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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.
| DAYS ON MARKET | 26 | LAST UPDATED | 4/3/2026 |
|---|---|---|---|
| YEAR BUILT | 1982 | COUNTY | St. Louis |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| School District | Rock Ridge - 2909 |
|---|
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Range, Electric Water Heater, Refrigerator |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Frame, Wood Siding |
| HEAT | Hot Water |
| LOT | 6970 sq ft |
| PARKING | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | 2 Levels |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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This IDX solution is (c) Diverse Solutions 2026.