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    Tower, MN
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    Tower, MN Multifamily Properties for Sale

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    RV Resort Co-op Lot with Boat Slip
    Updated: Jul 7
    RV Resort Co-op Lot with Boat Slip

    TBD 30 Lake Ave S, Tower, MN 55790

    $59,900
    0.05 AC lot
    Lakefront lot with access to Pike Bay and the City of Tower, MN
    Includes a boat slip in‑channel with access to Lake Vermillion
    Sale includes 1 share in the co‑op for Lot #30 in Tower R.V. Resort
    City sewer and city water on‑site
    50‑amp electrical hookup included
    View details
    RV Resort Cooperative Lot with Boat Slip
    Updated: May 22
    RV Resort Cooperative Lot with Boat Slip

    TBD 24 Lake Ave S, Tower, MN 55790

    $49,900
    0.05 AC lot
    Undivided cooperative interest associated with Lot 24
    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
    Lake waterfront setting on Lake Vermillion
    On‑site city sewer and water
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    RV Resort Co-Op Lot
    RV Resort Co-Op Lot

    TBD 6 Lake Ave S, Tower, MN 55790

    $49,900
    0.05 AC lot

    Co-op lot at Tower RV Resort includes city sewer, city water, and a 50-amp electrical hookup.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Tower, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    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
    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    127 1st St S, Virginia, MN 55792

    $150,000
    7,300 sqft

    Combined commercial and residential space supports business operations alongside on-site apartment living.

    View details
    Seven-Bedroom Duplex
    Seven-Bedroom Duplex

    824 13th St. N, Virginia, MN 55792

    $71,900
    1,496 sqft

    Residential income property with R zoning and a required three-property sale structure.

    View details
    Mixed-Use Building in Downtown Ely
    Mixed-Use Building in Downtown Ely

    216 E Sheridan St, Ely, MN

    Contact for pricing
    8,078 sqft 0.14 AC lot

    Two-story building with restaurant and four apartments in Ely.

    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.

    Residential Land in Lakes Country
    Residential Land in Lakes Country

    30371 Old Sunset Drive, Laporte, MN 56461

    $109,900
    10.00 AC lot

    10 acres near lakes with well, septic, and electric.

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    Aitkin Lots & Land
    Aitkin Lots & Land

    L 3&4 B3 London Town, Aitkin, MN 56431

    Contact for pricing
    0.14 AC lot

    Double lot in Sherwood Forest with shared amenities.

    View details
    Commercial Development Land Parcel
    Commercial Development Land Parcel

    101 Morris Avenue, Hinckley, MN 55037

    $799,000
    9.20 AC lot

    Approximately 9.2-acre commercial land parcel near highway access in Hinckley, Minnesota.

    View details
    Land for Multi-Family Housing
    Land for Multi-Family Housing

    1610 7th Avenue E, Alexandria, MN 56308

    $249,900
    2.16 AC lot

    2.16 acre lot zoned for multi-family housing development.

    View details

    Tower, MN Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Tower, MN, showcased through 3 active listings on our real estate platform.

    Sale prices for multifamily properties in Tower, MN start at $49,900, averaging $53,233, and reaching up to $59,900 — 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 3

    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 $53.2K

    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 pricing trends across core commercial property types in St. Louis County

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