Add to your portfolio with this cash-flowing triplex in the heart of Cary. 2units leased and boasting at-market rents. See documents for long list of upgrades and cash-flow info. Leases are available on request. Each unit includes dual primary bedroom/bath on second floor with kitchen, living room, dining room and half bath below. Granite countertops in unit 8839 only. Private patio with storage room on each unit. Parking for 8 cars affords 2 spaces per unit, plus 2 visitor spaces. Walking distance to downtown Cary shopping and restaurants for your tenants' convenience. House hack by living in one unit and renting the other two. Don't miss out on this rare opportunity to own 3 units in the heart of Cary!
Rare Cary Triplex in a central location! 2 units are tenant occupied on a month to month lease. 3rd unit is vacant and available for showings. Roof is 4 years old. HVACs are over 6 years old and get serviced twice a year. Each unit has a storage shed and a patio. There is an owner's shed on the property also. Off street parking. This triplex has an amazing rental history, don't miss out on this rare opportunity. Tesla Charger and video cameras and smart door locks belong to the tenant (8835) and will be removed if/when tenant vacates the property. Agent related to seller.
Public Records
Jan 17, 1995
Sold
$137,500
$39/sq ft
Public Records
May 22, 1990
Sold
$144,000
$41/sq ft
Public Records
Jul 31, 1987
Sold
$28,000
$8/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,243 (+2.2%)
$252,000 + $355,332
$607,332
2024
$5,131 (+42.3%)
$252,000 + $352,757
$604,757
2023
$3,605 (+3.8%)
$252,000 + $352,757
$604,757
2022
$3,472 (+2.0%)
$98,000 + $255,804
$353,804
2021
$3,403 (−0.5%)
$98,000 + $255,804
$353,804
2020
$3,421 (+19.7%)
$98,000 + $255,804
$353,804
2019
$2,858 (+6.5%)
$98,000 + $255,804
$353,804
2018
$2,684 (+4.0%)
$70,000 + $191,278
$261,278
2017
$2,581 (+1.5%)
$70,000 + $191,278
$261,278
2016
$2,543 (−6.1%)
$70,000 + $191,278
$261,278
2015
$2,707 (+5.9%)
$70,000 + $191,278
$261,278
2014
$2,555 (+4.8%)
$84,000 + $184,923
$268,923
2013
$2,437 (+2.3%)
$84,000 + $184,923
$268,923
2012
$2,384
$84,000 + $184,923
$268,923
2011
$2,384
$84,000 + $184,923
$268,923
Tax history for 8835 Chapel Hill Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,243 (+2.2%)
$252,000 + $355,332
$607,332
2024
$5,131 (+42.3%)
$252,000 + $352,757
$604,757
2023
$3,605 (+3.8%)
$252,000 + $352,757
$604,757
2022
$3,472 (+2.0%)
$98,000 + $255,804
$353,804
2021
$3,403 (−0.5%)
$98,000 + $255,804
$353,804
2020
$3,421 (+19.7%)
$98,000 + $255,804
$353,804
2019
$2,858 (+6.5%)
$98,000 + $255,804
$353,804
2018
$2,684 (+4.0%)
$70,000 + $191,278
$261,278
2017
$2,581 (+1.5%)
$70,000 + $191,278
$261,278
2016
$2,543 (−6.1%)
$70,000 + $191,278
$261,278
2015
$2,707 (+5.9%)
$70,000 + $191,278
$261,278
2014
$2,555 (+4.8%)
$84,000 + $184,923
$268,923
2013
$2,437 (+2.3%)
$84,000 + $184,923
$268,923
2012
$2,384
$84,000 + $184,923
$268,923
2011
$2,384
$84,000 + $184,923
$268,923
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
3.5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.32 Acres
Year renovated
1988
Sq. Ft.
3,520
Year built
1988
Style
Multi-Family (2-4 Unit)
County
Wake County
APN
0764.13 23 2804 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
TR
Transitional Residential District
The TR district is established as a district in which the principal use of land is for a variety of residential uses, and is appropriate in areas where the Comprehensive Plan supports medium or high density residential use, with the exception of multi-family structures. This district is appropriate for infill developments smaller than 10 acres in established neighborhoods, for denser residential neighborhoods, and for areas identified as supporting medium-density residential uses in Cary’s Comprehensive Plan. The regulations of this district are intended to allow innovation in the arrangement of buildings within such developments. The minimum lot size for detached dwellings is 5,000 sq ft, and the maximum density allowed is 6 units per acre.
Permitted uses
Include but are not limited to:
Garden center
Housing-Single unit
Housing-Multiple units
Fire house
Police station
Recreation
Communications tower
Park & open space
May 9, 2026 • Final
Electric water heater change out residential
Work on a plumbing and electrical water heater.
Electrical
Plumbing
Water heater
Apr 1, 2025 • Final
Electric water heater change out residential
Electrical
Plumbing
Water heater
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Open Parking: Yes
Open Parking Spaces: 8
Parking Features: Off Street, Paved
Interior
Bathroom Information
Bathrooms Full: 6
Bathrooms Half: 3
Bedroom Information
Bedrooms Total: 6
Interior Features
Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan
Laundry Features: In Bathroom
Interior Features: Entrance Foyer, Second Primary Bedroom, Shower Only, Whirlpool Tub
Fireplace: Yes
Fireplace Features: Living Room
Fireplaces Total: 1
Flooring: Carpet, Luxury Vinyl, Tile
Multi-Family Financial Information
Number Of Units Total: 3
Owner Pays: Grounds Care, HVAC Maintenance, Insurance, Management, Pest Control, Repairs, Roof Maintenance, Taxes