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    Raleigh, NC Apex, NC Morrisville, NC
    Cary Multi-Family Investment Opportunity
    Updated: Feb 16
    Cary Multi-Family Investment Opportunity

    1208 Walnut Street, Cary, NC 27511

    $950,000
    3,657 sqft · 1.20 AC lot
    1.2‑acre lot in a strategic Cary location offering scalability and future upside.
    Income‑producing triplex in Cary, NC.
    Commercial zoning enabling potential mixed‑use, office, or redevelopment opportunities (buyer to verify permitted uses).
    Convenient location near Research Triangle Park with quick access to I‑40 and US‑1/64.
    Proximity to Fenton, a premier destination for shopping, dining, and entertainment.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Cary, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Brick Triplex with Two 3-Bed Units
    Brick Triplex with Two 3-Bed Units

    850 Athens Drive, Raleigh, NC 27606

    $599,000
    2,727 sqft · 0.55 AC lot

    R-6 zoned brick triplex on a 0.55-acre lot with two leased 3-bedroom units and one currently vacant 2-bedroom unit.

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    Historic Victorian Duplex Residence
    Historic Victorian Duplex Residence

    409 Oakwood Avenue, Raleigh, NC 27601

    $795,000
    2,585 sqft · 0.16 AC lot

    Historic two-story side-hall-plan frame property on a 0.16-acre lot, with period exterior details and multi-unit history.

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    Mixed-Use Multifamily Income Property
    Mixed-Use Multifamily Income Property

    1101 Branson Street, Fayetteville, NC 28305

    $347,500

    Historic two-story home plus an included duplex with two fully tenanted 1-bedroom units for immediate rental income.

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    Fayetteville Triplex: Income Opportunity
    Fayetteville Triplex: Income Opportunity

    402, 406, 410 Warren Street, Fayetteville, NC 28312

    $389,000

    Three renovated, tenant-occupied units generating $3450 monthly income.

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    Cary, NC Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Cary, NC on our real estate platform. These investment opportunities span a total of 3,657 square feet of properties for sale, with an estimated market value of $950,000.

    Sale prices for three-family homes in Cary, NC start at $950,000, averaging $950,000, and reaching up to $950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Apartment buildings 2
    Triplexes 1

    Demographics Overview

    Population 168K
    Population Growth (5Y) +4.1%
    Median Household Income $132,803
    College Educated 80.7%

    High-Yield Neighborhoods for Investment

    Identify Cary submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    27511 $950K

    Taxes & Financing

    Tax Rate (average for all types) 0.97%
    Property Tax per SF $7.07 per SF
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wake County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Wake County

    Residential Income

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