1027 E Chapman Street, Ely, MN 55731

$180,500
4
BD
2
BA
1,496
SqFt

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Sold Price
$180,500
List Price
$179,000
Days on Market
92
Closing Date
Oct 15, 2025
MLS#
6755734
Status
CLOSED
Type
Single Family Residential
Style
(SF) Single Family
Bedrooms
4
Bathrooms
2
Living Area
1,496
Acres
0.43
Subdivision
Whiteside Park Add To Ely
Year Built
1915

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!

Additional Information

School District
Ely
Appliances
Exhaust Fan, Microwave, Range, Refrigerator
Tax Year
2025
Fuel
Natural Gas
Lot Description
Corner Lot
Sewer
City Sewer/Connected
Roof
Asphalt
Air Conditioning
None
Heating
Baseboard, Hot Water
Water
City Water/Connected
Basement
Block, Full
Parking
Gravel, Open

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Calculator source: Real Geeks

Listing courtesy of Vermilion Land Office, Inc..

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