1208 Walnut Street, Cary, NC 27511
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
1208 Walnut Street,Cary, NC 27511
$950,000
- 5 Beds
- 5 Baths
- 3,657 sq. ft.
- Multi-family
- Active
Listed by:
- Brandi Taylor(919) 606 - 4552Better Homes and Gardens Real Estate Paracle
- Paul Gambella(919) 614 - 5577Better Homes and Gardens Real Estate Paracle
MLS#:10146867
Source:RD
Price summary
- Price:$950,000
- Price per sq. ft.:$259.78
About this home
Are you searching for a Cary multi-family investment property, a commercially zoned income property, or a redevelopment opportunity in Wake County? 1208 Walnut Street delivers location, flexibility, and strong growth potential. A rare income-producing triplex in Cary, NC, offering commercial zoning and exceptional redevelopment potential on a 1.2-acre lot. Located in the heart of Cary, this multi-family property presents a prime opportunity for investors, developers, and entrepreneurs seeking strong rental demand and long-term appreciation in one of the Triangle's fastest-growing markets.
The property's commercial zoning adds value and versatility, enabling potential mixed-use, office, or redevelopment opportunities (buyer to verify permitted uses). With 1.2 acres in a strategic Cary location, this property offers rare scalability and future upside.
Conveniently located near Research Triangle Park, with quick access to I-40 and US-1/64, the property provides easy commuting to Raleigh, Durham, Holly Springs, and Apex. It is also just minutes from Fenton, a premier destination for shopping, dining, and entertainment.
Also listed as commercial improved MLS# 10146800
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Home facts
- Year built:1964
- Listing ID #:10146867
- Added:878 day(s) ago
- Updated:February 17, 2026 at 03:01 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:5
- Living area:3,657 sq. ft.
Heating and cooling
- Cooling:Central Air, Window Unit(s)
- Heating:Electric
Structure and exterior
- Roof:Shingle
- Year built:1964
- Building area:3,657 sq. ft.
- Lot area:1.2 Acres
Schools
- High school:Wake - Cary
- Middle school:Wake - East Cary
- Elementary school:Wake - Briarcliff
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$950,000
- Price per sq. ft.:$259.78
- Tax amount:$4,918
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