$256,000
429 S 4th Avenue E Ely, MN 55731
For Sale MLS# 7064870
7 beds 4 baths 2,600 sq ft Multi-family
Details for 429 S 4th Avenue E
MLS# 7064870
Description for 429 S 4th Avenue E, Ely, MN, 55731
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!
Listing Information
Property Type: Multi-family, Triplex
Status: Active
Bedrooms: 7
Bathrooms: 4
Lot Size: 0.22 Acres
Square Feet: 2,600 sq ft
Year Built: 1900
Foundation: 1,300 sq ft
Garage: Yes
Stories: More Than 2 Stories
Subdivision: Whites Add To Ely
Number Of Units Total: 3
County: St. Louis
Days On Market: 35
Construction Status: Previously Owned
School Information
District: 696 - Ely
Interior Features
Square Footage above: 2,600 sq ft
Basement: Full
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Boiler, Oil, Radiator
Exterior / Lot Features
Garage Spaces: 1
Open Parking: 2
Parking Description: Garage Sq Ft - 1622.
Exterior: Fiber Board
Roof: Age 8 Years or Less, Asphalt Shingles
Lot Dimensions: 125x75x125x75
Zoning: Residential-Multi-Family
Additional Exterior/Lot Features: Corner Lot, Road Frontage - City
Driving Directions
From Ely take Sheridan St and turn South on 4th Ave. Property is on the corner of 4th Ave and James St.
Financial Considerations
Expense: 3700
Tax/Property ID: 030035000470
Tax Amount: 3902
Tax Year: 2025
HomeStead Description: Homesteaded
A broker reciprocity listing courtesy: GRAND PROPERTIES REAL ESTATE
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. 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 Regional Multiple Listing Service of Minnesota, Inc. 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.
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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 429 S 4th Avenue E
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 429 S 4th Avenue E
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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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