218 N 1st Ave E, Ely, MN 55731
Property image
Property image
OFF MARKET

218 N 1st Ave E
Ely, MN 55731

  • 3 Beds
  • 1.5 Baths
  • 1,636 sqft

$182,100

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $1,168/mo*
Refinance Your Home

$182,100

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $1,168/mo*
Refinance Your Home
3 Beds
1.5 Baths
1,636 sqft

Home Value

Trulia Estimate
$182K
Since last month
Decreased$9K (-4.8%)
Since last year
Increased$82K (+84.6%)
Since last sale
Increased$90K (+99.6%)
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 +148% in the last 10 years
MonthEstimated value
2026
August 2026$180K
July 2026$189K
June 2026$194K
May 2026$180K
April 2026$148K
March 2026$116K
February 2026$98K
January 2026$99K
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
45 W Chapman St, Ely, MN
0.20
Single-Family Home
$115,000
06/29/26
4
1.5
1,500
313 E Chapman St, Ely, MN
0.20
Single-Family Home
$216,000
03/02/26
4
2.5
1,824
235 E Harvey St, Ely, MN
0.22
Single-Family Home
$164,000
06/18/26
3
2
1,299
416 E Camp St, Ely, MN
0.22
Single-Family Home
$200,000
01/09/26
2
1.5
1,550
21 White St, Ely, MN
0.32
Single-Family Home
$47,500
10/21/25
3
2
2,130
246 N 5th Ave E, Ely, MN
0.29
Single-Family Home
$165,500
05/01/26
3
1.5
1,346
23 W Harvey St, Ely, MN
0.23
Single-Family Home
$190,000
04/06/26
4
1.5
2,484
232 W Sheridan St, Ely, MN
0.28
Single-Family Home
$194,000
10/06/25
3
1
963

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
108 E Washington St, Ely, MN 55731
0.01
$230,300
3
1
1,892
Off Market
221 E Washington St, Ely, MN 55731
0.06
$292,700
3
2
2,200
Off Market
XX Pioneer Dr, Ely, MN 55731
0.09
-
-
-
-
Off Market
XX Pioneer Dr, Ely, MN 55731
0.09
-
-
-
-
Off Market
XX Pioneer Dr, Ely, MN 55731
0.09
-
-
-
-
Off Market
XX Pioneer Dr, Ely, MN 55731
0.09
-
-
-
-
Off Market
TDB Eagle Pass Rd, Ely, MN 55731
0.12
$213,300
1
0.5
-
Off Market
429 S Kawishiwi Summer Homes Rd, Ely, MN 55731
0.12
$244,600
2
0.5
-
Off Market
XXXX Grant McMahan Blvd, Ely, MN 55731
0.12
$353,100
2
1
1,040
Off Market
XXX Burntside Lake Island, Ely, MN 55731
0.12
$546,300
4
3
1,064
Off Market
XXX Klondike Dr, Ely, MN 55731
0.12
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 218 N 1st Ave E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1920
Living Area
1,636 sqft
Price/Sqft
$111

About this House

This home boost great possibilities as a fixer upper with much room to work with. Great location with easy walking distance to downtown Ely and Trezona Trail. The main floor has a large living area, front and back porch entry. Front foyer that leads upstairs. Nice size bedrooms. Dining and kitchen area have a great view of the back yard with mature trees accenting the yard space.
218 N 1st Ave E, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 1,636 sqft single-family home built in 1920. It last sold for $90,000 on Sep 12, 2024 (1% above the $89,000 asking price). It is currently off market. The Trulia Estimate is $182,100, with a rent estimate of $1,864/month.
Last check for updates: about 11 hours ago
Listed by Lori Schulze, (218) 343-1787
Keller Williams Classic Realty NW - Ely
Bought with: Anna Yahnke, (218) 235-3547, Bear Island Realty LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6115412

Home Details for 218 N 1st Ave E

Interior Features

Interior Details
Basement: Full,UnfinishedNumber of Rooms: 12Types of Rooms: Bedroom, Bathroom, Dining Room, Foyer, Kitchen, Living Room, Office, Porch
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1636 Square FeetFoundation Area: 1044
Appliances & Utilities
Appliances: Water Heater-Electric, Range, RefrigeratorRefrigerator
Heating & Cooling
Heating: Forced Air,PropaneHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: City Of Ely
Levels, Entrance, & Accessibility
Number of Stories: 2
View
Has a ViewView: City Lights

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleVegetation: Heavily WoodedFoundation: Concrete Perimeter, Rock
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Gravel,None
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1636 Square Feet

Days on Market

Cumulative Days on Market: 4

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Vinyl, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 030028000080

Price & Status

Price
List Price: $89,000
Status Change & Dates
Off Market Date: Tue Aug 13 2024

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Ely
School Information
High School District: Ely #696

HOA

No HOA

Lot Information

Lot Area: 6534 sqft

Miscellaneous

BasementMls Number: 6115412Attribution Contact: ***Above Grade Unfinished Area: 1636

Price and Tax history

DateEventPrice
Sep 12, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6115412
Sold
$90,000
Aug 17, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6115412
Contingent
$89,000
Aug 9, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6115412
Listed For Sale
$89,000

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
2MoM

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

Based on information submitted to the MLS GRID as of 2026-08-21 03:07:16 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 218 N 1st Ave E

  • What is 218 N 1st Ave E estimated to be worth?
    Trulia's estimated value for 218 N 1st Ave E in Ely, MN is $182,100.
  • What is the price history for 218 N 1st Ave E?
    218 N 1st Ave E in Ely, MN last sold for $90,000 in September 2024.
  • 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.
  • How big is the lot at 218 N 1st Ave E?
    The lot at 218 N 1st Ave E in Ely, MN is about 0.15 acres (6,534 sq ft).
  • Does 218 N 1st Ave E have parking?
    Yes, 218 N 1st Ave E in Ely, MN has on-site parking.

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