Date
Details
Price
Change
Source
4/30/2026
Listed
$256,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$256,000 Just Listed
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Property Description
A piece of history set back on 3 city lots on the corner of 4th Avenue and James Street. This Triplex has been loved and cared for for over 30 years. The main floor has a 3 bedroom apartment and an efficiency apartment each with their own off street parking spots, kitchens, bathrooms, and access to the basement for separate laundry areas. The upstairs is a 4+ bedroom with in unit laundry and a huge attic space that could be storage or it has the potential to be 2 extra bedrooms and has amazing views. The yard is huge with a beautiful stone retaining wall on the south side, a big garden, blister-rust resistant white pines and a beautiful sugar maple tree. This property is easily customizable to combine the entire 1st level or add a bedroom to the efficiency. Grab yourself a piece of history and a rare cash flowing rental property in the amazing town of Ely!
Full Property Details
Full Property Details for 429 S 4th Ave E
General
- Price: $256,000
- Taxes: $3,902 (2025)
- Status: Active
- Type: Triplex
- Source: NorthStarMLS_RMLS
- MLS ID: 7064870
- Updated: 5/2/2026
- Added to Site: 7 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: St. Louis
- Township: Ely
- Subdivision: Whites Add To Ely
- Driving Directions: From Ely take Sheridan St and turn South on 4th Ave. Property is on the corner of 4th Ave and James St.
School Information
- School District: 696 - Ely
- High School District: Ely
Heating & Cooling
- Heating Type: Boiler, Radiator
- Heating Fuel: Oil
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Exterior Const.: Post and Beam
- Basement: Yes
- Basement Desc.: Full
- Foundation Size: 1300
- Roof: Age 8 Years or Less, Asphalt
- Disability Access: None
- Square Feet: 2,600
- Above Ground: 2,600 Sq. Ft.
- Below Ground: 1,300 Sq. Ft.
- Finished Down/Base.: 3,900 Sq. Ft.
- Year Built: 1900
Unit Information
- Units w/Refrigerators: 3
Lot Features
- Lot Size (Acres): 0.215
- Lot Dimensions: 125 x 75 x 125 x 75
- Frontage: City Street
- Zoning: Residential-Multi-Family
- Lot Description: Corner Lot
Financial Considerations
- Operating Expenses: $3,700
- Tax Amount: $3,902
- Tax Year: 2025
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: LOTS 9 10 AND 11
- Property ID: 30035000470
Listed by Grand Properties Real Estate
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NMLS#: 1598647
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Schools
Schools serving 429 S 4th Ave E
School District:Ely Public School District
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School, Ely, MN 520 East Harvey Street, Ely, MN 55731 | PK-5 | 0.2 mi |
Memorial Middle School 600 East Harvey Street, Ely, MN 55731 | 6-8 | 0.1 mi |
Memorial Secondary 600 East Harvey Street, Ely, MN 55731 | 9-12 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 429 S 4th Ave E
Tax History
Tax History for 429 S 4th Ave E
Year
Property Taxes
Change
Tax Assessment
Change
2026
$4,048
4%
$187,500
5%
2025
$3,902
11%
$177,800
21%
2024
$3,530
8%
$146,400
19%
2023
$3,280
14%
$122,900
12%
2022
$2,886
10%
$110,200
—
2020
$2,620
103%
$110,200
36%
2019
$1,290
6%
$81,134
5%
2018
$1,214
-1%
$77,319
5%
2017
$1,230
-8%
$73,395
-15%
2016
$1,336
11%
$85,900
11%
2015
$1,206
-2%
$77,400
—
2014
$1,234
—
$77,400
—
2013
$1,237
—
$77,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 429 S 4th Ave E
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 1Total Bath
- 1,056Sq. Ft.
- Single Family
- Active
- Updated 23 hours ago
- 2Beds
- 2Total Baths
- 1,344Sq. Ft.
Listed by Z'Up North Realty, Inc.
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- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 540Sq. Ft.
Listed by Vermilion Land Office, Inc.
- Single Family
- Active
- Updated 14 hours ago
- 2Beds
- 3Total Baths
- 2,112Sq. Ft.
Listed by Re/Max Results
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- Single Family
- Closed
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,350Sq. Ft.
Listed by Z'Up North Realty, Inc.
Sold by Non-MLS
Sold by Non-MLS
429 S 4th Avenue E, Ely, MN 55731 (MLS# 7064870) is a Triplex property with 7 bedrooms and 0 full bathrooms. 429 S 4th Avenue E is currently listed for $256,000 and was received on April 30, 2026. Want to learn more about 429 S 4th Avenue E? Do you have questions about finding other Triplex real estate for sale in Ely? You can browse all Ely real estate or contact a Coldwell Banker agent to request more information.