Link Copied
Listed price in listed location currency (USD).
$180,500
$179,000

420

MLS® 6755734

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1496 sqft
Garage No
Taxes $2,983
Lot Size 
Approx. Age 1915
Avg. Price Per Sqft $119
MLS® Number 6755734

Property Address: 1027 E Chapman St, Ely, MN, 55731-1669

Average square foot calculated using Size range provided by listing agent.

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!
MLS® Number6755734
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1915
BasementBlock, Full
DrivewayGravel, Open
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Rooms

Kitchen:Main Floor12 × 10 ft
Bedroom 4:Upper Level9.42 × 14 ft
Bedroom 2:Main Floor8 × 10.59 ft
Bedroom 1:Main Floor9 × 8 ft
Dining Room:Main Floor8 × 11.5 ft
Bedroom 3:Upper Level8.67 × 14.67 ft
Bedroom 5:Upper Level8.67 × 14.67 ft
Living Room:Main Floor13 × 12.5 ft

Similar Listings

Price History

Jul 24, 2025End Date
$180,500Sold Price

Sold

Jul 15, 2025List Date
$179,000List Price
  • Commute

Commute

Starting Address
Destination Address
1027 E Chapman St, Ely, MN

Comparable Properties