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Listing courtesy of RE/MAX ElitePaul Graf · 425-205-8810 · paul@paulgraf-properties.com
Courtesy of NWMLS
Active
216 S Blakely Street , Monroe, WA 98272-2203
Monroe, WA 98272 · MLS# 2548092
$725,000
- 4 beds
- 2 baths
- 2,656 sq ft
- Built 1910
Thinking of running this as an adult family home? The calculator takes the price and the area and works out cash flow and payback from your own costs.
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.
Details
- Status
- Active
- MLS number
- 2548092
- Property type
- Residential
- Lot size
- 6,534 sq ft
- Cumulative days on market
- 64
- County
- Snohomish
- Style
- Single Family Residence
- Levels
- One
- Basement
- Finished
- Heating
- Forced Air
- Cooling
- None
- Appliances
- Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
- Flooring
- Hardwood, Carpet
- Parking
- Detached Garage
- View
- Territorial
- New construction
- No
- Annual property tax
- 4948
- Tax year
- 2025
Listing data and disclosures
Listings courtesy of Northwest MLS as distributed by MLS GRID.
This icon marks listings provided courtesy of the Northwest Multiple Listing Service (NWMLS).
Some IDX listings have been excluded from this website. This site shows homes listed for sale in King and Snohomish counties within the last 30 days, excluding manufactured homes, and listings anywhere in Washington that are licensed adult family homes on the DSHS list, mention adult family home use, or are single-storey houses suited to it.
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Displayed by Henos Adhana, licensed Washington real estate broker #25016434, eXp Realty. To report an error in this information, call (206) 203-4944 or email home@henosadhana.com.