429 S 4th E Avenue, Ely, Minnesota 55731

MN, Ely
$246,000
  • 7 Beds
  • 4 Bath
  • Residential Income Property Type
  • 1900 Year Built
  • Active Status
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Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

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!

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 7064870
  • Price: $246,000
  • Year Built: 1900
  • Listing Status: Active
  • Office Name: GRAND PROPERTIES REAL ESTATE
  • Property Sub Type: Triplex
  • Roof: Asphalt,Age 8 Years or Less
Features
  • Heating System Boiler,Radiator
  • Basement Full
  • Exterior Features Fiber Board
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County St. Louis
  • City Ely
  • Zipcode 55731
  • Street: 4th
  • Street Number: 429
  • Street Suffix: Avenue
  • Longitude: W92° 8' 19.1''
  • Latitude: N47° 53' 52.7''
  • Directions: From Ely take Sheridan St and turn South on 4th Ave. Property is on the corner of 4th Ave and James St.
  • Street Dir Prefix: S
  • Street Dir Suffix: E
Neighborhood
  • High School District: Ely
MLS Addon
  • Office Name: GRAND PROPERTIES REAL ESTATE
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Building Size: 3900
  • Construction Materials: Post and Beam
  • Electric: 100 Amp Service
  • Foundation Details: Stone
  • Garage: 1
  • Levels: More Than 2 Stories
  • Lot Features: Corner Lot
  • Lot Size Dimensions: 125x75x125x75
  • Number Of Units Total: 3
Financial
  • Tax Annual Amount: 3902
Listing Information
  • Co List Agent Mls Id: 501000632
  • Co List Office Mls Id: 27579
  • Co List Office Name: GRAND PROPERTIES REAL ESTATE
  • List Agent Mls Id: 501000585
  • List Office Mls Id: 27579
  • Modification Timestamp: 2026-08-01T00:41:06Z
  • Originating System Name: NorthStar
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