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Listed by Better Homes & Gardens Real Es
$ 802,500
$ 950,000 15.5%
Est. payment | /mo
3,657 SqFt
$ 802,500
$ 950,000 15.5%
Est. payment | /mo
3,657 SqFt
Key Details
Sold Price $802,500
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,657 sqft
Price per Sqft $219
Subdivision Not In A Subdivision
MLS Listing ID 10146800
Sold Date 09/10/26
HOA Y/N No
Year Built 1964
Annual Tax Amount $4,918
Lot Size 1.200 Acres
Acres 1.2
Lot Dimensions 130x370x136x361
Property Sub-Type Multi Family
Source Doorify MLS
Land Area 3657
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
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
Community Not In A Subdivision
Area 1.2
Interior
Fireplace No
Exterior
Garage No
Building
New Construction No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Schools and Properties Nearby
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