216 S Blakely Street · Monroe, WA 98272
Source: NWMLS · RE/MAX Elite · Paul Graf #NWM2548092
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.
Location
Basics
- Property type
- Single Family Residence
- Style
- 1 Story w/Bsmnt.
- Stories
- 1 story
- Condition
- Good
- Year built
- 1910
- Lot size
- 6,534 sq ft (0.15 acres)
- County
- Snohomish
- MLS #
- NWM2548092
Interior
- Heating
- Forced Air
- Cooling
- None
- Flooring
- Hardwood, Carpet
- Appliances
- Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
- Fireplace
- 2 · Wood Burning
- Interior features
- Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Water Heater
- Entry level
- Main
Exterior & lot
- Exterior features
- Wood
- Roof
- Composition
- Lot features
- Curbs, Paved, Sidewalk
- Topography
- Level
- View
- Territorial
- Waterfront
- No
Parking
- Parking spaces
- 2
- Garage
- Yes
- Parking features
- Detached Garage
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric, Natural Gas
Community & fees
- Subdivision
- In Town - Monroe
- Property tax
- $4,948 (2025)
Transaction
- Listed on
- Jul 1, 2026
- Days on market
- 81
- Price per sq ft
- $273
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2006-04-26
- Sold$340,000
- 2003-04-07
- Sold$204,950
Schools
School district: Monroe
- Elementary
- Frank Wagner Elem
- Middle
- Monroe Mid
- High
- Monroe High SchoolSchoolDigger 3 stars · Top 47% in WA

Listing provided courtesy of: RE/MAX Elite
Listing agent: Paul Graf.
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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-08-16.