605 Main Street, Tower, MN 55790

Tower
Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
605 Main Street,Tower, MN 55790
$329,900
  • 8 Beds
  • 4 Baths
  • 4,464 sq. ft.
  • Multi-family
  • Active
Listed by: chessica l olson
Office: anchor realty
MLS#:7046763
Source:ND_FMAAR

Price summary

  • Price:$329,900
  • Price per sq. ft.:$73.9

About this home

Turn-key 4-plex in the heart of Tower, MN just one block from Lake Vermilion. Great opportunity for owner-occupants or investors. Property features four 2-bedroom, 1-bath units, all separately metered for electricity with tenants paying electric. Currently rented at $1,000/month per unit on month-to-month leases, providing immediate income with flexibility for future rent adjustments. Strong cash-flow potential. Located in a desirable recreation area with close access to boating, fishing, snowmobile and ATV trails right out your door. Historic building with updates throughout. There is a commercial lot that can be purchased next to this property together or separate.

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Home facts

  • Year built:1982
  • Listing ID #:7046763
  • Added:8 day(s) ago
  • Updated:April 11, 2026 at 03:04 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Basement:Yes
  • Living area:4,464 sq. ft.

Structure and exterior

  • Year built:1982
  • Building area:4,464 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Water:City Water - In Street
  • Sewer:City Sewer - In Street

Finances and disclosures

  • Price:$329,900
  • Price per sq. ft.:$73.9
  • Tax amount:$758

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