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

240 E Chapman St
Ely, MN 55731

  • 4 Beds
  • 2 Baths
  • 1,186 sqft

$176,300

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $1,115/mo*
Refinance Your Home

$176,300

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $1,115/mo*
Refinance Your Home
4 Beds
2 Baths
1,186 sqft

Local Information

  • Map ViewExplore the area around 240 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
Year Built
1941
Living Area
1,186 sqft
Price/Sqft
$149
Parking
Garage

About this House

Beautiful BWCA inspired 4 bedrooms, 1.75 bathroom house located in the heart of downtown next to Library. Amenities included: central heat, new windows, deck, hardwood floors, updated kitchen, updated bathroom, washer dryer, and yard. No Utilities included. Is pet friendly. $950/month rent. $950 security deposit required.

Renters are responsible for all utilities including heat, electricity, and water.
240 E Chapman St, Ely, MN 55731 is a 4 bedroom, 2 bathroom, 1,186 sqft single-family home built in 1941. It last sold for $123,000 on Nov 2, 2020. More recently, it was listed as a rental in June 2020 with an asking price of $950 per month. That rental listing was removed on February 26, 2021. It is currently off market. The Trulia Estimate is $176,300, with a rent estimate of $1,933/month.

Home Details for 240 E Chapman St

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Appliances & Utilities
DryerWasher

Property Information

Year Built
Year Built: 1941
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
DeckExterior: Wood
Parking & Garage
GarageParking: Off Street, Garage

Community

Units in Building: 1

Lot Information

Lot Area: 3049 sqft

Price History for 240 E Chapman St

DatePriceEventSource
02/26/2021ListingRemovedN/A
11/02/2020$123,000Sold
N/A
07/11/2020$950ListingRemovedN/A
06/10/2020$950Listed For RentN/A
11/20/2017$43,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #6030063
10/26/2017$54,900PendingAgent Provided
09/08/2017$54,900PriceChange
Agent Provided
07/05/2017$59,000Listed For SaleAgent Provided
11/10/2004$75,000Sold
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$1,738
Assessment$111,000
Home facts updated by county records

Comparable Sales for 240 E Chapman St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
235 E Harvey St, Ely, MN
0.03
Single-Family Home
$164,000
06/18/26
3
2
1,299
27 E Harvey St, Ely, MN
0.16
Single-Family Home
$172,000
04/14/26
2
1.5
1,041
45 W Chapman St, Ely, MN
0.25
Single-Family Home
$115,000
06/29/26
4
1.5
1,500
313 E Chapman St, Ely, MN
0.05
Single-Family Home
$216,000
03/02/26
4
2.5
1,824
21 E Harvey St, Ely, MN
0.16
Single-Family Home
$90,000
08/15/25
3
1
1,299
23 W Harvey St, Ely, MN
0.23
Single-Family Home
$190,000
04/06/26
4
1.5
2,484
124 E White St, Ely, MN
0.21
Single-Family Home
$195,000
04/06/26
3
3
1,200
24 E Conan St, Ely, MN
0.20
Single-Family Home
$272,500
07/10/26
4
1.5
1,400
246 N 5th Ave E, Ely, MN
0.27
Single-Family Home
$165,500
05/01/26
3
1.5
1,346
416 E Camp St, Ely, MN
0.17
Single-Family Home
$200,000
01/09/26
2
1.5
1,550

Nearby homes

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Assigned Schools

These are the assigned schools for 240 E Chapman 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. "
    0
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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. "
    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

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Apartments for Rent

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Homes for sale near 240 E Chapman St

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Off Market Homes Near 240 E Chapman St

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Frequently asked questions about 240 E Chapman St

  • What is 240 E Chapman St estimated to be worth?
    Trulia's estimated value for 240 E Chapman St in Ely, MN is $176,300.
  • What is the price history for 240 E Chapman St?
    240 E Chapman St in Ely, MN last sold for $123,000 in November 2020.
  • 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 240 E Chapman St have air conditioning?
    Yes, 240 E Chapman St in Ely, MN has air conditioning.
  • Does 240 E Chapman St have laundry facilities?
    Yes, 240 E Chapman St in Ely, MN has in-unit laundry.