488 Main St

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Address: 488 Main St, Springfield, OR 97477, USA
Seattle & Northwest + Apartment Buildings
Created date: August 6, 2026
Date last updated: September 22, 2026
Price: $4,950,000Investment Analyzer NEW!

Property 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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $4,950,000
No. of Units: 15
Year Built: 2024
Lot Size: 13,408.00 Sq ft
Opportunity Zone: No
Price per unit: $330,000
Property Website Click Here
Number of Bedrooms: 2
Number of Bathrooms: 2
Address: 488 Main St, Springfield, OR 97477, USA
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