437 S  2nd Ave E, Ely, MN 55731
OFF MARKET

437 S 2nd Ave E
Ely, MN 55731

    Local Information

    • Map ViewExplore the area around 437 S 2nd Ave E.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    437 S 2nd Ave E is in Ely, MN and in ZIP code 55731.
    437 S 2nd Ave E, Ely, MN 55731 is a unknown. It last sold for $345,000 on Dec 16, 2022. It is currently off market. The Trulia Estimate rent is $1,815/month.

    Home Details for 437 S 2nd Ave E

    Property Information

    Property Type / Style
    Property Type: Unknown

    Price History for 437 S 2nd Ave E

    DatePriceEventSource
    12/17/2022$429,000PendingNorthstarMLS as distributed by MLS GRID #6158205
    12/16/2022$345,000Sold
    Lake Superior Area Realtors as distributed by MLS GRID #6105247
    11/18/2022$429,000ContingentRange AOR #142122
    10/27/2022$429,000PendingLake Superior Area Realtors as distributed by MLS GRID #6105247
    08/09/2021$429,000Listed For SaleNorthstarMLS as distributed by MLS GRID #6081337

    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
    16
    MoM
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    Comparable Sales for 437 S 2nd Ave E

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.02
    Single-Family Home
    $275,000
    08/03/26
    3
    1
    1,882
    0.07
    Single-Family Home
    $209,000
    12/12/25
    2
    2
    1,287
    0.18
    Single-Family Home
    $272,500
    07/10/26
    4
    1.5
    1,400
    0.09
    Single-Family Home
    $195,000
    04/06/26
    3
    3
    1,200
    0.31
    Single-Family Home
    $220,000
    04/15/26
    3
    2
    1,544
    0.26
    Single-Family Home
    $172,000
    04/14/26
    2
    1.5
    1,041
    0.03
    Single-Family Home
    $58,000
    07/15/26
    2
    2.5
    2,340
    0.29
    Single-Family Home
    $190,000
    04/06/26
    4
    1.5
    2,484
    0.35
    Single-Family Home
    $230,000
    09/10/25
    3
    2
    1,644
    0.35
    Single-Family Home
    $230,000
    05/01/26
    3
    1.5
    1,350

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    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. "
    • 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 . "
    • 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. "
    • 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."
    • 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."
    • 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."

    LGBTQ Local Legal Protections

    Apartments for Rent

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    Homes for sale near 437 S 2nd Ave E

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    Off Market Homes Near 437 S 2nd Ave E

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    Frequently asked questions about 437 S 2nd Ave E

    • What is the price history for 437 S 2nd Ave E?
      437 S 2nd Ave E in Ely, MN last sold for $345,000 in December 2022.
    • 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.
    • What are the closest schools to 437 S 2nd Ave E?
      The closest schools to 437 S 2nd Ave E in Ely, MN are Memorial Middle School (rated 7/10), Memorial Secondary (High, rated 9/10), Washington Elementary School (Pre-K, rated 6/10).