224 E  Chapman St, Ely, MN 55731
Property image
Property image
OFF MARKET

$235,900

Trulia Estimate
  • Studio
  • 5,600 sqft

224 E Chapman St, Ely, MN 55731

Home Value

Trulia Estimate
$236K
Since last month
Decreased$54K (-18.6%)
Since last year
Increased$39K (+19.9%)
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 -3% in the last 10 years
MonthEstimated value
2026
August 2026$236K
July 2026$290K
June 2026$240K
2025
2024

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
0.08
Single-Family Home
$216,000
03/02/26
4
2.5
1,824
0.04
Single-Family Home
$159,250
11/10/25
-
1,444
0.19
Single-Family Home
$190,000
04/06/26
4
1.5
2,484
0.05
Single-Family Home
$164,000
06/18/26
3
2
1,299
0.20
Single-Family Home
$47,500
10/21/25
3
2
2,130
0.21
Single-Family Home
$116,000
12/16/25
4
1
1,827
0.12
Single-Family Home
$172,000
04/14/26
2
1.5
1,041
0.19
Single-Family Home
$200,000
01/09/26
2
1.5
1,550
0.29
Single-Family Home
$58,000
07/15/26
2
2.5
2,340
0.17
Single-Family Home
$272,500
07/10/26
4
1.5
1,400

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
$289,800
4
2
4,164
Off Market
0.04
$69,400
Studio
-
-
Off Market
0.05
$164,000
3
2
1,299
Recently Sold
0.06
$172,900
3
2
1,456
Off Market
0.08
$239,900
4
1.5
2,469
Off Market
0.08
$213,100
1
0.5
-
Off Market
0.08
$239,300
2
0.5
-
Off Market
0.08
$346,100
2
1
1,040
Off Market
0.08
$536,900
4
3
1,064
Off Market
0.08
-
-
-
-
Off Market
0.08
-
-
-
-
Off Market
0.08
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 224 E Chapman St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
5,600 sqft
Price/Sqft
$42

About this House

5600 square feet of Opportunity! Building situated on 225 x 125 lot in Ely's principal business sector with paved parking lot for 20+ vehicles! Building features multiple offices plus a large reception area lending itself to a variety of business opportunities. Full basement with plenty of storage. Call for additional details & an appointment to view. Motivated Sellers! $229,000 Located directly across from City hall
224 E Chapman St, Ely, MN 55731 is a studio, 5,600 sqft single-family home. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $235,900, with a rent estimate of $1,563/month.

Home Details for 224 E Chapman St

Property Information

Property Type / Style
Property Type: Single Family Home

Price and Tax history

DateEventPrice
May 17, 2008
Source: Agent Provided
ListingRemoved
$229,000
Mar 20, 2007
Source: Agent Provided
Listed For Sale
$229,000

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 224 E Chapman St

  • What is 224 E Chapman St estimated to be worth?
    Trulia's estimated value for 224 E Chapman St in Ely, MN is $235,900.
  • 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 224 E Chapman St?
    The closest schools to 224 E Chapman 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).

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 224 E Chapman St

Skip to last item
Skip to first item

Homes for sale near 224 E Chapman St

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item