143 East Harvey Street

Ely, MN 55731

$330,000
Price
4
Beds
2
Baths
4,164 Sq. Ft.
$79 / Sq. Ft.
4,164
Sq. Ft.
$79
per Sq. Ft.

Description

Situated in the heart of Ely, MN — often hailed as one of the "Coolest Small Towns" and a gateway to the BWCA (Boundary Waters Canoe Area) you have an incredible investment opportunity! Perfect for short-term or long-term rentals the existing duplex with updated units is already generating steady income. Each unit has 2 BR/1BA and offers beautifully updated interiors, an attached garage, and laundry facilities. The roof was installed in 2019. Each unit is 748 sq. ft. The main house offers versatile...Situated in the heart of Ely, MN — often hailed as one of the "Coolest Small Towns" and a gateway to the BWCA (Boundary Waters Canoe Area) you have an incredible investment opportunity! Perfect for short-term or long-term rentals the existing duplex with updated units is already generating steady income. Each unit has 2 BR/1BA and offers beautifully updated interiors, an attached garage, and laundry facilities. The roof was installed in 2019. Each unit is 748 sq. ft. The main house offers versatile opportunities — from creating a unique living space to setting up multiple rental units, Bed & Breakfast, or live in it yourself! It is gutted and ready for your imagination. Its former use was a 4-unit rental. Ely, MN is not just a small town; it’s a destination. With its historic charm, strong community, and influx of visitors year-round, investing in Ely means tapping into a market with consistent rental demand.
  1. Listed by Andrea Zupancich • Z' Up North Realty

Property Details for 143 East Harvey Street

Area
LSAR
Geo Subdivision
MN
Waterfront
No
LISTING UPDATED: 11/12/2024 07:25 PM

Property Details for 143 East Harvey Street

StatusActive
MLS #6114722
Days on Compass140
Taxes$4,538 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Duplex
Year Built1910
Lot Size0.14 AC / 6,098 SF
CountySt. Louis County

Building Information for 143 East Harvey Street

Stories-Residences-Year Built1910Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 143 East Harvey Street

Summary
Location and General Information
  • City: Ely
  • State: MN
  • County: St. Louis County
  • Directions: Central to Harvey St to Address.
  • Zip: 55731
Taxes and HOA Information
  • Association Fee: No
  • Parcel Number: 030-0010-02720
  • Tax Year: 2024
  • Tax Amount: $4,538.00
  • Taxes With Assessments: $4,778.00
Parking
  • Garage Features: Electrical Service, Utility Room
  • Garage Type: Attached
  • Number of Garage Spaces: 0
School Information
  • School District: Ely #696
Virtual Tour
Property
Property and Assessments
  • Class: MULTI-FAMILY
  • Classification (MN): NonHomestead
  • Disclosures/Docs: LBP Disclosure
  • Possession: Close Escrow
  • Terms: Cash, Conventional
  • Type: Duplex
Lot Information
  • Approx Lot Dimension: 50x125
  • Approx Number of Acres: 0.14
  • Construction Status: Previously Owned
  • Construction Type: Frame/Wood
  • Fin Footage-Above Grade: 4164.0
  • Fin Footage-Below Grade: 0.0
  • Foundation Dimensions: 30x32, 20x12
  • Lot Description: Level, BWCA Area
  • Stories: 3 Story
  • Total Fin Square Footage: 4164.0
  • Year Built: 1910
Utilities
  • Sewer: City
  • Water: City
Interior and Exterior Features
Exterior Features
  • Amenities-Shared: Porch
  • Exterior: Stucco
  • Laundry: Main Floor Laundry, Separate Room, Shared
  • Roof: Asphalt Shingles
Interior Features
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
Multi Family
Multi-Family Information
  • Number of Units: 3
Unit 1
  • Total # of Bedrooms 1: 2
  • Total # of Bathrooms 1: 1
  • 3/4 Baths 1: 1
  • Total number of Rooms 1: 4
  • Unit Square Footage 1: 748.0
  • Unit Level 1: 2nd
  • Unit number 1: Upper Apartment
  • Amenities 1: Hardwood Floors, Natural Woodwork, Air Conditioning
  • Appliances 1: Microwave, Range/Stove, Refrigerator
  • Unit 1 Comments: this entire unit is a Short Term Rental property.
Unit 2
  • Full Baths 2: 1
  • Total no of Bathrooms 2: 1
  • Total number of Bedrooms 2: 2
  • Total number of Rooms 2: 7
  • Unit Square Footage 2: 748.0
  • Unit number 2: Main Floor
  • Unit Level 2: Main
  • Amenities 2: Eat-In Kitchen, Hardwood Floors, Air Conditioning
  • Appliances 2: Microwave, Range/Stove, Refrigerator
  • Unit 2 Comments: Short term rental
Unit 3
  • Unit number 3: House
  • Unit Level 3: main
  • Unit 3 Comments: home is gutted and ready for your imagination
Rental
Rent Information
  • Leased 1: Yes
  • Leased 2: Yes

Property History for 143 East Harvey Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 143 East Harvey Street

Taxable ValueLand$8,700Additions$206,900Total$215,600
Tax Record2024$4,778 ($398 / month)
Home Facts
Total Finished SqFt3,148 SqFtAbove Grade Finished SqFt2,188 SqFtFinished Basement SqFt960 SqFtStories2StyleMulti-Family Res (5+ Units)Year Built1910CountyST. LOUISAPN030-0010-02720

Schools near 143 East Harvey Street

This home is within Ely Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Washington Elementary School
PublicPK to 5

Memorial Middle School
Public6 to 8

Memorial Secondary
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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143 East Harvey Street is a multi-family home for sale in Ely, MN 55731. This property was listed for sale on July 4, 2024 by Z' Up North Realty, it's currently listed at $330,000. It has been on the market for a total of 140 days and was last sold on April 12, 2021. This listing's school district is Ely Public School District. Nearby schools include Washington Elementary School, Memorial Middle School and Memorial Secondary. 143 East Harvey Street is a 4-bed, 2-bath, 4,164 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Z' Up North Realty

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 11/12/2024 07:25 PM