1208 Walnut St, Cary, NC 27511
Property image
Property image
PENDING
1.2 ACRES

$950,000

  • 5 Beds
  • 5 Baths
  • 3,657 sqft (on 1.20 acres)

1208 Walnut St, Cary, NC 27511

Est. Mortgage $5,522/mo*
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Home Highlights

Multi-Family
Built in 1964
1.2 acre lot
$260/sqft
1 Carport Spaces

Local Information

  • Map ViewExplore the area around 1208 Walnut St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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
Last check for updates: about 18 hours ago
Listing courtesy of Brandi Taylor, (919) 606-4552
Better Homes & Gardens Real Es
Paul Gambella, (919) 614-5577
Better Homes & Gardens Real Es
Source: Doorify MLS, MLS#10146867
Also Listed on Doorify MLS.

Home Details for 1208 Walnut St

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 5Number of Bathrooms (full): 5
Dimensions and Layout
Living Area: 3657 Square Feet
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central Air,Window Unit(s)Has HeatingHeating Fuel: Electric
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate, Tile, Wood
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Carpet, Laminate, Tile, Wood
View
No View

Exterior Features

Exterior Home Features
Roof: ShingleFoundation: Slab
Parking & Garage
Number of Carport Spaces: 1Number of Covered Spaces: 1Has a CarportParking Spaces: 1Parking: Attached Carport
Frontage
Responsible for Road Maintenance: Public Maintained Road
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 3657 Square Feet

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1964
Property Type / Style
Property Type: Residential IncomeProperty Subtype: TriplexStructure Type: Multi FamilyArchitecture: Multi Family
Building
Building: Total Area HeatedConstruction Materials: BrickNot a New Construction
Property Information
Parcel Number: 077313140706000 0041900

Price & Status

Price
List Price: $950,000Price Per Sqft: $260
Status Change & Dates
Off Market Date: Wed May 06 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Pending

Location

Direction & Address
City: Cary
School Information
Elementary School: Wake - Briarcliff ElementaryJr High / Middle School: Wake - East Cary MiddleHigh School: Wake - Cary High

Agent Information

Listing Agent
Listing ID: 10146867

Building

Building Area
Building Area: 3657 Square Feet

HOA

No HOA

Lot Information

Lot Area: 1.2 Acres

Listing Info

Special Conditions: Seller Not Owner of Record

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Rental Terms, Policies & Fees

Owner Pays: None

Miscellaneous

Mls Number: 10146867Above Grade Unfinished Area: 3657

Additional Information

Source Internet Entire Listing Display

Around this home

What Locals Say about Cary

At least 1155 Trulia users voted on each feature.

