Advertise
    Ely, MN
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Warehouse
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Parking & Garage
    • Specialty
    Price
    Price
    $
    $

    Ely, MN Duplexes for Sale

    Notify Me
    List
    Map
    Isabella, MN Babbitt, MN Tower, MN
    Ely Commercial and Income Property
    $275,000
    3,000 SF
    Ely Commercial and Income Property

    120 E Sheridan Street, Ely, MN 55731

    Commercial building with dual rental income potential in Ely, MN.
    • Prime location on Sheridan Street with high traffic exposure.
    • Dual income potential from commercial space and two rentable 1‑bedroom apartments.
    • 3,000+ sq ft commercial building with four large display windows, ideal for retail.
    • Potential to divide retail space into two separate units.
    • Located in a tourism‑rich area near the Boundary Waters.
    Updated: Mar 27
    View details
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Ely, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Eveleth Duplex For Sale
    $109,900
    1,650 SF
    Eveleth Duplex For Sale

    Fully rented duplex in Eveleth with investment potential.

    205 Fayal Rd, Eveleth, MN 55734

    View details
    Well-Maintained Duplex in Eveleth
    $107,900
    1,822 SF
    Well-Maintained Duplex in Eveleth

    Eveleth duplex with two units, each featuring two bedrooms.

    612 Adams Ave, Eveleth, MN 55734

    View details
    Hibbing Duplex with Long-Term Tenants
    $95,000
    1,968 SF
    Hibbing Duplex with Long-Term Tenants

    Fully leased duplex in Hibbing, well-maintained with off-street parking.

    130 E 16th Street, Hibbing, MN 55746

    View details
    Hibbing Duplex with Long-Term Tenants
    $95,000
    1,346 SF
    Hibbing Duplex with Long-Term Tenants

    Fully rented duplex in Hibbing with off-street parking.

    124 E 17th St, Hibbing, MN 55746

    View details

    Ely, MN Duplexes Market Trends and Statistics

    Explore 1 duplexes for sale in Ely, MN on our real estate platform. These investment opportunities span a total of 3,000 square feet of properties for sale, with an estimated market value of $275,000.

    Sale prices for duplexes in Ely, MN start at $275,000, averaging $275,000, and reaching up to $275,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 5,292
    Population Growth (5Y) -10.5%
    Median Household Income $62,900
    College Educated 54.0%

    High-Yield Neighborhoods for Investment

    Identify Ely submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55731 $275K

    Taxes & Financing

    Tax Rate (average for all types) 1.56%
    Property Tax per SF $11.67 per SF
    Tax Rate vs County Average 1.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Louis County

    New Delisted

    Total CRE Inventory on Market (SF)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Duplexes for Sale Near Ely, MN

    Popular Searches in Ely, MN

    Popular Categories

    Most Searched ZIP Codes in Ely, MN

    • 55731

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!