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    Tower, MN Residential Income 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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    Mixed-Use Property in Tower, MN
    $176,000
    1,512 SF

    Mixed-Use Property in Tower, MN

    507 Main St, Tower, MN 55790

    Commercial property with residential living quarters in downtown Tower.

    • Prime downtown location with high traffic flow and excellent visibility.
    • Commercial property with residential living quarters (3 BR, 1 bath, kitchenette).
    • Spacious, customizable open floor plan suitable for various business types.
    • Bonus 2‑stall garage.
    • Close proximity to Lake Vermilion and outdoor attractions.
    Updated: Sep 29, 2025
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    Updated Fourplex in Tower, MN
    $349,000
    4,467 SF

    Updated Fourplex in Tower, MN

    Fully leased fourplex with updated units and expansion potential.

    605 Main St, Tower, MN 55790
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 3 Active listings in Tower, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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
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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
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    Mixed-Use Building with Garage
    $79,900
    6,000 SF

    Mixed-Use Building with Garage

    Storefront, garage, and apartment offer diverse income potential.

    428 Chestnut St, Virginia, MN 55792
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    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
    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.

    Lake Vermilion Peninsula Land Parcel
    $124,900
    2.63 Acres

    Lake Vermilion Peninsula Land Parcel

    Private boat access lot on Lake Vermilion's Pine Island.

    5829 Pine Is N, Tower, MN 55790
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    Land Near Lake Vermilion
    $46,900
    4.60 Acres

    Land Near Lake Vermilion

    4.6 acre lot near Lake Vermilion, perfect for recreation.

    13 Tbd Hwy 115, Tower, MN 55790
    View details

    Tower, MN Residential Income Properties Investment Opportunities Market Analysis

    Explore 3 residential income properties for sale in Tower, MN, showcased through 3 active listings 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 $1,925,000.

    Prices for residential income properties in Tower, MN start at $176,000, averaging $641,666, 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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    Most Searched ZIP Codes in Tower, MN

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