$725,000
Est. $3,727/mo4 bd•2 ba•2,656 sq ft
216 S Blakely Street, Monroe, WA 98272
• Listed 2026-07-01•13 days on market
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Based on information submitted to the MLS GRID as of August 16, 2026 at 02:12pm (date and time MLS GRID Data was obtained). 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.
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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.
Listed by Paul Graf • RE/MAX Elite
Listing updated: August 16, 2026 at 02:12pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2548092
$730,000
+$5,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $640K and $875K.
Rental earnings
$2,200/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$700,000Last sold price
304 S Lewis Street, Monroe, WA 98272

$640,000Last sold price
19722 146th St Se, Monroe, WA 98272
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
216 S Blakely Street, Monroe, WA 98272
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
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$4,320 per month
Great rateTakes about 5 minutes & won't affect your credit
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Monroe is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 10 days.
$515,000 Sold
3 months ago
3 bd•1 ba•~1,033 sq ft•Single Family
234 S Ferry Avenue, Monroe, WA 98272
2%
Under list
—
Days on market
0.1 mi
Distance
$648,000 Sold
5 months ago
3 bd•2.5 ba•~1,619 sq ft•Single Family
18018 W Columbia Street, Monroe, WA 98272
4%
Over list
—
Days on market
0.8 mi
Distance
$690,000 Sold
6 months ago
4 bd•2 ba•~1,920 sq ft•Single Family
620 North Street, Monroe, WA 98272
8%
Under list
—
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Aug 2026
Monroe School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.