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1027 E Chapman St, Ely, MN 55731

$180,500

Last sold 07/24/2025 after 8 Days

4
bed
2
bath
1,496
Sqft ($121/Sqft)

House not for sale

About 1027 E Chapman St

Property type House

Neighborhood

Year built 1915

HOA fee $0/month

Lot size 0.43 Acre

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!

Listed by

Listing Agent - Barbara L Hegg

Listing Office - Vermilion Land Office, Inc.

Source: Northstar MLS

MLS#6755734 • last updated 10 months ago

Movoto checked Northstar MLS for data 16 minutes ago

Overview
Cooling/AC	None
Heating	Baseboard, Hot Water
Levels/Style	Two
MLS #	6755734
Type	Residential
SubType	Single Family Residence
Lot Size (SqFt)	18730.8
Property Tax	2983
Tax Assessment	3068
Foreclosure (Y/N)	No
Short Sale (Y/N)	No

Interior
Total # of Bathrooms	2
Bathrooms	Main Floor Full Bath, Upper Level Full Bath
# Full Baths	2
# Bedrooms	4
Dining Room	Informal Dining Room
Accessibility Features	None

Exterior
Construction	Vinyl Siding
Parking Desc	Gravel, Open
Open Parking	2
Lot Desc	Corner Lot

Amenities / Utilities
Power Company	City Of Ely
Water Source	City Water/Connected

Location
County	St. Louis
Subdivision	Whiteside Park Add To Ely
High School District	Ely
APN	30038001670
Zoning	Residential-Single Family

Lot/ Land Details
Road Frontage	City Street
Present Use	Yearly
Road Responsibility	Public Maintained Road

We are not permitted to show value estimates for this property.

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Oct 2025
Public Records
Oct 21, 2025 Sold
$180,500
Oct 2025
MLS # 6755734
Oct 17, 2025 Sold
$180,500 (+0.8%)
Jul 24, 2025 Pending
—
Jul 15, 2025 Listed
$179,000 (+33.1%)
Jul 2018
Public Records
Jul 23, 2018 Sold
$134,500 (+106.9%)
Oct 2002
Public Records
Oct 14, 2002 Sold
$65,000

Year Property taxes Tax assessment
2025
$3,068 +10.4%

$171,400
2024
$2,778 -6.7%

$171,400 +4.96%
2023
$2,976 +13.2%

$163,300 +18.76%
2022
$2,630 -0.6%

$137,500 +10.98%
2021
$2,646 +10.0%

$123,900
2020
$2,406 +4.7%

$123,900 +2.31%
2019
$2,298 +29.7%

$121,100 +30.08%
2018
$1,772 -1.8%

$93,100 -6.53%
2017
$1,804 -2.8%

$99,600 +6.64%
2016
$1,856

$93,400

1027 E Chapman St
$180K
Whiteside Park Add To Ely
—
55731
$475K +5% y/y
Ely
$475K +5% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
1023 E Chapman St, Ely, MN 55731	$150,000	3/—	1,138	0.02
1103 E Chapman St, Ely, MN 55731	$185,000	2/1	1,360	0.03
1038 E Chapman St, Ely, MN 55731	$123,000	2/1	1,026	0.03
1040 E Chapman St, Ely, MN 55731	$169,000	—/—	—	0.04
1005 E Chapman St, Ely, MN 55731	$163,000	3/1	1,080	0.04
1020 E Chapman St, Ely, MN 55731	$184,000	3/1	1,092	0.04
1104 E Chapman St, Ely, MN 55731	$79,000	2/1	932	0.04
1012 E Chapman St, Ely, MN 55731	$191,000	4/—	1,256	0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.