605 Main St

4
Baths
4,464 Sq. Ft.
$74 / Sq. Ft.
4,464
Sq. Ft.
$74
per Sq. Ft.

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...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.
  1. Listed by Anchor Realty

Property Details for 605 Main Street

Subdivision Name
Tower
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 04/08/2026 10:33 AM

Property Details for 605 Main Street

StatusActive
MLS #7046763
Days on Compass16
Taxes$758 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1982
Lot Size0.16 AC / 6,969 SF
CountySt. Louis County

Location

Listing Courtesy of Anchor Realty
Add your commute

Building Information for 605 Main Street

Stories-Residences4Year Built1982Building Size-Lot Size0.16 AC / 6,969 SF

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Property Information for 605 Main Street

Summary
Location and General Information
  • City Name: Tower
  • County Or Parish: St. Louis
  • County: St. Louis-MN
  • Directions: Hwy 169 to home on left side next to ubetcha
  • Latitude: 47.805596
  • Longitude: -92.276786
  • Map Coordinate: 999-A1
  • City and Location: Tower
  • City and Location Text: Tower(MN)
  • Postal Code: 55790
  • State Or Province: MN
  • Public Survey Township: 0
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 080001003420
  • Tax Annual Amount: $758.00
  • Tax Legal Description: LOT: 0015 BLOCK:027
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 758
School Information
  • High School District: 1046 - St. Louis County
  • School District Number: 1046
  • School District Phone: 2187498130
Property
Lot Information
  • Above Grade Fin SQFT: 4464.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 4464.0
  • Living Area Units: Square Feet
  • Lot Size Area: 0.16
  • Lot Size Dimensions: 140x50
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • SQFT Main Total: 1488
  • Building Area Total: 4464.0
  • Above Grade SqFt Total: 4464
  • Below Grade SqFt Total: 0
Utilities
  • Electric: 200+ Amp Service
  • Sewer: City Sewer - In Street
  • Water Source: City Water - In Street
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 2979.0
  • Fuel: Electric,Other
Interior Features
  • Basement Type: None
  • Bathrooms Total Count: 4
  • Bedrooms Total: 8
  • DP Resource: Yes
  • Heating: Boiler
  • Laundry Features: Other
  • Levels: Two
  • Number of Refrigerator: Four
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Appl: Cooktop, Exhaust Fan/Hood, Range, Refrigerator
  • Unit Bath Full: 1
  • Unit Cool System: Window
  • Unit Monthly Expenses: 849
  • Unit Rooms Total: 8
  • Unit SqFt: 44
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 4
  • Unit Is Leased: Y
  • Unit Level: Main Level
  • Unit Type Total Rent: 1000
  • Unit Furnished: Unfurnished

Property History for 605 Main Street

DateEvent & SourcePriceAppreciation
Apr 3, 2026

Price Change

NorthStar #7046763

$329,900—
Apr 3, 2026

Listed (Active)

NorthStar #7046763

—
Feb 1, 2026

Off Market

NorthStar #6805481

—
DateEvent & SourcePrice
04/03/2026

Price Change

NorthStar #7046763

$329,900
04/03/2026

Listed (Active)

NorthStar #7046763

—
02/01/2026

Off Market

NorthStar #6805481

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 605 Main Street

Taxable ValueLand$6,300Additions$25,500Total$31,800
Tax Record2025$758 ($63 / month)
Home Facts
Total Finished SqFt2,976 SqFtAbove Grade Finished SqFt2,976 SqFtStories1StyleMulti-Family Res (5+ Units)Year Built1982CountyST. LOUISAPN080-0010-03420

Schools near 605 Main Street

This home is within St. Louis County School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - 7 to 12
Public - PK to 6
Rating
School
Distance
Tower-Soudan Elementary School
PublicPK to 6

Northeast Range Secondary
Public7 to 12

North Woods Secondary
Public7 to 12

Cherry Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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605 Main Street is a multi-family home for sale in Tower, MN 55790. This property was listed for sale on April 3, 2026 by Anchor Realty, it's currently listed at $329,900. It has been on the market for a total of 16 days and was last sold on August 1, 2005. This listing's school district is St. Louis County School District. Nearby schools include Tower-Soudan Elementary School, Northeast Range Secondary and North Woods Secondary. 605 Main Street is a 8-bed, 4-bath, 4,464 sqft multi-family home built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Anchor Realty

Based on information submitted to the MLS GRID as of 04/08/2026 10:33 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.