50 & 52 Smith Road, Leicester, NC 28748

Leicester
Local realty services provided by:ERA Sunburst Realty
Listed by: tonya oxford, adam oxford
Office: asheville realty group
MLS#:4357331
Source:CH
50 & 52 Smith Road,Leicester, NC 28748
$1,500,000
  • 16 Beds
  • 16 Baths
  • 7,732 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$194

About this home

Excellent Investment Opportunity! This 8-unit property is 2 quads on adjacent lots, qualifying for conventional lending opportunities. It is just outside of city limits (no city taxes!) but within 20 minutes to the center of Asheville. The buildings share a paved driveway and parking lot, a private 60gpm well, and each has its own septic system (no municipal water/storm drain bill!). All units are 2bd/2ba and have their own washer & dryer. Tenants enjoy nice mountain views from the peaceful back decks, and the big backyard has lots of trees around the perimeter. Units rent for $1600-1650. This easy property is perfect for new investors just venturing into multi-unit ownership, and is also great for seasoned investors looking to grow their portfolio.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2004
  • Listing ID #:4357331
  • Updated:April 12, 2026 at 01:19 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:16
  • Full bathrooms:16
  • Flooring:Vinyl
  • Kitchen Description:Dishwasher, Electric Range, Refrigerator
  • Living area:7,732 sq. ft.

Heating and cooling

  • Cooling:Heat Pump
  • Heating:Heat Pump

Structure and exterior

  • Roof:Composition
  • Year built:2004
  • Building area:7,732 sq. ft.
  • Lot area:1.9 Acres
  • Lot Features:Green Area
  • Construction Materials:Vinyl
  • Foundation Description:Crawl Space

Schools

  • High school:Unspecified
  • Elementary school:Unspecified

Utilities

  • Water:Well
  • Sewer:Septic (At Site)

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$194

Parking

  • Parking description:Parking Lot
MLS LogoListings courtesy of Canopy MLS as distributed by MLS GRID. Copyright 2021 Canopy MLS. All rights reserved. Canopy MLS, provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Canopy MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Canopy MLS.

New listings near 50 & 52 Smith Road