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About This Home

This 0-bedroom, 0-bathroom multi-family at 324 S 4th Ave E in Ely, MN is listed for $149,200 ($57 per sqft). Built in 1898, the home offers 2,640 sqft of living space on a N/A lot.

Agent Description

Incredible investment opportunity by unlocking this historic 2.75 story home’s potential! Much of original character is retained - 26 ft covered front porch, 9 ft ceilings, large windows, original wood interior doors & woodwork, hardwood floors & some vintage fixtures.

Third level attic offers even more potential living space with 7’ ceilings in 3 large rooms! Updates include roof, siding, main level windows, electrical service, plumbing, etc. 4 city lots, off-street parking, fully fenced yard. Originally built as Section 30 hospital, moved to this site, converted into triplex & later, main level housed a child day care. Ideally located in heart of Ely.

Key Features

  • Built in 1898

Property Details

1898

Monthly Cost Estimate

$798/mo

20% down · 6.5% · 30 years

Principal$108
Interest$647
Insurance$44

Estimates only. Actual payments may vary.

Location

324 S 4th Ave E

Ely, MN 55731-0000

Property Details

Heating

Forced Air

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 324 S 4th Ave E is listed at $149,200 ($57/sqft). The estimated monthly payment is $647 based on 20% down at 6.5% interest.

Key features include: Built in 1898.

This property is listed by Wendy Johnson and can be reached at 2183497731 or ghartos@kw.com.

WJ

Wendy Johnson

Agent at Keller Williams Classic Realty Northwest

(218) 349-7731

Listed by Keller Williams Classic Realty Northwest · View on Broker Site

MLS# 149729· Source: listhub· Updated today

Copyright © 2026 Range Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

324 S 4th Ave E, Ely, MN 55731-0000

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