605 Main St

Tower, MN 55790

$329,900
Price
8
Beds
4
Baths
4,464 Sq. Ft.
$74 / Sq. Ft.
4,464
Sq. Ft.
$74
per Sq. Ft.
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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.
  1. Listed by Chessica Olson • Anchor Realty
    P: (763)-257-5080 Chessicasellshomes@gmail.com

Property Details for 605 Main Street

Architectural Style
2 Story
LISTING UPDATED: 05/05/2026 11:55 AM

Property Details for 605 Main Street

StatusActive
MLS #149705
Days on Compass40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1982
Lot Size0.16 AC / 6,969 SF
CountySt. Louis County
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Location

Listing Courtesy of Anchor Realty
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Building Information for 605 Main Street

Stories2Year Built1982Building Size-Lot Size0.16 AC / 6,969 SF

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$1,724 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,661

Property Taxes

$63

HOA Dues

$0

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Property Information for 605 Main Street

Summary
Location and General Information
  • Latitude: 47.805506
  • Longitude: -92.276829
  • Township: 27
Taxes and HOA
  • Parcel Number: 080001003420
Parking
  • Parking Features: None
Property
Lot Information
  • Lot Size Acres: 0.16
Property and Assessments
  • Living Area: 4464.0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1982
Building Features
  • Construction Materials: Frame, Wood Siding
Utilities
  • Property Power Amperage: 200
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Enclosed
  • Roof: Rubber, Shingle
  • Stories: 2
  • Total Stories: 2
Interior Features
  • Appliances: Electric Range, Refrigerator, Electric Water Heater
  • Basement: Crawl Space
  • Total Bedrooms: 8
  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Heating: Hot Water
  • Has Heating: Yes
  • Water Heater: Electric

Property History for 605 Main Street

DateEvent & SourcePriceAppreciation
Apr 3, 2026

Price Change

NorthStar #7046763

$329,900—
Apr 3, 2026

Listed (Active)

NorthStar #7046763

—
Apr 3, 2026

Listed (Active)

Range Association of REALTORS #149705

$329,900—
DateEvent & SourcePrice
04/03/2026

Price Change

NorthStar #7046763

$329,900
04/03/2026

Listed (Active)

NorthStar #7046763

—
04/03/2026

Listed (Active)

Range Association of REALTORS #149705

$329,900

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
Tower-Soudan Elementary School
Public - PK to 6
Northeast Range Secondary
Public - 7 to 12
North Woods Secondary
Public - 7 to 12
Cherry Elementary School
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.

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More information about 605 Main Street, Tower, MN 55790

605 Main Street is a single 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 40 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 single 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

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the RAOR - Range Association of REALTORS®. Real estate listings held by brokerage firms other than Compass and its related brokerages are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Compass and its related brokerages is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Compass and its related brokerages, a broker Participant of the RAOR - Range Association of REALTORS®. 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. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.