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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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236 SE Stephens St , Roseburg, OR 97470
$575,000
Est. Payment: $2,936.62/mo
4 Bed
2 Bath
2448 Sqft
Status: Active | Days on site: 99
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CBPG10 - KAELINTI
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House 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!

Highlights

Listed by Tim Kaelin , 541-285-6080 Coldwell Banker Professional , 503-538-0468. Portland Regional Multiple Listing Service mls logo

Property Type

Residential

Lot/Acreage
0.38

Year Built

1875

County

Douglas

Area

251 - Douglas Co: NE Roseburg/inside Roseburg SD

Listing ID

221400910

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Microwave, Tile
Air Cond:MiniSplit
Fireplaces:Electric,Wood Burning
Basement:Crawl Space
Other:
  • Additional:Hardwood Floors, High Ceilings, Laundry, Soaking Tub, Vaulted Ceiling(s), Vinyl Floor, Wainscoting, Washer/Dryer
Water:Public Water

Exterior Features

Lot:Level,Seasonal
Garage Capacity:0
Zoning:C3
Roof:Composition
Others:
  • Additional:AccessoryDwellingUnit, Covered Deck, Covered Patio, Deck, Fenced, Fire Pit, Garden, Gazebo, Outbuilding, Patio, Porch, RV Parking, Second Residence, Sprinkler, Yard, Register of Historic Homes
Sewer:Public Sewer
Principal Interest
$2,937
Taxes
$46

Home Price

$575,000

Loan Details

30 yrs
6.596%

Down Payment

20%
$115,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,936.62

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,936.62 $45.54 $0.00 $2,982.16
Yearly $35,239.38 $546.54 $0.00 $35,785.92
Total $1,057,181.52 $16,396.20 $0.00 $1,073,577.72

Today's Rates

30 Year

6.6%

20 Year

6.33%

15 Year

6.05%

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Market insight data is pulled from the same city as the listing being viewed (Roseburg, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

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Data last updated: 2026-09-07T15:54:13.000Z

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