$149,200

324 S 4th Ave E Ely, MN 55731

Estimated payment $944/month

Total Views 4,424
4 Beds
3 Baths
2,640 Sq Ft
$57 Price per Sq Ft

About This Home

Incredible investment opportunity by unlocking this historic 2.75 story home’s potential! Much of original character is retained - 26 ft covered front porch, 9 ft ceilings, large windows, original interior doors & woodwork, hardwood floors & some vintage fixtures. Third level attic offers even more potential living space with 7’ ceilings in 3 large rooms! Updates include roof, siding, main level windows, electrical service, plumbing, etc. 4 city lots, off-street parking, fully fenced yard. Originally built as Sec 30 hospital, moved to this site, converted to a triplex & later, main level housed a child’s day care. Ideally located in heart of Ely.

Listing Agent

Wendy Johnson

Keller Williams Classic Realty NW - Ely Brokerage Phone: Listed on: 04/08/2026

Keller Williams Classic Realty NW - Ely

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1898

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Home Design

  • Triplex

Interior Spaces

  • 2,640 Sq Ft Home
  • 3-Story Property
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 030-0060-00010, 00015, 00020 & 00025

Property Details

Home Type

Multi-Family

Year Built

Built in 1898

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Directions: In town
  • Tax Year: 2026
  • Reso Roof: Asphalt Shingle
  • Year Built: 1898
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Lot Size: 50 x 100
  • Road Frontage Type: City Street, Paved Road, Sidewalks, Street Lights
  • Co List Office Mls Id: LSA31741
  • Above Grade Finished Sq Ft: 2640
  • Special Features: None

Interior Features

  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Owner Pays: Electricity, Fuel, Lawn Care, Repairs, Snow Removal, Trash Collection, Water, Sewer
  • Total Bedrooms: 4
  • Stories: 3

Exterior Features

  • Disclosures: Other Disclosures, Disc./Condition Report
  • Construction Type: Vinyl
  • Foundation Details: Poured Concrete

Garage/Parking

  • Parking Features: Off Street, Gravel

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Development Status: Previously Owned
  • Parcel Number: 030-0060-00010, 00015, 00020 & 00025

Rental Info

  • Tenant Pays: Other

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3859

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2026 04/08/26 For Sale $149,200 -- $57 / Sq Ft
Source: Lake Superior Area REALTORS®

Source: Lake Superior Area REALTORS®

MLS Number: 6124394

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