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USANCCaryRainbow Estates111-109 Rainbow Ct
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111-109 Rainbow Ct, Cary, NC

Real Estate

For Sale

Listed price in listed location currency (USD).
$615,000

230

MLS® 10157549

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2456 sqft
Garage No
Taxes $5,134
Days Active 13
Lot Size 0.28 acres
Approx. Age 1973
Avg. Price Per Sqft $250
MLS® Number 10157549

Property Address: 111-109 Rainbow Ct, Cary, NC, 27511-3526

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

Description

Discover a rare and flexible investment opportunity in the heart of one of the Triangle's most dynamic and rapidly evolving areas. 109/111 Rainbow Court offers versatility that is increasingly difficult to find, whether you are an investor seeking immediate income or a buyer looking to live in one side while renting the other. Located just minutes from Downtown Cary and the highly acclaimed Downtown Cary Park, this property sits directly in the path of continued growth and revitalization. The park has quickly become a centerpiece of the community, fueling new restaurants, retail, and energy throughout the area. As Downtown Cary continues to evolve, opportunities to own property this close to it are becoming more limited. The duplex features a total of 5 bedrooms, 2 full bathrooms, and 2 half bathrooms across both units. One side offers a 3 bedroom, 1.5 bath layout, while the other provides a 2 bedroom, 1.5 bath layout. This setup creates flexibility for a variety of living or rental scenarios. One unit is currently rented, providing immediate income, while the other is vacant and ready for occupancy. This creates an ideal situation for an owner occupant looking to offset their mortgage, or for an investor aiming to maximize rental potential from day one. Opportunities like this are hard to find, especially in a location where growth, walkability, and long term upside all come together. Whether you are building your portfolio or planting roots with a smart strategy, Rainbow Court is a compelling opportunity worth a closer look.
MLS® Number10157549
Laundry Level
Central VacNo
FireplaceNo
Acreage0.28
Exterior
GarageNo
Approx. Age1973
Basement
DrivewayConcrete, Open
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 3, 2026List Date
$615,000List Price
  • Commute

Commute

Starting Address
Destination Address
109 Rainbow Ct, Cary, NC

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