$349,000

605 Main St, Tower, MN 55790

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$349,000

605 Main St Tower, MN 55790

For Sale MLS# 149188

4,467 sq ft Multi-family

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Data current as of 17/12/2025 00:00:49

Details for 605 Main St

MLS# 149188

Description for 605 Main St, Tower, MN, 55790


Fantastic investment 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.

Listing Information


Property Type: Multi-family, Fourplex

Status: Active

Square Feet: 4,467 sq ft

Year Built: 1982

Construction: Concrete Block

School Information


District: Tower/Soudan

Interior Features


Square Footage above: 2,979 sq ft

Basement: Crawl

Utilities


Other Utilities: City Sewer,City Water

Cooling: Window Unit

Exterior / Lot Features


Parking Description: Off Site Parking

Exterior: Wood

Roof: See Remarks

Zoning: Comm

Waterfront Details


Water Front Features: 0 - None

Financial Considerations


Tax/Property ID: Mult pid 080001003420,

Tax Amount: 1096

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 605 Main St

Schools in attendance boundaries Grades Distance Rating
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Schools nearby Grades Distance Rating
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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