117 Tomato Town Rd

3,822 Sq. Ft.
$249 / Sq. Ft.
3,822
Sq. Ft.
$249
per Sq. Ft.

Description

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.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.
  1. Listed by Devin Hutchinson • Southern Roots Real Estate • devin@southernrootsrealestate.net

Property Details for 117 Tomato Town Road

Parking Features
Shared Driveway, Other - See Remarks
LISTING UPDATED: 01/09/2026 11:52 PM

Property Details for 117 Tomato Town Road

StatusActive
MLS #4317111
Days on Market82
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Portfolio
Year Built2016
Lot Size1.47 AC / 63,902 SF
CountyBuncombe County

Location

Listing Courtesy of Southern Roots Real Estate
Add your commute

Building Information for 117 Tomato Town Road

Stories-Residences-Year Built2016Building Size-Lot Size1.47 AC / 63,902 SF

Payment Calculator

$4,729 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,630

Property Taxes

$99

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 117 Tomato Town Road

Summary
Location and General Information
  • Longitude: -82.740427
  • Zoning: OU
  • Latitude: 35.628016
  • Directions: From New Leicester Hwy turn left onto Green Valley rd. In 2.9 miles turn left onto Bridges Cove Estate rd. In 0.2 miles turn right onto Kiowa Creek rd. In 400 ft turn right onto Tomato Town rd.
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $522,800.00
  • Parcel Number: 8780848318
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 3822.0
  • Below Grade Finished Area: 0.0
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: High
  • New Construction YN: No
  • Photos Count: 6
  • Road Responsibility: Private Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Additional Parcels Description: 8780846482 8780846593
  • Senior Community YN: No
  • Plat Book Slide: 0245/0115
Utilities
  • Sewer: Septic Installed
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl
  • Road Surface Type: Gravel
Interior Features
  • Appliances: Electric Range, Microwave, Refrigerator
  • Cooling: Electric
  • Heating: Electric, Heat Pump
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Foundation Details: Crawl Space
  • Basement YN: No
Multi Family
Multi-Family Information
  • Unit Type: 3 Bedroom
  • Number Of Units Total: 3
Rental
Rent Information
  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Property History for 117 Tomato Town Road

DateEvent & SourcePriceAppreciation
Jan 9, 2026

Price Change

CANOPY #4317111

$950,000—
Dec 26, 2025

Price Change

CANOPY #4317111

$1,000,000—
Oct 31, 2025

Price Change

CANOPY #4317111

$950,000—
Oct 31, 2025

Listed (Active)

CANOPY #4317111

$1,050,000—
DateEvent & SourcePrice
01/09/2026

Price Change

CANOPY #4317111

$950,000
12/26/2025

Price Change

CANOPY #4317111

$1,000,000
10/31/2025

Price Change

CANOPY #4317111

$950,000
10/31/2025

Listed (Active)

CANOPY #4317111

$1,050,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 117 Tomato Town Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,192 ($99 / month)
Home Facts
Beds3Baths4Total Finished SqFt1,284 SqFtAbove Grade Finished SqFt1,284 SqFtStories1Lot Size30,056 SqFtStyleSingle Family ResidenceYear Built2016ZoningDEED DATE: 20CountyBUNCOMBEAPN8780-84-8318-00000

Schools near 117 Tomato Town Road

This home is within Buncombe County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Leicester Elementary
PublicPK to 4

Eblen Intermediate School
Public5 to 6

Clyde A Erwin Middle School
Public7 to 8

Clyde A Erwin High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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117 Tomato Town Road is a multi-family home for sale in Leicester, NC 28748. This property was listed for sale on October 31, 2025 by Southern Roots Real Estate, it's currently listed at $950,000. This listing's school district is Buncombe County Schools. Nearby schools include Leicester Elementary, Eblen Intermediate School and Clyde A Erwin Middle School. 117 Tomato Town Road is a 9-bed, 7-bath, 3,822 sqft multi-family home built in 2016.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Southern Roots Real Estate

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/22/2026 12:48 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.