117 N Central Ave, Ely, MN 55731
OFF MARKET

$279,200

Trulia Estimate
  • Studio
  • 3,600 sqft

117 N Central Ave, Ely, MN 55731

Est. Refi. Payment $1,878/mo*
Refinance Your Home
Currently Off Market - Sold Mar 25, 2011 for $185,000

Home Value

Trulia Estimate
$279K
Since last month
Decreased$39K (-12.3%)
Since last year
Decreased$50K (-15.1%)
Since last sale
Increased$94K (+50.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +6% in the last 10 years
MonthEstimated value
2026
September 2026$279K
September 2026$276K
August 2026$318K
July 2026$331K
June 2026$320K
May 2026$306K
April 2026$301K
March 2026$301K
February 2026$313K
January 2026$274K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
229 E Sheridan St, Ely, MN
0.20
Multi-Family Home
$270,000
05/18/26
-
3,088
141 E Chapman St, Ely, MN
0.16
Multi-Family Home
$329,000
10/03/25
3
2.5
3,000
500 N Main St, Winton, MN
3.65
Multi-Family Home
$15,630
06/23/26
12
4
4,860
Home facts updated by county records

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
123 N Central Ave, Ely, MN 55731
0.01
$185,300
Studio
-
1,242
Off Market
125 N Central Ave, Ely, MN 55731
0.02
-
-
-
-
Off Market
101 N Central Ave, Ely, MN 55731
0.02
-
-
-
-
Off Market
26 W Camp St, Ely, MN 55731
0.03
-
3
-
760
Off Market
W Camp St, Ely, MN 55731
0.03
-
-
-
-
Off Market
3 E Sheridan St, Ely, MN 55731
0.03
$195,800
Studio
-
-
Off Market
124 N Central Ave, Ely, MN 55731
0.04
$236,600
Studio
-
960
Off Market
38 W Camp St, Ely, MN 55731
0.04
-
Studio
-
-
Off Market
XX Pioneer Dr, Ely, MN 55731
0.04
-
-
-
-
Off Market
XX Pioneer Dr, Ely, MN 55731
0.04
-
-
-
-
Off Market
XX Pioneer Dr, Ely, MN 55731
0.04
-
-
-
-
Off Market
XX Pioneer Dr, Ely, MN 55731
0.04
-
-
-
-
Off Market
15 E Sheridan St, Ely, MN 55731
0.04
-
-
-
-
Off Market
16 W Sheridan St, Ely, MN 55731
0.04
$375,200
Studio
-
2,664
Off Market
18 W Sheridan St, Ely, MN 55731
0.04
-
Studio
-
-
Off Market
16 E Camp St, Ely, MN 55731
0.04
$82,000
3
1
560
Off Market
2 W Sheridan St, Ely, MN 55731
0.04
$303,100
Studio
-
4,300
Off Market
22 W Sheridan St, Ely, MN 55731
0.05
$212,100
Studio
-
912
Off Market
17 E Sheridan St, Ely, MN 55731
0.05
$297,100
Studio
-
2,450
Off Market
205 N Central Ave, Ely, MN 55731
0.05
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 117 N Central Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1910
3,600 sqft
$78/sqft

About this House

This multi-family home is located at 117 N Central Ave, Ely, MN. 117 N Central Ave is in Ely, MN and in ZIP code 55731. This property has approximately 3,600 sqft of floor space. This property was built in 1910.
117 N Central Ave, Ely, MN 55731 is a studio, 3,600 sqft multi-family built in 1910. It last sold for $185,000 on Mar 25, 2011. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $279,200, with a rent estimate of $1,272/month.

Home Details for 117 N Central Ave

Interior Features

Levels, Entrance, & Accessibility
Stories: 2

Property Information

Year Built
Year Built: 1910Year Updated: 1960
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Exterior Features

Exterior Home Features
DeckFoundation Type: Slab

Community

Units in Building: 562

Price and Tax history

DateEventPrice
Mar 25, 2011
Source: N/A
Sold
$185,000
Dec 9, 2010
Source: Agent Provided
ListingRemoved
$219,000
Nov 3, 2010
Source: Agent Provided
Listed For Sale
$219,000
Jun 8, 2010
Source: N/A
Sold
$246,168
May 17, 2008
Source: Agent Provided
ListingRemoved
$375,000

Market trends in Ely

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
103
5MoM

Around this home

What Locals Say about Ely

At least 8 Trulia users voted on each feature.

  • 93 % Say there's wildlife

  • 90 % Say kids play outside

  • 89 % Say car is needed

  • 88 % Say parking is easy

  • 86 % Say it's quiet

  • 83 % Say yards are well-kept

  • 83 % Say it's dog friendly

  • 80 % Say there's holiday spirit

  • 78 % Say people would walk alone at night

  • 77 % Say it's walkable to restaurants

  • 75 % Say there are sidewalks

  • 73 % Say streets are well-lit

  • 72 % Say neighbors are friendly

  • 69 % Say it's walkable to grocery stores

  • 45 % Say there are community events

  • 36 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Mavericksells
    "Ely is surrounded by forests and it’s a lovely, peaceful place to reside. There are wonderful restaurants, shops, a great movie theater and a variety of outdoor activities to choose from year round. "
    0
    Flag
  • Derek H.
    "Ely is located at the end of the road. No roads go to much further north due to the boundary waters canoe area which strictly prohibits dwellings or any man made structures. Ely can seem like a long way from anywhere at times and the community recognizes this and most willing are willing to help whoever and whenever the need may arise. We take care of our own and then some . "
    7
    Flag
  • Jennifer P.
    "Don't move here if you don't like being out in the woods. ppl on this town take care of each other. even if you're new. as long as you show you want to be part of Ely. "
    0
    Flag
  • Jennifer P.
    "as a new comer to ely try to get into activities around town, especially if you have younger children who are not school age. jobs are not always easy to find and though the cost of living is fairly low you do money can get tight quickly. ely is a nice town but it's hard on you too. more work for less. your kids are safe here but still know who you're talking to before hand."
    3
    Flag
  • Rvhall
    "There is no public transport in this neighborhood , but Arrowhead transport does run in town for a nominal fee and there are weekly trips to Virginia Mn."
    0
    Flag
  • Lora L.
    "We have cab service and in town bus service. It’s a 25 block walk from first place in town to last. Generally, the city park,police,fire,library dot,and shopping district are within 8 blocks from anywhere."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 117 N Central Ave

  • What is 117 N Central Ave estimated to be worth?
    Trulia's estimated value for 117 N Central Ave in Ely, MN is $279,200.
  • What is the price history for 117 N Central Ave?
    117 N Central Ave in Ely, MN last sold for $185,000 in March 2011.
  • Is Ely a buyer's or seller's market?
    Ely is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Ely?
    Residents describe Ely, MN as easy to park in, quiet, and well-kept. Most residents say you need a car. See recently sold homes in Ely, MN.

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Off Market Homes Near 117 N Central Ave

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