Active

488 Main ST

Springfield OR, 97477

$4,950,000


$369.18 per sqft

Active

2 Beds

2 Baths

13,408 sqft

Multi-family

Built in 2024

Courtesy of Windermere RE Lane County

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.

352831896

MLS ID

January 28, 2025

Listed

February 6, 2025

Updated

Map

488 Main ST
Springfield OR, 97477

Interior Features

Total Stories

2


Bedrooms

2


Total Bathrooms

2


Full Bathrooms

2


Fireplace

No


Cooling

Yes


Cooling Description

Heat Pump


Heating

Yes


Heating Description

Heat Pump

Exterior/Building Features

Lot Size

0.11 Acres


Roof

Membrane


Sewer

Public Sewer

Other Property Details

Area Name

_249


Taxes

$11,467


Tax Frequency

Annually


Days on Market

9


Garage

No


Parking

Off Site


View

Yes


View Description

City, Mountain


County

Lane


Water Source

Public Water


Pool

No


Zoning

MUC

Listing Courtesy of Windermere RE Lane County, Kristena Cox. 541-501-3399

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Made Out West Land Co. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 2/6/2025, 8:56 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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