216 S Blakely Street, Monroe, WA 98272

• 4 beds |
• 2 baths |
• 2,656 sqft

Property Description

Discover this beautifully restored 1910 Craftsman in the heart of Downtown Monroe, where historic charm meets modern versatility. Offering 2,640 sq. ft., this character-filled home showcases original hardwood floors, new windows, two cozy fireplaces, fresh interior paint, new carpet, updated bathrooms, and a bright, functional kitchen. The finished basement provides exceptional flexibility with a spacious rec room, full bath, and additional rooms ideal for bedrooms, a home office, gym, or hobby space. Outside, enjoy a large, fully fenced yard perfect for entertaining, pets, or gardening. A standout feature is the newer detached 529 sq. ft. ADU, built within the last six years, creating outstanding opportunities for multi-generational living, a private guest house, or investment income. The main home has a projected rental rate of approximately $3,500 per month, while the ADU offers an estimated $1,575 per month, for a combined potential income of $5,075 monthly. Whether you're searching for a primary residence with supplemental income, a multi-generational property, or a strong investment opportunity in one of Monroe's most desirable neighborhoods, this move-in-ready home delivers timeless character, modern updates, and exceptional income potential.

Listing Status:

Active

Data Last Updated:

July 6, 2026 at 3:19AM

Listing Office:

RE/MAX Elite : 360-863-3940

Listing Agent:

Paul Graf : 360-863-3940

MLS ID:

2548092

Interior

• General: Dbl Pane/Storm WindowDining RoomFireplaceFrench DoorsWater Heater
• Appliances: DishwasherDryerRefrigeratorStove(s)/Range(s)Washer
• Basement: Finished
• Flooring: HardwoodCarpet
• A/C: None
• Heating: Forced Air
• Fireplace: Wood BurningFireplaceFireplaces: 2

Exterior

• General: Wood
• Parking: Detached GarageParking spaces: 1

Construction

• Roofing: Composition
• General: One

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Monroe
• County: Snohomish

Lot

• Topography: Level
• Zoning: 00517403800500
• View: TerritorialView

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls