All homes

$725,000

216 Blakely Street

Monroe, WA 98272

Active
Territorial view

Beds

4

Baths

2

Sq Ft

2,656

Lot

0.15 ac

Year built

1910

Type

Residential

Days listed

83

MLS #

2548092

About this home

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.

Interior features

Dbl Pane/Storm WindowDining RoomFireplaceFrench DoorsWater Heater

Exterior features

Wood

Appliances

DishwasherDryerRefrigeratorStove(s)/Range(s)Washer

Schools

Elementary

Frank Wagner Elem

Middle

Monroe Mid

High

Monroe High

Property details

Heating
Forced Air
Cooling
None
Flooring
Hardwood, Carpet
Parking
Detached Garage
View
Territorial
Lot
Curbs, Paved, Sidewalk
Water source
Public
Sewer
Sewer Connected
Levels
One
Fireplaces
2

Costs

Price / sq ft
$273
Annual taxes
$4,948 (2025)

Estimate your monthly payment

$4,078/mo

Principal & interest
$3,666
Property taxes
$412
Loan amount $580,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Monroe, WA 98272

Approximate location. Contact us to confirm the exact address.

Listing courtesy of RE/MAX Elite— Paul Graf.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.

No spam. We'll only reach out about your search.