605 Main St, Tower, MN 55790
FOR SALE

605 Main St
Tower, MN 55790

  • 8 Beds
  • 4 Baths
  • 4,464 sqft

$329,900

Est. Mortgage $1,997/mo*

$329,900

Est. Mortgage $1,997/mo*
8 Beds
4 Baths
4,464 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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.

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

Active Status

MLS Status: Active

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 107Days on Market: 35

Property Information

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

Price & Status

Price
List Price: $329,900Price Per Sqft: $74

Location

Direction & Address
City: TowerCommunity: Tower
School Information
High School District: St. Louis County

Agent Information

Listing Agent
Listing ID: 7046763

Building

Building Area
Building Area: 4464 Square Feet

Lot Information

Lot Area: 6969.6 sqft

Offer

Contingencies: None

Business

Expense
Tenant Pays: Cable TV, Electricity, Telephone, Trash Collection

Rental Terms, Policies & Fees

Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Repairs, Sewer, Taxes, Water

Miscellaneous

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

DatePriceEventSource
04/03/2026$329,900Listed For SaleNorthstarMLS as distributed by MLS GRID #7046763
03/01/2026$349,000ListingRemovedRange AOR #149188
10/17/2025$349,000Listed For SaleNorthstarMLS as distributed by MLS GRID #6805481
10/17/2012$69,900ListingRemovedAgent Provided
10/11/2012$69,900Listed For SaleAgent Provided
09/26/2005$15,000Sold
N/A

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Property Tax and Assessment

Year2024
Tax$60
Assessment$3,500
Home facts updated by county records

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

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
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.