429 S 4th Ave E Ave, Ely, MN 55731 (MLS # 6124897)

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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!

DAYS ON MARKET 3 LAST UPDATED 5/1/2026
YEAR BUILT 1900 COMMUNITY LSAR
GARAGE SPACES 1.0 COUNTY St. Louis County
STATUS Active PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AREA LSAR
BASEMENT Full, Yes
GARAGE Yes
HEAT Oil
LOT 9148 sq ft
LOT DIMENSIONS 125x75x125x75
PARKING Detached
SEWER Public Sewer
STORIES 2
TAXES 3902
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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*Estimate only

SATELLITE VIEW



 
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Listed with Grand Properties

Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice.
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