$317,900

605 Main Street, Tower, MN 55790-000

Bedrooms

8
Bathrooms

4
Sq.Ft.

4,464

Property 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 and ATV trails right out your door. Historic building with updates throughout.

Overview

Property Status

Sold

Date Sold

September 15, 2026

Lot Size

6,969.6 Sq.Ft.

MLS ID

149705

Property Type

Residential

Year Built

1982

Are you interested?

Schedule a Tour

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Chessica Reichert-Olson

(763) 257-5080 [email protected]

Features & Amenities

Neighborhood

Lake Vermillion

Water Frontage

0 - None

Stories

2

Water Source

City Water

Roof

Shingle, Rubber

Parking

None

Heat Type

Hot water

Air Conditioning

Window Unit

Fireplace

None

Appliances

Electric Range, Refrigerator

Sewer

City Sewer

Middle School

Rock Ridge - 2909

School District

Rock Ridge - 2909

Sales Price

$317,900

Green two-story building with a white entry door beside a sidewalk and mature trees.

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Lake Vermilion with blue water, marsh grasses, and a tree-covered shoreline.

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$317,900

605 Main Street, Tower, MN 55790-000

8

4

4,464

Property Description

Overview

Basic Information

Features & Amenities

Area & Lot

Interior & Exterior

School Information

Financial

Rental Rates

Downloads

605 Main Street

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Explore Lake Vermillion

Featured Properties

$317,900

605 Main Street, Tower, MN 55790-000

8

4

4,464

Property Description

Overview

Basic Information

Features & Amenities

Area & Lot

Interior & Exterior

School Information

Financial

Rental Rates

Downloads

Schedule a Tour

605 Main Street

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Explore Lake Vermillion

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