Active

Price cut: $50K (1/10)

$950,000

117 Tomato Town Rd, Leicester, NC 28748

9beds

3,822sqft

Est.:

Multi Family

Built in 2016

-- sqft lot

$922,000 Zestimate^®

$249/sqft

$-- HOA

What's special

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.

146 days

329

8

Tour with a local agent

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: 146 days
Listing terms: Cash,Conventional
Tenant pays: All Utilities
Road surface type: Gravel

Estimated market value

$922,000

$876,000 - $968,000

$2,282/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	--	--