52 Smith Rd

7,732 Sq. Ft.
$194 / Sq. Ft.
7,732
Sq. Ft.
$194
per Sq. Ft.

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...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.
  1. Listed by Tonya Oxford • Asheville Realty Group
    P: (828)-242-1233 C: (828)-242-1233 tonya@ashevillerealtygroup.com
  2. Listed by Adam Oxford • Asheville Realty Group
    P: (828)-242-1852 C: (828)-242-1852 adamoxford@ashevillerealtygroup.com

Property Details for 52 Smith Road

Architectural Style
Other
View
Mountain(s)
Parking Features
Parking Lot, Parking Space(s)
Subdivision Name
None
LISTING UPDATED: 04/06/2026 11:26 AM

Property Details for 52 Smith Road

StatusActive
MLS #4357331
Days on MarketListed Today
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Eightplex
Year Built2004
Lot Size1.90 AC / 82,764 SF
CountyBuncombe County

Location

Listing Courtesy of Asheville Realty Group
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Building Information for 52 Smith Road

Stories-Residences-Year Built2004Building Size-Lot Size1.90 AC / 82,764 SF

Payment Calculator

$7,786 per month

30 year fixed, 6.46% Interest

Principal and Interest

$7,553

Property Taxes

$233

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 52 Smith Road

Summary
Location and General Information
  • Longitude: -82.657215
  • Zoning: OU
  • Latitude: 35.609655
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $1,083,400.00
  • Parcel Number: 9619-36-1865
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 7732.0
  • Below Grade Finished Area: 0.0
  • Lot Features: Green Area
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: High
  • New Construction YN: No
  • Photos Count: 38
  • Road Responsibility: Private Maintained Road
  • Development Status: Completed
  • Construction Type: Off Frame Modular
  • Assumable: No
  • Additional Parcels Description: 9619-36-1753
  • Senior Community YN: No
  • Plat Book Slide: 93-73
  • Plat Reference Section Pages: 93-73
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Septic Installed
  • Utilities: Cable Connected, Electricity Connected
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl
  • Patio And Porch Features: Deck
  • Pool Private YN: No
  • Road Surface Type: Asphalt, Paved
  • Roof: Composition
  • Other Structures: Shed(s)
Interior Features
  • Appliances: Dishwasher, Electric Range, Refrigerator, Washer/Dryer
  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Laundry Features: In Unit
  • Flooring: Vinyl
  • Foundation Details: Crawl Space
  • Basement YN: No
  • Stories: 2
Multi Family
Multi-Family Information
  • Unit Type: 2 Bedroom
  • Unit Room Type: Living Room, Bathroom(s), Primary Bedroom, Bedroom(s), Kitchen
  • Number Of Units Total: 8
Rental
Rent Information
  • Tenant Pays: All except water
  • Pets Allowed: Yes

Property History for 52 Smith Road

DateEvent & SourcePriceAppreciation
Apr 6, 2026

Listed (Active)

CANOPY #4357331

$1,500,000—
Oct 18, 2024

Closed (Public Record)

Public Record #1544142741

$600,000—
Oct 24, 2018

Withdrawn

CANOPY #3329825

—
Dec 1, 2017

Closed

CANOPY #3329825

$830,000—
Dec 1, 2017

Withdrawn

CANOPY #3329825

$890,000—
Oct 17, 2017

Listed (Active)

CANOPY #3329825

$890,000—
Feb 1, 2016

Withdrawn

CANOPY #587181

$820,000—
Jun 16, 2015

Listed (Active)

CANOPY #587181

$840,000—
Jun 13, 2015

Withdrawn

CANOPY #576773

$840,000—
May 25, 2015

Withdrawn

CANOPY #576745

$425,000—
Jan 26, 2015

Listed (Active)

CANOPY #576745

$425,000—
Jan 24, 2015

Listed (Active)

CANOPY #576773

$840,000—
Jun 9, 2005

Closed

CANOPY #323144

$365,000—
Mar 16, 2005

Under Contract-No Show

CANOPY #323144

—
Mar 3, 2005

Listed (Active)

CANOPY #323144

$385,000—
DateEvent & SourcePrice
04/06/2026

Listed (Active)

CANOPY #4357331

$1,500,000
10/18/2024

Closed (Public Record)

Public Record #1544142741

$600,000
10/24/2018

Withdrawn

CANOPY #3329825

—
12/01/2017

Closed

CANOPY #3329825

$830,000
12/01/2017

Withdrawn

CANOPY #3329825

$890,000
10/17/2017

Listed (Active)

CANOPY #3329825

$890,000
02/01/2016

Withdrawn

CANOPY #587181

$820,000
06/16/2015

Listed (Active)

CANOPY #587181

$840,000
06/13/2015

Withdrawn

CANOPY #576773

$840,000
05/25/2015

Withdrawn

CANOPY #576745

$425,000
01/26/2015

Listed (Active)

CANOPY #576745

$425,000
01/24/2015

Listed (Active)

CANOPY #576773

$840,000
06/09/2005

Closed

CANOPY #323144

$365,000
03/16/2005

Under Contract-No Show

CANOPY #323144

—
03/03/2005

Listed (Active)

CANOPY #323144

$385,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 52 Smith Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,795 ($233 / month)
Home Facts
Total Finished SqFt4,768 SqFtAbove Grade Finished SqFt4,768 SqFtStories2Lot Size42,253 SqFtStyleMulti-Family Res (5+ Units)Year Built2004ZoningDEED DATE: 20CountyBUNCOMBEAPN9619-36-1753-00000

Schools near 52 Smith Road

This home is within Buncombe County Schools.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
West Buncombe Elementary
PublicK to 4

Eblen Intermediate School
Public5 to 6

Clyde A Erwin Middle School
Public7 to 8

Clyde A Erwin High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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52 Smith Road is a multi-family home for sale in Leicester, NC 28748. This property was listed for sale on April 6, 2026 by Asheville Realty Group, it's currently listed at $1,500,000. It has been on the market for a total of 0 days and was last sold on October 18, 2024. This listing's school district is Buncombe County Schools. Nearby schools include West Buncombe Elementary, Eblen Intermediate School and Clyde A Erwin Middle School. 52 Smith Road is a 16-bed, 16-bath, 7,732 sqft multi-family home built in 2004.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Asheville Realty Group

Based on information submitted to the MLS GRID as of 04/06/2026 11:26 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.