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  • 334-338 S 4th Ave E

  • Ely, MN 55731
  • $129,000
  • 6 Beds
  • 5 Baths
  • MLS® #: 6092474
  • Year Built: 1930
Multi-Family property for sale in Ely, MN at 334-338 S 4th Ave E. This 6 bedroom multi-family property is priced at $1,075,000/acre.

Description of 334-338 S 4th Ave E, Ely, MN 55731 - $129,000

This large 5-plex is located on a corner lot and has an excellent rental history. There are two 1 bedroom/1 bath units on the main level and two 1 bedroom/1 bath units on the upper level along with a 2 bedroom/1 bath unit in the lower level which rents for $575 a month. Upper level units include a covered deck and the lower 2 bedroom unit includes washer and dryer hookups. Other features include wood floors and a new 1 car detached garage. At almost $2,500 a month in rents, there is more than enough to cover your expenses and still collect an income or reinvest into property upgrades.

Essential Information

  • MLS® #6092474
  • Price$129,000
  • Bedrooms6
  • Bathrooms5.00
  • Acres0.12
  • Year Built1930
  • TypeMulti-Family
  • Sub-TypeFourplex
  • StyleDuplex - Up & Down
  • StatusACTIVE

Interior

  • HeatingPropane, Forced Air
  • Has BasementYes
  • # of Stories2
  • Stories2 Story

School Information

  • DistrictEly #696

Community Information

  • Address334-338 S 4th Ave E
  • AreaEly
  • CityEly
  • CountySt. Louis County
  • StateMN
  • Zip Code55731

Basement

Apartment, Bath, Bedrooms, Dryer Hook-Ups, Finished, Kitchen, Utility Room, Washer Hook-Ups

Additional Information

  • Listing OfficeWildwoods Land Company

Amenities

  • # of Garages1
  • GaragesDetached

Exterior

  • ExteriorComposition
  • RoofAsphalt Shingles
  • ConstructionFrame/Wood
  • FoundationPoured Concrete

Kris LindahlREALTOR®

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