128 Rainbow Court · Cary, NC 27511
Cary, NC 27511 · Rainbow Estates
$617,500
5
Bedrooms
3
Bathrooms
2,624
Square feet
0.39
Acres
1973
Year built
128 Rainbow CourtSold
Highlights
- Duplex
- Private Entrances
- Dedicated Parking
About this home
Exceptional investment opportunity in the heart of Cary. 128 & 130 Rainbow Court offers a well-maintained duplex just minutes from Downtown Cary, providing investors with immediate cash flow and long-term upside in one of the Triangle's most sought-after locations.
Both units are currently leased, with leases in place through March 2027 and June 2027, creating stable, predictable income from day one. The property features two spacious residences with private entrances, dedicated parking, and strong rental appeal driven by the area's continued growth and demand.
Located less than two miles from Downtown Cary Park, residents enjoy easy access to award-winning restaurants, local breweries, shopping, entertainment, and community events. The property is also conveniently located near Fenton, WakeMed Soccer Park, major employment centers, and commuter routes including US-1, I-40, and NC-540.
Whether you're looking to expand your portfolio with a turnkey asset or secure a long-term hold in a premier Cary location, 128 & 130 Rainbow Court presents a rare opportunity to acquire an income-producing property with established tenants and excellent proximity to everything Cary has to offer.
8 categories
Flooring
- Carpet
- Linoleum
- Luxury Vinyl
Style
- Transitional
Construction
- Brick
- Wood Siding
Foundation
- Crawlspace
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
- SoldSource:
Doorify MLS #10177740$617,500 - Pending saleSource: Doorify MLS #10177740$622,500
- Listed for saleSource: Doorify MLS #10177740$622,500
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.
Documents
1 document
Nearby listings
Near 128 Rainbow Court · Cary, NC 27511
Status
Living area
Price
Date range
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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.