15 hours on Rocket
#6120715, Barb Hegg, Listing office: Vermilion Land Office, Inc
$179,000 List price
1027 Chapman St Ely, MN 55731
4 beds
2 full
1,496 sqft
$120 / sqft
House
Property details
About 1027 Chapman St
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!
Highlights
Home typeSingle Family Residence
HeatingBaseboard, Hot Water
StatusActive
Size1,496 sqft
BasementYes
Year built1915
ParkingGravel, Open
MLS #6755734
Summary
- Full Bathrooms: 2
- Appliances: Exhaust Fan, Microwave, Range, Refrigerator
- Basement: Yes
- Total Bedroom Count: 4
- Parking: Gravel, Open
- Heating: Baseboard, Hot Water
- Cooling: None
- List Price: $179,000
- Price/SqFt: $119
- HOA Amount: $0
- Lot: Corner Lot
- Directions: From Tower, Hwy 1 to East Sheridan Street to Right on North 11th Avenue East, to house on corner of 11th and Chapman Street.
- Year Built: 1915
- Living Area: 1,496 SqFt
- MLS Number: 6755734
- MLS Name: NORTHSTAR
- Office Name: Vermilion Land Office, Inc.
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
7
Washington Elementary School
Public District PK-5
0.4 mi
•600 E Harvey St
4
Babbit Elementary School
Public District PK-6
14.2 mi
•30 South Dr
2
Tower-Soudan Elementary School
Public District PK-6
20.7 mi
•415 2nd St N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,634. The majority of Ely, MN residents have income less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
51%
<35k
46%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
54%
Single, No Kids
7%
Single, with Kids
28%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
3%
12-17 yrs old
46%
18-34 yrs old
26%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Pro Wrestling
Where do the neighbors shop?
Wal-Mart
Bass Pro Shops
Dollar General
Where do the neighbors go to eat?
Hardee's
Applebees
Jimmy Johns
What do the neighbors drive?
Ram
GMC
Dodge
What do the neighbors listen to?
Classic Country- Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1027 Chapman St
The listing price of 1027 Chapman St property is $179,000.
The property 1027 Chapman St is a house located in Ely, Minnesota, 55731.
Active Listing: 1027 Chapman St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1027 Chapman 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 property at 1027 Chapman St has 4 bedrooms and 2 bathrooms.
The property 1027 Chapman St is 1,496 SqFt (source: MLS/tax record).
The year of construction for 1027 Chapman St is 1915.
This home is located at 1027 Chapman St in Ely, MN and zip code 55731. This 1,496 square foot home was built in 1915. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 15, 2025 and is currently priced at $179,000.
Over 3 listings were sold over their listed price in June 2025 in Ely, MN. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price. The number of homes for sale in Ely, MN increased by 16.7% between May and June 2025. In June 2025 median list price was $250,000 and the average listing age was 25 days.
From Rocket Homes Real Estate and based on county public records data.