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 details based on information submitted to the MLS GRID as of Thursday, July 2, 2026 5:02 AM.
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.
Listing information is provided by the listing agent except as follows: BuilderB indicates
that our system has grouped this listing under a home builder name that doesn't match
the name provided
by the listing broker. DevelopmentD indicates
that our system has grouped this listing under a development name that doesn't match the name provided
by the listing broker.