LKV Realty
Logo
Paul GrafRE/MAX Elite
$725,000
216 S Blakely Street, Monroe, WA 98272Listing ID 2548092

216 S Blakely Street, Monroe, WA 98272

Active
In Town - Monroe
Last updated: 2 days ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
2
Square Feet
Square Feet
2,656
Acres
Acres
0.15
Cooling
Cooling
None
Heating
Heating
Forced Air
Year Built
Year Built
1910
Parking
Parking
Detached Garage

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.

Property Information

Property Details

Location

Address
216 S Blakely Street
County
Snohomish
City
Monroe
Zip Code
98272
Subdivision
In Town - Monroe
School District
Monroe
High School
Monroe High
Elementary School
Frank Wagner Elem
MLS Area
750 - East Snohomish County

Interior Features

Beds and Baths

Bedrooms
4
Main Level Bedrooms
2
Full Bathrooms
2

Building

Building Information

Square Feet
2,656
Year Built
1910
Construction
Wood
Roof
Composition
Condition
Good

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$4,948
Tax Year
2025
Source: Northwest Multiple Listing Service
Northwest Multiple Listing Service logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 08:05 PM UTC. 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. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

For corrections to this data please contact Brytecore MLS Support.

NWM104261

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.