1640 Dows St, Ely, IA 52227
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OFF MARKET

1640 Dows St
Ely, IA 52227

  • Studio
  • 2,346 sqft
Studio
2,346 sqft

Home Value

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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
3.93
Multi-Family Home
$644,000
03/12/26
-
5,712
5.55
Multi-Family Home
$265,000
07/15/26
-
1,920
8.10
Multi-Family Home
$129,000
09/22/25
-
1,720
8.06
Multi-Family Home
$180,000
05/15/26
-
2,932
8.27
Multi-Family Home
$186,000
08/27/25
-
2,303

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
0.07
$236,800
Studio
-
2,474
Off Market
0.08
$264,100
4
2
1,688
Off Market
0.09
$252,800
3
1
1,530
Off Market
0.05
$604,500
3
2
2,018
Recently Sold
0.06
$221,000
1
1
727
Recently Sold
0.06
$720,000
3
2
2,355
For Sale
0.06
$338,000
2
2
1,079
For Sale
0.06
$338,000
2
2
1,079
For Sale
0.06
$338,000
2
2
1,079
For Sale
0.06
$338,000
2
2
1,079
For Sale
0.06
$338,000
2
2
1,079
For Sale

Local Information

  • Map ViewExplore the area around 1640 Dows St.
  • Schools5 Preschool Schools6 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1900
Living Area
2,346 sqft
Parking
Garage

About this House

Great investment duplex in downtown Ely. This property offers a unique opportunity for both residential and commercial potential. With two separate units, the layout allows the potential to convert the lower unit into a commercial space, making it ideal for investors or entrepreneurs seeking to capitalize on Ely's growth. Don't miss out!
1640 Dows St, Ely, IA 52227 is a studio, 2,346 sqft multi-family built in 1900. It last sold for $190,000 on Feb 25, 2025 (3% below the $195,000 asking price). More recently, it was listed as a rental in January 2023 with an asking price of $750 per month. That rental listing was removed on February 16, 2023. It is currently off market. The Trulia Estimate rent is $1,042/month.

Home Details for 1640 Dows St

Interior Features

Interior Details
Basement: Partial
Dimensions and Layout
Living Area: 2346 Square Feet
Appliances & Utilities
Utilities: Separate Meters
Heating & Cooling
Heating: GasHas CoolingAir Conditioning: Central Air,Wall/Window Unit(s)Has HeatingHeating Fuel: Gas

Exterior Features

Parking & Garage
Has a GarageParking: Garage
Frontage
Responsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Multi Family
Building
Construction Materials: Frame, Vinyl Siding
Property Information
Parcel Number: 183113400300000

Price & Status

Price
List Price: $195,000
Status Change & Dates
Off Market Date: Sat Jan 25 2025Possession Timing: Negotiable

Active Status

MLS Status: Closed

Location

Direction & Address
City: Ely
School Information
Elementary School: College CommJr High / Middle School: College CommHigh School: College Comm

HOA

Association for this Listing: Cedar Rapids Area Association Of RealtorsNo HOA

Lot Information

Lot Area: 3005.64 sqft

Offer

Listing Terms: Cash, Conventional

Business

Expense
Tenant Pays: Electricity, Gas, Water

Miscellaneous

BasementMls Number: 2500338Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-19113-N-183113400300000-R-N
Last check for updates: about 3 hours ago
Listed by Samm Arends, (319) 329-2674
Realty87
Bought with: Leslie Berger, (319) 558-7754, SKOGMAN REALTY
Originating MLS: Cedar Rapids Area Association Of Realtors
Source: CRAAR, CDRMLS, MLS#2500338

Price and Tax history

DateEventPrice
Feb 25, 2025
Source: CRAAR, CDRMLS #2500338
Sold
$190,000
Jan 25, 2025
Source: CRAAR, CDRMLS #2500338
Pending
$195,000
Jan 15, 2025
Source: CRAAR, CDRMLS #2500338
Listed For Sale
$195,000
Feb 16, 2023
Source: Zillow Rentals
ListingRemoved
Jan 3, 2023
Source: Zillow Rentals
Listed For Rent
$750

Market trends in Ely

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
9
1
MoM
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Around this home

What Locals Say about Ely

At least 8 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 100 % Say there are sidewalks

  • 100 % Say car is needed

  • 94 % Say streets are well-lit

  • 92 % Say it's dog friendly

  • 90 % Say kids play outside

  • 90 % Say people would walk alone at night

  • 88 % Say there's holiday spirit

  • 80 % Say there are community events

  • 75 % Say it's walkable to restaurants

  • 73 % Say it's quiet

  • 73 % Say yards are well-kept

  • 67 % Say neighbors are friendly

  • 67 % Say they plan to stay for at least 5 years

  • 18 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Terra N.
    "I have lived here for 10 years and love it! People are very friendly and a great place to raise your kids!!!"
  • Robin N.
    "Within walking distance to the beautiful Hoover Bike trail. Small town living but easy access to Cedar Rapids or Iowa City. "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 1640 Dows St

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Off Market Homes Near 1640 Dows St

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Frequently asked questions about 1640 Dows St

  • What is the price history for 1640 Dows St?
    1640 Dows St in Ely, IA last sold for $190,000 in February 2025.
  • Is Ely a buyer's or seller's market?
    Ely is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Ely?
    Residents describe Ely, IA as easy to park in, pedestrian-friendly, and dog-friendly. See recently sold homes in Ely, IA.
  • What are the closest schools to 1640 Dows St?
    The closest schools to 1640 Dows St in Ely, IA are Prairie Creek Intermediate School (Elementary, rated 4/10), Prairie Crest Elementary School (Pre-K, rated 5/10), Prairie Heights Elementary School (Pre-K, rated 7/10).
  • Does 1640 Dows St have air conditioning?
    Yes, 1640 Dows St in Ely, IA has air conditioning.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.