# 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 529 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 | For Sale |
| Days on Market | 529 |

## 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 RE Lane County
- **Phone:** 5415013399

## Primary Photo

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

*19 total photos available on [listing page](https://www.propertysimple.ai/listing/488-main-st-springfield-or-97477-52831896)*

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**MLS#:** 352831896 | **Updated:** 2026-08-01
**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

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  "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.",
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