525 S Central Ave, Ely, MN 55731
OFF MARKET

525 S Central Ave
Ely, MN 55731

  • 1 Bed
  • 1 Bath
  • 1,440 sqft (on 2 acres)

$119,800

Trulia Estimate
as of Jul 16, 2026
Est. Refi. Payment $776/mo*
Refinance Your Home

$119,800

Trulia Estimate
as of Jul 16, 2026
Est. Refi. Payment $776/mo*
Refinance Your Home
1 Bed
1 Bath
1,440 sqft
(on 2 acres)

Local Information

  • Map ViewExplore the area around 525 S Central Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

OPEN HOUSE MONDAY JULY 27, 2015 FROM 10 AM-1 PM, AND FRIDAY, JULY 31, 2015 FROM 10 AM-1 PM !

The 2.74-acre property is located at 525 South Central Avenue in Ely, Minnesota, and contains one
(1) residential building, and eleven (11) warehouse / storage / garage buildings. Further improvement descriptions are available in the Invitation For Bids document, which is located at the referenced website. This property will be sold via sealed bid. The opening of bids will occur on August 12, 2015. See the Invitation For Bids for further bid parameters.
525 S Central Ave, Ely, MN 55731 is a 1 bedroom, 1 bathroom, 1,440 sqft single-family home built in 1938. It last sold for $58,770 on Sep 30, 2015. It is currently off market. The Trulia Estimate is $119,800, with a rent estimate of $1,275/month.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 525 S Central Ave

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
Interior Details
Additional StorageTypes of Rooms: Pantry, WorkshopStorage

Property Information

Year Built
Year Built: 1938
Property Type / Style
Property Type: Single Family Home

Exterior Features

Parking & Garage
Parking: Carport

Lot Information

Lot Area: 2.00 acres

Price History for 525 S Central Ave

DatePriceEventSource
03/24/2021ListingRemovedN/A
09/30/2015$58,770Sold
N/A
07/02/2015$30,000PriceChange
N/A
02/02/2015$150,000Listed For SaleN/A

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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Comparable Sales for 525 S Central Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
45 E Boundary St, Ely, MN
0.10
Single-Family Home
$35,000
10/24/25
3
1
1,134
21 E Harvey St, Ely, MN
0.32
Single-Family Home
$90,000
08/15/25
3
1
1,299
42 W Shagawa Rd, Ely, MN
0.53
Single-Family Home
$110,000
09/23/25
1
1
852
21 White St, Ely, MN
0.20
Single-Family Home
$47,500
10/21/25
3
2
2,130
137 E Boundary St, Ely, MN
0.15
Single-Family Home
$209,000
12/12/25
2
2
1,287
27 W Shagawa Rd, Ely, MN
0.56
Single-Family Home
$50,000
08/08/25
2
1
2,248
7 Shagawa Rd, Ely, MN
0.56
Single-Family Home
$161,000
08/07/25
1
1
1,160
403 E Camp St, Ely, MN
0.60
Single-Family Home
$143,000
08/19/25
2
1
1,222
845 E White St, Ely, MN
0.68
Single-Family Home
$108,960
12/22/25
2
1
1,150

Nearby homes

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Assigned Schools

These are the assigned schools for 525 S Central 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 . "
    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
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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."
    0
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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."
    0
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Apartments for Rent

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Homes for sale near 525 S Central Ave

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Off Market Homes Near 525 S Central Ave

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