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Ely, NV Multifamily Homes & Duplexes for Sale

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  • /29

    $549,000

    • 3,732 Sq Ft

    1300 Lyons Ave, Ely, NV 89301

    Investment property at its finest! 4 plex with a unit in the basement. Beautiful brick building that allows for investment income. Rentals are golden in White Pine County! 3 apartments are one bed one bath. 1 apartment is a 2 bed 1 bath with a large kitchen. Basement unit has 2 bedrooms and 1 bath. There is a laundry area in the basement for all tenants. Roof is new and all units have been

    Sonja Almberg Desert Mountain Realty, Inc

    1300 Lyons Ave, Ely, NV 89301
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    $322,000

    • 1,560 Sq Ft

    593 Ogden Ave, Ely, NV 89301

    Investment property located on a 12,500 sq. ft. corner lot. Has a new duplex and an older home. The duplex has 2 bedroom, 1 bath units, electric heat, spacious living room and kitchen, newer appliances, ready to move into. The third little cottage can not be lived in, it has no water hooked up, can only be used as storage. Great little rental.

    Vivian Almberg Desert Mountain Realty, Inc

    593 Ogden Ave, Ely, NV 89301

Why Live in Ely

The small city of Ely was originally founded in the 1870s as a stagecoach stop. Copper was discovered nearby in 1906, and it has been a defining part of the community ever since. Along with the Ely State Prison, the Robinson Mine is one of the area’s largest employers. “People come from all over the nation to work here,” says Vince Fleischman, a local real estate agent with Key Realty who also rents out properties in Ely. “There are high-paying jobs here, and we don’t have enough people to fill the positions.” Although it sits hundreds of miles from any major metro area, the town of 4,000 also serves as the county seat for White Pine County. Cottages built in the early 1900s through the 1950s sit on fenced, grassy or gravel lots, lining Ely’s neatly gridded streets. Ranch-style homes were added throughout the 1950s and ’60s, with a second wave in the ’80s and ’90s. Prices range from $40,000 to $370,000, largely depending on condition. More recent construction on large lots can fetch between $250,000 and $550,000. Meanwhile, the rural northern side of the community is dotted with manufactured homes from the 1990s and 2000s, with prices ranging from $250,000 to $400,000. Coming on

Home Trends in Ely, NV

Housing Trends

Median Sale Price
$182,500
Median Single Family Sale Price
$719,450
Average Price Per Sq Ft
$146
Number of Homes for Sale
3
Last 12 months Home Sales
8
Months of Supply
4.50
Median List Price
$559,450
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-53%
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