$319,000
8 Beds
4 Baths
4,464 sqft
605 Main St, Tower, MN 55790
Est. Refi. Payment $2,105/mo*
Refinance Your HomeCurrently Off Market - Sold Sep 25, 2026 for $317,900 (4% below list price)
Home Value
Trulia Estimate
$319KSince last month
Increased$1K (+0.4%)Since last year
Decreased$17K (-5.1%)Since last sale
Increased$1K (+0.4%)Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.
Trulia Estimate
The of this home's value increased by +454% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| October 2026 | $319K |
| October 2026 | $319K |
| September 2026 | $318K |
2025 | |
2023 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
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 |
|---|---|---|---|---|---|---|
0.01 | $157,800 | Studio | - | 3,500 | Off Market | |
0.04 | $56,200 | 2 | 1 | 592 | Off Market | |
0.04 | - | - | - | - | Off Market | |
0.04 | - | 2 | 1.5 | 1,208 | Off Market | |
0.04 | $172,400 | 3 | 2 | 1,057 | Off Market | |
0.05 | - | - | - | - | Off Market | |
0.05 | $124,100 | 2 | 2 | 760 | Off Market | |
0.05 | $246,800 | Studio | - | 3,952 | Off Market | |
0.05 | $107,300 | 2 | 1 | 2,000 | Off Market | |
0.05 | - | Studio | - | 1,344 | Off Market | |
0.05 | $93,800 | 3 | 1 | 1,024 | Off Market | |
0.06 | - | Studio | - | 1,674 | Off Market | |
0.06 | $165,800 | 2 | 2 | 1,496 | Off Market | |
0.06 | $125,000 | 2 | 1 | 1,188 | Recently Sold | |
0.06 | $125,000 | 2 | 1 | 1,188 | Recently Sold | |
0.07 | $185,100 | 1 | 1 | 624 | Off Market | |
0.07 | $285,800 | 2 | 1 | 1,080 | Off Market | |
0.07 | - | - | - | - | Off Market | |
0.07 | - | - | - | - | Off Market |
Local Information
- Map ViewExplore the area around 605 Main St.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Multi-Family
Built in 1982
4,464 sqft
$71/sqft
Open Parking
About this House
Exceptional turn-key 4-plex opportunity in the heart of Tower, MN — just one block from beautiful Lake Vermilion. Whether you’re an investor looking for strong cash flow or a first-time home buyer wanting tenants to help pay the mortgage, this property offers endless potential.
The building features four spacious 2-bedroom, 1-bath units with separate electric meters, allowing tenants to pay their own electricity. All units are currently rented at $1,000 per month on flexible month-to-month leases, providing immediate rental income with room for future rent increases.
Located in one of northern Minnesota’s premier recreation destinations, this property offers quick access to boating, fishing, snowmobile trails, and ATV trails right outside your door. The historic building has seen updates throughout while still maintaining its character and charm.
Additional opportunity available with a neighboring commercial lot that may be purchased together or separately.
Live in one unit while the other tenants help offset your mortgage, or add a solid income-producing property to your portfolio in a highly desirable lake community.
The building features four spacious 2-bedroom, 1-bath units with separate electric meters, allowing tenants to pay their own electricity. All units are currently rented at $1,000 per month on flexible month-to-month leases, providing immediate rental income with room for future rent increases.
Located in one of northern Minnesota’s premier recreation destinations, this property offers quick access to boating, fishing, snowmobile trails, and ATV trails right outside your door. The historic building has seen updates throughout while still maintaining its character and charm.
Additional opportunity available with a neighboring commercial lot that may be purchased together or separately.
Live in one unit while the other tenants help offset your mortgage, or add a solid income-producing property to your portfolio in a highly desirable lake community.
605 Main St, Tower, MN 55790 is a 8 bedroom, 4 bathroom, 4,464 sqft multi-family built in 1982. It last sold for $317,900 on Sep 25, 2026 (4% below the $329,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $319,000.
Last check for updates: about 5 hours ago
Listed by Chessica L Olson, (763) 257-5080
Anchor Realty
Bought with: Savanna Oberfeld, (320) 676-8711, Century 21 Atwood
Source: NorthstarMLS as distributed by MLS GRID, MLS#7046763
Home Details for 605 Main St
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Interior Details Basement: None |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 4464 Square FeetFoundation Area: 2979 |
Appliances & Utilities Laundry: Other |
Heating & Cooling Heating: BoilerHas HeatingHeating Fuel: Boiler |
Gas & Electric Electric: 200+ Amp ServiceGas: Electric, Other |
Levels, Entrance, & Accessibility Number of Stories: 2Levels: TwoAccessibility: None |
View No View |
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Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: Gravel,Off Site,On Street |
Frontage Not on Waterfront |
Water & Sewer Sewer: City Sewer - In Street |
Finished Area Finished Area (above surface): 4464 Square Feet |
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Cumulative Days on Market: 196 |
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Year Built Year Built: 1982 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Fourplex |
Building Construction Materials: Block, Concrete, FrameNot a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 080001003420 |
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Price List Price: $329,900Price Per Sqft: $71/sqft |
Status Change & Dates Off Market Date: Wed Jul 01 2026 |
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MLS Status: Closed |
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Direction & Address City: TowerCommunity: Tower |
School Information High School District: St. Louis County |
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Building Area Building Area: 4464 Square Feet |
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Lot Area: 6969.6 sqft |
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Contingencies: None |
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Expense Tenant Pays: Cable TV, Electricity, Telephone, Trash Collection |
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Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Repairs, Sewer, Taxes, Water |
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Mls Number: 7046763Above Grade Unfinished Area: 4464 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 25, 2026 Source: NorthstarMLS as distributed by MLS GRID #7046763 | Sold | $317,900 |
Jul 1, 2026 Source: NorthstarMLS as distributed by MLS GRID #7046763 | Pending | $329,900 |
Jun 27, 2026 Source: Range AOR #149705 | Contingent | $329,900 |
Apr 3, 2026 Source: NorthstarMLS as distributed by MLS GRID #7046763 | Listed For Sale | $329,900 |
Mar 1, 2026 Source: Range AOR #149188 | ListingRemoved | $349,000 |
Oct 17, 2025 Source: NorthstarMLS as distributed by MLS GRID #6805481 | Listed For Sale | $349,000 |
Oct 17, 2012 Source: Agent Provided | ListingRemoved | $69,900 |
Oct 11, 2012 Source: Agent Provided | Listed For Sale | $69,900 |
Sep 26, 2005 Source: N/A | Sold | $15,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | $54 | $3,900 |
Home facts updated by county records
Market trends in Tower
Last updated September 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
29
6MoM
Sourced by Trulia Market Trends
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Based on information submitted to the MLS GRID as of 2026-11-01 13:38:13 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 605 Main St
- What is 605 Main St estimated to be worth?Trulia's estimated value for 605 Main St in Tower, MN is $319,000.
- What is the price history for 605 Main St?605 Main St in Tower, MN last sold for $317,900 in September 2026.
- Is Tower a buyer's or seller's market?Tower is currently a buyer's market, based on recent for-sale activity.
- What are the closest schools to 605 Main St?The closest schools to 605 Main St in Tower, MN are Northeast Range Secondary (Middle/High, rated 6/10), Tower-Soudan Elementary School (Pre-K, rated 5/10).
- Does 605 Main St have laundry facilities?Yes, 605 Main St in Tower, MN has laundry facilities.
- Does 605 Main St have parking?Yes, 605 Main St in Tower, MN has on-site parking.
Apartments for Rent
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Off Market Homes Near 605 Main St
SOLDSEP 30, 2026Sherry Anderson, Vermilion Land Office, Inc
SOLDSEP 29, 2026Tim Collelo, Tim Collelo Realty, LLC
SOLDSEP 11, 2026Lisa Janisch, Janisch Realty Inc.
SOLDSEP 11, 2026Sherry Anderson, Vermilion Land Office, Inc
SOLDAUG 14, 2026Sherry Anderson, Vermilion Land Office, Inc
SOLDAUG 7, 2026Sherry Anderson, Vermilion Land Office, Inc
SOLDJUL 15, 2026Barb Hegg, Vermilion Land Office, Inc
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