Active · Residential

216 S Blakely Street , Monroe, WA 98272-2203

Monroe, WA 98272

$725,000

4 bedrooms · 2 bathrooms · 2,656 sq ft

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Listing provided by RE/MAX Elite · MLS #2548092 · Active

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About this property

Charming 1910 Craftsman with Detached ADU in Downtown Monroe, WA — Income Potential Over $5,000/Month Welcome home to this beautifully restored 1910 Craftsman in the heart of Downtown Monroe, WA — a rare blend of historic character and modern income potential. This 2,640 sq. ft. home has been thoughtfully updated with original hardwood floors, new windows, two cozy fireplaces, fresh interior paint, new carpet, updated bathrooms, and a bright, functional kitchen — all just steps from Monroe's shops, restaurants, and downtown charm. The finished basement adds exceptional versatility, with a spacious rec room, full bath, and flexible bonus rooms perfect as extra bedrooms, a home office, gym, or hobby space. Step outside to a large, fully fenced backyard — ideal for entertaining, pets, or gardening — and discover the true showstopper: a detached 529 sq. ft. ADU (Accessory Dwelling Unit), built within the last six years. This move-in-ready guest house opens the door to multi-generational living, a private space for extended family, or a proven rental income stream. Income Potential: Main home: ~$3,500/month ADU: ~$1,575/month Combined potential income: $5,075/month Whether you're an investor seeking cash flow, a family wanting multi-generational flexibility, or a buyer looking for a primary residence with built-in rental income, this Monroe gem checks every box. Schedule your private showing today — homes with income-producing ADUs in Downtown Monroe don't last long.

Property details

Property type: Single Family Residence
Year built: 1910
Lot size: 6,534 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $4,948 (2025)
Parking spaces: 2
School district: Monroe

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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