Ely MN Multi Family for Sale
$189,900
324 S 4th Ave E Ely, MN 55731
- Type:
- Triplex
- Sq.Ft.:
- 2,640
- Status:
- NEW LISTING
- Beds:
- 6
- Lot size:
- 0.12 Acres
- Year built:
- 1898
- Baths:
- 1.00
- MLS#:
- 6116254
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Courtesy: Keller Williams Classic Realty NW - Ely
763-463-7500
ADDITIONAL INFORMATION
Incredible investment opportunity by unlocking this historic 2.75 story homeâ??s potential! Much of original character is retained - 26 ft covered front porch, 9 ft ceilings, large windows, original interior doors & woodwork, hardwood floors & some vintage fixtures. Third level attic offers even more potential living space with 7â?? ceilings in 3 large rooms! Recent updates include roof, siding, main level windows, electrical service, plumbing, etc. 4 city lots, off-street parking, fully fenced yard, ideally located in heart of Ely. Originally built as Sec 30 hospital, moved to this site by horses, converted to a triplex & later, main level housed a childâ??s day care.
$215,000
32 W Shagawa Rd Ely, MN 55731
- Type:
- Duplex
- Sq.Ft.:
- 2,520
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.09 Acres
- Year built:
- 1910
- Baths:
- 1.00
- MLS#:
- 6115579
View additional info
Courtesy: Keller Williams Classic Realty NW - Ely
763-463-7500
ADDITIONAL INFORMATION
This property has received meticulous upkeep over the years. Home was used as a family home and then later as a duplex with a nice front entrance into a 4 season porch which can lead you upstairs to a comfortable living room, eat in kitchen, 2 bedroom-one with outdoor deck, full bath and plenty of storage. The main floor accents hardwood in living room, dining with built-ins, kitchen, 2 bedrooms with great closet space, full bath and side entrance. Patio area and beautiful perennials in the back yard along with a large storage shed and the yard is partially fenced. The 2 car garage has a nice work bench. Concrete driveway.
$330,000
143 Harvey Street Ely, MN 55731
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 6,250 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- 6565305
View additional info
Courtesy: z'Up North Realty, Inc.
218-827-2288
ADDITIONAL INFORMATION
Situated in the heart of Ely, MN — often hailed as one of the "Coolest Small Towns" and a gateway to the BWCA (Boundary Waters Canoe Area) you have an incredible investment opportunity! Perfect for short-term or long-term rentals the existing duplex with updated units is already generating steady income. Each unit has 2 BR/1BA and offers beautifully updated interiors, an attached garage, and laundry facilities. The roof was installed in 2019. Each unit is 748 sq. ft. The main house offers versatile opportunities — from creating a unique living space to setting up multiple rental units, Bed & Breakfast, or live in it yourself! It is gutted and ready for your imagination. Its former use was a 4-unit rental. Ely, MN is not just a small town; it’s a destination. With its historic charm, strong community, and influx of visitors year-round, investing in Ely means tapping into a market with consistent rental demand.
Andrea D. Conner, License # 40471694, Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
2024 Copyright 2024 Lake Superior Area REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Lake Superior Area REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Open House information is subject to change without notice. The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Ely Real Estate
The median home value in Ely, MN is $255,000. This is higher than the county median home value of $153,000. The national median home value is $219,700. The average price of homes sold in Ely, MN is $255,000. Approximately 55.49% of Ely homes are owned, compared to 27.87% rented, while 16.64% are vacant. Ely real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ely real estate agent to arrange a tour today!
Ely, Minnesota has a population of 3,425. Ely is less family-centric than the surrounding county with 19.43% of the households containing married families with children. The county average for households married with children is 26.75%.
The median household income in Ely, Minnesota is $36,179. The median household income for the surrounding county is $50,936 compared to the national median of $57,652. The median age of people living in Ely is 46.8 years.
Ely Weather
The average high temperature in July is 78.7 degrees, with an average low temperature in January of -5 degrees. The average rainfall is approximately 28.9 inches per year, with 64.6 inches of snow per year.