204 E  Sheridan St, Ely, MN 55731
OFF MARKET

$229,600

Trulia Estimate
  • Studio

204 E Sheridan St, Ely, MN 55731

Currently Off Market - Sold Jul 16, 2021 for $165,000

Home Value

Trulia Estimate
$230K
Since last month
Decreased$4K (-1.5%)
Since last year
Decreased$3K (-1.2%)
Since last sale
Increased$65K (+39.2%)
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 +35% in the last 10 years
MonthEstimated value
2026
August 2026$230K
July 2026$233K
June 2026$234K
May 2026$231K
April 2026$217K
March 2026$230K
February 2026$211K
January 2026$209K
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
0.05
Multi-Family Home
$270,000
05/18/26
-
3,088
0.04
Multi-Family Home
$329,000
10/03/25
3
2.5
3,000
3.53
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
0.03
$213,100
1
0.5
-
Off Market
0.03
$239,300
2
0.5
-
Off Market
0.03
$346,100
2
1
1,040
Off Market
0.03
$536,900
4
3
1,064
Off Market
0.03
-
-
-
-
Off Market
0.03
-
-
-
-
Off Market
0.03
-
-
-
-
Off Market
0.03
-
-
-
-
Off Market
0.03
-
-
-
-
Off Market
0.03
-
-
-
-
Off Market
0.03
-
-
-
-
Off Market
0.08
$289,800
4
2
4,164
Off Market

Local Information

  • Map ViewExplore the area around 204 E Sheridan St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family

About this House

Perfect location for business on corner lot on Ely's main street. Building has 3 separate entrances to accomodate 3 different businesses. Use one and rent the others, or use all 5000+ sq!<br/><br/>Brokered And Advertised By: Z' Up North Realty<br/>Listing Agent: Andrea Zupancich
204 E Sheridan St, Ely, MN 55731 is a studio multi-family. It last sold for $165,000 on Jul 16, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $229,600, with a rent estimate of $1,222/month.

Home Details for 204 E Sheridan St

Property Information

Property Type / Style
Property Type: Multi Family

Price and Tax history

DateEventPrice
Jul 16, 2021
Source: N/A
Sold
$165,000
Dec 2, 2014
Source: N/A
Sold
$172,050
Apr 1, 2010
Source: Agent Provided
ListingRemoved
$275,000
Mar 3, 2010
Source: Agent Provided
Listed For Sale
$275,000

Market trends in Ely

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
98
2
MoM

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. "
  • 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 . "
  • 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. "
  • 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."
  • 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."
  • 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."

LGBTQ Local Legal Protections

Frequently asked questions about 204 E Sheridan St

  • What is 204 E Sheridan St estimated to be worth?
    Trulia's estimated value for 204 E Sheridan St in Ely, MN is $229,600.
  • What is the price history for 204 E Sheridan St?
    204 E Sheridan St in Ely, MN last sold for $165,000 in July 2021.
  • 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.

Apartments for Rent

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Off Market Homes Near 204 E Sheridan St

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Homes for sale near 204 E Sheridan St

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