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    Tower, MN
    Multifamily

    Tower, MN Multifamily Properties for Sale

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    Soudan, MN Cook, MN Embarrass, MN Virginia, MN Babbitt, MN Ely, MN Biwabik, MN Aurora, MN
    Cooperative RV Park Interest
    Updated: May 22
    Cooperative RV Park Interest

    TBD 24 Lake Ave S, Tower, MN 55790

    $49,900
    0.05 AC lot
    1 Share in the cooperative associated with Lot #24 at Tower R.V. Resort
    Lot measures approximately 2000 Sq. Ft.
    Approximate lot dimensions: 35'-40' wide by 50'-60' Long
    Boat slip on the channel with access to the City of Tower and Pike Bay on Lake Vermillion
    City sewer and water on‑site
    View details
    RV Resort Cooperative Lot
    Updated: Feb 7
    RV Resort Cooperative Lot

    TBD 5 Lake Ave S, Tower, MN 55790

    $49,900
    0.05 AC lot
    One cooperative share tied to Lot #5 at Tower R.V. Resort
    Approximately 2,000 Sq./Ft. lot measuring about 35'-40' wide by 50'-60' long
    Boat slip on a channel with access to the City of Tower and Pike Bay
    City sewer and water on‑site
    50‑amp electrical hookup
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    2 active listings match your search: Multifamily for sale in Tower, MN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    Corner-Lot Duplex with Garage
    Corner-Lot Duplex with Garage

    801 N 13th Street, Virginia, MN

    $138,900
    2,304 sqft

    Two-unit property with a fenced backyard, basement laundry, and a heated two-stall garage/shop.

    View details
    Updated Duplex With Separate Laundry
    Updated Duplex With Separate Laundry

    218 N 1st Ave E, Ely, MN 55731

    $198,500
    1,636 sqft

    Two independent residences offer distinct living areas, kitchens, bathrooms, and laundry setups within a well-maintained duplex.

    View details
    Turnkey Restaurant and Apartments
    Turnkey Restaurant and Apartments

    216 E Sheridan St, Ely, MN 55731

    $390,000
    6,800 sqft

    Purchase a fully equipped restaurant space with four apartments above, totaling about 6,800 square feet.

    View details
    Fully Rented Duplex
    Fully Rented Duplex

    824 13th St. N, Virginia, MN 55792

    $71,900
    1,496 sqft

    Seven-bedroom, four-bath configuration with natural gas heat and asphalt-shingle roofing.

    View details

    Tower, MN Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Tower, MN on our real estate platform.

    Sale prices for multifamily properties in Tower, MN average $49,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Mobile home & RV parks 2

    Demographics Overview

    Population 1,933
    Population Growth (5Y) -3.5%
    Median Household Income $74,732
    College Educated 46.0%

    High-Yield Neighborhoods for Investment

    Identify Tower submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55790 $49.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.45%
    Property Tax per SF $30.81 per SF
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Louis County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Residential Income pricing trends in St. Louis County

    Residential Income

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Tower, MN

    • 55790

    Featured Tower Real Estate Agencies

    Realmo connects you with licensed Tower CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Vermilion Land Office Inc
    700 Hwy 169 Tower, MN
    Phone: (218) 753-8985
    www.vermilionland.com
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