$297,500

1 W Railroad St Ely, MN 55731

$3,533
Closing credit¹
3 beds
1 full
1,704 sqft
0.3 acres
$175 / sqft
House

Property details

About 1 W Railroad St

Charming home fully renovated in prime Ely location! This beautifully restored 3-bedroom, 2-bathroom home blends historic charm with modern efficiency. Originally built in 1910, the home has been completely renovated down to the studs while preserving its timeless character. Gleaming refinished wood floors, thoughtfully updated finishes, and high energy efficiency throughout make this a rare find. The main level features a bedroom and 3/4 bathroom for added convenience, while the upstairs hosts two additional bedrooms and a second full bath. A fully insulated attached 2-car garage offers year-round comfort and easy access. The full basement provides ample storage or potential for additional living space. Situated directly across from Miners Lake and the scenic Trezona Trail, this property offers an unbeatable Ely location. The fenced garden with raised beds and a 12’ x 20’ storage shed with concrete floor complete the exterior features, making this home ideal for outdoor enthusiasts, gardeners, or anyone looking to enjoy the best of northern Minnesota living.

Highlights

HeatingForced Air, Propane
StatusActive
(ACTIVE)
CoolingWindow Unit(s)
Size1,704 sqft
Lot size0.35 Acres
Year built1910
ParkingAttached
MLS #6119807
Attached garage2 spaces
ViewPanoramic

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior: Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Tiled Floors, Drywalls, Dryer Hook-Ups, Washer Hook-Ups
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached
  • View: Panoramic
  • Exterior: Fenced Yard - Partial
  • Architectural Style: Traditional
  • Heating: Forced Air, Propane
  • Cooling: Window Unit(s)
  • List Price: $297,500
  • Price/SqFt: $174
  • Lot: Corner Lot, Landscaped, Level
  • Directions: From Ely take Central Ave N, turns into N Pioneer Rd. House is on the left N Pioneer Rd. meets W Railroad St. Sign at property.
  • Year Built: 1910
  • Stories: 1
  • Living Area: 1,704 SqFt
  • Lot Size: 0.35 Acres
  • MLS Number: 6119807
  • Office Name: Keller Williams Classic Realty NW - Ely
  • Listing Agent: Lori Schulze

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2025 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/7/2025, 10:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1 W Railroad St, Ely, MN 55731 - traditional home featuring dirt driveway, an attached garage, and roof with shingles

$297,500

1 W Railroad St

$3,533

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 18, 2006
Home Sold
$52,000

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

7

Washington Elementary School

Public District PK-5

0.6 mi

600 E Harvey St

4

Babbit Elementary School

Public District PK-6

14.3 mi

30 South Dr

2

Tower-Soudan Elementary School

Public District PK-6

20.0 mi

415 2nd St N

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,750. The most common annual income of people living in Ely, MN is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

39%
<35k
53%
35k-100k
7%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
15%
Single, with Kids
29%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
20%
18-34 yrs old
41%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • LincolnLincoln

What do the neighbors listen to?

  • OldiesOldies
  • CountryCountry
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1 W Railroad St

The listing price of 1 W Railroad St property is $297,500.

The property 1 W Railroad St is a house located in Ely, Minnesota, 55731.

Active Listing: 1 W Railroad St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1 W Railroad St are: Washington Elementary School (GreatSchools Rating 7/10), Babbit Elementary School (GreatSchools Rating 4/10), Tower-Soudan Elementary School (GreatSchools Rating 2/10), Memorial Middle School (GreatSchools Rating 4/10), Memorial High School (GreatSchools Rating 8/10), Northeast Range Secondary School (GreatSchools Rating 7/10).

The last sale was on April 18, 2006 for $52,000 (source: MLS/tax record).

The property at 1 W Railroad St has 3 bedrooms and 2 bathrooms.

The property 1 W Railroad St is 1,704 SqFt (source: MLS/tax record).

The year of construction for 1 W Railroad St is 1910.

This home is located at 1 W Railroad St in Ely, MN and zip code 55731. This 1,704 square foot home, which was built in 1910, sits on a 0.35 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $297,500.

In May 2025, from all listings sold in Ely, MN there were more than 2 sold above asking price, over 9 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Ely, MN between April and May 2025 increased by 19.3%. In May 2025, listings were on the market for 80 days. During the same period, the median list price in this real estate market was $235,000.

From Rocket Homes Real Estate and based on county public records data.

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