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314 2nd St

Tower, MN 55790

8 bd 4 ba 2,050 sqft Built 1930 Lot 7,000 sqft multi_family
Most recent sale
$149,900
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Sold $149,900 MLS #6189758
May 5, 2022 Listed $149,500 MLS #6102626
Apr 4, 2018 Sold $60,000 MLS #2313264
Jul 16, 2016 Sold $60,000 MLS #4649108
Jul 8, 2016 Sold $60,000 MLS #127915
Dec 10, 2015 Listing removed $68,900 Arrowhead
Sep 28, 2015 Listed $68,900 MLS #127915
Mar 26, 2015 Listing removed $71,000 RangeMLS
Dec 10, 2013 Relisted $71,000 MLS #118750
Oct 1, 2013 Listing removed $71,000 RangeMLS
Apr 1, 2013 Relisted $71,000 MLS #118750
Feb 6, 2013 Listing removed $71,000 RangeMLS
Jan 7, 2013 Relisted $71,000 MLS #118750
Jan 6, 2013 Listing removed $71,000 RangeMLS
Mar 12, 2012 Listed $71,000 MLS #118750

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $90,300 $6,000 $96,300 $2,136
2023 $67,500 $5,400 $72,900 $1,818
2022 $58,800 $4,700 $63,500 $1,696
2021 $58,800 $4,700 $63,500 $1,708
2020 $58,800 $4,700 $63,500 $1,680
2019 $58,500 $4,700 $63,200 $1,508
2018 $54,700 $4,500 $59,200 $1,532
2017 $54,700 $4,500 $59,200 $1,538
2016 $54,700 $4,500 $59,200 $1,512
2015 $54,700 $4,500 $59,200 $1,512
2014 $54,500 $4,500 $59,000 $1,466
2013 $54,500 $4,500 $59,000 $1,459
2012 $54,500 $4,500 $59,000 $1,389
2011 $47,600 $4,500 $52,100 $1,071
2010 $47,600 $4,700 $52,300 $1,058
2009 $47,600 $4,700 $52,300 $976
2008 $47,600 $4,700 $52,300 $913
2007 $40,100 $4,000 $44,100 $902

Property facts

Year built
1930
Property type
multi_family
Stories
2
Beds
8
Baths
4
Living area
2,050 sqft
Lot size
7,000 sqft
ZIP code
55790
City
Tower
Street
2nd St
Coordinates
47.80614, -92.27207

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$899
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 314 2nd St last sell?
314 2nd St most recently sold on Jun 28, 2022 for $149,900.
What is the current tax assessment for 314 2nd St?
The most recent total assessment for 314 2nd St (year 2025) is $96,300 with $2,136 in property tax.
How does 314 2nd St's assessment compare to its last sale price?
The current assessment is 35.8% below the last sale price of $149,900.
When was 314 2nd St built?
314 2nd St was built in 1930.
How does 314 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 314 2nd St?
314 2nd St is a 8 bed, 4 bath, 2,050 sqft, 7,000 sqft lot multi_family.
Is 314 2nd St a flip candidate?
No — 314 2nd St does not appear in our flips dataset.
Is 314 2nd St a tax-appeal candidate?
No — 314 2nd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.8%
Implied 1-yr
+23.1%
2026 Q2
$545.7K
2026 Q3
$568.6K
ZIP 55790 — Median Price History + Forecast

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