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324 S 4th Ave E, 
Ely, MN 55731-0000

$159,500

4

Beds

3

Baths

2,640

Sq Ft

Multi-Family

Active

Listed by

Wendy Johnson

Keller Williams Classic Realty Nw - Ely

Last updated:

December 17, 2025, 08:04 PM

MLS#

6122204

Source:

MN DAAR

About This Home

324 S 4th Ave E

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 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 Sec 30 hospital, moved to this site, converted to a triplex & later, main level housed a child’s day care. Ideally located in heart of Ely.

Home Facts

Multi-Family

3 Baths

4 Bedrooms

Built in 1898

Price Summary

159,500

$60 per Sq. Ft.

MLS #:

6122204

Last Updated:

December 17, 2025, 08:04 PM

Added:

2 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Interior

Living Area:

2,640 Sq. Ft.

Structure

Structure

Building Area:

2,640 Sq. Ft.

Year Built:

1898

Lot

Lot Size (Sq. Ft):

5,227

Finances & Disclosures

Finances

Price:

$159,500

Price per Sq. Ft:

$60 per Sq. Ft.

Source:MN DAAR
2025, Lake Superior Area REALTORS, Inc.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.