1208 Walnut St, Cary, NC 27511

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

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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

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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 .