Great investment duplex in downtown Ely. This property offers a unique opportunity for both residential and commercial potential. With two separate units, the layout allows the potential to convert the lower unit into a commercial space, making it ideal for investors or entrepreneurs seeking to capitalize on Ely's growth. Don't miss out!
Sold for $190,000
$190,000
1640 Dows St, Ely, IA 52227
--beds
--baths
2,346sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$81/sqft
$1,060 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,060/mo
Zestimate® history
Owner options
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$1,060/mo
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$1,047/mo
Est. payment
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$1,047/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Samm Arends 319-329-2674,
Realty87
Bought with:
Leslie Berger
SKOGMAN REALTY
Source: CRAAR, CDRMLS,MLS#: 2500338
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Heating
- Gas
Cooling
- Central Air, Wall/Window Unit(s)
Features
- Basement: Partial
Interior area
- Total interior livable area: 2,346 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Lot
- Size: 3,005 sqft
- Dimensions: 40 x 75
Details
- Parcel number: 183113400300000
- Zoning: res
- Zoning description: res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & neighborhood
Location
- Region: Ely
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/25/2025 | Sold | $190,000-2.6%$81/sqft |
Source:  CRAAR, CDRMLS #2500338 Report a problem | ||
| 1/25/2025 | Pending sale | $195,000$83/sqft |
Source: CRAAR, CDRMLS #2500338 Report a problem | ||
| 1/15/2025 | Listed for sale | $195,000+143.8%$83/sqft |
Source: CRAAR, CDRMLS #2500338 Report a problem | ||
| 2/16/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/3/2023 | Listed for rent | $750 |
Source: Zillow Rentals Report a problem | ||
| 9/18/2006 | Sold | $80,000$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,628 +2.3% | $227,800 +45.7% |
| 2024 | $2,570 +10.2% | $156,300 |
| 2023 | $2,332 +4% | $156,300 +29.6% |
| 2022 | $2,242 +7.7% | $120,600 +2.1% |
| 2021 | $2,082 +4.7% | $118,100 |
| 2020 | $1,988 +7.5% | -- |
| 2019 | $1,850 | $103,300 +10.6% |
| 2018 | $1,850 +9.9% | $93,400 +4.7% |
| 2017 | $1,684 +1.2% | $89,200 |
| 2016 | $1,664 +4.8% | $89,200 +4.7% |
| 2015 | $1,588 +5.2% | $85,200 |
| 2014 | $1,510 +5.9% | $85,200 |
| 2013 | $1,426 +12.3% | $85,200 +8.8% |
| 2012 | $1,270 | $78,300 |
| 2011 | -- | $78,300 |
| 2010 | $1,270 | $78,300 |
| 2008 | -- | $78,300 |
| 2007 | -- | $78,300 +5% |
| 2005 | -- | $74,571 +5% |
| 2004 | -- | $71,020 |
| 2003 | -- | $71,020 +5% |
| 2002 | -- | $67,638 |
| 2001 | -- | $67,638 +7% |
| 2000 | -- | $63,213 |
Find assessor info on the county website
Neighborhood: 52227
Nearby schools
GreatSchools rating
- 4/10Prairie Creek Intermediate SchoolGrades: 5-6Distance: 4 mi
- 6/10Prairie Point Middle SchoolGrades: 7-9Distance: 4.1 mi
- 2/10Prairie High SchoolGrades: 9-12Distance: 4.3 mi
Schools provided by the listing agent
- Elementary: College Comm
- Middle: College Comm
- High: College Comm
Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Iowa
- Linn County
- Ely
- 52227
- 1640 Dows St
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