1403 E Sheridan St, Ely, MN 55731
Property image
Property image
OFF MARKET

$258,600

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 912 sqft (on 0.28 acres)

1403 E Sheridan St, Ely, MN 55731

Est. Refi. Payment $1,761/mo*
Refinance Your Home

Home Value

Trulia Estimate
$259K
Since last month
Decreased$2K (-0.8%)
Since last year
Decreased$12K (-4.4%)
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 decreased by -4% in the last 10 years
MonthEstimated value
2026
October 2026$257K
September 2026$260K
August 2026$259K
July 2026$263K
June 2026$259K
May 2026$261K
April 2026$253K
March 2026$246K
February 2026$239K
January 2026$235K
2025
2024
2023
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
1229 E Sheridan St, Ely, MN
0.11
Single-Family Home
$154,900
05/08/26
2
1.5
1,012
1239 E Washington St, Ely, MN
0.20
Single-Family Home
$234,000
05/04/26
3
1
1,160
124 S 14th Ave E, Ely, MN
0.19
Single-Family Home
$210,000
10/09/25
3
1
1,186
1135 E Harvey St, Ely, MN
0.22
Single-Family Home
$112,000
05/11/26
2
1
1,250
845 E White St, Ely, MN
0.46
Single-Family Home
$108,960
12/22/25
2
1
1,150
1419 E Chapman St, Ely, MN
0.08
Single-Family Home
$249,000
07/29/26
3
1.5
1,480
1029 E White St, Ely, MN
0.36
Single-Family Home
$120,000
12/12/25
2
1
2,166
1505 E Harvey St, Ely, MN
0.15
Single-Family Home
$265,000
08/27/26
3
2
2,128
1250 E Madison St, Ely, MN
0.11
Single-Family Home
$143,000
11/19/25
2
2
800
1027 E Chapman St, Ely, MN
0.25
Single-Family Home
$180,500
10/15/25
4
2
1,496

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
1406 E Camp St, Ely, MN 55731
0.03
$113,300
2
1
600
Off Market
1412 E Camp St, Ely, MN 55731
0.03
$160,000
2
1
884
Off Market
1420 E Camp St, Ely, MN 55731
0.03
$120,700
1
1.5
684
Off Market
1430 E Camp St, Ely, MN 55731
0.03
-
Studio
-
-
Off Market
1325 E Sheridan St, Ely, MN 55731
0.04
-
Studio
-
-
Off Market
1346 E Camp St, Ely, MN 55731
0.04
$179,600
3
2
728
Off Market
1340 E Sheridan St, Ely, MN 55731
0.04
-
-
-
-
Off Market
1436 E Camp St, Ely, MN 55731
0.04
$104,600
2
2
672
Off Market
1334 E Camp St, Ely, MN 55731
0.05
$77,200
3
1
1,016
Off Market
1406 E Sheridan St, Ely, MN 55731
0.05
-
4
2
1,900
Off Market
1444 E Camp St, Ely, MN 55731
0.05
$146,100
2
1
852
Off Market
1320 E Camp St, Ely, MN 55731
0.06
$94,900
1
1
676
Off Market
1314 E Sheridan St, Ely, MN 55731
0.07
$408,900
Studio
-
960
Off Market
1501 E Sheridan St, Ely, MN 55731
0.07
$131,600
2
1
860
Off Market
1504 E Camp St, Ely, MN 55731
0.07
$196,600
3
2
520
Off Market
16 N 14th Ave E, Ely, MN 55731
0.07
$234,600
2
1
1,155
Off Market
1304 E Camp St, Ely, MN 55731
0.07
-
3
1
672
Off Market
1419 E Chapman St, Ely, MN 55731
0.08
$249,000
3
1.5
1,480
Recently Sold
1335 E Chapman St, Ely, MN 55731
0.08
$154,400
3
1
659
Off Market
1421 E Camp St #15873159, Ely, MN 55731
0.08
-
Studio
-
-
Off Market

Local Information

  • Map ViewExplore the area around 1403 E Sheridan St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1953
0.28 acre lot
912 sqft
$284/sqft
Garage

About this House

This property includes a spacious 2 bedroom with a full basement, attached 2 car garage and 6 individual motel/cabin units. The home has a full basement with commercial laundry facilities. The rental units have many updates, 2 units are winterized for year around rental. Home and business is located in the heart of the east end businesses. This is a great opportunity to supplement an existing income or to work out of your home.
1403 E Sheridan St, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 912 sqft single-family home built in 1953. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $258,600, with a rent estimate of $1,595/month.

Home Details for 1403 E Sheridan St

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Appliances & Utilities
Refrigerator

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: WoodFoundation Type: Slab
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1953Year Updated: 1980
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.28 acres

Price and Tax history

DateEventPrice
Nov 24, 2016
Source: Agent Provided
ListingRemoved
$285,000
Aug 23, 2016
Source: Agent Provided
Listed For Sale
$285,000
Aug 20, 2015
Source: Agent Provided
ListingRemoved
$285,000
Aug 14, 2015
Source: Agent Provided
Listed For Sale
$285,000
Feb 26, 2015
Source: Agent Provided
ListingRemoved
$285,000

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 1403 E Sheridan St

  • What is 1403 E Sheridan St estimated to be worth?
    Trulia's estimated value for 1403 E Sheridan St in Ely, MN is $258,600.
  • 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.
  • What are the closest schools to 1403 E Sheridan St?
    The closest schools to 1403 E Sheridan St in Ely, MN are Memorial Middle School (rated 7/10), Memorial Secondary (High, rated 9/10), Washington Elementary School (Pre-K, rated 6/10).
  • How big is the lot at 1403 E Sheridan St?
    The lot at 1403 E Sheridan St in Ely, MN is about 0.28 acres (12,196 sq ft).
  • Does 1403 E Sheridan St have a garage?
    Yes, 1403 E Sheridan St in Ely, MN has a garage.

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