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

$284,200

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 4,164 sqft

25 E 2nd Ave, Ely, MN 55731

Est. Refi. Payment $1,870/mo*
Refinance Your Home
Currently Off Market - Sold Jan 31, 2025 for $278,000

Home Value

Trulia Estimate
$284K
Since last month
Increased$5K (+1.6%)
Since last year
Increased$6K (+2.1%)
Since last sale
Increased$15K (+5.5%)
Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.

Trulia Estimate

The of this home's value increased by +8% in the last 10 years
MonthEstimated value
2026
September 2026$293K
August 2026$289K
July 2026$291K
June 2026$296K
May 2026$291K
April 2026$298K
March 2026$300K
February 2026$295K
January 2026$297K
2025
2024

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
143 E Harvey St, Ely, MN 55731
0.01
$85,600
Studio
-
-
Off Market
235 E Harvey St, Ely, MN 55731
0.06
$164,000
3
2
1,299
Recently Sold
241 E Harvey St, Ely, MN 55731
0.07
$160,800
3
2
1,456
Off Market
224 E Harvey St, Ely, MN 55731
0.07
$247,200
4
1.5
2,469
Off Market
TDB Eagle Pass Rd, Ely, MN 55731
0.11
$221,200
1
0.5
-
Off Market
429 S Kawishiwi Summer Homes Rd, Ely, MN 55731
0.11
$245,800
2
0.5
-
Off Market
XXXX Grant McMahan Blvd, Ely, MN 55731
0.11
$350,000
2
1
1,040
Off Market
XXX Burntside Lake Island, Ely, MN 55731
0.11
$565,600
4
3
1,064
Off Market
XXX Klondike Dr, Ely, MN 55731
0.11
-
-
-
-
Off Market
xxx Highway 169, Ely, MN 55731
0.11
-
-
-
-
Off Market
xxx Leo Ln, Ely, MN 55731
0.11
-
-
-
-
Off Market

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

Condo
Built in 1910
4,164 sqft
$68/sqft
Open Parking

About this House

What's unique:Attached garageNew lp smart sidingUpdated unitsBeautifully updated interiorsLaundry facilities
"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). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $284,200, with a rent estimate of $2,048/month.
Last check for updates: about 19 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

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

Price and Tax history

DateEventPrice
Jan 31, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6117103
Sold
$278,000
Dec 18, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6117103
Pending
$280,000
Dec 18, 2024
Source: Range AOR #147736
Contingent
$280,000
Nov 18, 2024
Source: Range AOR #147736
Listed For Sale
$280,000

Market trends in Ely

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
103
5MoM

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.
  • 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

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-23 10:57:13 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

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 $284,200.
  • 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.

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 25 E 2nd Ave

Skip to last item
Skip to first item

Homes for sale near 25 E 2nd Ave

Skip to last item
  • Results are loading
Skip to first item
Skip to last item
  • Results are loading
Skip to first item