424 E Sheridan St, Ely, MN 55731
Property image
Property image
OFF MARKET

$143,200

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,560 sqft

424 E Sheridan St, Ely, MN 55731

Est. Refi. Payment $987/mo*
Refinance Your Home
Currently Off Market - Sold Nov 30, 2020 for $65,000

Home Value

Trulia Estimate
$143K
Since last month
Decreased$3K (-1.9%)
Since last year
Increased$9K (+6.9%)
Since last sale
Increased$78K (+120.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +78% in the last 10 years
MonthEstimated value
2026
September 2026$143K
August 2026$146K
July 2026$144K
June 2026$145K
May 2026$141K
April 2026$136K
March 2026$136K
February 2026$130K
January 2026$126K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
235 E Harvey St, Ely, MN
0.15
Single-Family Home
$164,000
06/18/26
3
2
1,299
416 E Camp St, Ely, MN
0.06
Single-Family Home
$200,000
01/09/26
2
1.5
1,550
21 White St, Ely, MN
0.35
Single-Family Home
$47,500
10/21/25
3
2
2,130
845 E White St, Ely, MN
0.37
Single-Family Home
$108,960
12/22/25
2
1
1,150
45 E Boundary St, Ely, MN
0.48
Single-Family Home
$35,000
10/24/25
3
1
1,134
313 E Chapman St, Ely, MN
0.09
Single-Family Home
$216,000
03/02/26
4
2.5
1,824
254 N 5th Ave E, Ely, MN
0.16
Single-Family Home
$62,500
11/24/25
3
1
870
246 N 5th Ave E, Ely, MN
0.15
Single-Family Home
$165,500
05/01/26
3
1.5
1,346
409 E Camp St, Ely, MN
0.10
Single-Family Home
$116,000
12/16/25
4
1
1,827

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
421 E Chapman St, Ely, MN 55731
0.03
$235,800
3
1.5
1,440
Off Market
416 E Camp St, Ely, MN 55731
0.06
$200,000
2
1.5
1,550
Recently Sold
539 E Chapman St, Ely, MN 55731
0.09
$165,900
3
1.5
1,152
Off Market
403 E Camp St, Ely, MN 55731
0.10
$159,000
2
1
1,222
For Sale
313 E Chapman St, Ely, MN 55731
0.09
$216,000
4
2.5
1,824
Recently Sold
343 E Harvey St, Ely, MN 55731
0.10
$271,500
4
1
1,976
Off Market
xxx Point Dr, Ely, MN 55731
0.14
-
-
-
-
Off Market
xxx Wolf Lake Rd, Ely, MN 55731
0.14
$167,700
1
-
420
Off Market
xx W SHAGAWA RD, Ely, MN 55731
0.14
$488,400
3
1
2,370
Off Market
xx Southwest Shores Tr, Ely, MN 55731
0.14
$311,400
3
1
1,512
Off Market
TBD Twin Lakes Rd, Ely, MN 55731
0.14
$404,200
3
2
2,630
Off Market
- Jackpine Tr, Ely, MN 55731
0.14
$389,900
2
1
418
Off Market

Local Information

  • Map ViewExplore the area around 424 E Sheridan St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1910
1,560 sqft
$92/sqft

About this House

Commercial Office space with a 3 BR apt for additional income on one of Ely's busiest and most popular streets, Sheridan Street. Centrally located downtown, you love the exposure this location has to foot traffic and road / highway traffic. Nicely remodeled apartment provides for additional income, or open it up to accommodate more office space. Plenty of parking in back, propane gas heat, and update electric.
424 E Sheridan St, Ely, MN 55731 is a 3 bedroom, 1 bathroom, 1,560 sqft single-family home built in 1910. It last sold for $65,000 on Nov 30, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $143,200, with a rent estimate of $1,626/month.

Home Details for 424 E Sheridan St

Interior Features

Levels, Entrance, & Accessibility
Stories: 2

Property Information

Year Built
Year Built: 1910Year Updated: 1960
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Exterior Features

Exterior Home Features
Foundation Type: Slab

Community

Units in Building: 780

Lot Information

Lot Area: 3125 sqft

Price and Tax history

DateEventPrice
Nov 30, 2020
Source: N/A
Sold
$65,000
Jul 1, 2016
Source: N/A
Sold
$65,000
Jan 27, 2015
Source: Agent Provided
ListingRemoved
$69,000
Jan 19, 2015
Source: Agent Provided
Listed For Sale
$69,000
Nov 2, 2014
Source: Agent Provided
ListingRemoved
$75,000

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

Frequently asked questions about 424 E Sheridan St

  • What is 424 E Sheridan St estimated to be worth?
    Trulia's estimated value for 424 E Sheridan St in Ely, MN is $143,200.
  • What is the price history for 424 E Sheridan St?
    424 E Sheridan St in Ely, MN last sold for $65,000 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.
  • How big is the lot at 424 E Sheridan St?
    The lot at 424 E Sheridan St in Ely, MN is about 0.07 acres (3,125 sq ft).

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 424 E Sheridan St

Skip to last item
Skip to first item

Homes for sale near 424 E Sheridan St

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