Date
Details
Price
Change
Source
2/16/2026
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
$950,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
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 commercial improved MLS# 10146800
Full Property Details
Full Property Details for 1208 Walnut St
General
- Price: $950,000
- Taxes: $4,918
- Status: Active
- Type: Triplex
- Source: 2218
- MLS ID: 10146867
- Updated: 2/16/2026
- Added to Site: 3 day(s) ago
Interior
- Flooring: Carpet, Laminate, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 5
Parking
- Carports: Yes
- Carport Spaces: 1
- Parking Features: Attached Carport
Location
- County: Wake
- Subdivision: Not in a Subdivision
- Driving Directions: From Raleigh take I-40 W to Cary. Take exit 293 from I-40 W. Use the left lane to turn left onto Walnut St. Triplex will be on the left.
- City Limits: Yes
School Information
- Elementary School: Wake - Briarcliff
- Middle School: Wake - East Cary
- High School: Wake - Cary
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Window Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Structure Type: Multi Family
- Exterior Const.: Brick
- Roof: Shingle
- Stories/Levels: 0
- Building Size: 3657
- Square Feet: 3,657
- Finished Above Grnd: 3,657 Sq. Ft.
- Year Built: 1964
- Other Struct. Feat.: Total Area Heated
Lot Features
- Lot Size (Acres): 1.2
- Lot Size (Sq. Ft.): 52,272
- Lot Dimensions: 130 x 370 x 136 x 361
- Zoning: OIP
Financial Considerations
- Tax Amount: $4,918.97
Disclosures and Reports
- Special Conditions: Seller Not Owner of Record
- Property ID: 077313140706000 0041900
- Lot Number: GREENWD
Listed by Better Homes & Gardens Real Es, Brandi Taylor (919) 606-4552 and Better Homes & Gardens Real Es, Paul Gambella (919) 614-5577
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 1208 Walnut St —
Brandi Taylor
Better Homes & Gardens Real Es
Paul Gambella
Better Homes & Gardens Real Es
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1208 Walnut St
School District:Wake County Schools
| Name | Grades | Distance |
|---|---|---|
Briarcliff Elementary 1220 Pond Street, Cary, NC 27511 | PK-5 | 1.5 mi |
East Cary Middle School 1111 Southeast Maynard Road, Cary, NC 27511 | 6-8 | 0.9 mi |
Cary High 638 Walnut Street, Cary, NC 27511 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1208 Walnut St
Tax History
Tax History for 1208 Walnut St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,919
2%
$566,908
—
2024
$4,814
35%
$566,908
62%
2023
$3,565
4%
$349,836
—
2022
$3,434
2%
$349,836
—
2021
$3,366
-1%
$349,836
—
2020
$3,383
9%
$349,836
23%
2019
$3,117
6%
$285,540
—
2018
$2,928
4%
$285,540
—
2017
$2,815
1%
$285,540
—
2016
$2,774
-11%
$285,540
-8%
2015
$3,104
6%
$309,146
—
2014
$2,929
5%
$309,146
—
2013
$2,793
—
$309,146
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1208 Walnut St
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 3Total Baths
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1208 Walnut Street, Cary, NC 27511 (MLS# 10146867) is a Triplex property with 5 bedrooms and 5 full bathrooms. 1208 Walnut Street is currently listed for $950,000 and was received on February 16, 2026. Want to learn more about 1208 Walnut Street? Do you have questions about finding other Triplex real estate for sale in Carmichael Court Condominiums? You can browse all Carmichael Court Condominiums real estate or contact a Coldwell Banker agent to request more information.