605 Main Street, Tower, Minnesota 55790

MN, Tower
$329,900
  • 8 Beds
  • 4 Bath
  • Residential Income Property Type
  • 1982 Year Built
  • Active Status
See All 86 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property 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.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 7046763
  • Price: $329,900
  • Year Built: 1982
  • Listing Status: Active
  • Office Name: Anchor Realty
  • Property Sub Type: Fourplex
Features
  • Heating System Boiler
  • Basement None
  • Parking Gravel,On-Street Parking Only,Off Site
  • Laundry Features Other
  • Sewer City Sewer - In Street
Address Map
  • Country US
  • State MN
  • County St. Louis
  • City Tower
  • Zipcode 55790
  • Street: Main
  • Street Number: 605
  • Street Suffix: Street
  • Longitude: W93° 43' 23.6''
  • Latitude: N47° 48' 20.1''
  • Directions: Hwy 169 to home on left side next to ubetcha
Neighborhood
  • High School District: St. Louis County
MLS Addon
  • Office Name: Anchor Realty
Additional Information
  • Water Source: City Water - In Street
  • Accessibility Features: None
  • Building Size: 4464
  • Construction Materials: Block,Concrete,Frame
  • Electric: 200+ Amp Service
  • Levels: Two
  • Lot Size Dimensions: 150x50
  • Number Of Units Total: 4
Financial
  • Tax Annual Amount: 758
Listing Information
  • List Agent Mls Id: 496504044
  • List Office Mls Id: 251709
  • Modification Timestamp: 2026-04-03T12:45:06Z
  • Originating System Name: NorthStar
Mortgage Calculator
$
$ %
years
%
$ % per year
$ %per year
$