488 Main St Springfield, OR 97477
MULTI_FAMILY - Springfield, OR
- Added:
- Jan 28, 2025
- Days on Market:
- 530
- Last Refresh:
- Jul 12 at 4:06 am
Property Features for 488 Main St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MUC
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1
- Standard status
- Active
- APN
- 0313641
- Size
- 13,408 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Description
- To be provided by escrow
- Tax Annual Amount
- 11467
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump
Building Details
- Year built
- 2024
- Floors in Building
- 2
- Number of units
- 15
- Roof type
- Membrane
Listing agent Kristena Cox (541) 501-3399
Listing office Windermere RE Lane County 1600 Oak St., Eugene, OR (541) 484-2022
Listing date Jan 28, 2025
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The building is located at 488 Main St in Springfield, Oregon. The property is listed with zoning MUC, and totals 13,408 square feet on a 0.11-acre lot.
A 10-year property tax freeze is included for the apartment portion of the property, excluding the commercial units. Lease-up has just begun, and the seller will lease back any apartment unit that is not leased by closing.
Key Highlights
- Completed in December 2024: 12 townhouse‑style apartment units on the second floor, plus two retail spaces and one live/work unit
- 10‑year property tax freeze on apartments (excludes commercial units)
- Heat pump heating and heat pump cooling
