INNOVATE Real Estate
Portfolio at 117 Tomato Town Road, Leicester
Portfolio at 117 Tomato Town Road, Leicester, photo 2 of 6
Portfolio at 117 Tomato Town Road, Leicester, photo 3 of 6
Portfolio at 117 Tomato Town Road, Leicester, photo 4 of 6
Portfolio at 117 Tomato Town Road, Leicester, photo 5 of 6
Portfolio at 117 Tomato Town Road, Leicester, photo 6 of 6
6 photos

$950,000

117 Tomato Town Road
Leicester, NC 28748
Listed by Devin Hutchinson · Southern Roots Real Estate
Bedrooms
9
Bathrooms
6.5
Living area
3,822 sqft
Year built
2016

About this home

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.

Property details

MLS
Canopy MLS
MLS #
CAR4317111
Property type
Portfolio
Subdivision
N/A
Status
Active
Days on market
134
On market date
October 31, 2025
Stories
N/A
Total bathrooms
6.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A

Location

Get directions →
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Leicester Elementary
2.84 mi away · Grades 0-4
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
379
Student:teacher ratio
12.2:1
District
Buncombe County Schools
Middle
Eblen Intermediate
6.84 mi away · Grades 5-6
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
593
Student:teacher ratio
14.1:1
District
Buncombe County Schools
High
Early College
11.11 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
278
Student:teacher ratio
25.3:1
District
Buncombe County Schools

Walkability

Blended score for Leicester's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

14
Very car-dependent
out of 100
EPA National Walkability Index
4.7 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Leicester, from live MLS data.

On the market 134 days -- 1 fewer days than Leicester's current average of 135 days.
For reference, the median list price across 118 active listings in Leicester right now is $469,500.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$5,871/mo
$190,000 down
$760,000 loan
Principal & interest$4,929
Property tax (est.)$792
Home insurance (est.)$150

Similar homes you might like

7746 Alexander Road A-D, Wilmington, NC 28411
$799,000
7746 Alexander Road A-D, Wilmington, NC 28411
Wilmington, 28411
8 bd
12 days on market
Listed by Stacy L Bloodworth, Bloodworth Realty & Co.
418 Campbell Street, Wilmington, NC 28401
$849,000
418 Campbell Street, Wilmington, NC 28401
Wilmington, 28401
5 bd
32 days on market
Listed by English Seward Real Estate Group, Berkshire Hathaway HomeServices Carolina Premier Properties
310 N 5th Avenue, Wilmington, NC 28401
$848,900
310 N 5th Avenue, Wilmington, NC 28401
Wilmington, 28401
6 bd
17 days on market
Listed by Jennifer Bullock Team, RE/MAX Executive
201 Birch Lane
New
$789,000
201 Birch Lane
Arden, 28704
9 bd·7.5 ba·4,036 sqft
1 day on market
Listed by Leslie Young, Premier Sotheby’s International Realty
17 Randolph Avenue
$899,900
17 Randolph Avenue
Flat Rock, 28731
8 bd·4 ba·3,750 sqft
3 days on market
Listed by Mitch Miller, Premier Sotheby’s International Realty
444 S Broad Street
$800,000
444 S Broad Street
Brevard, 28712
4 bd·2.5 ba·2,219 sqft
5 days on market
Listed by Sophia Reid, Petit Properties Inc
205 Barefoot Lane, Atlantic Beach, NC 28512
$940,000
205 Barefoot Lane, Atlantic Beach, NC 28512
Atlantic Beach, 28512
5 bd
384 days on market
Listed by Candice Tirado, Coldwell Banker Sea Coast Adv EI
3922 N Church Street, Greensboro NC 27455
$998,000
3922 N Church Street, Greensboro NC 27455
Greensboro, 27455
0 sqft
6 days on market
Listed by Natasha Hanhan

Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated March 14, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.