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MLS: #7064870, Listed By: Joseph Tome, GRAND PROPERTIES REAL ESTATE, Source:FargoMoorhead Area Association of REALTORS

429 S 4th Avenue

Ely, MN 55731

$256,000 $1,079/Mo

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Overview

Bed

Bath

2,600

Sqft

0.21

Acre(Lot)

Description

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 hi story and a rare cash flowing rental property in the amazing town of Ely!

Property Details

Property Type : Residential Income

Price : $256,000

AD Id : 77912038

MLS Id : 7064870

Beds : 7

Lot Size : 0.21 Acre

Living Area Size : 2,600

Year Built : 1900

Garage : 1

County : Saint Louis

Subdivision: Rhawnhurst

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 7

Bathroom Information

Total Baths: 4

Room Information

Has Basement: Yes Basement: Full
Roofing Information

Asphalt, Shingle
Interior Features

Roof: Asphalt, Shingle
Heating & Cooling

Has Heating: Yes Heating: Radiant

Building Information

Year Built: 1900 Building Area Total: 3900 Private Pool: No

Lot Information

Lot Dimensions: 125x75x125x75 Main Square Feet: 0.21 Acres Lot Size Acres: 0.21 Lot Size Square Feet: 9147.6 Lot Description: Corner Lot

Property Information

Subdivision: Whites Add To Ely Source Property Type: Residential Income Property SubType: Triplex Property Age: 126

Listing Price Information

Listing Price: $256000 Cash, Conventional

Tax Information

Parcel Number: 030035000470 Annual Tax: $3902

Garage Information

Has Garage: Yes Garage Space: 1

Location Information

Direction: From Ely take Sheridan St and turn South on 4th Ave. Property is on the corner of 4th Ave and James St. WaterSource: Public

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ByOwner last updated this listing 06/03/2026 @ 21:01

MLS: 7064870 LISTED BY: Joseph Tome, GRAND PROPERTIES REAL ESTATE 218-326-4477 SOURCE: FargoMoorhead Area Association of REALTORS