1027 E Chapman Street, Ely, MN 55731
- $180,500
- 4
- BD
- 2
- BA
- 1,496
- SqFt
- Sold Price
- $180,500
- List Price
- $179,000
- Status
- CLOSED
- Days on Market
- 92
- Closing Date
- Oct 15, 2025
- MLS#
- 6755734
- Subtype
- Residential
- Style
- (SF) Single Family
- Year Built
- 1915
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,496
- Acres
- 0.43
- Subdivision
- Whiteside Park Add To Ely
Property Description
Spacious 4-Bed, 2-Bath Family Home in Ely, MN – With Income Potential! Welcome to this versatile home located on the east end of Ely—perfect for growing families or those looking to offset their mortgage with rental income. This property offers two fully functional living spaces, with a kitchen and living room on both floors. Ideal for multi-generational living, a mother-in-law suite, or a long-term or short-term rental. Restored maple flooring adds warmth and charm throughout, newer tip-out windows bring in natural light and are easy to clean. Sitting on five city lots, there's ample space for kids to play, gardening, or building a future garage or workshop. Located in a residential area close to schools, parks, and downtown Ely. Live comfortably on the main floor and rent out the upper level for extra income. Great opportunity to own a home with built-in rental flexibility Could also serve as a seasonal cabin or vacation rental (VRBO, Airbnb). A great opportunity!
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Additional Information
- Taxes
- $2,983
- Property Description
- (SF) Single Family
- Zoning
- Residential-Single Family
- Appliances
- Exhaust Fan, Microwave, Range, Refrigerator
- Heating
- Baseboard, Hot Water
- Stories
- Two
- Levels
- Two
- Roof
- Asphalt
- Parking
- Gravel, Open
- School District
- Ely
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Listing courtesy of Vermilion Land Office, Inc..
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