50 & 52 Smith RD, Leicester, NC 28748
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50 & 52 Smith RD, Leicester, NC 28748
50 & 52 Smith RD, Leicester, NC 28748
50 & 52 Smith RD, Leicester, NC 28748
50 & 52 Smith RD, Leicester, NC 28748
Pete Anderson
Pete Anderson

Managing Broker | Real Estate Advisor License ID: 302757

+1(828) 747-9916

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$ 1,370,000

$ 1,449,000 5.5%

Est. payment /mo
Sold on 08/27/2026

50 & 52 Smith RD Leicester, NC 28748

16 Beds

16 Baths

7,732 SqFt

UPDATED:

Key Details

Sold Price $1,370,000

Property Type Multi-Family

Sub Type Eightplex

Listing Status Sold

Purchase Type For Sale

Square Footage 7,732 sqft

Price per Sqft $177

MLS Listing ID 4357331

Sold Date 08/27/26

Style Other

Bedrooms 16

Full Baths 16

Construction Status Completed

Abv Grd Liv Area 7,732

Year Built 2004

Lot Size 1.900 Acres

Acres 1.9

Property Sub-Type Eightplex

Property Description

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. This tranquil setting is unique, makes the apartments more desirable, and drives interest. 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.

Location

State NC

County Buncombe

Zoning OU

Interior

Heating Electric, Heat Pump

Cooling Heat Pump

Flooring Vinyl

Appliance Dishwasher, Electric Range, Refrigerator, Washer/Dryer

Laundry In Unit

Exterior

Utilities Available Cable Connected, Electricity Connected

View Mountain(s)

Roof Type Composition

Street Surface Asphalt,Paved

Porch Deck

Garage false

Building

Lot Description Green Area

Foundation Crawl Space

Sewer Septic Installed

Water Well

Architectural Style Other

Structure Type Vinyl

New Construction false

Construction Status Completed

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Pets Allowed Yes

Senior Community false

Special Listing Condition Subject to Lease

© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Tonya Oxford • Asheville Realty Group • [email protected]
Bought with Alex Blair • Howard Hanna Allen Tate Blair Properties

NEARBY SCHOOLS & PROPERTIES

Pete Anderson

Pete Anderson

Managing Broker | Real Estate Advisor License ID: 302757

+1(828) 747-9916

GET MORE INFORMATION

Name
Phone*
Message

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50 & 52 Smith RD