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4 Beds
2 Baths
2,448 sqft

$575,000

236 SE STEPHENS ST, Roseburg OR, 97470

Price per sqft$234.89
Built in1875
Property size2,448 sqft
Property typeResidential
Listing Courtesy of Coldwell Banker Professional, Tim Kaelin. 541-285-6080

Overview

Active

Listed Apr 30, 2026

Updated Aug 8

**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!

$3,825/mo

Est. mortgage payment based on a $575,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
221400910

Interior Features

Bedrooms
4
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.38 Acres

Other Property Details

Taxes
$547
Tax Frequency
Annually
View
Yes
55+/Senior Community
No
MLS provider logo

Listing Courtesy of Coldwell Banker Professional, Tim Kaelin. 541-285-6080

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Independent Broker Collective are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 8/8/2026, 2:53 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

Listing content is copyright © 2026 RMLS™, Portland, Oregon. All rights reserved.

 

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