429 S 4th Avenue E, Ely, MN 55731

Ely
Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
429 S 4th Avenue E,Ely, MN 55731
$256,000
  • 7 Beds
  • 4 Baths
  • 3,900 sq. ft.
  • Multi-family
  • Active
Listed by: joseph tome, erin bowers
Office: grand properties real estate
MLS#:7064870
Source:ND_FMAAR

Price summary

  • Price:$256,000
  • Price per sq. ft.:$65.64

About this home

A piece of history set back on 3 city lots on the corner of 4th Avenue and James Street. This Triplex has been loved and cared for for over 30 years. The main floor has a 3 bedroom apartment and an efficiency apartment each with their own off street parking spots, kitchens, bathrooms, and access to the basement for separate laundry areas. The upstairs is a 4+ bedroom with in unit laundry and a huge attic space that could be storage or it has the potential to be 2 extra bedrooms and has amazing views. The yard is huge with a beautiful stone retaining wall on the south side, a big garden, blister-rust resistant white pines and a beautiful sugar maple tree. This property is easily customizable to combine the entire 1st level or add a bedroom to the efficiency. Grab yourself a piece of history and a rare cash flowing rental property in the amazing town of Ely!

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Home facts

  • Year built:1900
  • Listing ID #:7064870
  • Added:3 day(s) ago
  • Updated:May 04, 2026 at 02:59 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Basement:Yes
  • Living area:3,900 sq. ft.

Structure and exterior

  • Year built:1900
  • Building area:3,900 sq. ft.
  • Lot area:0.21 Acres
  • Lot Features:Corner Lot

Utilities

  • Water:City Water/Connected
  • Sewer:City Sewer/Connected

Finances and disclosures

  • Price:$256,000
  • Price per sq. ft.:$65.64
  • Tax amount:$3,902

Parking

  • Garage spaces:1

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