Description of 50 - 52 Smith Rd, Leicester, NC 28748
Listing details for 50 - 52 Smith Rd, Leicester, NC 28748 : 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.
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Listing Updated : 04-06-2026 at 11:31 AM EDT
Listing Provided By : Tonya Oxford, 828-252-1910, Asheville Realty Group
Source :
canopymls as distributed by MLS GRID, MLS#: CAR4357331
Property Details
Overview
Status
Active
MLS #ID
CAR4357331
Price
$1,500,000
Bedrooms
16
Bathrooms
Square Footage
7,732
Acres
1.9
Year
2004
Days on Site
1
Property Type
Residential Income
Property Sub Type
Eightplex
Price per Sq Ft
$194
Date Listed
Apr 6, 2026
Community Information for 50 - 52 Smith Rd, Leicester, NC 28748
Based on information submitted to the MLS GRID as of 2026-04-06 at 3:01 p.m. EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information