216 S Blakely Street, Monroe, WA 98272

$725,000
4
BD
2
BA
2,656
SqFt

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Listing courtesy of RE/MAX Elite.

List Price
$725,000
Status
ACTIVE
MLS#
2548092
Days on Market
70
Bedrooms
4
Finished SqFt
2,656
Area Total SqFt
2656
Annual Tax Ammount
4948
Lot Size (sq ft)
6,534
Fireplace
Yes
Sewer
Sewer Connected

Property Description

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.

Additional Information

Community
In Town - Monroe
Style
16 - 1 Story w/Bsmnt.
Basement
Finished
Year Built
1910
View
Territorial
Roof
Composition
Site Features
Fenced-Fully, Patio
Tax Year
2025
School District
Monroe
Elementary School
Frank Wagner Elem
Middle School
Monroe Mid
High School
Monroe High
Potential Terms
Cash, Conventional, FHA, VA Loan
Interior Features
Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Water Heater
Flooring
Hardwood, Carpet
Driving Directions
From Hwy 2 go South on Lewis St, West one block on Main Street and south about a block on S. Blakely St.
Appliance
Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Water Heater Location
Basement
Water Heater Type
Gas
Energy Source
Electric, Natural Gas
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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