277 N 5th Ave E
Ely, MN 55731
- 2 Beds
- 1 Bath
- 1,281 sqft (on 0.30 acres)
2 Beds
1 Bath
1,281 sqft
(on 0.30 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1890
Lot Size
0.3 acres
Living Area
1,281 sqft
Price/Sqft
$110
About this House
DON'T PAY LAKESHORE TAXES!! Here is your opportunity to own an in-town cabin at an affordable price - or make it your year around home. Trailer your boat to any of the area's many lakes. Just a short walk downtown to enjoy Ely's great restaurants and shopping. Yard has several fruit trees and lilac bushes. Propane wall furnace in living room and some kitchen upgrades.
277 N 5th Ave E, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 1,281 sqft single-family home built in 1890. It last sold for $112,000 on Dec 7, 2021. It is currently off market. The Trulia Estimate is $140,500, with a rent estimate of $1,482/month.
Home Details for 277 N 5th Ave E
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Interior Details BasementAdditional StorageNumber of Rooms: 7Types of Rooms: Family Room, Laundry Room, Mud RoomStorage |
Heating & Cooling Heating: Radiant, Propane ButaneAir ConditioningCooling System: WallHeating Fuel: Radiant |
Levels, Entrance, & Accessibility Stories: 2Floors: Hardwood |
Appliances & Utilities Cable ReadyDishwasherDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Fireplace |
Windows, Doors, Floors & Walls Double Paned Windows |
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Exterior Home Features Roof: CompositionExterior: VinylLawnPorch |
Parking & Garage Parking: Off Street |
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Year Built Year Built: 1890 |
Property Type / Style Property Type: Single Family HomeArchitecture: Bungalow |
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Units in Building: 546 |
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Lot Area: 0.30 acres |
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RV Parking Rv Parking |
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Pool Sauna |
Price History for 277 N 5th Ave E
| Date | Price | Event | Source |
|---|---|---|---|
| 06/30/2026 | $146,500 | ListingRemoved | Range AOR #149704 |
| 04/30/2026 | $146,500 | PriceChange | Range AOR #149704 |
| 04/02/2026 | $148,500 | Listed For Sale | Range AOR #149704 |
| 12/07/2021 | $112,000 | Sold | Lake Superior Area Realtors as distributed by MLS GRID #6100054 |
| 10/31/2021 | $114,900 | Contingent | Lake Superior Area Realtors as distributed by MLS GRID #6100054 |
| 10/06/2021 | $114,900 | Listed For Sale | Lake Superior Area Realtors as distributed by MLS GRID #6100054 |
| 02/08/2017 | $10,000 | Sold | Lake Superior Area Realtors as distributed by MLS GRID #6023337 |
| 10/14/2016 | $20,000 | PriceChange | Agent Provided |
| 10/05/2016 | $25,000 | PriceChange | Agent Provided |
| 06/21/2016 | $38,500 | Listed For Sale | Agent Provided |
| 10/17/2012 | $59,900 | ListingRemoved | Agent Provided |
| 10/11/2012 | $59,900 | Listed For Sale | Agent Provided |
| 05/20/2012 | $59,900 | ListingRemoved | Agent Provided |
| 06/07/2010 | $59,900 | Listed For Sale | Agent Provided |
| 10/01/2008 | $50,000 | Sold | N/A |
Market trends in Ely
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
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Available listings
96
16MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $496 |
| Assessment | $77,500 |
Home facts updated by county records
Comparable Sales for 277 N 5th Ave E
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Single-Family Home | $143,000 | 08/19/25 | 2 | 1 | 1,222 | |
0.04 | Single-Family Home | $165,500 | 05/01/26 | 3 | 1.5 | 1,346 | |
0.47 | Single-Family Home | $108,960 | 12/22/25 | 2 | 1 | 1,150 | |
0.54 | Single-Family Home | $112,000 | 05/11/26 | 2 | 1 | 1,250 | |
0.12 | Single-Family Home | $200,000 | 01/09/26 | 2 | 1.5 | 1,550 | |
0.42 | Single-Family Home | $90,000 | 08/15/25 | 3 | 1 | 1,299 | |
0.55 | Single-Family Home | $120,000 | 12/12/25 | 2 | 1 | 2,166 | |
0.54 | Single-Family Home | $154,900 | 05/08/26 | 2 | 1.5 | 1,012 | |
0.66 | Single-Family Home | $161,000 | 11/04/25 | 3 | 1 | 1,275 | |
0.58 | Single-Family Home | $234,000 | 05/04/26 | 3 | 1 | 1,160 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 277 N 5th Ave E.
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.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 277 N 5th Ave E
Off Market Homes Near 277 N 5th Ave E
Frequently asked questions about 277 N 5th Ave E
- What is 277 N 5th Ave E estimated to be worth?Trulia's estimated value for 277 N 5th Ave E in Ely, MN is $140,500.
- What is the price history for 277 N 5th Ave E?277 N 5th Ave E in Ely, MN last sold for $112,000 in December 2021.
- 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 277 N 5th Ave E have air conditioning?Yes, 277 N 5th Ave E in Ely, MN has air conditioning.
- Does 277 N 5th Ave E have laundry facilities?Yes, 277 N 5th Ave E in Ely, MN has in-unit laundry.

