14 hours on Rocket
#6755734, Listing office: Vermilion Land Office, Inc.
Property details
About 1027 E 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
HeatingBaseboard, Hot Water, Natural Gas
StatusActive
(ACTIVE)
(ACTIVE)
Size1,496 sqft
Lot size0.43 Acres
Year built1915
MLS #6120715
Summary
- Full Bathrooms: 2
- Appliances: Range Hood, Microwave, Range, Refrigerator
- Interior: Hardwood Floors
- Total Bedroom Count: 4
- Attached Garage: No
- Parking: None
- Architectural Style: Traditional
- Heating: Baseboard, Hot Water, Natural Gas
- List Price: $179,000
- Price/SqFt: $119
- Annual Tax Amount: $2,778
- Tax Year: 2022
- Lot: Corner Lot, Level
- 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, #1027
- Year Built: 1915
- Stories: 2
- Living Area: 1,496 SqFt
- Lot Size: 0.43 Acres
- MLS Number: 6120715
- Office Name: Vermilion Land Office, Inc
- Listing Agent: Barb Hegg
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: 7/16/2025, 7:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 23, 2018 | Home Sold | $134,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $163,300 | $2,778 |
| 2021 | $137,500 | $2,976 |
| 2020 | $123,900 | $2,646 |
| 2019 | $123,900 | $2,406 |
| 2017 | $93,100 | $1,772 |
History based on county public records data.
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. Residents of Ely, MN typically earn less than $<35k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
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 E Chapman St
The listing price of 1027 E Chapman St property is $179,000.
The property 1027 E Chapman St is a house located in Ely, Minnesota, 55731.
Active Listing: 1027 E Chapman St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1027 E 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).
According to the records, the last property tax for 2022 is $2,778 (source: MLS/based on county public records data).
The last sale was on July 23, 2018 for $134,500 (source: MLS/tax record).
The property at 1027 E Chapman St has 4 bedrooms and 2 bathrooms.
The property 1027 E Chapman St is 1,496 SqFt (source: MLS/tax record).
The year of construction for 1027 E Chapman St is 1915.
This home is located at 1027 E Chapman St in Ely, MN and zip code 55731. This 1,496 square foot home, which was built in 1915, sits on a 0.43 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 15, 2025 and is currently priced at $179,000.
In June 2025, from all listings sold in Ely, MN there were more than 3 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Ely, MN between May and June 2025 increased by 16.7%. In June 2025, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $250,000.
From Rocket Homes Real Estate and based on county public records data.