Exceptional Investment opportunity in rural Leicester area, just minutes from downtown Asheville. This three-property 100% leased single-family portfolio offers solid rental income potential, stable appreciation, and rare flexibility. All homes have their own PIN number, private wells for each house, and private septic systems for each house. No showings without proof of funds as to not disturb tenants. Agent is related to seller.
Active
$950,000
117 Tomato Town Rd, Leicester, NC 28748
9beds
3,822sqft
Multi Family
Built in 2016
-- sqft lot
$904,100 Zestimate®
$249/sqft
$-- HOA
What's special
- 291 days |
- 99 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Devin Hutchinson devin@southernrootsrealestate.net,
Southern Roots Real Estate
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4317111
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Heating
- Electric, Heat Pump
Cooling
- Electric
Appliances
- Included: Electric Range, Microwave, Refrigerator
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Has basement: No
Interior area
- Total structure area: 3,822
- Total interior livable area: 3,822 sqft
- Finished area above ground: 3,822
- Finished area below ground: 0
Property
Parking
- Parking features: Shared Driveway, Other - See Remarks
- Has uncovered spaces: Yes
Lot
- Size: 1.47 Acres
Details
- Additional parcels included: 8780846482 8780846593
- Parcel number: 8780848318
- Zoning: OU
- Special conditions: Subject to Lease
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 2016
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
Community & HOA
Location
- Region: Leicester
Financial & listing details
- Price per square foot: $249/sqft
- Tax assessed value: $522,800
- Annual tax amount: $1,192
- Date on market: 10/31/2025
- Cumulative days on market: 243 days
- Listing terms: Cash,Conventional
- Tenant pays: All Utilities
- Road surface type: Gravel
Estimated market value
$904,100
$859,000 - $949,000
$2,178/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/10/2026 | Price change | $950,000-5%$249/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4317111 Report a problem | ||
| 12/26/2025 | Price change | $1,000,000-4.8%$262/sqft |
Source: Canopy MLS as distributed by MLS GRID #4317111 Report a problem | ||
| 10/31/2025 | Listed for sale | $1,050,000$275/sqft |
Source: Canopy MLS as distributed by MLS GRID #4317111 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,192 -65% | $173,500 -66.3% |
| 2024 | $3,401 +3.4% | $515,600 |
| 2023 | $3,291 +1.6% | $515,600 |
| 2022 | $3,240 +44.1% | $515,600 +44.1% |
| 2021 | $2,248 +8.7% | $357,800 +15.8% |
| 2020 | $2,067 +90.4% | $309,000 +90.4% |
| 2019 | $1,086 | $162,300 |
| 2018 | $1,086 | $162,300 |
| 2017 | -- | -- |
| 2016 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28748
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 5/10Leicester ElementaryGrades: PK-4Distance: 2.8 mi
- 6/10Clyde A Erwin Middle SchoolGrades: 7-8Distance: 6.2 mi
- 2/10Clyde A Erwin HighGrades: PK,9-12Distance: 6.5 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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