247 N 5th Ave E, Ely, MN 55731
Property image
Property image
OFF MARKET

247 N 5th Ave E
Ely, MN 55731

  • 3 Beds
  • 2 Baths
  • 2,378 sqft

$204,000

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $1,279/mo*
Refinance Your Home

$204,000

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $1,279/mo*
Refinance Your Home
3 Beds
2 Baths
2,378 sqft

Local Information

  • Map ViewExplore the area around 247 N 5th 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
1890
Living Area
2,378 sqft
Price/Sqft
$86
Parking
Garage

About this House

Nice, well cared for 3 bedroom, 2 bath older home with 1,600 sq. ft. of living space. Updates include new knotty pine paneling, hardwood bamboo flooring, new carpeting, field stone gas fireplace, and main floor laundry. Main floor has large kitchen/dining area, ¾ bathroom, living room, master bedroom, laundry area and 4 season porch with wood burning stove. Upper level has 2 bedrooms, office and full bath. Large basement with workshop and storage. 2 car detached garage with lean-to for extra storage. Home has vinyl siding and metal roof. Sewer is compliant. Move in condition and walking distance to shops.
247 N 5th Ave E, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 2,378 sqft single-family home built in 1890. It last sold for the $175,000 asking price on Jul 31, 2024. It is currently off market. The Trulia Estimate is $204,000, with a rent estimate of $2,003/month.

Home Details for 247 N 5th Ave E

Interior Features

Interior Details
Basement: FullNumber of Rooms: 12Types of Rooms: Master Bedroom, Bedroom, Bathroom, Deck, Four Season Porch, Kitchen, Laundry, Living Room, Office, Workshop
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 2378 Square FeetFoundation Area: 1520
Heating & Cooling
Heating: Forced Air,OilHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 2Fireplace: MultipleHas a Fireplace
Gas & Electric
Electric: City Of Ely
Levels, Entrance, & Accessibility
Number of Stories: 2
View
No View

Exterior Features

Exterior Home Features
Roof: MetalFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached,Electrical Service,Slab
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1578 Square FeetFinished Area (below surface): 800 Square Feet

Days on Market

Cumulative Days on Market: 25

Property Information

Year Built
Year Built: 1890
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary
Building
Construction Materials: Vinyl, Frame/Wood
Property Information
Parcel Number: 030028500320

Price & Status

Price
List Price: $175,000
Status Change & Dates
Off Market Date: Fri Jul 05 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: 5227.2 sqft

Miscellaneous

BasementMls Number: 6114167Attribution Contact: ***Above Grade Unfinished Area: 1578
Last check for updates: about 2 hours ago
Listed by Don Stocks, (218) 340-1353
Wildwoods Land Company
Bought with: Jim Burke, (218) 235-8619, Keller Williams Classic Realty - Duluth
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6114167

Price History for 247 N 5th Ave E

DatePriceEventSource
07/31/2024$174,500Sold
Lake Superior Area Realtors as distributed by MLS GRID #6114167
07/16/2024$175,000PendingLake Superior Area Realtors as distributed by MLS GRID #6114167
07/05/2024$175,000ContingentLake Superior Area Realtors as distributed by MLS GRID #6114167
06/10/2024$175,000Listed For SaleLake Superior Area Realtors as distributed by MLS GRID #6114167
12/04/2020$120,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #6093725
10/20/2020$117,000PendingAgent Provided
10/20/2020$117,000Listed For SaleAgent Provided
04/28/2017$58,000Sold
N/A
04/07/2017$69,000PendingAgent Provided
03/31/2017$69,000PriceChange
Agent Provided
03/23/2017$75,000PendingAgent Provided
12/22/2016$75,000PriceChange
Agent Provided
09/22/2016$84,950PriceChange
Agent Provided
07/08/2016$89,500PriceChange
Agent Provided
11/05/2015$99,975Listed For SaleAgent Provided
07/17/2015$139,000ListingRemovedAgent Provided
06/06/2015$139,000Listed For SaleAgent Provided
02/26/2015$150,000ListingRemovedAgent Provided
11/09/2014$150,000Listed For SaleAgent Provided

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$2,004
Assessment$129,000
Home facts updated by county records

Comparable Sales for 247 N 5th Ave E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
246 N 5th Ave E, Ely, MN
0.02
Single-Family Home
$165,500
05/01/26
3
1.5
1,346
416 E Camp St, Ely, MN
0.10
Single-Family Home
$200,000
01/09/26
2
1.5
1,550
313 E Chapman St, Ely, MN
0.21
Single-Family Home
$216,000
03/02/26
4
2.5
1,824
235 E Harvey St, Ely, MN
0.29
Single-Family Home
$164,000
06/18/26
3
2
1,299
23 W Harvey St, Ely, MN
0.46
Single-Family Home
$190,000
04/06/26
4
1.5
2,484
647 E Boundary St, Ely, MN
0.56
Single-Family Home
$195,000
10/07/25
3
2
2,000
403 E Camp St, Ely, MN
0.08
Single-Family Home
$143,000
08/19/25
2
1
1,222
1151 E Camp St, Ely, MN
0.51
Single-Family Home
$221,000
02/19/26
3
3
1,975
45 W Chapman St, Ely, MN
0.45
Single-Family Home
$115,000
06/29/26
4
1.5
1,500
712 E Pattison St, Ely, MN
0.48
Single-Family Home
$249,900
05/29/26
3
2
1,170

Nearby homes

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Assigned Schools

These are the assigned schools for 247 N 5th Ave E.
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
    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

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Apartments for Rent

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Homes for sale near 247 N 5th Ave E

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Off Market Homes Near 247 N 5th Ave E

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Frequently asked questions about 247 N 5th Ave E

  • What is 247 N 5th Ave E estimated to be worth?
    Trulia's estimated value for 247 N 5th Ave E in Ely, MN is $204,000.
  • What is the price history for 247 N 5th Ave E?
    247 N 5th Ave E in Ely, MN last sold for $174,500 in July 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.
  • Does 247 N 5th Ave E have laundry facilities?
    Yes, 247 N 5th Ave E in Ely, MN has laundry facilities.
  • How big is the lot at 247 N 5th Ave E?
    The lot at 247 N 5th Ave E in Ely, MN is about 0.12 acres (5,227 sq ft).
Based on information submitted to the MLS GRID as of 2026-08-09 13:47:23 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