1208 Walnut Street · Cary, NC 27511

Cary, NC 27511
SoldTriplexCary TownshipWake County
$802,500
$260 / sq ftListed Feb 16, 2026

5
Bedrooms

5
Bathrooms

3,657
Square feet

1.2
Acres

1964
Year built

1208 Walnut StreetSold
$802,500 · 5 bd · 5 ba · 3,657 sf

Highlights

  • Commercial Zoning
  • Redevelopment Opportunity
  • 1.2-Acre Lot
  • Income-Producing Triplex
  • Near Research Triangle Park

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 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

Location

Cary Township · Wake County · Cary, NC

Property history

  1. SoldSource: IDX Doorify MLS #10146867$802,500
  2. Pending saleSource: IDX Doorify MLS #10146867$950,000
  3. Listed for saleSource: IDX Doorify MLS #10146867$950,000

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.

Nearby listings

Near 1208 Walnut Street · Cary, NC 27511

Status

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  • All
  • Active (7)
  • Pending (4)
Living area

Living Area

Price

Price

Date range

Date Range
Listings Nearby to Listing

1208 Walnut Street
Not in a Subdivision · This home
$802,500
3,657
$219
5
1964
1.2
Sold
Sep 26, 2026

Showing 6 of 11 nearby listings

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Cameron Saemann
Cameron Saemann
Broker in Charge

Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database.

Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.