About This Home

This 2-bedroom, 2-bathroom residential multi family at 488 Main St in Springfield, OR is listed for $4,950,000 ($369 per sqft). Built in 2024, the home offers 13,408 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 2024
  • 0.11 acre lot
  • 2 stories

Property Details

2 stories
2 full
2024

Amenities

ViewA/C
Listing 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.

Monthly Cost Estimate

$26,474/mo

20% down · 6.5% · 30 years

Principal$3,580
Interest$21,450
Insurance$1,444

Estimates only. Actual payments may vary.

Location

488 Main St

Springfield, OR 97477

Property Details

Views

City

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Questions & Answers

This 2-bedroom, 2-bathroom residential multi family at 488 Main St is listed at $4,950,000 ($369/sqft). The estimated monthly payment is $26,474 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2024, 0.11 acre lot, 2 stories.

This property is listed by Kristena Cox.

KC

Kristena Cox

Agent at Windermere Real Estate/Lane County

Listed by Windermere Real Estate/Lane County · Broker phone: (541) 484-2022 · View on Broker Site · Broker website

MLS# 352831896· Source: Regional Multiple Listing Services· 638 days on PropertySimple

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.

488 Main St, Springfield, OR 97477

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