1208 Walnut St, Cary, NC 27511

$802,500
5
BD
5
BA
3,657
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Seller Representative Better Homes & Gardens Real Es

Buyer Representative

Sold Price
$802,500
List Price
$950,000
Closing Date
Sep 10, 2026
Status
CLOSED
MLS#
10146867
Bedrooms
5
Bathrooms
5
Full-baths
5
Living Area
3,657
Lot Size
52,272
Subdivision
Not In A Subdivision
Year Built
1964
Acres
1.20

Property Description

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

Additional Information

Foundation
Slab
Water
Public
Flooring
Carpet, Laminate, Tile, Wood
Roof
Shingle
Heating
Electric

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .