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    Tower, MN Multifamily Properties for Sale

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    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.
    Updated: Nov 14, 2025
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    Updated Fourplex in Tower, MN
    $349,000
    4,467 SF

    Updated Fourplex in Tower, MN

    605 Main St, Tower, MN 55790

    Fully leased fourplex with updated units and expansion potential.

    • Fully leased 4‑plex providing immediate cash flow.
    • Excellent investment opportunity with potential to live in one unit and rent the others (FHA loan possible).
    • Updated units with newer windows, paint, flooring, and upgraded PEX plumbing.
    • Includes an additional vacant lot for future expansion or development.
    • Newer boiler system for efficient heating.
    Updated: Jan 7
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Tower, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    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
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    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
    Virginia Duplex with Bonus Space
    $89,900
    1,781 SF

    Virginia Duplex with Bonus Space

    Duplex in Virginia, MN, featuring a bonus third floor.

    208 5Th St S, Virginia, MN 55792
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    Virginia, MN Duplex Opportunity
    Contact for pricing
    2,012 SF

    Virginia, MN Duplex Opportunity

    Duplex in Virginia, MN, ready for renovation and updates.

    119 8Th St, Virginia, MN 55792
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    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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