AfterNorth

MLS# LSARLSA6127738 - 429 S 4th Ave E Ely, MN 55731

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!

Grand Properties is the brokerage office representing the owner for this listing.
ยฉ Copyright 2026, Lake Superior Area REALTORSยฎ, Inc. (LSAR)
The information provided is considered reliable but is not warranted. IDX information is exclusively for the personal, non-commercial use of consumers, and should only be used for the purpose of identifying prospective properties that consumers may be interested in purchasing.
Data Source: LSAR
AfterNorth is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of AfterNorth, a broker participant of Lake Superior Area REALTORSยฎ, Inc. Data last updated: .

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!

Grand Properties is the brokerage office representing the owner for this listing.
ยฉ Copyright 2026, Lake Superior Area REALTORSยฎ, Inc. (LSAR)
The information provided is considered reliable but is not warranted. IDX information is exclusively for the personal, non-commercial use of consumers, and should only be used for the purpose of identifying prospective properties that consumers may be interested in purchasing.
Data Source: LSAR
AfterNorth is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of AfterNorth, a broker participant of Lake Superior Area REALTORSยฎ, Inc. Data last updated: .