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About the Listing 4672 - 104261
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.
Listing Highlights
Status
Active
Days on Site
60
Property Type
Residential
MLS ®
2548092
Year Built
1910
Total Square Footage
2,656
Lot/Acreage
0.15
County
Snohomish
Neighborhood
In Town - Monroe
School District
Monroe
Elementary School
Frank Wagner Elementary
Middle School
Monroe Middle
High School
Monroe High
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s)
- Air Cond:
- Heating: Forced Air
- Fireplaces: 2, Wood Burning,2 Fireplace
- Floor: Hardwood,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished
- Other: Dbl Pane/Storm Window,Dining Room,Fireplace,French Doors,Water Heater,Master on Main
- Water: City of Monroe
Exterior Details
- Lot Description: Curbs,Paved,Sidewalk,Built On Lot,Fenced-Fully,Patio
- Garage Capacity: N/A
- Parking Spaces: 2
- Roof: Composition
- Others: Wood,Good
- Sewer: City of Monroe
- Parking Features: Detached Garage
Financial Details
- Tax Amount: $4,948
- Taxes w/Assessments: N/A
- Tax/Property ID: 00517403800500
- Tax Year: 2025
Payment Calculator
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Questions About..
216 S Blakely St Monroe, WA 98272
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