727 S 1st Ave E, Ely, MN 55731
Bedroom 2
Property image
OFF MARKET

$343,000

Tax assessed value
  • 3 Beds
  • 2 Baths
  • 1,900 sqft

727 S 1st Ave E, Ely, MN 55731

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
36 E Beacon Hill Rd, Ely, MN
0.22
Single-Family Home
$198,000
11/12/25
3
2
1,920
21 White St, Ely, MN
0.32
Single-Family Home
$47,500
10/21/25
3
2
2,130
137 E Boundary St, Ely, MN
0.14
Single-Family Home
$209,000
12/12/25
2
2
1,287
118 E James St, Ely, MN
0.19
Single-Family Home
$275,000
08/03/26
3
1
1,882
236 Ahola Rd, Ely, MN
0.33
Single-Family Home
$364,000
11/17/25
3
2
2,520
2 E Conan St, Ely, MN
0.34
Single-Family Home
$178,000
08/24/26
3
2
1,472
545 E Wilson St, Ely, MN
0.35
Single-Family Home
$220,000
04/15/26
3
2
1,544
647 E Boundary St, Ely, MN
0.44
Single-Family Home
$195,000
10/07/25
3
2
2,000
45 E Boundary St, Ely, MN
0.13
Single-Family Home
$35,000
10/24/25
3
1
1,134
111 E James St, Ely, MN
0.20
Single-Family Home
$58,000
07/15/26
2
2.5
2,340

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
40 Allaire St, Ely, MN 55731
0.06
-
-
-
-
Off Market
4 E Boundary St, Ely, MN 55731
0.09
$274,400
2
1.5
1,514
Off Market
37 E Boundary St, Ely, MN 55731
0.12
$189,000
2
2
1,058
For Sale
23 E Boundary St, Ely, MN 55731
0.13
$256,300
2
2.5
810
Off Market
137 E Boundary St, Ely, MN 55731
0.14
$209,000
2
2
1,287
Recently Sold
232 E Boundary St, Ely, MN 55731
0.16
$305,800
4
2.5
2,160
Off Market
14 E James St, Ely, MN 55731
0.17
$224,900
4
1.5
1,360
Off Market
36 E Beacon Hill Rd, Ely, MN 55731
0.22
$201,500
3
2
1,920
Off Market
105 E James St, Ely, MN 55731
0.19
$235,300
3
1
1,436
Off Market
118 E James St, Ely, MN 55731
0.19
$275,000
3
1
1,882
Recently Sold
112 E Beacon Hill Rd, Ely, MN 55731
0.24
$258,200
2
2
2,080
Off Market
31 E Ahola Rd, Ely, MN 55731
0.26
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 727 S 1st Ave E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1965
1,900 sqft
Garage

About this House

What's unique:Warm inviting feelEasy flowWell-maintained interiorPeaceful surroundings
Welcome to your move-in ready retreat in the heart of Ely! Nestled in a quiet, family-friendly neighborhood, this home offers the perfect blend of comfort, functionality, and space to gather.

Step inside to find a well-maintained interior with a warm, inviting feel and a layout designed for everyday living. Whether you’re hosting holiday gatherings, summer barbecues, or cozy nights in, this home makes entertaining effortless with its spacious living areas and easy flow.

Outside, enjoy the peaceful surroundings. Ideal for families or anyone looking to enjoy the charm of small-town living. Located just minutes from local schools, parks, and the natural beauty Ely is known for, you’ll love both the convenience and the tranquility this property provides.

This is a home where memories are made—move right in and start your next chapter.
727 S 1st Ave E, Ely, MN 55731 is a 3 bedroom, 3 bathroom, 1,900 sqft single-family home built in 1965. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $2,326/month.

Home Details for 727 S 1st Ave E

Interior Features

Interior Details
BasementNumber of Rooms: 9Types of Rooms: Dining Room, Family Room, Laundry Room, Master Bath, Pantry, Recreation Room, Sun RoomCeiling Fan
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Laminate, Linoleum Vinyl
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Other, BrickFoundation Type: SlabGardenLawnPorch
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1965
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1593

Price and Tax history

DateEventPrice
Aug 19, 2026
Source: N/A
ListingRemoved
Apr 17, 2026
Source: N/A
Listed For Sale
$400,000

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. "
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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
    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 727 S 1st Ave E

  • 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 727 S 1st Ave E?
    The closest schools to 727 S 1st 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).
  • Does 727 S 1st Ave E have air conditioning?
    Yes, 727 S 1st Ave E in Ely, MN has air conditioning.
  • Does 727 S 1st Ave E have laundry facilities?
    Yes, 727 S 1st Ave E in Ely, MN has in-unit laundry.
  • Does 727 S 1st Ave E have a garage?
    Yes, 727 S 1st Ave E in Ely, MN has a garage.

Apartments for Rent

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Off Market Homes Near 727 S 1st Ave E

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