Listing Courtesy of: 
NORTHSTAR MLS as distributed by MLS GRID / Listed By: Anchor Realty
NORTHSTAR MLS as distributed by MLS GRID / Listed By: Anchor Realty 605 Main Street Tower, MN 55790
Pending (200 Days)
$329,900 (USD)
Description
MLS #:
7046763
7046763
Taxes
$758(2025)
$758(2025)
Lot Size
6,970 SQFT
6,970 SQFT
Type
Multifamily
Multifamily
Year Built
1982
1982
Style
Two
Two
School District
St. Louis County
St. Louis County
County
St. Louis County
St. Louis County
Listed By
Chessica L Olson, Anchor Realty
Source
NORTHSTAR MLS
Last checked Jul 5 2026 at 9:02 PM GMT+0000
NORTHSTAR MLS
Last checked Jul 5 2026 at 9:02 PM GMT+0000
Bathroom Details
Subdivision
- Tower
Heating and Cooling
- Boiler
Utility Information
- Sewer: City Sewer - In Street
- Fuel: Electric, Other
Parking
- On-Street Parking Only
- Off Site
- Gravel
Stories
- 2
Living Area
- 4,464 sqft
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by C21 Atwood and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Atwood are marked with the Broker Reciprocity SM logo or the Broker Reciprocity SM thumbnail logo and detailed information about them includes the name of the listing brokers.Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
and detailed information about them includes the name of the listing brokers.Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Based on information submitted to the MLS GRID as of 7/5/2026 21:02. 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.
The building features four spacious 2-bedroom, 1-bath units with separate electric meters, allowing tenants to pay their own electricity. All units are currently rented at $1,000 per month on flexible month-to-month leases, providing immediate rental income with room for future rent increases.
Located in one of northern Minnesota’s premier recreation destinations, this property offers quick access to boating, fishing, snowmobile trails, and ATV trails right outside your door. The historic building has seen updates throughout while still maintaining its character and charm.
Additional opportunity available with a neighboring commercial lot that may be purchased together or separately.
Live in one unit while the other tenants help offset your mortgage, or add a solid income-producing property to your portfolio in a highly desirable lake community.