1640 Dows St
Ely, IA 52227
- Studio
- 2,346 sqft
Studio
2,346 sqft
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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
-- mins to
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
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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 |
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Parking & Garage Has a GarageParking: Garage |
Frontage Responsible for Road Maintenance: Public Maintained RoadNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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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 |
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Price List Price: $195,000 |
Status Change & Dates Off Market Date: Sat Jan 25 2025Possession Timing: Negotiable |
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MLS Status: Closed |
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Direction & Address City: Ely |
School Information Elementary School: College CommJr High / Middle School: College CommHigh School: College Comm |
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Association for this Listing: Cedar Rapids Area Association Of RealtorsNo HOA |
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Lot Area: 3005.64 sqft |
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Listing Terms: Cash, Conventional |
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Expense Tenant Pays: Electricity, Gas, Water |
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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
| Date | Event | Price |
|---|---|---|
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 |
Sep 18, 2006 Source: N/A | Sold | $80,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,628 | $227,800 |
Home facts updated by county records
Market trends in Ely
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
9
1MoM
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.
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Apartments for Rent
Homes for sale near 1640 Dows St
Off Market Homes Near 1640 Dows St
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.

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