Kendal Hartel

Agent License ID: 304311

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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

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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+1(919) 345-1010

kendalhartel@gmail.com

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1208 Walnut ST Cary, NC 27511