Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
7 Beds
4 Baths
2,600 sqft

$215,000

429 S 4th Ave E, Ely MN, 55731

Price per sqft$82.69
Built in1900
Property size2,600 sqft
Property typeMulti-family
Courtesy of Grand Properties, Joseph Tome Listing Contact: ***

Overview

Active

Listed Apr 19, 2026

Updated 8 days ago

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!

$1,430/mo

Est. mortgage payment based on a $215,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
6127738

Interior Features

Bedrooms
7
Bathrooms
4
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.21 Acres

Other Property Details

Taxes
$3,902
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor THINK. Home & Land shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 5:13 AM UTC on 10/3/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

©2026 Lake Superior Area REALTORS® . All rights reserved.

DMCA Notice

Powered by Luxury Presence