236 SE STEPHENS ST, Roseburg, OR 97470

  • $584,000
  • $589,000

Overview

  • 4
    Bedrooms
  • 2
    Bathrooms
  • 2448 Sqft
    Property Size
  • 1875
    Year Built
  • SingleFamilyResidence, Residential
    Property Type
  • 221400910
    MLS#
  • 0.38 Acres
    Land Area
  • Coldwell Banker Professional
    Office Name
  • Tim Kaelin
    Agent Name

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!

Details

Updated on August 7, 2026 at 8:05 pm
  • MLS# 221400910
  • Price $584,000
  • Property Size 2448 Sqft
  • Land Area 0.38 Acres
  • Bedrooms 4
  • Bathrooms 2
  • Garage Size x x
  • Year Built 1875
  • Property Type SingleFamilyResidence, Residential
  • Property Status Active
  • Office Name Coldwell Banker Professional
  • Agent Name Tim Kaelin
  • Office Phone 503-538-0468

Additional details

  • Listing Terms Cash, Conventional, FHA, VALoan
  • Roof Composition
  • Sewer Public Sewer
  • Cooling Mini Split
  • Heating Mini Split
  • County Douglas
  • Property Type Residential
  • Elementary School Fullerton
  • Middle School Joseph Lane
  • High School Roseburg
  • Architectural Style Stories2, Victorian

Walkscore

Mortgage Calculator

Contact Information

Inquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

Disclaimer (Because Lawyers Are Fun):
RMLS The listings you see here are pulled from the RMLS IDX feed and are meant exclusively for your personal, non-commercial snooping pleasure. You can’t use this info to build a Zillow clone, stalk your ex’s new house, or anything shady. It’s just here to help you find your next place to live. The data is considered reliable, but let’s be real—mistakes happen, and RMLS doesn’t guarantee it's 100% accurate. Double-check the details before you fall in love with that “3-bedroom charmer” that turns out to be a 1-bedroom with a sketchy garage conversion. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, data is deemed reliable but is not guaranteed accurate by RMLS. All information provided is deemed reliable, but is not guaranteed and should be independently verified.

Compare listings

Compare