1208 Walnut Street, Cary, NC 27511
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1208 Walnut Street, Cary, NC 27511
1208 Walnut Street, Cary, NC 27511
1208 Walnut Street, Cary, NC 27511
1208 Walnut Street, Cary, NC 27511
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Listed by Better Homes & Gardens Real Es
$ 950,000
Est. payment /mo
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Pending

1208 Walnut Street Cary, NC 27511

3,657 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,657 sqft

Price per Sqft $259

Subdivision Not In A Subdivision

MLS Listing ID 10146800

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 Multi Family

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 residential income MLS#10146867

Location

State NC

County Wake

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.

Exterior

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.

Story 2

Level or Stories 2

Structure Type Brick

New Construction No

Others

Senior Community No

Special Listing Condition Seller Not Owner of Record


Doorify MLS / Triangle MLS

NEARBY SCHOOLS & PROPERTIES

Koho Realty

Koho Realty

Firm License | License ID: C30723

+1(919) 322-8090

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1208 Walnut Street