429 S 4th Ave E, Ely, MN

$230,000

7

Beds

2,600

Square feet

0.21

Acres

About 429 S 4th Ave E

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!

Features of 429 S 4th Ave E

MLS® # 6127738
Price $230,000
Bedrooms 7
Bathrooms 0.00
Square Footage 2,600
Acres 0.21
Year Built 1900
Type Single Family
Sub-Type Triplex
Status Active

Community Information

Address 429 S 4th Ave E
City Ely
County St. Louis County
State MN
Zip Code 55731

Amenities

# of Garages 1
Is Waterfront No
Has Pool No

Interior

Heating Boiler, Oil
Fireplace No
# of Stories 2
Has Basement No
Basement Full

Exterior

Construction Fiber Board

School Information

District Ely #696

Additional Information

Date Listed April 19th, 2026
Foreclosure No
Short Sale No
Taxes $3,902
Tax Year 2025
Office Grand Properties

Listing Details

OfficeGrand Properties

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