1027 E Chapman Street, Ely, MN 55731 - Photo 1

1/1

$180,500

Sold
Closed
Single Family
4 Beds
2 Full Baths
1,496 Sq. Ft.

1/1

Property Description

Spacious 4-Bed, 2-Bath Family Home in Ely, MN - With Income Potential! Welcome to this versatile home located on the east end of Ely-perfect for growing families or those looking to offset their mortgage with rental income. This property offers two fully functional living spaces, with a kitchen and living room on both floors. Ideal for multi-generational living, a mother-in-law suite, or a long-term or short-term rental. Restored maple flooring adds warmth and charm throughout, newer tip-out windows bring in natural light and are easy to clean. Sitting on five city lots, there's ample space for kids to play, gardening, or building a future garage or workshop. Located in a residential area close to schools, parks, and downtown Ely. Live comfortably on the main floor and rent out the upper level for extra income. Great opportunity to own a home with built-in rental flexibility Could also serve as a seasonal cabin or vacation rental (VRBO, Airbnb). A great opportunity!

Full Property Details

Full Property Details for 1027 E Chapman St

General

Sold For: $180,500
Taxes: $2,983 (2025)
Status: Closed
Type: Single Family
Source: NorthStarMLS_RMLS
MLS ID: 6755734
Added to Site: 184 day(s) ago

Parking

Parking Features: Gravel, Open

School Information

School District: 696 - Ely
High School District: Ely

Heating & Cooling

Cooling Type: None
Heating Type: Baseboard, Hot Water
Heating Fuel: Natural Gas

Utilities

Sewer: City Sewer Connected
Water: City Water (Connected)

Financial Considerations

Tax Amount: $2,983
Tax Year: 2025
Terms: Conventional, Cash

Disclosures and Reports

Legal Description: LOTS 6 THRU 10, Block 14, Whiteside Park Addition to Ely
Property ID: 30038001670

Listed by Vermilion Land Office, Inc.
Sold by Non-MLS

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— 1027 E Chapman St —

Vermilion Land Office, Inc.

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Schools

Schools serving 1027 E Chapman St

School District:Ely Public School District

Name	Grades	Distance
Washington Elementary School, Ely, MN 520 East Harvey Street, Ely, MN 55731	PK-5	0.4 mi
Memorial Secondary 600 East Harvey Street, Ely, MN 55731	9-12	0.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1027 E Chapman St

Date

Details

Price

Change

Source

10/15/2025

Sold

$180,500

0.84%

MLS

7/15/2025

Listed

$179,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

1027 E Chapman St, Ely, MN 55731 - Photo 1

Sold

$180,500