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Ely, NV Multifamily Home for Sale

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    $325,000

    • 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

Ely, NV, a small city with a population of around 4,000, is known for its active copper mining industry and scenic natural surroundings. Founded in the 1870s as a stagecoach stop, Ely has grown to become the county seat of White Pine County. The Robinson Mine and Ely State Prison are major local employers, attracting workers from across the nation. Housing options range from early 1900s cottages and mid-century ranch-style homes to manufactured homes on large lots in the rural northern areas, often accommodating livestock and outdoor storage. Ely's attractions include the White Pine County Golf Course, Steptoe Park, and the White Pine Aquatics Center. Outdoor enthusiasts can explore Success Summit and the Great Basin National Park, located about 50 miles away. The annual White Pine County Horse Races, first organized in 1934, are a local highlight, featuring thoroughbred racing, live music, and barbecue. Dining options in historic downtown Ely include Racks Bar & Grill, La Fiesta Fine Mexican Restaurant and Bar, and Mr. G’s Italian Restaurant and Bar, which also offers evening entertainment. Ely is accessible via U.S. Routes 93, 50, and 6, with Elko Regional Airport 180 miles away and Harry Reid International Airport in Las Vegas about 250 miles away. Homes along Murray Creek face increased flood risks, and the area is also prone to wildfires due to its topography and vegetation.

Home Price Trends

Median Sale Price
$280,000
Median Single Family Sale Price
$270,000
Median 2 Bedroom Sale Price
$175,000
Median 1 Bedroom Sale Price
$194,000
Average Price Per Sq Ft
$163
Number of Homes for Sale
19
Last 12 months Home Sales
57
Months of Supply
4.00
Median List Price
$275,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
28%
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