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JRJeff ReynoldsCompass · Seattle

Listed by Paul Graf, RE/MAX Elite

4
Bedrooms
2
Bathrooms
2,656
Square feet
$273
Per sq ft
Single Family Residence
Type
1910
Year built
6,534 sq ft
Lot
57
Days on market

About this property

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 & commute

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Directions

Property details

Listing details

Listing number
#2548092
Listed
July 1, 2026
Days on market
57
Price per sq ft
$273

Unit & building

Unit levels
One

Parking

Parking
Detached Garage
Total spaces
2

Views

View
Territorial

Construction

Year built
1910
Style
16 - 1 Story w/Bsmnt.
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
ElectricNatural Gas

Interior features

Features
Dbl Pane/Storm WindowDining RoomFireplaceFrench DoorsWater Heater
Fireplaces
2
Fireplace type
Wood Burning

Flooring

Flooring
HardwoodCarpet

Appliances

Appliances
DishwasherDryerRefrigeratorStove(s)/Range(s)Washer

Lot

Lot features
CurbsPavedSidewalk
Lot size
6,534 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
City of Monroe
Sewer
City of Monroe
Power
PSE

Schools

District
Monroe
Elementary
Frank Wagner Elem
Middle
Monroe Mid
High
Monroe High

What stands out to you?

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  • One
  • Detached Garage
  • Territorial
  • House
  • Composition
  • Forced Air
  • None
  • Electric
  • Natural Gas
  • Dbl Pane/Storm Window
  • Dining Room
  • Fireplace

Listing history

  1. Listed

    $725,000

    July 1, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$4,222

Principal & interest
$3,666
Property tax (est.)
$556

Assumes $145,000 down (20%), a $580,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of August 28, 2026 at 3:03 AM PDT. 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.