Active

$260,000

For sale

101 W••••• Railroad St (Sign up for 50 free credits to unlock)Ely, MN 55731

3Beds

2Baths

1,680Sq Ft Living

56,192Sq Ft Lot

1920Year Built

Property Description

3BR/2BA home, well cared for and ready to move in - fresh carpet throughout, nothing to do but unpack. Sits on 1.29 acres with a rare 3-car garage, plus the adjacent lot is separately deeded and large enough to put a building on - a unique opportunity to expand or add a second structure. Unbeatable location: Trezona and Mesabi Trails, plus the Prospector ATV trail and Taconite snowmobile trail, all right across the street - year-round biking, skiing, ATV riding, snowmobiling, and hiking straight from your driveway. Walk to Semer's Beach and Shagawa Lake for swimming and paddling, or grab coffee at one of the nearby local shops. A hotel with pool sits nearby for visiting family. A rare combination of turn-key comfort, acreage, and true walkability to Ely's best outdoor access points.

Property Facts & Features

Property Type: Single Family
Status: Active
Listed: Jul 27, 2026
Price per Sq Ft: $155/sqft
ZIP Code: 55731
Full Baths: 1
Stories: 2
Garage: 3 spaces
Parking: 3
Heating: Hot Water, Oil
Property Tax (2026): $1,404/yr
Assessed Value: $117,587
County: St. Louis
School District: Ely Public School District

Features & Amenities

Bedrooms

Bedrooms: 3
Primary Bedroom Dimensions: 12' x 12'
Bedroom 1 Dimensions: 12' x 11'
Bedroom 2 Dimensions: 15' x 12'
Primary Bedroom Level: Main
Bedroom 1 Level: Second Floor
Bedroom 2 Level: Second Floor

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 1
3/4 Bathrooms: 1
Bathroom 1 Dimensions: 10' x 11'
Bathroom 2 Dimensions: 10' x 11'
Bathroom 1 Level: Main
Bathroom 2 Level: Second Floor

Land Info

Lot Size Acres: 1.29
Lot Size Dimensions: 225x250
Lot Size Square Feet: 56192

Utilities

Sewer: City
Water Source: City

Other Rooms

Living Room Dimensions: 16' x 11'
Living Room Level: Second Floor
Basement Features: Concrete Block, Poured Concrete, Rock
Living Room Dimensions: 20' x 13'
Living Room Level: Main
Basement Description: Full

Garage and Parking

Garage Spaces: 3
Garage Description: Detached

Kitchen and Dining

Kitchen Dimensions: 16' x 11'
Kitchen Level: Main

School Information

School District: Ely #696

Heating and Cooling

Heating Features: Hot Water, Oil

Other Property Info

Annual Tax Amount: 1554
Source Listing Status: Active
County: St. Louis County
Directions: Starting on Highway 1 heading north into town turn left onto E Sheridan St., go straight util you arrive at the second light and take a right onto Central Ave. N, head straight until the road begins to curve and take a left at the beginning of the curve onto W Vermillion St., take your first left onto W Railroad St. and it is the first house is on the right.
Tax Year: 2026
Area: LSAR
Source Neighborhood: LSAR
Parcel Number: 030-0030-00370/00410
Property Subtype: SF/Detached

Building and Construction

Total Square Feet Living: 1680
Year Built: 1920
Above Grade Finished Area: 1680
Building Exterior Type: Vinyl
Property Age: 106
Levels or Stories: 2 Story
Structure Type: Concrete Block, Poured Concrete
Year Built Details: Previously Owned

Price & Event History

Date	Event	Price	$/Sq Ft
Oct 1, 2026	Price Changed	$260,000	$155
Sep 5, 2026	Price Changed	$275,000	$164
Jul 27, 2026	Listed	$299,000	$89
Nov 9, 2022	Sold	$129,500	$77
Aug 29, 2022	Listed	$129,500	$77

Property Tax History

Year	Tax	Assessed	Land	Building	Market
2026	$1,404	$117,587	$15,228	$102,359	$149,800
2025	$1,294	$105,770	$14,077	$91,693	$139,000
2023	$1,550	$102,155	$12,850	$89,305	$127,200
2022	$1,210	$75,705	$10,731	$64,974	$103,000
2021	$1,174	$65,350	$10,204	$55,146	$93,500
2020	$1,036	$65,350	$10,204	$55,146	$93,500
2019	$978	$64,151	$10,136	$54,015	$92,400
2018	$794	$54,308	$9,733	$44,575	$83,700
2017	$802	$51,365	$9,512	$41,853	$81,000
2016	$718	$51,400	$9,500	$41,900	$81,000
2015	$642	$46,400	$9,100	$37,300	$76,400
2014	$658	$46,400	$9,100	$37,300	$76,400