  • 93 % Say it's dog friendly

  • 87 % Say car is needed

  • 84 % Say parking is easy

  • 79 % Say there are sidewalks

  • 77 % Say people would walk alone at night

  • 76 % Say it's quiet

  • 76 % Say there's holiday spirit

  • 73 % Say kids play outside

  • 72 % Say streets are well-lit

  • 64 % Say yards are well-kept

  • 58 % Say it's walkable to grocery stores

  • 55 % Say neighbors are friendly

  • 52 % Say it's walkable to restaurants

  • 51 % Say they plan to stay for at least 5 years

  • 49 % Say there's wildlife

  • 39 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Vnc75brhfd
    "Everything is 15-20 minutes away"
    0
    Flag
  • Glope005
    "Lochmere Highlands is a clean, safe and well-established neighborhood perfect for families of all ages."
    0
    Flag
  • Trulia User
    "I’ve lived here for 7 months it’s quiet and convenient to I-40 , I-540 RDU,Raleigh, Durham friendly people "
    0
    Flag
  • Trulia User
    "My commute to offices, schools, hospitals, doctors, grocery stores, dentists, restaurants is very convenient from this community. Walking distance to all these except the hospital. A good trail for outdoor walk. "
    0
    Flag
  • Bob Smith
    "Traffic is light and the commute to downtown Raleigh is fairly easy and accessible. In Cary, there are numerous things to do and downtown Cary is a must see. "
    1
    Flag
  • Emmett Lichtenberger
    "It’s a great place for anyone to live in really, from families to singles. There’s something for everyone."
    0
    Flag
  • Unspecified
    "Cary Night Market. One Friday every month from March thru December Except in July. I simply love Cary and its vibe."
    0
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  • renee raiteri
    "There is access to public transportation, its a quiet peaceful area FILLED with great public parks, & lakes & miles and miles of trails! "
    0
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  • Clarkrichard.abrahams
    "Zoned for top rated public schools! Community has a pool, playground, a beautiful 2.5 acre pond that just had extensive renovations. Location is near several markets, drug stores, and dental/medical facilities, with a full hospital planned for completion in 4 years. Very diverse area with many families with children."
    0
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  • E.C.
    "Town of Cary events (especially youth and adult sports) help bring the community together through recreational sports and activities. All of the facilities and programming are top-notch."
    0
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  • Hayriye Aydin
    "Very friendly and welcoming for new comers. You feel safe and comfortable in your home. And neighbors are so nice and supportive "
    0
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  • Randy Arias
    "It is a lovely town and you feel secure living here. People are kind and nice. Everything is near and you can find a lot of stores"
    0
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  • Trulia User
    "Lot of dogs being walked around this community, everyone is friendly as well. Feel pretty safe around here as well. "
    0
    Flag
  • Sharon S
    "You’ll see people walking their dogs, and there are pickup stations throughout the neighborhood. All the neighbors use leashes and are friendly."
    0
    Flag
  • Clarkrichard.abrahams
    "There are many families with babies and toddlers. We are zoned for great public schools. We have a pool and playground. People are friendly!"
    0
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  • Momma
    "decent schools but still have the die amd GSR issues to be solved. good sports. good music and arts in area.,great parks. guess that is why it called the Containment Area for Relocated Yankees!"
    0
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  • Jennifer Blankenship
    "What is important is that Panthers Creek School has been capped for 4 years now which means your kids have to be bused off to school further away."
    0
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  • Jennifer Blankenship
    "My Husband was promoted to a different position with the bonus of having to move our entire family household. We have 1 Dog, 2 Cats, 5 Adult Children with the ages being between 29 years old to our youngest being 21 years old with our first Grandchild.The Neighborhood has a large range of houses for everyone budget."
    0
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  • Trulia User
    "The neighborhood is nice not a lot of stuff happens here and plus the state fair Is like 15 min from here"
    0
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  • Jennifer Blankenship
    "It is a nice neighborhood but the local schools for the actual neighborhood has been capped for 4 years. In order for your kids to go too a school they are bused out at least 10-15 minutes away."
    0
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  • Sophiembl63
    "My commute is very quick and easy access to everything. Traffic is light…Close to everything- 15-20 minutes from Apex/Raleigh/Durham. Love living here!"
    0
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  • Cream1
    "Cary is a safe town. "
    0
    Flag
  • Sarahbousquet
    "Very dog friendly town. We can walk to Bond Park and we always see people walking dogs every day in our neighborhood and into Bond. It’s cute to see so many dogs playing around the lake, running around the big field, trotting through walking trails. "
    0
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  • Pastorbobv
    "Beautiful, mature, trees and very well kept homes. Homes feel like they are in the forest. There are a lot of flowering shrubs throughout. "
    0
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  • Clarkrichard.abrahams
    "Neighborhood is a mile or less from 4 supermarkets, two pharmacies, and shopping center. Doctors and health clinics are less than 2 miles away."
    0
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  • MikeG
    "There are occasional events in the neighborhood, but the Town of Cary puts on a lot of events at the local lakes and parks."
    0
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  • Nytpdvcpvv
    "Bond lake events, Downtown Cary, Neighborhood food trucks, swim meets, neighborhood get togethers, events at Cary schools."
    1
    Flag
  • Gemimah Kerner
    "I live here for 23 years and I love it, is very close to everything, it is safe and beautiful. I riese my daughter here. This town cares about citizzens"
    2
    Flag
  • Crystelle Douglas
    "Not all areas have sidewalks or streets large enough to feel safe on the side of the road. Would be nice."
    0
    Flag
  • Direct.to
    "Location and approach to everything, shopping, pharmacy, doctors office, RTP and the airport. Close to everything and yet quite "
    0
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  • Sara E. A.
    "I love Cary, if feels like home, overall it is super safe and neighbors are super friendly and respectful, streets are clean and the greenways makes it even more fun and enjoyable to live here."
    19
    Flag
  • Rachael R.
    "Lots of dogs! . People walk them on the greenway. Owners are usually very friendly. I will really miss this neighborhood when I move. "
    0
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  • Chelsea H.
    "I have lived in Cary for 11 years and really appreciate how beautiful and well maintained it is. It is a great place to live, go for walks, and enjoy parks."
    0
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  • Brandonlpoteat
    "They would love everything about it. It’s very dog friendly. Lots of places to walk and dog waste areas. "
    0
    Flag
  • Clarkrichard.abrahams
    "Varies throughout the year - plenty of opportunities to get to know your neighbors. Also neighborhood spring yard sale annually, ice cream social at pool house in summer, fall neighborhood band and food truck (free tickets) at clubhouse,winter holiday weekend lunch event."
    6
    Flag
  • Christie W.
    "Not a ton of sidewalks but the streets are pretty low traffic. Lots of dogs so if your dog doesn’t like other dogs I would walk at least frequently traveled times. "
    0
    Flag
  • Anna J.
    "people walk their did all the time. perfect area for nice long dog walks. sidewalks. okkkkuuuurrrrrrrrrrrr"
    0
    Flag
  • Erin B. T.
    "Neighborhood parties every month. We also have impromptu get together when walking the dogs. Annual Christmas party, etc. "
    1
    Flag
  • Politicsasusual
    "Community Fairs for all ages , trick or trick is a big community event for kids as well as adults. The community really lights up during Halloween . And it’s always safe nothing gets out of hand which embodies the community spirit "
    1
    Flag
  • Paul V.
    "Arts and crafts festivals like spring daze in bond park and lazy daze in downtown Cary. Chinese lantern festival at koko booth theater. "
    0
    Flag

