50 & 52 Smith Rd Leicester, NC 28748
Leicester AreaEstimated payment $8,315/month
Highlights
- 1.9 Acre Lot
- Deck
- Living Room
- Mountain View
- No HOA
- Laundry Room
About This Home
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.
Listing Agent
Asheville Realty Group Brokerage Email: INFO@AshevilleRealtyGroup.com License #A6453 Listed on: 04/06/2026
Co-Listing Agent
Asheville Realty Group Brokerage Email: INFO@AshevilleRealtyGroup.com License #180885
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2004
Lot Details
- 1.9 Acre Lot
- Front Green Space
- Additional Parcels
Parking
- Parking Lot
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 7,732 Sq Ft Home
- Property has 2 Levels
- Living Room
- Vinyl Flooring
- Mountain Views
- Crawl Space
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 16 Bedrooms
- 16 Full Bathrooms
Laundry
- Laundry Room
- Washer and Dryer
Outdoor Features
- Deck
- Shed
Utilities
- Heat Pump System
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- The owner pays for exterior maintenance, management, sewer, trash collection, water
- Assessor Parcel Number 9619-36-1865
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,387 | $90,265 | $15,520 | $74,745 |
| 2024 | $4,387 | $83,850 | $14,417 | $69,433 |
| 2023 | $4,155 | $75,985 | $11,844 | $64,141 |
| 2022 | $3,837 | $68,548 | $10,685 | $57,863 |
| 2021 | $3,631 | $63,347 | $9,874 | $53,473 |
| 2020 | $3,501 | $60,159 | $9,377 | $50,782 |
| 2019 | $3,657 | $60,159 | $9,377 | $50,782 |
| 2018 | $3,873 | $59,713 | $8,931 | $50,782 |
| 2017 | $3,773 | $58,143 | $8,696 | $49,447 |
| 2016 | $3,707 | $57,002 | $8,525 | $48,477 |
| 2015 | $3,817 | $55,128 | $8,245 | $46,883 |
| 2014 | $3,817 | $55,128 | $8,245 | $46,883 |
| 2013 | $3,817 | $55,522 | $8,304 | $47,218 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/14/2026 05/14/26 | Price Changed | $1,449,000 | -3.4% | $187 / Sq Ft |
| 04/06/2026 04/06/26 | For Sale | $1,500,000 | -- | $194 / Sq Ft |
Source: Canopy MLS
MLS Number: 4357331
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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. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID
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