Listing details for 1208 Walnut St, Cary, NC 27511 : 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
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Listing Updated : 04-17-2026 at 8:10 AM EDT
Property Details
Overview
Status
Active
MLS #ID
10146867
Price
$950,000
Bedrooms
5
Bathrooms
5
Square Footage
3,657
Acres
1.2
Year
1964
Days on Site
72
Property Type
Residential Income
Property Sub Type
Triplex
Price per Sq Ft
$260
Date Listed
Feb 16, 2026
Community Information for 1208 Walnut St, Cary, NC 27511
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