488 Main St
Springfield, OR 97477
- 13 Beds
- 13 Baths
- 13,408 sqft
13 Beds
13 Baths
13,408 sqft
Local Information
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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.
Home Highlights
Parking
No Info
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$369
Listed
180+ days ago
Last check for updates: about 11 hours ago
Listing courtesy of Kristena Cox, (541) 501-3399
Windermere RE Lane County
Source: RMLS (OR), MLS#352831896

Home Details for 488 Main St
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 13Number of Bathrooms: 13Number of Bathrooms (full): 13 |
Dimensions and Layout Living Area: 13408 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Refrigerator, Recirculating Water Heater, Tankless Water HeaterDishwasherLaundry: Common AreaRefrigerator |
Heating & Cooling Heating: Heat PumpHas CoolingAir Conditioning: Heat Pump,Air ConditioningHas HeatingHeating Fuel: Heat Pump |
Levels, Entrance, & Accessibility Stories: 2Accessibility: Handicap Access |
View Has a ViewView: City, Mountain(s) |
Security Security: Entry, Fire Escape, Fire Sprinkler System |
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Exterior Home Features Roof: MembranePatio / Porch: DeckFoundation: Slab |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Off Site |
Frontage Road Surface Type: Concrete |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 180+ |
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Year Built Year Built: 2024 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: BrickNot Attached Property |
Property Information Condition: New ConstructionParcel Number: 0313641 |
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Price List Price: $4,950,000Price Per Sqft: $369 |
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Direction & Address City: Springfield |
School Information Jr High / Middle School: Springfield |
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Listing Agent Listing ID: 352831896 |
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Building Area Building Area: 13408 Square Feet |
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Community Features: All Landscaping, Laundry |
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Lot Area: 4791.6 sqft |
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Listing Terms: Call Listing Agent, Cash, Conventional |
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Rent Includes: Sewer, Trash Collection, Water |
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Mls Number: 352831896Attribution Contact: 541-501-3399 |
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All LandscapingLaundry |
Price History for 488 Main St
| Date | Price | Event | Source |
|---|---|---|---|
| 01/29/2025 | $4,950,000 | Listed For Sale | RMLS (OR) #352831896 |
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Comparable Sales for 488 Main St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.24 | Multi-Family Home | $900,000 | 07/22/25 | 12 | 6 | 5,610 | |
0.79 | Multi-Family Home | $491,400 | 07/11/25 | 5 | 3 | 2,364 | |
1.06 | Multi-Family Home | $434,500 | 10/01/25 | 8 | 4 | 3,432 | |
1.25 | Multi-Family Home | $700,000 | 11/07/25 | 8 | 4 | 3,520 | |
1.42 | Multi-Family Home | $425,000 | 02/25/26 | 6 | 6 | 2,652 | |
1.42 | Multi-Family Home | $450,000 | 09/15/25 | 6 | 6 | 1,920 | |
1.41 | Multi-Family Home | $422,000 | 10/03/25 | 4 | 3 | 1,972 | |
1.34 | Multi-Family Home | $385,000 | 07/24/25 | 4 | 2 | 1,614 | |
1.60 | Multi-Family Home | $510,000 | 04/13/26 | 5 | 2 | 2,272 |
Assigned Schools
These are the assigned schools for 488 Main St.
What Locals Say about Springfield
At least 435 Trulia users voted on each feature.
88 % Say it's dog friendly
83 % Say there are sidewalks
81 % Say parking is easy
77 % Say car is needed
77 % Say there's holiday spirit
75 % Say yards are well-kept
72 % Say kids play outside
59 % Say it's walkable to grocery stores
57 % Say it's walkable to restaurants
57 % Say people would walk alone at night
55 % Say streets are well-lit
52 % Say it's quiet
51 % Say neighbors are friendly
46 % Say they plan to stay for at least 5 years
38 % Say there's wildlife
20 % Say there are community events
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kristena Cox, Windermere RE Lane County
Agent Phone: (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 Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon.
This content last updated on 2026-05-07 14:59:11 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
488 Main St, Springfield, OR 97477 is a 13 bedroom, 13 bathroom, 13,408 sqft multi-family built in 2024. This property is currently available for sale and was listed by RMLS (OR) on Jan 29, 2025. The MLS # for this home is MLS# 352831896.

