227 E Park St
Cary, NC 27511
- Studio
- 4,868 sqft (on 0.36 acres)
Studio
4,868 sqft
(on 0.36 acres)
Local Information
-- mins to
Description
Best Investment Opportunity! Own the largest 3-Plex (1356 heated sft /unit) with the lowest vacancy (0% last 24+ months) Gross Rents 11.4% of List Price. Don't pass on this fantastic investment opportunity in Cary Downtown. Ask about higher density w/rezoning.
227 E Park St, Cary, NC 27511 is a studio, 4,868 sqft multi-family built in 1981. It last sold for $210,000 on Aug 31, 2012. It is currently off market. The Trulia Estimate is $737,400, with a rent estimate of $1,478/month.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 227 E Park St
|
|---|
Interior Details BasementNumber of Rooms: 16 |
Heating & Cooling Heating: Forced AirAir ConditioningHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
|
|---|
Year Built Year Built: 1981Year Updated: 1981 |
Property Type / Style Property Type: Multi FamilyArchitecture: Conventional |
|
|---|
Exterior Home Features Exterior: Wood |
|
|---|
Units in Building: 3 |
|
|---|
Lot Area: 0.36 acres |
Price History for 227 E Park St
| Date | Price | Event | Source |
|---|---|---|---|
| 08/31/2012 | $210,000 | Sold | Doorify MLS #1845678 |
| 07/29/2012 | $212,000 | PriceChange | Agent Provided |
| 07/16/2012 | $213,200 | PriceChange | Agent Provided |
| 09/27/2011 | $212,000 | Listed For Sale | Agent Provided |
| 07/02/2011 | $224,900 | ListingRemoved | Agent Provided |
| 06/12/2011 | $224,900 | Listed For Sale | Agent Provided |
| 04/02/2009 | $250,000 | Sold | N/A |
| 06/30/2004 | $251,000 | Sold | N/A |
Market trends in Cary
Last updated June 2026
Avg. sale price
$600K
$28.33KMoM
Sale-to-List Price
99.7%
0.4%MoM
Price per sq ft
$260
$3MoM
Available listings
601
33MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $5,319 |
| Assessment | $613,634 |
Home facts updated by county records
Comparable Sales for 227 E Park St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.27 | Multi-Family Home | $1,616,500 | 08/12/25 | 3 | 3 | 2,040 | |
0.29 | Multi-Family Home | $1,616,500 | 08/12/25 | 6 | 2,140 | ||
0.55 | Multi-Family Home | $385,000 | 11/21/25 | 2 | 2 | 1,400 | |
0.52 | Multi-Family Home | $615,000 | 06/22/26 | 2 | 2.5 | 2,456 | |
0.70 | Multi-Family Home | $585,000 | 05/22/26 | 4 | 3 | 2,850 | |
0.32 | Multi-Family Home | $2,239,000 | 08/12/25 | 3 | 1,960 | ||
0.78 | Multi-Family Home | $580,000 | 07/14/26 | 4 | 2 | 1,952 | |
0.87 | Multi-Family Home | $483,120 | 05/01/26 | 4 | 5 | 2,150 | |
0.68 | Multi-Family Home | $700,000 | 02/18/26 | 2 | 1.5 | 978 | |
1.24 | Multi-Family Home | $507,500 | 08/22/25 | 4 | 3 | 2,186 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 227 E Park St.
What Locals Say about Cary
At least 1154 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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections