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.
For sale
$149,200
324 S 4th Ave E, Ely, MN 55731-0000
4beds
3baths
2,640sqft
Triplex
Built in 1898
-- sqft lot
$-- Zestimate®
$57/sqft
$-- HOA
What's special
Fully fenced yardHardwood floorsLarge windowsOff-street parkingSome vintage fixtures
- 98 days |
- 322 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Wendy S Johnson 218-349-7731,
Keller Williams Classic Realty NW - Ely
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6124394
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Forced Air, Oil
Appliances
- Included: Dryer, Microwave, Range, Refrigerator, Washer
Features
- Basement: Partial,Unfinished,Storage,Utility Room
Interior area
- Total interior livable area: 2,640 sqft
- Finished area above ground: 2,640
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street, Gravel, None
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
- Fencing: Fenced
Lot
- Size: 5,227 Square Feet
- Dimensions: 50 x 100
- Features: Landscaped, Tree Coverage - Light, Level
Details
- Foundation area: 1080
- Parcel number: 030006000010, 00015, 00020 & 00025
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Vinyl, Frame/Wood
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- Previously Owned
- Year built: 1898
Utilities & green energy
- Electric: City Of Ely
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Ely
Financial & listing details
- Price per square foot: $57/sqft
- Tax assessed value: $45,400
- Annual tax amount: $3,859
- Date on market: 4/8/2026
- Cumulative days on market: 653 days
- Listing terms: Cash,Conventional
- Tenant pays: Other
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2026 | Price change | $149,200-6.5%$57/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6124394 Report a problem | ||
| 10/1/2025 | Price change | $159,500-5.3%$60/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6122204 Report a problem | ||
| 8/14/2025 | Price change | $168,500-8.4%$64/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6118431 Report a problem | ||
| 4/1/2025 | Price change | $184,000-3.1%$70/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6118431 Report a problem | ||
| 9/24/2024 | Listed for sale | $189,900$72/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6116254 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $868 -69.1% | $45,400 +12.4% |
| 2023 | $2,806 +14.3% | $40,400 -67.6% |
| 2022 | $2,456 +11.2% | $124,700 +19.9% |
| 2021 | $2,208 | $104,000 +12.6% |
| 2020 | $2,208 | $92,400 |
| 2019 | $2,208 +10.4% | $92,400 +7.6% |
| 2018 | $2,000 -5.6% | $85,900 |
| 2017 | $2,118 +5.9% | $85,900 +3.1% |
| 2016 | $2,000 -2.9% | $83,300 -2% |
| 2015 | $2,060 -1.7% | $85,000 |
| 2014 | $2,096 +3.8% | $85,000 |
| 2013 | $2,018 +6.9% | $85,000 +9.4% |
| 2012 | $1,887 +23.8% | $77,700 -2.1% |
| 2011 | $1,525 -4.4% | $79,400 -9% |
| 2010 | $1,596 | $87,300 |
| 2009 | $1,596 +5.4% | $87,300 +12.6% |
| 2008 | $1,514 +11.2% | $77,500 +13.3% |
| 2007 | $1,362 +36.2% | $68,400 +26% |
| 2006 | $999 +9% | $54,300 +31.5% |
| 2004 | $917 +4.2% | $41,300 +11.9% |
| 2003 | $880 -8.2% | $36,900 +10.1% |
| 2002 | $958 -7.1% | $33,500 +8.4% |
| 2001 | $1,032 +12% | $30,900 +8.4% |
| 2000 | $922 | $28,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 55731
Nearby schools
GreatSchools rating
- 6/10Washington Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 7/10Memorial Middle SchoolGrades: 6-8Distance: 0.1 mi
- 9/10Memorial SecondaryGrades: 9-12Distance: 0.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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