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$185,000
New Listing

140 Old Leicester Road
Asheville, NC 28804

For Sale|Single Family Residence|Active
5
Beds
3
Total Baths
3
Full Baths
1,529
SqFt
$121
/SqFt
1920
Built
Subdivision:
None
County:
Buncombe

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140 Old Leicester Road140 Old Leicester Road140 Old Leicester Road140 Old Leicester Road
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Income-Generating Potential Near Asheville! This property offers a rare opportunity for investors with two separate dwellings: a 1940s bungalow and a single-wide mobile home, both ripe for renovation and poised to generate excellent rental income. Situated on a picturesque 1.88-acre parcel graced by a beautiful creek, this serene setting is conveniently located just 5.6 miles (12 minutes) from downtown Asheville and close to Weaverville and Leicester. The bungalow provides a good-sized bedroom, living room, dining room, kitchen, and one full bath. The mobile home features a living room, an eat-in kitchen, two bedrooms, one full bath, and a charming screened front porch. Don't miss out on this chance to secure a valuable investment in a prime location with dual rental possibilities!

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Listing Snapshot
Price 
$185,000
Days On Site 
0 Days
Bedrooms 
5
Inside Area (SqFt) 
1,529 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
1.88 Acres
Year Built 
1920
MLS® Number 
4345168
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 hours agoListing first seen on site
11 hours agoListing updated with changes from the MLS®
General Features
Levels 
One
Parking 
Driveway
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
SqFt Above 
1529
SqFt Total 
2194
Water Source 
Well
Zoning 
CWO-R10
Interior Features
Appliances 
Electric RangeRefrigeratorWasher/Dryer
Basement 
Crawl Space
Fireplace 
Yes
Fireplace Features 
Living RoomWood Burning Stove
Flooring 
CarpetVinylWood
Heating 
Wood StoveFloor Furnace
Laundry Features 
In Hall
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Exterior Features
Lot Features 
LevelRolling Slope
Other Structures 
Outbuilding
Roof 
CompositionMetal
Community Features
Financing Terms Available 
Cash
Roads 
GravelPaved
Schools
School District
Unknown
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Listing courtesy of Unique: A Real Estate Collective [email protected]


Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {last_incremented_at}. 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. Properties displayed may be listed or sold by various participants in the MLS. ©2026 Canopy MLS.

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Last checked - 2026-02-13 08:33 AM UTC

Neighborhood & Commute
Source: Walkscore
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