218 N 1st Ave, Ely, MN 55731 (MLS # 6128015)
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Investment opportunity in the heart of Ely! Turnkey dual-income potential. This beautifully maintained duplex features two freshly updated, independent living spaces with modern conveniences throughout. Main Level Unit offers 1+ bedrooms, an updated full bath, and a bright, spacious kitchen with a dedicated dining area. Enjoy single-level convenience complete with a large mudroom and main-floor laundry. Upper-Level Unit is a freshly renovated 1-bedroom apartment featuring an open-concept kitchen, dining, and living area, plus an oversized bathroom with built-in laundry. Enjoy peace of mind with a fully compliant sewer lateral already completed. Separate laundry setups and strong functional layouts make this a low-maintenance, high-demand addition to any portfolio.
| DAYS ON MARKET | 3 | LAST UPDATED | 9/17/2026 |
|---|---|---|---|
| YEAR BUILT | 1920 | COMMUNITY | LSAR |
| COUNTY | St. Louis County | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| APPLIANCES | Dryer, Range, Refrigerator, Washer |
|---|---|
| AREA | LSAR |
| BASEMENT | Full, Unfinished, Yes |
| HEAT | Forced Air, Propane |
| INTERIOR | High Speed Internet |
| LOT | 6534 sq ft |
| LOT DIMENSIONS | 52 x 122 |
| PARKING | Off Street, None |
| SEWER | Public Sewer |
| STORIES | 2 |
| TAXES | 2195 |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listed with Bear Island Realty LLC
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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This IDX solution is (c) Diverse Solutions 2026.