25 E 2nd Ave, Ely, MN 55731
Property image
Property image
OFF MARKET

25 E 2nd Ave
Ely, MN 55731

  • 4 Beds
  • 2 Baths
  • 4,164 sqft

$292,400

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $1,801/mo*
Refinance Your Home

$292,400

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $1,801/mo*
Refinance Your Home
4 Beds
2 Baths
4,164 sqft

Local Information

  • Map ViewExplore the area around 25 E 2nd Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
1910
Living Area
4,164 sqft
Price/Sqft
$70
Parking
Open Parking

About this House

"Coolest Small Towns" and a gateway to the BWCA (Boundary Waters Canoe Area) you have an incredible investment opportunity! Perfect for short-term or long-term rentals the existing duplex with updated units is already generating steady income. Each unit has 2 BR/1BA and offers beautifully updated interiors, an attached garage, and laundry facilities. The roof was installed in 2019. Each unit is 748 sq. ft. Duplex also has been insulated and new LP smart siding.
25 E 2nd Ave, Ely, MN 55731 is a 4 bedroom, 2 bathroom, 4,164 sqft condo built in 1910. It last sold for $278,000 on Jan 31, 2025 (1% below the $280,000 asking price). It is currently off market. The Trulia Estimate is $292,400, with a rent estimate of $2,292/month.

Home Details for 25 E 2nd Ave

Interior Features

Interior Details
Basement: Full
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2
Dimensions and Layout
Living Area: 4164 Square Feet
Heating & Cooling
Heating: Forced Air,Hot WaterHas HeatingHeating Fuel: Forced Air
Gas & Electric
Electric: City Of Ely
Levels, Entrance, & Accessibility
Number of Stories: 3
View
No View

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleFoundation: Concrete Perimeter
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street,None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2082 Square FeetFinished Area (below surface): 2082 Square Feet

Days on Market

Cumulative Days on Market: 23

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Condominium
Building
Construction Materials: Stucco, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 030001002720

Price & Status

Price
List Price: $280,000
Status Change & Dates
Off Market Date: Wed Dec 18 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Ely
School Information
High School District: Ely #696

HOA

No HOA

Lot Information

Lot Area: 3750 sqft

Business

Expense
Tenant Pays: Other

Rental Terms, Policies & Fees

Owner Pays: Electricity, Gas, Repairs, Trash Collection, Water, Sewer, Other

Miscellaneous

BasementMls Number: 6117103Attribution Contact: ***Above Grade Unfinished Area: 2082
Last check for updates: about 7 hours ago
Listed by Andrea Zupancich, (218) 749-0159
Z' Up North Realty
Bought with: Darcie Rae Novak, (218) 276-4087, My Place Realty, Inc.
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6117103

Price History for 25 E 2nd Ave

DatePriceEventSource
01/31/2025$278,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #6117103
12/18/2024$280,000PendingLake Superior Area Realtors as distributed by MLS GRID #6117103
12/18/2024$280,000ContingentRange AOR #147736
11/18/2024$280,000Listed For SaleRange AOR #147736

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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Nearby homes

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Assigned Schools

These are the assigned schools for 25 E 2nd Ave.
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 . "
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  • 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
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  • 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."
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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 25 E 2nd Ave

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Off Market Homes Near 25 E 2nd Ave

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Frequently asked questions about 25 E 2nd Ave

  • What is 25 E 2nd Ave estimated to be worth?
    Trulia's estimated value for 25 E 2nd Ave in Ely, MN is $292,400.
  • What is the price history for 25 E 2nd Ave?
    25 E 2nd Ave in Ely, MN last sold for $278,000 in January 2025.
  • 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 25 E 2nd Ave have parking?
    Yes, 25 E 2nd Ave in Ely, MN has on-site parking.
Based on information submitted to the MLS GRID as of 2026-08-09 17:52:20 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