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About This Home
This 5-bedroom, 5-bathroom residential multi family at 1208 Walnut Street in Cary, NC is listed for $950,000 ($260 per sqft). Built in 1964, the home offers 3,657 sqft of living space on a 1.20 acres lot.
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
Key Features
- Built in 1964
- 1.20 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$5,081/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1208 Walnut Street
Cary, NC 27511
Not in a Subdivision
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 5-bedroom, 5-bathroom residential multi family at 1208 Walnut Street is listed at $950,000 ($260/sqft). The estimated monthly payment is $4,117 based on 20% down at 6.5% interest.
Key features include: Built in 1964, 1.20 acre lot, 2 stories.
This property is listed by Brandi Taylor and can be reached at 9196064552 or btaylor@paraclerealty.com.


























