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$249,500

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,659 Sq. Ft.
  • 2 Car Garage
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OPEN HOUSE: Click link for 3D Virtual Tour. Lake Vermilion & Giants Ridge Areas-Great Rental Potential! Easy One Level Living-Exceptional 3BR/2BA Updated Home W/City Water & Sewer, New 2 Stall Garage, Huge Yard In Peaceful Tower, Just 17 Mi To The Slopes, Tees, Lakes, Bike & Snowmobile Trails At Giants Ridge. Only Blocks To Lake Vermilion Landing, State Park, Bike & Snowmobile Trails. 1659 SF home offers main flr BR & full BA. LR w/wd burning firepl front stove & glowing hardwd flr open to screen porch. Lg kitch w/painted wood cabinets & bar open to DR. Upstairs guest BR & primary suite w/bth, walk in closet & deck. Triple pane windows, added insulation, freshly painted. Almost every room completely renovated. New: 2 new firepl front wood stoves, screen porch, propane furnace, electrical upgrades, natural wood ceilings. Good internet. Furnishings available.

Full Property Details for 506 2nd St S

General

  • Price: $249,500
  • Taxes: $353 (2025)
  • Status: Active
  • Type: Single Family
  • Source: 1402
  • MLS ID: 6123660
  • Updated: 7/24/2026
  • Added to Site: 181 day(s) ago

Interior

  • Interior Features: Garage Door Opener(s), Hardwood Floors, Walk-In Closet(s), Main Floor Laundry, Dryer Hook-Ups, Washer Hookup
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Dining Room: Combine with Kitchen

Exterior

  • Exterior Features: Deck, Fenced Yard, Porch

Parking

  • Garage Spaces: 2

Location

  • Area: R
  • County: St. Louis County
  • Driving Directions: In town

School Information

  • High School District: St. Louis County #2142

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air, Propane

Utilities

  • Sewer: Public Sewer
  • Water: City

Structural Information

  • Architectural Style: Ranch
  • Construction: Frame/Wood
  • Exterior Const.: Asphalt
  • Basement: Yes
  • Basement Desc.: None
  • Roof: Asphalt Shingle
  • Stories/Levels: 2
  • Square Feet: 1,659
  • Year Built: 1898

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Dimensions: 140 x 80
  • Frontage: City Street
  • Road Maintenance: Public Maintained Road
  • Development Status: Previously Owned

Financial Considerations

  • Price Per Sq. Ft.: $150.39
  • Tax Amount: $353
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: LOT 3, BLOCK 22, TOWER
  • Property ID: 080-00010-02610
  • Section: 32

Listed by Janisch Realty Inc.

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Listing agent

— 506 2nd St S —

  • Janisch Realty Inc.

***

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 506 2nd St S

School District:St. Louis County School District
NameGradesDistance
Tower-Soudan Elementary School
415 North 2nd Street, Tower, MN 55790
PK-60.1 mi
Northeast Range Secondary
30 South Drive, Babbitt, MN 55706
7-1216.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 506 2nd St S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/13/2026
Price Reduced
$249,500
-5.67%
MLS
6/27/2026
Price Reduced
$264,500
-1.67%
MLS
5/20/2026
Price Reduced
$269,000
-2.18%
MLS
2/11/2026
Listed
$275,000
120.18%
MLS
11/20/2023
Sold
$124,900
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 506 2nd St S

Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,084
-10%
$77,100
32%
2023
$1,210
—
$58,600
15%
2023
$1,210
7%
$51,100
—
2022
$1,132
106%
$51,100
42%
2020
$550
19%
$36,000
7%
2019
$462
-3%
$33,660
—
2018
$474
—
$33,660
—
2017
$474
3%
$33,660
—
2016
$462
16%
$33,700
10%
2015
$400
61%
$30,500
38%
2014
$248
3%
$22,100
—
2013
$241
—
$22,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Janisch Realty Inc.

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506 2nd St S, Tower, MN 55790 (MLS# 6123660) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 506 2nd St S is currently listed for $249,500 and was received on February 11, 2026. Want to learn more about 506 2nd St S? Do you have questions about finding other Single Family real estate for sale in Tower? You can browse all Tower real estate or contact a Coldwell Banker agent to request more information.

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