605 Main St

$349,000
Price
8
Beds
4
Baths
4,467 Sq. Ft.
$78 / Sq. Ft.
4,467
Sq. Ft.
$78
per Sq. Ft.

Description

Fantastic investment opportunity in the heart of Tower, just one block 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 with extra storage sheds already there offering excellent potential for future expansion, garages, or another multi-use build. Great location...Fantastic investment opportunity in the heart of Tower, just one block 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 with extra storage sheds already there 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.
  1. Listed by Z'Up North Realty, Inc.

Property Details for 605 Main Street

Subdivision Name
Tower
Zoning Jurisdiction
Business/Commercial,Residential-Multi-Family
LISTING UPDATED: 12/23/2025 08:25 AM

Property Details for 605 Main Street

StatusActive
MLS #6805481
Days on Compass10
Taxes$1,096 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1982
Lot Size17495.00 AC / 762,082,200 SF
CountySt. Louis County

Location

Listing Courtesy of Z'Up North Realty, Inc.
Add your commute

Building Information for 605 Main Street

Stories-Residences4Year Built1982Building Size-Lot Size17495.00 AC / 762,082,200 SF

Payment Calculator

$1,816 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,725

Property Taxes

$91

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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 into tower to building on left
  • 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
Taxes and HOA Information
  • Additional Parcels Description: 0800010034380,080001003400
  • Additional Parcels: Yes
  • Parcel Number: 080001003420
  • Tax Annual Amount: $1,096.00
  • Tax Legal Description: LOT: 0015 BLOCK:027
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 1096
School Information
  • High School District: 1046 - St. Louis County
  • School District Number: 1046
  • School District Phone: 2187498130
Property
Lot Information
  • Above Grade Fin SQFT: 4467.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 4467.0
  • Living Area Units: Square Feet
  • Lot Size Area: 17495.0
  • Lot Size Dimensions: 150x50
  • Lot Size Units: Square Feet
  • Present Use: Yearly
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • SQFT Main Total: 1488
  • Above Grade SqFt Total: 2979
  • Below Grade SqFt Total: 0
Utilities
  • Electric: 200+ Amp Service
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 2979.0
  • Fuel: Electric
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Age 8 Years or Less, Flat, Rubber
  • Patio Porch Type: Deck
Interior Features
  • Basement Type: Crawl Space
  • Bathrooms Total Count: 4
  • Bedrooms Total: 8
  • DP Resource: Yes
  • Heating: Boiler
  • Laundry Features: None
  • Levels: Two
  • Number of Refrigerator: Four
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Appl: Range, Refrigerator
  • Unit Bath Full: 1
  • Unit Cool System: Window
  • Unit Monthly Expenses: 8072
  • Unit Rooms Total: 6
  • Unit SqFt: 710
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 2
  • Unit Is Leased: Y
  • Unit Level: Main Level
  • Unit Type Total Rent: 1000
  • Unit Furnished: Unfurnished
Unit 2
  • Unit Appl: Range, Refrigerator
  • Unit Bath Full: 1
  • Unit Cool System: None
  • Unit Monthly Expenses: 8072
  • Unit Rooms Total: 6
  • Unit SqFt: 707
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 2
  • Unit Is Leased: Y
  • Unit Level: 2nd Level
  • Unit Type Total Rent: 1000
  • Unit Furnished: Unfurnished

Property History for 605 Main Street

DateEvent & SourcePriceAppreciation
Oct 17, 2025

Price Change

NorthStar #6805481

$349,000—
Oct 17, 2025

Listed (Active)

NorthStar #6805481

—
Aug 1, 2005

Sold (Public Record)

Public Record #280659969

$15,000—
DateEvent & SourcePrice
10/17/2025

Price Change

NorthStar #6805481

$349,000
10/17/2025

Listed (Active)

NorthStar #6805481

—
08/01/2005

Sold (Public Record)

Public Record #280659969

$15,000

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$3,500Additions-Total$3,500
Tax Record2025$60 ($5 / month)
Home Facts
Beds0StyleResidentialCountyST. LOUISAPN270-0110-02160

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 October 17, 2025 by Z'Up North Realty, Inc., it's currently listed at $349,000. It has been on the market for a total of 10 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, 4,467 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 Z'Up North Realty, Inc.

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/02/2026 10:46 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.