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    Cary, NC Triplexes for Sale

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    Brick Triplex on One-Point-Two-Acre Lot
    Updated: Feb 16
    Brick Triplex on One-Point-Two-Acre Lot

    1208 Walnut Street, Cary, NC 27511

    $950,000
    3,657 sqft 1.20 AC lot
    Brick triplex on a 1.2‑acre lot at 1208 Walnut Street, Cary
    Commercial zoning: OIP
    Built in 1964 with shingle roof
    3,657 SF with five bedrooms and five bathrooms
    Electric heating with central air plus window unit(s) cooling
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    Commercially Zoned Triplex
    Updated: Feb 16
    Commercially Zoned Triplex

    1208 Walnut Street, Cary, NC 27511

    $950,000
    3,657 sqft 1.20 AC lot
    3,657‑square‑foot triplex on a 1.2‑acre parcel
    Commercial zoning may support redevelopment planning; buyer to verify permitted uses
    Brick construction with 1964 completion date
    Access to I‑40 and US‑1/64
    Near Research Triangle Park and Fenton
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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
    Brick Triplex

    502 Mcknight Drive, Knightdale, NC 27545

    $1,300,000
    3,650 sqft

    Three-unit multifamily property with brick construction, natural-gas heating, and NMX zoning in Knightdale.

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    Historic Queen Anne Triplex
    Historic Queen Anne Triplex

    612 Polk Street, Raleigh, NC 27604

    $765,000

    Two-story historic residence with a wraparound porch, bay window, and detached rear outbuilding.

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    Income-Generating Triplex with Pharmacy Tenant
    Income-Generating Triplex with Pharmacy Tenant

    502 McKnight Drive, Knightdale, NC 27545

    $1,300,000

    Triplex with three units, including a pharmacy tenant under a 5-year lease.

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    Three-Unit Residential Property
    Three-Unit Residential Property

    725 W Morgan Street, Raleigh, NC 27603

    $1,150,000

    The property is configured with three residential units and rear gravel parking.

    View details

    Cary, NC Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Cary, NC on our real estate platform. These investment opportunities span a total of 7,314 square feet of properties for sale, with an estimated market value of $1,900,000.

    Sale prices for three-family homes in Cary, NC average $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 2

    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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