$725,000
216 Blakely Street
Monroe, WA 98272
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
Exterior features
Appliances
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
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.