229 E Sheridan St, Ely, MN 55731
SOLD
MAY 18, 2026

229 E Sheridan St
Ely, MN 55731

  • Studio
  • 3,088 sqft

$270,000

Last Sold: May 18, 2026
$87/sqft
Est. Refi. Payment $1,669/mo*
Refinance Your Home

$270,000

Last Sold: May 18, 2026
$87/sqft
Est. Refi. Payment $1,669/mo*
Refinance Your Home
Studio
3,088 sqft

Local Information

  • Map ViewExplore the area around 229 E Sheridan St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1910
Living Area
3,088 sqft
Price/Sqft
$87/sqft
Parking
Garage

About this House

Covered, deck, 3BR, kitchen, storage areas, supply room. Extensive display area. The building is being sold subject to an existing lease.<br/><br/>Brokered And Advertised By: BWCA Real Estate<br/>Listing Agent: Janet Erchul
229 E Sheridan St, Ely, MN 55731 is a studio, 3,088 sqft multi-family built in 1910. It last sold for $270,000 on May 18, 2026. It is currently off market. The Trulia Estimate is $273,300, with a rent estimate of $1,209/month.

Home Details for 229 E Sheridan St

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Elevator

Property Information

Year Built
Year Built: 1910Year Updated: 1965
Property Type / Style
Property Type: Multi Family

Exterior Features

Parking & Garage
GarageParking: Garage Detached

Price & Status

Price
Price Per Sqft: $87/sqft

Community

Units in Building: 572

Price History for 229 E Sheridan St

DatePriceEventSource
05/18/2026$270,000Sold
N/A
06/19/2010$275,000ListingRemovedAgent Provided
03/06/2010$275,000Listed For SaleAgent Provided
07/16/2009$283,637Sold
N/A
03/31/2006$189,500Sold
N/A
10/29/2004$165,000Sold
N/A

Market trends in Ely

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
96
16MoM
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Property Tax and Assessment

Year2024
Tax$7,106
Assessment$264,300
Home facts updated by county records

Comparable Sales for 229 E Sheridan St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
141 E Chapman St, Ely, MN
0.08
Multi-Family Home
$329,000
10/03/25
3
2.5
3,000
500 N Main St, Winton, MN
3.49
Multi-Family Home
$15,630
06/23/26
12
4
4,860
Home facts updated by county records

Nearby homes

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Assigned Schools

These are the assigned schools for 229 E Sheridan St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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. "
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  • 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. "
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  • 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
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  • 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."
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Apartments for Rent

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Homes for sale near 229 E Sheridan St

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Off Market Homes Near 229 E Sheridan St

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Frequently asked questions about 229 E Sheridan St

  • What is 229 E Sheridan St estimated to be worth?
    Trulia's estimated value for 229 E Sheridan St in Ely, MN is $273,300.
  • What is the price history for 229 E Sheridan St?
    229 E Sheridan St in Ely, MN last sold for $270,000 in May 2026.
  • 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.