$171,400
as of Sep 27, 2026
2 Beds
1 Bath
2,400 sqft
224 S 2nd Ave E, Ely, MN 55731
Home Highlights
Single-Family Home
2,400 sqft
$71/sqft
Attached Garage
Local Information
- Map ViewExplore the area around 224 S 2nd Ave E.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
What's unique:Fresh modern kitchenPlenty of natural lightBright inviting living spacesBrand new appliancesComfortable accommodationsBeautifully updated
This beautifully updated 2-bedroom, 1-bath home offering comfort, style, and convenience. Featuring brand new appliances, this home provides a fresh, modern kitchen perfect for everyday living and entertaining.
The bright, inviting living spaces create a warm atmosphere, while both bedrooms offer comfortable accommodations with plenty of natural light. The full bathroom has been thoughtfully maintained, making this home move-in ready.
The bright, inviting living spaces create a warm atmosphere, while both bedrooms offer comfortable accommodations with plenty of natural light. The full bathroom has been thoughtfully maintained, making this home move-in ready.
224 S 2nd Ave E, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 2,400 sqft single-family home. It last sold for $110,000 on Jan 10, 2022 (7,258% above the $1,495 asking price). More recently, it was listed as a rental in August 2026 with an asking price of $1,495 per month. That rental listing was removed on August 26, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $171,400, with a rent estimate of $1,523/month.
Home Details for 224 S 2nd Ave E
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Heating & Cooling Heating: Central, Forced AirAir ConditioningCooling System: Air Conditioner, Central AirHeating Fuel: Central |
Appliances & Utilities DishwasherDryerRefrigeratorWasher |
Levels, Entrance, & Accessibility Floors: Hardwood |
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Property Type / Style Property Type: Single Family Home |
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Lease Term: 1 YearAvailable: now |
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Parking & Garage GarageParking: Attached Garage, On Site |
Comparable Sales for 224 S 2nd Ave E
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.15 | Single-Family Home | $275,000 | 08/03/26 | 3 | 1 | 1,882 sqft | |
0.34 | Single-Family Home | $116,000 | 12/16/25 | 4 | 1 | 1,827 sqft | |
0.14 | Single-Family Home | $58,000 | 07/15/26 | 2 | 2.5 | 2,340 sqft | |
0.61 | Single-Family Home | $120,000 | 12/12/25 | 2 | 1 | 2,166 sqft | |
0.47 | Single-Family Home | $108,960 | 12/22/25 | 2 | 1 | 1,150 sqft | |
0.12 | Single-Family Home | $47,500 | 10/21/25 | 3 | 2 | 2,130 sqft | |
0.16 | Single-Family Home | $172,000 | 04/14/26 | 2 | 1.5 | 1,041 sqft | |
0.13 | Single-Family Home | $164,000 | 06/18/26 | 3 | 2 | 1,299 sqft |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
OFF MARKETLori Schulze, Keller Williams Classic Realty NW - Ely
OFF MARKETJodi Nyman, Z' Up North Realty
SOLDAUG 28, 2026Jerry Fink, Canoe Capital Realty, LLC
OFF MARKETAnna Yahnke, Bear Island Realty LLC- OFF MARKETPatricia Bulinski, Bear Island Realty LLC
OFF MARKETJoseph Tome, Grand Properties
SOLDJUL 10, 2026Jerry Fink, Canoe Capital Realty, LLC
OFF MARKETDon Stocks, Wildwoods Land Company
OFF MARKETAndrea Zupancich, Z' Up North Realty
Rental Market Trends in Ely
Last updated Sep 2026
Trulia Rent Estimate$1,523/mo
Average rent
$1.28K
$42MoM
Available listings
1
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 26, 2026 Source: Zillow Rentals | ListingRemoved | $1,495 |
Aug 3, 2026 Source: Zillow Rentals | Listed For Rent | $1,495 |
Jan 11, 2025 Source: Lake Superior Area Realtors as distributed by MLS GRID #6099267 | ListingRemoved | $119,000 |
Jan 10, 2022 Source: NorthstarMLS as distributed by MLS GRID #6090122 | Sold | $110,000 |
Sep 3, 2021 Source: Lake Superior Area Realtors as distributed by MLS GRID #6099267 | Pending | $119,000 |
Frequently asked questions about 224 S 2nd Ave E
- What is 224 S 2nd Ave E estimated to be worth?Trulia's estimated value for 224 S 2nd Ave E in Ely, MN is $171,400.
- What is the price history for 224 S 2nd Ave E?224 S 2nd Ave E in Ely, MN last sold for $110,000 in January 2022.
- 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.
- Does 224 S 2nd Ave E have air conditioning?Yes, 224 S 2nd Ave E in Ely, MN has air conditioning.
- Does 224 S 2nd Ave E have laundry facilities?Yes, 224 S 2nd Ave E in Ely, MN has in-unit laundry.
Homes for rent near 224 S 2nd Ave E
INCOME RESTRICTED
See more homes for rent inEly
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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