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$328,000

1500 Main St Unit 201 Ely, IA 52227

2 beds
2 full
1,079 sqft
$304 / sqft
Condo

Property details

About 1500 Main St Unit 201

Welcome to Ely IA and the newest project in town! Located directly on the Cedar Valley Nature Trail and at the east end of Main Street, the Mainstreet Legacy LLC is committed to building this mixed use commercial and residential project. We are just months away from our residentials spaces being move in ready. Our current goal is to have possession of the building by October of 2025, so now is the time to be picking your unit and securing your space in this great building. Located just 15 min from downtown Cedar Rapids, and just over 25 from downtown Iowa City, this is a great location to escape the big city and enjoy quite small town living while still being just minutes from the action. This is not going to be your typical condo experience, these are going to be exceptional! Special care has been taken by Melanie Olsen Design to create a space which is warm, professional, and executive level in every way. The residential space has a common area for larger gatherings and for all to use. The building offers heated indoor parking, geo-thermal, filtered water system, spaces for electric vehicles to plug-in, security, elevator service from the parking to the second floor for a zero stairs experience, extra storage for each residential unit in the parking space, bike parking, and custom firepits along the bike trail for all to enjoy. All are welcome, call us today to learn more about one of the nicest spaces in the corridor!

Highlights

Home typeCondominium
HeatingGeothermal, Forced Air
StatusActive
CoolingGeothermal, Central Air
Size1,079 sqft
Year built2024
ParkingUnderground, Garage, Off Street, On Street
MLS #2405926
Garage1 space

Virtual tour

Summary

  • Full Bathrooms: 2
  • Appliances: Disposal
  • Basement: No
  • Interior: Kitchen/Dining Combo, Bath in Primary Bedroom, Upper Level Primary
  • Total Bedroom Count: 2
  • Garage Space: 1 space
  • Parking: Underground, Garage, Off Street, On Street
  • Architectural Style: See Remarks
  • Heating: Geothermal, Forced Air
  • Cooling: Geothermal, Central Air
  • List Price: $328,000
  • Price/SqFt: $303
  • HOA Amount: $140 Monthly
  • Year Built: 2024
  • Living Area: 1,079 SqFt
  • MLS Number: 2405926
  • MLS Name: CDR
  • Office Name: SKOGMAN REALTY
  • Office Phone: (319) 366-6427
  • Office Email: cskogman@skogman.com
  • Listing Agent: Jason Vestweber

IDXProvided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2025 Cedar Rapids Area Association of REALTORS®. 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: 7/17/2025, 8:45:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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

Nearby schools

3

Prairie Hill Elementary

Public District PK-4

4.3 mi

151 Prairie Hill Ct SW

3

Prairie Heights Elementary

Public District PK-4

4.4 mi

190 76th Ave SW

6

Prairie View Elementary

Public District PK-4

4.5 mi

251 Prairie Hill Ct SW

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 $87,927. The majority of Ely, IA residents have income between $35k-100k annually. The most common type of family is married, with kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

12%
<35k
49%
35k-100k
35%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

28%
Single, No Kids
8%
Single, with Kids
29%
Married, No Kids
35%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
10%
12-17 yrs old
17%
18-34 yrs old
43%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1500 Main St Unit 201

The listing price of 1500 Main St Unit 201 property is $328,000.

The property 1500 Main St Unit 201 is a condo located in Ely, Iowa, 52227.

Active Listing: 1500 Main St Unit 201 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1500 Main St Unit 201 are: Prairie Hill Elementary (GreatSchools Rating 3/10), Prairie Heights Elementary (GreatSchools Rating 3/10), Prairie View Elementary (GreatSchools Rating 6/10), Solon Middle School (GreatSchools Rating 7/10), Wilson Middle School (GreatSchools Rating 5/10), McKinley Middle School (GreatSchools Rating 2/10), Prairie Point Middle School / 9th Grade Academy (GreatSchools Rating 6/10), Prairie Point High School (GreatSchools Rating 4/10), Solon High School (GreatSchools Rating 8/10).

The property at 1500 Main St Unit 201 has 2 bedrooms and 2 bathrooms.

The property 1500 Main St Unit 201 is 1,079 SqFt (source: MLS/tax record).

The year of construction for 1500 Main St Unit 201 is 2024.

This home is located at 1500 Main St Unit 201 in Ely, IA and zip code 52227. This 1,079 square foot home was built in 2024. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $328,000.

The inventory of homes for sale in Ely, IA between May and June 2025 increased by 7.1%. While the average time on the market in June 2025 was 110 days, the median list price was $359,900.

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

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