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$329,900

  • For Sale
  • Active
  • Single Family
  • 8 Beds
  • 4 Total Baths
  • 4,464 Sq. Ft.
  • Updated 8 days ago

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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.

Full Property Details for 605 Main St

General

  • Price: $329,900
  • Status: Active
  • Type: Single Family
  • Source: 1404
  • MLS ID: 149705
  • Updated: 4/4/2026
  • Added to Site: 9 day(s) ago

Interior

  • Fireplace(s): None
  • Appliances: Electric Range, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Exterior

  • Porch/Patio/Deck: Enclosed

Parking

  • Garage Description: None

Location

  • Area: Tower/Soudan

School Information

  • School District: Rock Ridge - 2909

Heating & Cooling

  • Cooling Type: Window Unit
  • Heating Type: Hot water
  • Water Heater: Electric

Utilities

  • Utility Description: City Water, City Sewer

Structural Information

  • Architectural Style: 2 Story
  • Construction: Concrete, Wood Frame
  • Exterior Const.: Wood
  • Basement Desc.: Crawl
  • Roof: Shingle, Rubber
  • Amps: 200
  • Square Feet: 4,464
  • Upper: 1,488 Sq. Ft.
  • Main/1st Level: 2,976 Sq. Ft.
  • Basement Finished: 0%
  • Year Built: 1982

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Dimensions: 140 x 50

Disclosures and Reports

  • Property ID: 80001003420

Listed by Anchor Realty

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— 605 Main St —

  • Anchor 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
Northeast Range Secondary
30 South Drive, Babbitt, MN 55706
7-1216.6 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 605 Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/03/2026
Listed
$329,900
229.9%
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 Anchor Realty

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605 Main Street, Tower, MN 55790 (MLS# 149705) is a Single Family property with 8 bedrooms and 0 full bathrooms. 605 Main Street is currently listed for $329,900 and was received on April 03, 2026. Want to learn more about 605 Main Street? 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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