4 months on rocket

143 E Harvey St, Ely, MN, 55731

$330,000

Home List Price

$3,919*

Closing Credit

0 Baths
4,164 SqFt
$79/SqFt
Multi

Location

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143 E Harvey St, Ely$330,000

Buyer Closing Credits

$3,919*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Attached GarageYes
HeatingForced Air, Hot Water, Oil
MLS #6114722
Lot Size0.14 Acres
StatusActive
(ACTIVE)

About 143 E Harvey St

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Front & Back
  • Stories: 3
  • Living Area: 4,164 SqFt

Listing Office:

  • Office Name: Z' Up North Realty
  • Listing Agent: Andrea Zupancich

Exterior Features

Parking Information:

  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Hot Water, Oil

Other

Directions Information:

  • Directions: Central to Harvey St to Address.

Price Information

Listing Price Info

Price Summary:

  • List Price: $330,000
  • Price Per SqFt: $79/SqFt

Tax Information:

  • Annual Amount: $4,394
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Ely, MN.

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Ely, MN

City

Med. Sold Price

$266K

Med. Price/SqFt

$222

Avg. Days On Market

93

# of Sold Homes

22

143 E Harvey St vs Ely

136 DAYS ON ROCKET

+43 Days

$330,000

+$64K More

$79/SqFt

-$143 Less

KEY TAKEAWAY

This property is $64K more than the Median Sold Price and $143/SqFt less than other homes in Ely, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #6114722

Listing Office:

  • Office Name: Z' Up North Realty
  • Listing Agent: Andrea Zupancich

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2024 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 23, 2021Home Sold
$115,000
Sep 04, 2009Home Sold
$197,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,394$160,500
2019$3,974$160,500
2017$3,952$162,800

History based on county public records data.

Payment Calculator

$1,715

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,056

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-493443
7
/10

  • Washington Elementary School

  • 600 E Harvey St

  • 0.23 miles

  • Public District Grades PK-5

school-card-donut-493444
4
/10

  • Babbit Elementary School

  • 30 South Dr

  • 13.96 miles

  • Public District Grades PK-6

school-card-donut-493445
2
/10

  • Tower-Soudan Elementary School

  • 415 2nd St N

  • 20.07 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,867. The most common annual income of people living in Ely, MN is less than $35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Saint Louis County›Ely›55731›143 E Harvey St

This home is located at 143 E Harvey St in Ely, MN and zip code 55731. This 4,164 square foot home sits on a 0.14 acre lot. It has been listed on Rocket Homes since July 04, 2024 and is currently priced at $330,000.

In October 2024 more than 3 listings in Ely, MN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 16 were sold below. Between September 2024 and October 2024, Ely, MN real estate market has seen decrease in the number of listings by 4%. In October 2024 median list price was $266,000 and the average listing age was 93 days.

From Rocket Homes Real Estate and based on county public records data.

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