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    Tower, MN Multifamily Properties for Sale

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    New
    Updated Fourplex Near Lake Vermilion
    $349,000
    4,467 SF

    Updated Fourplex Near Lake Vermilion

    605 Main St, Tower, MN 55790

    Fully leased fourplex in Tower, MN, near Lake Vermilion.

    • Fully leased 4‑plex providing immediate cash flow.
    • Includes an additional vacant lot for future expansion or development.
    • Updated units with newer windows, paint, flooring, and upgraded PEX plumbing.
    • Newer boiler system provides efficient heat.
    • Desirable location in Tower, close to Lake Vermilion, downtown, marina, and local amenities.
    Last Update: Dec 8
    View details
    Lake Vermilion Resort Opportunity
    $1,400,000

    Lake Vermilion Resort Opportunity

    2001 A&B Bayview Dr, Tower, MN 55790

    Quaint resort on Lake Vermilion with cabins and RV sites.

    • Lakeside resort property on Lake Vermilion, a popular destination.
    • Three rental cabins (Fireside, Northern Lights, and Lakeview) feature lake views and decks.
    • Ranch‑style main living quarters overlooks the lake.
    • Four rental RV sites provide additional income.
    • Large garage/repair shop for maintenance and storage.
    Last Update: Nov 14
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 Active listings in Tower, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building in Downtown Ely
    $390,000
    8,078 SF

    Mixed-Use Building in Downtown Ely

    Two-story building with restaurant and four apartments in Ely.
    216 E Sheridan St, Ely, MN 55731
    View details
    Ely Commercial Property with Income
    $285,000
    3,768 SF

    Ely Commercial Property with Income

    Commercial building with high traffic and dual rental income.
    120 E Sheridan St, Ely, MN 55731
    View details
    Mixed-Use Building with Income Potential
    $87,500
    3,536 SF

    Mixed-Use Building with Income Potential

    Commercial building with storefront, warehouse, and two apartments.
    409 Grant Ave, Eveleth, MN 55734
    View details
    Eveleth Commercial Property with Apartments
    $299,500
    0.15 Acres

    Eveleth Commercial Property with Apartments

    Commercial property with catering, restaurant, bar, banquet facilities, and apartments.
    223 Grant Ave, Eveleth, MN 55734
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Tower RV Resort Lot Share
    $49,900
    0.05 Acres

    Tower RV Resort Lot Share

    Co-op share with boat slip near Lake Vermillion.
    6 Lk Ave Ave S, Tower, MN 55790
    View details
    Tower RV Resort Lot
    $49,900
    0.05 Acres

    Tower RV Resort Lot

    RV resort lot with boat slip near Lake Vermillion.
    5 Lk Ave Ave S, Tower, MN 55790
    View details
    Tower RV Resort Lot
    $59,900
    0.05 Acres

    Tower RV Resort Lot

    RV lot with boat slip near Lake Vermillion.
    24 Lk Ave Ave S, Tower, MN 55790
    View details

    Tower, MN Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Tower, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,749,000.

    Prices for multifamily properties in Tower, MN start at $349,000, averaging $874,500, and reaching up to $1,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Browse Multifamily properties for Sale Near Tower, MN

    Popular Searches in Tower, MN

    Most Searched ZIP Codes in Tower, MN

    • 55790

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