropertyValue",
        "name": "Lot Size",
        "value": "0.11 acres"
      },
      {
        "@type": "PropertyValue",
        "name": "Stories",
        "value": 2
      },
      {
        "@type": "PropertyValue",
        "name": "Property Subtype",
        "value": "Other"
      }
    ]
  },
  "offers": {
    "@type": "Offer",
    "@id": "https://www.propertysimple.ai/listing/488-main-st-springfield-or-97477-52831896#offer",
    "url": "https://www.propertysimple.ai/listing/488-main-st-springfield-or-97477-52831896",
    "price": 4950000,
    "priceCurrency": "USD",
    "businessFunction": "http://purl.org/goodrelations/v1#Sell",
    "availability": "https://schema.org/InStock",
    "seller": {
      "@id": "https://www.propertysimple.ai/listing/488-main-st-springfield-or-97477-52831896#agent"
    }
  },
  "provider": {
    "@type": "Person",
    "@id": "https://www.propertysimple.ai/listing/488-main-st-springfield-or-97477-52831896#agent",
    "name": "Kristena Cox",
    "telephone": "5415013399",
    "worksFor": {
      "@type": "Organization",
      "@id": "https://www.propertysimple.ai/listing/488-main-st-springfield-or-97477-52831896#brokerage",
      "name": "Windermere Real Estate/Lane County",
      "telephone": "(541) 484-2022"
    }
  }
}
```