104 Rainbow Court · Cary, NC 27511
Cary, NC 27511 · Rainbow Estates
$622,500
5
Bedrooms
3
Bathrooms
2,300
Square feet
0.37
Acres
1973
Year built
104 Rainbow CourtActive
Highlights
- Fully Tenant-Occupied Duplex
- Downtown Cary Park
- Two Separate Living Spaces
- Minutes From Downtown Cary
About this home
An investment opportunity with income already in place! Welcome to 104/106 Rainbow Court, a fully tenant-occupied duplex just minutes from Downtown Cary and the popular Downtown Cary Park. With both units currently rented, this property offers investors the opportunity to step into an established rental arrangement and begin collecting rental income from day one of ownership, subject to existing lease terms.
The duplex features a total of 5 bedrooms, 2 full bathrooms, and 2 half bathrooms across both units, with one side offering 3 bedrooms and 1.5 baths and the other featuring 2 bedrooms and 1.5 baths. Two separate living spaces provide rental flexibility and multiple income streams, making this an appealing addition to an investment portfolio.
And the location only adds to its appeal! Just minutes from Downtown Cary, residents enjoy convenient access to restaurants, shops, entertainment, and the incredible Downtown Cary Park. With continued investment and revitalization throughout the downtown area, this established location puts owners close to one of the Triangle's most exciting destinations.
Whether you're growing your rental portfolio or making your first investment purchase, 104/106 Rainbow Court offers a chance to acquire an income-producing property with tenants already in place. No need to start from scratch finding renters—this investment is already up and running!
10 categories
Appliances
- Refrigerator
Laundry
- Washer/Dryer Hookups
Flooring
- Tile
Patio / Porch
- Covered
- Front Porch
- Patio
Construction
- Brick
- Shake Siding
Foundation
- Slab
Roof
- Shingle
Water
- Public
Sewer
- Public Sewer
Courtesy of
- Office
- Compass — Cary
- Agent
- Annette Holt
- Phone
- 919-769-1956
Location
Cary Township · Wake County · Cary, NC
Property history
- Listed for saleSource:
Doorify MLS #10198593$622,500$271/sqft
Documents
1 document
Nearby listings
Near 104 Rainbow Court · Cary, NC 27511
Status
Living area
Price
Date range
Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.
Take the next step
You’ve just seen more about this home than you will see anywhere.
What nearby homes sold for, the full listing history, the neighborhood numbers — that’s the homework we do on every home before you make a move.
- Whether the asking price holds up, and what to offer
- What it could become — staging, updates, and what they return
- What your own home would sell for, if a move means selling first
Pick any open time · Phone or video · Just looking is fine
Cameron Saemann
Broker in Charge
Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.
Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database.
Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.