USANCCaryRainbow Estates128 Rainbow Court

128 Rainbow Court, Cary, NC

Name: 128 Rainbow Court, For Sale in Cary - Zoocasa
Brand: Compass -- Cary
SKU: 10177740
Price: 622500 USD

House

For Sale

Listed price in listed location currency (USD).

$622,500

544

MLS® 10177740

Overview

Key Facts

Type Duplex

Levels Residential Income

Size 2624 sqft

Garage

Taxes $5,251

Days Active 0

Lot Size 0.39 Acres

Approx. Age 1973

Avg. Price Per Sqft $237

MLS® Number 10177740

Property Address: 128 Rainbow Court, Cary, NC, 27511

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number10177740

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1973

Basement

DrivewayOn Site

Garage Spaces

HeatCentral, None

A/CCentral Air

Extras

Map

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