488 Main ST

Springfield, 97477

  • 2 Bed

  • 2 Bath

  • 13408 SqFt

  • 172 DOM

  • Built: 2024

  • Status: Active

$4,950,000

X

488 Main ST

Springfield 97477

$4950000

  • 2 Bed

  • 2 Bath

  • 13408 SqFt

  • 172 DOM

  • Built: 2024

  • Status: Active

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Krishna Regupathy

Principal Broker

(503) 893-8874

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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Residence Information

  • 13408

  • 2

  • 2

  • Membrane

  • OffSite

  • 2

  • 2024

  • No

  • Brick

  • Slab

Features and Utilities

  • HeatPump

  • Recirculating, Tankless

  • HeatPump

  • PublicSewer

  • Recirculating, Tankless

  • Electricity

Financial

  • 11466.55

  • Sewer,TrashCollection,Water

  • CallListingAgent,Cash,Conventional

  • 01-28-2025

  • No

  • No

Comparable Information

  • 172

  • 172

  • CallListingAgent,Cash,Conventional

  • $4,950,000

  • $4,950,000

  • Jul 19, 2025 01:29

Schools

public Middle : Springfield 2/10 Ratings

Map

Listing courtesy of Windermere RE Lane County.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: Jul 19, 2025 15:30 | Listing last modified Jul 19, 2025 01:29. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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