Be Home Realty
1401 Aversboro Rd #101
Garner, NC 27529
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
Details
| MLS # | 10146867 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1964 |
| Days On Site | 192 |
| Listing Provided By | Better Homes & Gardens Real Es | Brandi Taylor |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 3,657 |
| Car Port | Yes |
| Story(s) | 2 |
| Zoning | OIP |
| Acreage | 1.20 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air, Window Unit(s) |
Exterior
| Roof | Shingle |
|---|---|
| Foundation Details | Slab |
| Construction Materials | Brick |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Attached Carport |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Assessed Value | 566908 |
|---|---|
| Tax Legal Description | Logreenwd By Deed For |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | Wake |
| City | Cary |
| Zip Code | 27511 |
| Area | Wake |
| Community Name | Not in a Subdivision |
| School District | Wake - Cary High |
| Elementary School | Wake - Briarcliff Elementary |
| High School | Wake - Cary High |
| Listing VS Median (in Not in a Subdivision) | |
Price: $950,000 low | high Med: $399,000 sqft: 3,657 low | high Med: 2,328 $ / sqft: $260 low | high Med: $171 On site: 192 low | high Med: 156.5 | |
Market Activity 27511
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Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.
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Learn More About This Property
| State | NC |
|---|---|
| County | Wake |
| City | Cary |
| Zip Code | 27511 |
| Area | Wake |
| Community Name | Not in a Subdivision |
| School District | Wake - Cary High |
| Elementary School | Wake - Briarcliff Elementary |
| High School | Wake - Cary High |
| Listing VS Median (in Not in a Subdivision) | |
Price: $950,000 low | high Med: $399,000 sqft: 3,657 low | high Med: 2,328 $ / sqft: $260 low | high Med: $171 On site: 192 low | high Med: 156.5 | |
Nearby Listings (Within 1/10 mile)
Price: $712K - $1.187M
sqft: 2,500 - 4,500
 | $950,0001208 Walnut StreetCary, NC 27511 |
Listing Updated: August 22, 2026 at 7:43:24 AM PDT
© 2026 Be Home Realty - (919) 307-9808. Equal housing opportunity. An equal opportunity company.
© Copyright 2026, Back At You
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© 2026 Be Home Realty - (919) 307-9808. Equal housing opportunity. An equal opportunity company.
Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.
Listing Information Last Updated August 27, 2026 at 3:11:57 AM PDT