1208 Walnut Street, Cary, NC 27511

Cary
Local realty services provided by:ERA Live Moore
1208 Walnut Street,Cary, NC 27511
$950,000
  • 5 Beds
  • 5 Baths
  • 3,657 sq. ft.
  • Multi-family
  • Active
Listed by: brandi taylor, paul gambella
Office: better homes & gardens real es
MLS#:10146867
Source:RD

Price summary

  • Price:$950,000
  • Price per sq. ft.:$259.78

About this home

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...

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Home facts

  • Year built:1964
  • Listing ID #:10146867
  • Added:911 day(s) ago
  • Updated:February 17, 2026 at 03:01 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:5
  • Flooring:Carpet, Laminate, Tile, Wood
  • Living area:3,657 sq. ft.

Heating and cooling

  • Cooling:Central Air, Window Unit(s)
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1964
  • Building area:3,657 sq. ft.
  • Lot area:1.2 Acres
  • Construction Materials:Brick
  • Foundation Description:Slab
  • Levels:Two

Schools

  • High school:Wake - Cary
  • Middle school:Wake - East Cary
  • Elementary school:Wake - Briarcliff

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$259.78
  • Tax amount:$4,918

Parking

  • Parking description:Attached Carport
  • Carport spaces:1
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