236 SE Stephens St,Roseburg, OR 97470
Roseburg, OR 97470
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
| MLS # | 221400910 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1875 |
| Days On Site | 182 |
| Listing Provided By | Coldwell Banker Professional | Tim Kaelin |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,448 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | C3 |
| Acreage | 0.38 |
| Property View | City, TreesWoods |
Interior
| Heating | Mini Split |
|---|---|
| Heating Yn | Yes |
| Cooling | Mini Split |
| Cooling Yn | Yes |
| Interior Features | Hardwood Floors, High Ceilings, Laundry, Soaking Tub, Vaulted Ceiling, Vinyl Floor, Wainscoting, Washer Dryer |
| Window Features | Wood Frames |
| Appliances | Dishwasher, Free Standing Range, Free Standing Refrigerator, Microwave, Tile |
Exterior
| Exterior Features | Accessory Dwelling Unit, Covered Deck, Covered Patio, Deck, Fenced, Fire Pit, Garden, Gazebo, Outbuilding, Patio, Porch, RVParking, Second Residence, Sprinkler, Yard |
|---|---|
| Roof | Composition |
| Security Features | Entry, Security Lights, Security System, Sidewalk |
| Foundation Details | Concrete Perimeter |
| Lot Features | Level, Seasonal |
Parking
| Attached Garage Yn | No |
|---|
Taxes
| Property | 546 |
|---|
Area Information
| State | OR |
|---|---|
| County | Douglas |
| City | Roseburg |
| Zip Code | 97470 |
| School District | Roseburg |
| Elementary School | Fullerton |
| High School | Roseburg |
| Listing VS Median (in 97470) | |
Price: $575,000 low | high Med: $389,000 sqft: 2,448 low | high Med: 1,660 $ / sqft: $235 low | high Med: $234 On site: 182 low | high Med: 7 | |
Market Activity 97470
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Learn More About This Property
| State | OR |
|---|---|
| County | Douglas |
| City | Roseburg |
| Zip Code | 97470 |
| School District | Roseburg |
| Elementary School | Fullerton |
| High School | Roseburg |
| Listing VS Median (in 97470) | |
Price: $575,000 low | high Med: $389,000 sqft: 2,448 low | high Med: 1,660 $ / sqft: $235 low | high Med: $234 On site: 182 low | high Med: 7 | |
