$144,000
Original price: $159,000
3 Beds
1 Bath
1,512 sqft
507 Main St, Tower, MN 55790
Est. Mortgage $983/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1925
$95/sqft
Garage
Local Information
- Map ViewExplore the area around 507 Main St.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Located in a prime downtown location just off the main street/hwy with high traffic flow & excellent visibility, this unique residential/commercial property offers a fantastic opportunity for a business with the added benefit of residential living quarters above. The upper level provides private living quarters w/3 BRs, 1 bath, a kitchenette and an upper rear-facing deck. The spacious office area on the main floor is perfect for a variety of businesses, whether you're looking to set up an office, retail space, or professional services. Large windows allow for excellent visibility & natural light, while the open floor plan offers flexibility to customize the space to suit your specific needs. AND THE Bonus is a 2-stall heated garage! With its unbeatable location near beautiful Lake Vermilion, this property offers access to the surrounding community & outdoor activities.
Last check for updates: about 2 hours ago
Listing courtesy of Sherry Zupancich Anderson
Vermilion Land Office Inc
Source: Range AOR, MLS#148672
Also Listed on Range AOR.
Home Details for 507 Main St
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Interior Details Basement: Full,PouredNumber of Rooms: 4Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Living Room |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 1 |
Dimensions and Layout Living Area: 1512 Square Feet |
Appliances & Utilities Utilities: Water Connected, Sewer ConnectedAppliances: Electric Range, Range Hood, Microwave, Refrigerator, Washer, Elec. Dryer, Electric Water HeaterMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Oil,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Oil |
Fireplace & Spa Fireplace: NoneNo Fireplace |
Gas & Electric Electric: Amps: 100 |
Levels, Entrance, & Accessibility Levels: One and One Half |
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Exterior Home Features Roof: Asphalt ShinglePatio / Porch: DeckExterior: Guttering: No |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: 2 Stalls,Detached |
Frontage Waterfront: 0 - NoneNot on Waterfront |
Finished Area Finished Area (below surface): 1008 |
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Days on Market: 180+ |
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Year Built Year Built: 1925 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential |
Building Construction Materials: Vinyl Siding, Wood Siding, Wood Frame |
Property Information Parcel Number: 080001002325 |
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Price List Price: $144,000Price Per Sqft: $95 |
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MLS Status: Active |
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Direction & Address City: Tower |
School Information Elementary School District: St.Louis County-2142Jr High / Middle School District: St.Louis County-2142High School District: St.Louis County-2142 |
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Listing Agent Listing ID: 148672 |
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Building Area Building Area: 2520 Square Feet |
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Lot Area: 4791.6 sqft |
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BasementMls Number: 148672 |
Around this home
What Locals Say about Tower
At least 1 Trulia users voted on each feature.
100 % Say parking is easy
100 % Say people would walk alone at night
100 % Say they plan to stay for at least 5 years
100 % Say there's holiday spirit
100 % Say yards are well-kept
100 % Say it's quiet
100 % Say car is needed
75 % Say neighbors are friendly
67 % Say there's wildlife
60 % Say it's walkable to restaurants
50 % Say it's dog friendly
33 % Say it's walkable to grocery stores
33 % Say there are community events
33 % Say there are sidewalks
33 % Say kids play outside
25 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
Market trends in Tower
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
35
6MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Single-Family Home | $89,000 | 05/04/26 | 3 | 1 | 886 | |
0.11 | Single-Family Home | $85,000 | 02/06/26 | 2 | 2 | 1,139 | |
0.11 | Single-Family Home | $233,000 | 09/11/26 | 3 | 1.5 | 1,659 | |
0.13 | Single-Family Home | $170,500 | 03/06/26 | 3 | 2.5 | 1,568 | |
0.09 | Single-Family Home | $230,000 | 04/10/26 | 3 | 2.5 | 2,608 | |
0.34 | Single-Family Home | $232,000 | 05/13/26 | 5 | 2 | 2,184 | |
0.33 | Single-Family Home | $235,000 | 10/29/25 | 3 | 1.5 | 1,680 | |
0.35 | Single-Family Home | $339,500 | 05/29/26 | 3 | 2 | 2,928 | |
1.86 | Single-Family Home | $40,000 | 10/17/25 | 3 | 1 | 1,152 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $156,700 | Studio | 1 | 3,561 | Off Market | |
0.05 | - | - | - | - | Off Market | |
0.02 | $220,400 | 1 | 1 | 624 | Off Market | |
0.02 | $345,400 | 2 | 1 | 1,080 | Off Market | |
0.02 | - | - | - | - | Off Market | |
0.02 | - | - | - | - | Off Market | |
0.02 | - | - | - | - | Off Market | |
0.02 | - | - | - | - | Off Market | |
0.02 | $374,900 | 4 | 2 | 2,467 | Off Market | |
0.09 | $230,000 | 3 | 2.5 | 2,608 | Recently Sold | |
0.06 | - | - | - | - | Off Market |
Price and Tax history
| Date | Event | Price |
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Aug 5, 2026 Source: Range AOR #148672 | PriceChange | $144,000 Price decreased by 9% |
Mar 29, 2026 Source: Range AOR #148672 | PriceChange | $159,000 Price decreased by 6% |
Jul 16, 2025 Source: Range AOR #148672 | PriceChange | $169,000 Price decreased by 4% |
Jul 8, 2025 Source: Range AOR #148672 | Listed For Sale | $176,000 |
Feb 20, 2019 Source: N/A | Sold | $50,000 |
Nov 3, 2015 Source: N/A | Sold | $50,000 |
Dec 24, 2014 Source: N/A | Sold | $50,000 |
Jan 30, 2013 Source: N/A | Sold | $37,000 |
Oct 24, 2010 Source: Agent Provided | ListingRemoved | $114,900 |
Oct 6, 2010 Source: Agent Provided | Listed For Sale | $114,900 |
Feb 21, 2006 Source: N/A | Sold | $80,000 |
Jan 25, 2001 Source: N/A | Sold | $25,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,546 | $76,700 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Sherry Zupancich Anderson, Vermilion Land Office Inc
IDX information is provided exclusively for 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 deemed reliable but not guaranteed.
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Frequently asked questions about 507 Main St
- What is the estimated monthly payment for 507 Main St?Based on a $144,000 list price with 20% down at today's rates, the estimated monthly payment for 507 Main St in Tower, MN is approximately $989 (about $786 principal & interest, $128 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What are the closest schools to 507 Main St?The closest schools to 507 Main St in Tower, MN are Northeast Range Secondary (Middle/High, rated 6/10), Tower-Soudan Elementary School (Pre-K, rated 5/10).
- Does 507 Main St have air conditioning?Yes, 507 Main St in Tower, MN has air conditioning.
- How big is the lot at 507 Main St?The lot at 507 Main St in Tower, MN is about 0.11 acres (4,792 sq ft).
- Does 507 Main St have a garage?Yes, 507 Main St in Tower, MN has a garage.
507 Main St, Tower, MN 55790 is a 3 bedroom, 1 bathroom, 1,512 sqft single-family home built in 1925. This property is currently available for sale and was listed by Range AOR on Jul 8, 2025. The MLS # for this home is MLS# 148672.