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$950,000
1 Day On Site

1208 Walnut Street
Cary, NC 27511

For Sale|Multi Family|Active
0
Beds
0
Total Baths
3,657
SqFt
$260
/SqFt
1964
Built
Subdivision:
Not in a Subdivision
County:
Wake
1208 Walnut Street1208 Walnut Street1208 Walnut Street1208 Walnut Street
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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 residential income MLS#10146867

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Listing Snapshot
Price 
$950,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
3,657 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.2 Acres
Year Built 
1964
MLS® Number 
10146800
Status 
Active
Property Tax 
$4,918.97
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
22 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
1.2
Number Of Stories 
2
Property Sub Type 
Multi Family
SqFt Total 
3657
Interior Features
Cooling 
Heating 
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Exterior Features
Construction Details 
Brick
Community Features
Financing Terms Available 
CashConventional
Listing courtesy of Brandi Taylor of Better Homes & Gardens Real Es



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2026-02-17 09:36 PM UTC

Neighborhood & Commute
Source: Walkscore
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