$159,500
324 S 4th Ave E Ely, MN 55731
For Sale MLS# 6122204
4 beds 3 baths 2,640 sq ft Multi-family
Details for 324 S 4th Ave E
MLS# 6122204
Description for 324 S 4th Ave E, Ely, MN, 55731
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 Information
Property Type: Multi-family, Triplex, Up & Down
Status: Active
Bedrooms: 4
Bathrooms: 3
Lot Size: 0.12 Acres
Square Feet: 2,640 sq ft
Year Built: 1898
Stories: 3 Story
Construction: Frame/Wood
Number Of Units Total: 3
County: St. Louis
Construction Status: Previously Owned
School Information
District: Ely #696
Room Information
Bathrooms
3/4 Baths: 1
Interior Features
Square Footage above: 2,640 sq ft
Basement: Utility Room, Storage, Partial, Poured Concrete, Unfinished
Utilities
Water: City
Sewer: City
Heating: Forced Air, Oil
Exterior / Lot Features
Parking Description: Garage Description - None
Exterior: Vinyl
Roof: Asphalt Shingles
Lot Dimensions: 50 x 100
Additional Exterior/Lot Features: Road Frontage - Paved, Sidewalk, City, Street Lights
Unit Information
Unit 1 Baths Total: 1
Unit 1 Beds Total: 2
Unit 1 Rooms Total: 6
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Unit 2 Rooms Total: 4
Unit 3 Baths Total: 1
Unit 3 Beds Total: 1
Unit 3 Rooms Total: 4
Unit 4 Rooms Total: 3
Driving Directions
In town
Financial Considerations
Terms: Cash,Conventional
Tenant Pays: Other
Owner Pays: Electric,Fuel,Lawn,Maint/Repair,Sewer,Snow,Trash,Water
Tax/Property ID: 030-0060-00010, 00015, 00020 & 00025
Tax Amount: 3701
Tax Year: 2025
A broker reciprocity listing courtesy: Keller Williams Classic Realty NW - Ely - Wendy Johnson
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Duluth Area Association of REALTORS® MLS. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Duluth Area Association of REALTORS® MLS. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Duluth Area Association of REALTORS® MLS. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 324 S 4th Ave E
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 324 S 4th Ave E
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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