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    Ely, MN
    Duplex

    Ely, MN Duplexes for Sale

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    Isabella, MN Babbitt, MN Tower, MN Soudan, MN
    Updated Duplex With Separate Laundry
    Updated: Sep 17
    Updated Duplex With Separate Laundry

    218 N 1st Ave E, Ely, MN 55731

    $198,500
    1,636 sqft
    1,636‑square‑foot duplex with two independent living spaces
    Main‑level residence with 1+ bedrooms, updated full bath, mudroom, and main‑floor laundry
    Upper‑level one‑bedroom apartment with renovated open‑concept living areas
    Separate laundry setups serve both residences
    Completed, fully compliant sewer lateral
    View details
    See hot listings in Ely

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    1 active listing matches your search: Duplex for sale in Ely, MN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    Corner-Lot Duplex with Garage
    Corner-Lot Duplex with Garage

    801 N 13th Street, Virginia, MN

    $138,900
    2,304 sqft

    Two-unit property with a fenced backyard, basement laundry, and a heated two-stall garage/shop.

    View details
    Duplex with Detached Garages
    Duplex with Detached Garages

    1317 East 13th Street, Hibbing, MN 55746

    $169,900
    1,920 sqft

    Separate two- and three-bedroom units offer distinct living spaces within the property.

    View details
    Fully Rented Duplex
    Fully Rented Duplex

    824 13th St. N, Virginia, MN 55792

    $71,900
    1,496 sqft

    Seven-bedroom, four-bath configuration with natural gas heat and asphalt-shingle roofing.

    View details
    Duplex with Garage
    Duplex with Garage

    3431 19th Ave E, Hibbing, MN 55746

    $139,000
    2,685 sqft

    The main-floor residence has three bedrooms and two bathrooms, with a separate upper unit for rental or family use.

    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 1,636 square feet of properties for sale, with an estimated market value of $198,500.

    Sale prices for two-family homes in Ely, MN average $198,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1
    Mobile home & RV parks 1
    Quadplexes 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 $198.5K

    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)

    Average Property Price per SF

    For-sale Residential Income pricing trends in St. Louis County

    Residential Income

    How Realmo verifies these figures

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    • 55731

    Featured Ely Real Estate Agencies

    Realmo connects you with licensed Ely CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Bear Island Realty, LLC
    943 E Sheridan St Ely, MN
    Phone: (218) 365-2800
    Wildwoods Land Company
    1325 E Sheridan St Ely, MN
    Phone: (218) 365-3665
    www.elywildwoods.com
    Canoe Capital Realty LLC
    203 E. Sheridan St Ely, MN 55731
    Phone: (218) 235-1084
    elycanoecapitalrealty.com/
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