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For Sale:  Ely MLS# 6755734

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Active NEW!
$179,000
/mo Edit
Single Family:  2 Stories
4 br • 2 ba • Built 1915
1,496 sqft • 0.43 acres
Ely schools
MLS# 6755734
763-576-8286
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    Property Description

    Spacious 4-Bed, 2-Bath Family Home in Ely, MN – With Income Potential! Welcome to this versatile home located on the east end of Ely—perfect for growing families or those looking to offset their mortgage with rental income. This property offers two fully functional living spaces, with a kitchen and living room on both floors. Ideal for multi-generational living, a mother-in-law suite, or a long-term or short-term rental. Restored maple flooring adds warmth and charm throughout, newer tip-out windows bring in natural light and are easy to clean. Sitting on five city lots, there's ample space for kids to play, gardening, or building a future garage or workshop. Located in a residential area close to schools, parks, and downtown Ely. Live comfortably on the main floor and rent out the upper level for extra income. Great opportunity to own a home with built-in rental flexibility Could also serve as a seasonal cabin or vacation rental (VRBO, Airbnb). A great opportunity!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $179,000
    Price per sq ft: $120
    Property Type: Single Family
    City: Ely
    Garage Spaces: 0
    County: St. Louis
    Year Built: 1915
    State: MN
    Property Style: 2 Stories
    Zip Code: 55731
    Subdivision Name: Whiteside Park Add To Ely

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 1,496 ft2
    Total Fireplaces: 0
    Living Area: 1,496 ft2
    Common Wall: No
    Appliances Included:
    • Exhaust Fan
    • Microwave
    • Range
    • Refrigerator
    Basement Details:
    • Block
    • Full

    Exterior

    Stories: Two
    Garage Spaces: 0
    Garage Dimensions: 0
    Other Parking Spaces: 2
    Air Conditioning: None
    Foundation Size: 748 ft2
    Foundation Dimensions: 22x34
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Hot Water
    Parking Features:
    • Gravel
    • Open
    Road Frontage: City Street
    Exterior Material: Vinyl Siding
    Roof Details: Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 2
    Half Baths: None
    3/4 Baths: None
    Bathroom Details:
    • Main Floor Full Bath
    • Upper Level Full Bath
    Dining/Kitchen: Informal Dining Room
    Upper Level Size Sq Ft
    Bedroom 3  14'8 x 8'8  112 
    Bedroom 4  14 x 9'5  126 
    Bedroom 5  14'8 x 8'8  112 
    Main Level Size Sq Ft
    Living Room  12'6 x 13  156 
    Dining Room  11'6 x 8  88 
    Kitchen  10 x 12  120 
    Bedroom 1  8 x 9  72 
    Bedroom 2  10'7 x 8  80 

    Lot & Land

    Acres: 0.43
    Geolocation: 47.902414, -91.850615
    Lot Dimensions: 125 x 150
    Zoning: Residential-Single Family
    Lot Description: Corner Lot

    Schools

    School District: 696
    District Phone: 218-365-6166

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,983
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $3,068
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fire Number: 1027
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: City of Ely

    Mortgage Calculator

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Vermilion Land Office, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.