236 SE STEPHENS ST, Roseburg, OR 97470

$575,000
4
BD
2
BA
2,448
SqFt

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List Price
$575,000
Price Change
▼ $9,000 1786151908
Days on Market
119
Status
ACTIVE
MLS#
221400910
Bedrooms
4
Bathrooms
2
Living Area
2,448
Lot Size
15, 000 to 19, 999 SqFt
Region
Douglas Co: NE Roseburg/inside Roseburg SD

Property Description

**INVESTOR ALERT-HIGH FUNCTIONING SHORT TERM RENTAL** Rare investment opportunity with exceptional income potential. The iconic 1875 Historic John Rast House offers a unique opportunity for a premier short-term rental, boutique lodging concept, mixed-use investment, or distinctive commercial venture. Ideally located minutes from downtown Roseburg with quick access to I-5, Hwy 42, and Hwy 138, the property is well positioned to attract travelers, business professionals, wedding guests, and outdoor enthusiasts. Listed on the National Register of Historic Places, the property also benefits from a valuable property tax abatement, enhancing long-term returns. Situated on a beautifully landscaped .38-acre lot, the Gothic Revival home showcases covered porches, balconies, steep gables, and timeless architectural details that create an unforgettable guest experience. Extensively restored in 2020, major improvements include a new foundation, roof, gutters, electrical, plumbing, insulation, paint, and HVAC mini-splits, providing modern reliability while preserving historic charm. Original hardwood floors, crown molding, period fixtures, spacious gathering areas, a formal dining room, and three large bedrooms deliver the character today's guests seek. A detached ADU provides additional flexibility for guest accommodations, long-term rental income, or on-site management. The fully fenced property also features a gated entry, abundant off-street parking, RV/EV accommodations, covered gazebo, mature landscaping, and multiple storage buildings. Versatile C3 zoning allows for a wide variety of commercial and residential uses, creating endless possibilities for investors. Whether you're expanding your portfolio or creating Roseburg's next destination stay, this landmark property combines historic character, tax advantages, modern updates, and exceptional income potential in one truly unforgettable offering. ASK YOUR AGENT FOR THE FINANCIALS!

Additional Information

Tax Amount
$546
Year Built
1875
High School
Roseburg
Elementary School
Fullerton
Middle School
Joseph Lane
Fireplaces Total
3
Acres
0.38
Living Area
2,448
Stories
2
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA, VA Loan
Master Bedroom Level
Upper
Cooling Description
Mini Split
Fireplace Description
Electric, Wood Burning
Fuel Description
Electricity
Heating Description
Mini Split
Hot Water Description
Electricity
Exterior Description
Cedar, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
2 Story, Victorian
View
City, Trees/Woods
Security Or Entry
Entry, Security Lights, Security System, Sidewalk
Road Surface
Paved
Exterior Features
Accessory Dwelling Unit, Covered Deck, Covered Patio, Deck, Fenced, Fire Pit, Garden, Gazebo, Outbuilding, Patio, Porch, RV Parking, Second Residence, Sprinkler, Yard
Interior Features
Hardwood Floors, High Ceilings, Laundry, Soaking Tub, Vaulted Ceiling(s), Vinyl Floor, Wainscoting, Washer/Dryer
Kitchen Appliances
Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Microwave, Tile

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Professional.

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