#453065992, Javan Gray, Listing Office: Emerald Property Management In
Property details
About 488 Main St
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.
Highlights
Summary
- Attached Garage: No
- Parking: Street Parking
- View: City, Mountain(s)
- Heating: Heat Pump
- Cooling: Heat Pump
- List Price: $4,950,000
- Price/SqFt: $369
- Directions: Main St. to address. Located at corner of 5th & Main
- Year Built: 2024
- Stories: 2
- Living Area: 13,408 SqFt
- Lot Size: 0.11 Acres
- MLS Number: 352831896
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Windermere RE Lane County
- Office Phone: (541) 501-3399
- Listing Agent: Kristena Cox
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Last updated on: 5/18/2025, 8:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,950,000
488 Main St
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Price information
Property sales
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Tax history
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Nearby schools
4
Two Rivers - Dos Ríos Elementary School
Public District KG-5
0.6 mi
•1084 G St
3
Centennial Elementary School
Public District KG-5
1.4 mi
•1315 Aspen St
5
Maple Elementary School
Public District KG-5
1.5 mi
•2109 J St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,677. Residents of Springfield, OR typically earn less than $<35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 488 Main St
The listing price of 488 Main St property is $4,950,000.
The property 488 Main St is a house located in Springfield, Oregon, 97477.
Active Listing: 488 Main St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 488 Main St are: Two Rivers - Dos Ríos Elementary School (GreatSchools Rating 4/10), Centennial Elementary School (GreatSchools Rating 3/10), Maple Elementary School (GreatSchools Rating 5/10), Hamlin Middle School (GreatSchools Rating 3/10), Agnes Stewart Middle School (GreatSchools Rating 5/10), Briggs Middle School (GreatSchools Rating 3/10), Academy of Arts and Academics (GreatSchools Rating 8/10), Gateways High School (GreatSchools Rating 1/10), Springfield High School (GreatSchools Rating 3/10).
The property at 488 Main St has 0 bathroom.
The property 488 Main St is 13,408 SqFt (source: MLS/tax record).
The year of construction for 488 Main St is 2024.
This home is located at 488 Main St in Springfield, OR and zip code 97477 in the Downtown Springfield neighborhood. This 13,408 square foot home, which was built in 2024, sits on a 0.11 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 29, 2025 and is currently priced at $4,950,000.
In April 2025, from all listings sold in Springfield, OR there were more than 28 sold above asking price, over 18 sold below and more than 15 were sold right at the asked price. The inventory of homes for sale in Springfield, OR between March and April 2025 increased by 21.7%. In April 2025 median list price was $426,327 and the average listing age was 28 days.