This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/38
$1,500,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/38
Property Description
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.
Full Property Details
Full Property Details for 50 & 52 Smith Rd
General
- Price: $1,500,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4357331
- Updated: 4/6/2026
- Added to Site: 5 day(s) ago
Interior
- Appliances: Dishwasher, Electric Range, Refrigerator, Washer/Dryer
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 16
- Full Bathrooms: 16
Bedrooms
- Total Bedrooms: 16
Other Rooms
- Laundry: In Unit
Parking
- Parking Features: Parking Lot, Parking Space(s)
Location
- County: Buncombe
Community
- Pets Allowed: Yes
- Pets: Yes
Heating & Cooling
- Cooling Type: Heat Pump
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Septic Installed
- Water: Well
- Utility Description: Cable Connected, Electricity Connected
Structural Information
- Architectural Style: Other
- Construction Status: Completed
- Construction: Off Frame Modular
- Exterior Const.: Vinyl
- Roof: Composition
- Square Feet: 7,732
- Year Built: 2004
Lot Features
- Street/Road Desc.: Asphalt, Paved
- Lot Features: Green Area
- Rcmdd Zoning: OU
Financial Considerations
- Tenant Pays: All except water
Disclosures and Reports
- Special Conditions: Subject to Lease
- Property ID: 9619-36-1865
- Plat: 93-73
- Lot Number: 6482-1649
Listed by Asheville Realty Group
Get Pre-Approved Today
Schools
Schools serving 50 & 52 Smith Rd
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
Clyde A Erwin High 60 Lees Creek Road, Asheville, NC 28806 | 9-12 | 1.8 mi |
West Buncombe Elementary 175 Erwin Hills Road, Asheville, NC 28806 | K-4 | 2.1 mi |
Clyde A Erwin Middle School 20 Erwin Hills Road, Asheville, NC 28806 | 7-8 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 50 & 52 Smith Rd
Date
Details
Price
Change
Source
4/06/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 50 & 52 Smith Rd
50 & 52 Smith Road, Leicester, NC 28748 (MLS# 4357331) is a Single Family property with 16 bedrooms and 16 full bathrooms. 50 & 52 Smith Road is currently listed for $1,500,000 and was received on April 06, 2026. Want to learn more about 50 & 52 Smith Road? Do you have questions about finding other Single Family real estate for sale in Leicester? You can browse all Leicester real estate or contact a Coldwell Banker agent to request more information.
