Cary, NC 27511,1208 Walnut Street
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Cary, NC 27511,1208 Walnut Street
Cary, NC 27511,1208 Walnut Street
Cary, NC 27511,1208 Walnut Street
Cary, NC 27511,1208 Walnut Street
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Listed by Better Homes & Gardens Real Es
$ 950,000
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1208 Walnut Street Cary, NC 27511

5 Beds

5 Baths

3,657 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,657 sqft

Price per Sqft $259

Subdivision Not In A Subdivision

MLS Listing ID 10146867

Style Multi Family

Bedrooms 5

Full Baths 5

HOA Y/N No

Abv Grd Liv Area 3,657

Year Built 1964

Annual Tax Amount $4,918

Lot Size 1.200 Acres

Acres 1.2

Property Sub-Type Triplex

Source Triangle MLS

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

Location

State NC

County Wake

Zoning OIP

Direction From Raleigh take I-40 W to Cary. Take exit 293 from I-40 W. Use the left lane to turn left onto Walnut St. Triplex will be on the left.

Interior

Heating Electric

Cooling Central Air, Window Unit(s)

Flooring Carpet, Laminate, Tile, Wood

Exterior

View Y/N Yes

Roof Type Shingle

Private Pool No

Building

Building Description Brick, Total Area Heated

Faces From Raleigh take I-40 W to Cary. Take exit 293 from I-40 W. Use the left lane to turn left onto Walnut St. Triplex will be on the left.

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Wake - Briarcliff

Middle Schools Wake - East Cary

High Schools Wake - Cary

Others

Senior Community No

Tax ID 077313140706000 0041900

Special Listing Condition Seller Not Owner of Record


Doorify MLS / Triangle MLS

NEARBY SCHOOLS & PROPERTIES

David Garner

David Garner

+1(704) 239-3792

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1208 Walnut Street