605 Main St
Tower, MN 55790
- 8 Beds
- 4 Baths
- 4,464 sqft
8 Beds
4 Baths
4,464 sqft
Local Information
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Description
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.
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.
Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$74
Listed
35 days ago
Home Details for 605 Main St
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MLS Status: Active |
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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: 107Days on Market: 35 |
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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: $74 |
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Direction & Address City: TowerCommunity: Tower |
School Information High School District: St. Louis County |
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Listing Agent Listing ID: 7046763 |
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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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BasementMls Number: 7046763Above Grade Unfinished Area: 4464 |
Last check for updates: about 22 hours ago
Listing courtesy of Chessica L Olson, (763) 257-5080
Anchor Realty
Source: NorthstarMLS as distributed by MLS GRID, MLS#7046763

Price History for 605 Main St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/03/2026 | $329,900 | Listed For Sale | NorthstarMLS as distributed by MLS GRID #7046763 |
| 03/01/2026 | $349,000 | ListingRemoved | Range AOR #149188 |
| 10/17/2025 | $349,000 | Listed For Sale | NorthstarMLS as distributed by MLS GRID #6805481 |
| 10/17/2012 | $69,900 | ListingRemoved | Agent Provided |
| 10/11/2012 | $69,900 | Listed For Sale | Agent Provided |
| 09/26/2005 | $15,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $60 |
| Assessment | $3,500 |
Home facts updated by county records
Assigned Schools
These are the assigned schools for 605 Main St.
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
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Chessica L Olson, Anchor Realty
Agent Phone: (763) 257-5080

Based on information submitted to the MLS GRID as of 2026-05-07 15:43:14 PDT. 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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By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
605 Main St, Tower, MN 55790 is a 8 bedroom, 4 bathroom, 4,464 sqft multi-family built in 1982. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Apr 3, 2026. The MLS # for this home is MLS# 7046763.