Market trends in Cary

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$623K
$22.5KMoM
Sale-to-List Price
99.8%
0.2%MoM
Price per sq ft
$265
$6MoM
Available listings
575
27MoM

Home Value

Trulia Estimate
$881K
Since last month
Decreased$4K (-0.5%)
Since last year
Increased$118K (+15.4%)
Since last sale
Increased$442K (+100.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +161% in the last 10 years
MonthEstimated value
2026
August 2026$882K
August 2026$881K
July 2026$886K
June 2026$886K
May 2026$887K
April 2026$887K
March 2026$898K
February 2026$924K
January 2026$722K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
125 Karen Ct #127, Cary, NC
0.84
Multi-Family Home
$515,000
12/03/25
2
5
2,546
105 Crosswaite Way, Cary, NC
1.33
Multi-Family Home
$687,000
12/03/25
4
2.5
3,298
128 Rainbow Ct, Cary, NC
1.44
Multi-Family Home
$617,500
08/21/26
5
3
2,624
6128 Spice Ridge Ln, Raleigh, NC
1.65
Multi-Family Home
$600,000
08/15/26
8
8
3,458
725 Branniff Dr, Cary, NC
1.99
Multi-Family Home
$458,025
08/06/26
6
5
2,150
109 Rainbow Ct #109-111, Cary, NC
1.51
Multi-Family Home
$615,000
06/22/26
5
2.5
2,456
729 Branniff Dr, Cary, NC
1.98
Multi-Family Home
$483,120
05/01/26
4
5
2,150
616-618 Branniff Dr, Cary, NC
1.99
Multi-Family Home
$585,000
05/22/26
4
3
2,850
105-107 Chevis Dr, Cary, NC
2.03
Multi-Family Home
$505,000
07/23/26
4
5
2,140

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
707 Collington Dr, Cary, NC 27511
0.09
$334,400
3
2
1,528
Off Market
1121 Collington Dr, Cary, NC 27511
0.11
$340,900
2
1.5
1,455
Off Market
706 Collington Dr, Cary, NC 27511
0.11
$302,900
4
3.5
2,384
Off Market
1107 Collington Dr, Cary, NC 27511
0.14
$275,000
2
1.5
1,194
For Sale
1216 Walnut St, Cary, NC 27511
0.10
$550,000
-
-
-
Recently Sold
1118 Collington Dr, Cary, NC 27511
0.14
$322,300
3
2.5
1,408
Off Market
1120 Collington Dr, Cary, NC 27511
0.14
$284,100
2
2
1,254
Off Market
1207 Collington Dr, Cary, NC 27511
0.12
$318,200
2
2
1,486
Off Market
1112 Collington Dr, Cary, NC 27511
0.15
$329,700
2
2
1,225
Off Market
1200 Collington Dr, Cary, NC 27511
0.14
$334,300
3
2.5
1,623
Off Market
1202 Collington Dr, Cary, NC 27511
0.15
$339,000
3
2.5
1,464
For Sale
1215 Collington Dr, Cary, NC 27511
0.14
$338,000
3
2.5
1,559
Off Market

Price and Tax history

DateEventPrice
May 6, 2026
Source: Doorify MLS #10146867
Pending
$950,000
Feb 16, 2026
Source: Doorify MLS #10146867
Listed For Sale
$950,000
Aug 23, 2024
Source: Doorify MLS #2533688
ListingRemoved
May 7, 2024
Source: Doorify MLS #2533688
ListingRemoved
$950,000
Sep 22, 2023
Source: Doorify MLS #2533688
Listed For Sale
$950,000

LGBTQ Local Legal Protections

Brandi Taylor, Better Homes & Gardens Real Es
Agent Phone: (919) 606-4552
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.

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Frequently asked questions about 1208 Walnut St

  • What is the estimated monthly payment for 1208 Walnut St?
    Based on a $950,000 list price with 20% down at today's rates, the estimated monthly payment for 1208 Walnut St in Cary, NC is approximately $5,603 (about $4,990 principal & interest, $538 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 1208 Walnut St compare to homes in Cary?
    1208 Walnut St in Cary, NC is listed at $950,000, about 52% above the $623K median sale price in Cary.
  • What do residents say about Cary?
    Residents describe Cary, NC as dog-friendly, easy to park in, and pedestrian-friendly. See homes for sale in Cary, NC.
  • What are the closest schools to 1208 Walnut St?
    The closest schools to 1208 Walnut St in Cary, NC are Briarcliff Elementary (Pre-K, rated 7/10), Cary High (rated 7/10), East Cary Middle School (rated 8/10).
  • Does 1208 Walnut St have air conditioning?
    Yes, 1208 Walnut St in Cary, NC has air conditioning.
  • Does 1208 Walnut St have parking?
    Yes, 1208 Walnut St in Cary, NC has on-site parking.
1208 Walnut St, Cary, NC 27511 is a 5 bedroom, 5 bathroom, 3,657 sqft multi-family built in 1964. This property is currently available for sale and was listed by Doorify MLS on Feb 16, 2026. The MLS # for this home is MLS# 10146867.