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$349,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units

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Fantastic investment Remember you can go FHA live in one and rent the rest great income opportunity in the heart of Tower, just few blocks from Lake Vermilion. Fully leased 4-plex with four 2-bed, 1-bath units. Each unit has been updated with newer windows, paint, flooring, and upgraded PEX plumbing. Newer boiler system provides efficient heat. Property is well maintained and cash flowing. Includes an additional vacant lot offering excellent potential for future expansion, garages, or another multi-Use build. Great location close to downtown, marina, and local amenities. Live in one unit and rent the rest or keep as a solid income-producing property. Inspection has already been done on the property and will be shared with future buyer.

Full Property Details for 605 Main St

General

  • Price: $349,000
  • Status: Active
  • Type: Multi-Family
  • Source: 1404
  • MLS ID: 149188
  • Updated: 1/7/2026
  • Added to Site: 127 day(s) ago

Rental Information

  • Lease Terms: Month to Month

Rooms

Other Rooms

  • Laundry: None

Exterior

  • Exterior Features: Deck

Parking

  • Parking: Off Site Parking

Location

  • Area: Tower/Soudan

School Information

  • School District: Tower/Soudan

Heating & Cooling

  • Cooling Type: Window Unit
  • Heating Type: Electric

Utilities

  • Utility Description: City Sewer, City Water

Structural Information

  • Exterior Const.: Wood
  • Basement Desc.: Crawl
  • Roof: See Remarks
  • Upper: 2,979 Sq. Ft.
  • Main/1st Level: 1,488 Sq. Ft.
  • Above Ground: 4,467 Sq. Ft.
  • Finished Total: 4,467 Sq. Ft.
  • Basement Finished: 0%
  • Year Built: 1982

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Dimensions: 150 x 50
  • Zoning: Comm

Disclosures and Reports

  • Property ID: Mult pid 080001003420,

Listed by z' Up North Realty

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— 605 Main St —

  • z' Up North Realty

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NMLS#: 1598647

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NMLS#: 1598647

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

Schools serving 605 Main St

School District:St. Louis County School District
NameGradesDistance
Tower-Soudan Elementary School
415 North 2nd Street, Tower, MN 55790
PK-60.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 605 Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/17/2025
Listed
$349,000
249%
MLS
5/12/2014
Sold
$100,000
—
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 605 Main St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$758
—
$31,800
9%
2025
$758
7%
$29,100
7%
2024
$710
-2%
$27,200
3%
2023
$728
-3%
$26,500
—
2022
$752
1%
$26,500
—
2020
$742
4%
$26,400
—
2019
$716
-1%
$26,400
—
2018
$726
—
$26,400
—
2017
$728
1%
$26,400
—
2016
$718
-17%
$26,400
-20%
2015
$866
3%
$32,800
—
2014
$841
1%
$32,800
—
2013
$836
—
$32,800
—
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 z' Up North Realty

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605 Main St, Tower, MN 55790 (MLS# 149188) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 605 Main St is currently listed for $349,000 and was received on October 17, 2025. Want to learn more about 605 Main St? Do you have questions about finding other Multi-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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