Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker North Shore
Property view
Listing view 2
Listing view 3

429 S 4th Ave E, 
Ely, MN 55731

$256,000


7

Beds


4

Baths


2,600

Sq Ft


Multi-Family

Active

Listed by

Joseph Tome

Grand Properties

Last updated:

May 3, 2026, 01:51 AM

MLS#

6124897

Source:

MN DAAR

About This Home

429 S 4th Ave E

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!

Home Facts

Multi-Family

4 Baths

7 Bedrooms

Built in 1900

Price Summary

256,000

$98 per Sq. Ft.

MLS #:

6124897

Last Updated:

May 3, 2026, 01:51 AM

Added:

20 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

2,600 Sq. Ft.


Structure

Structure

Building Area:

2,600 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

9,147


Finances & Disclosures

Finances

Price:

$256,000

Price per Sq. Ft:

$98 per Sq. Ft.

Source:MN DAAR
2026, Lake Superior Area REALTORS, Inc.

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.

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.