104 Rainbow Court, Cary, NC 27511

Cary
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
104 Rainbow Court,Cary, NC 27511
$622,500
  • 5 Beds
  • 4 Baths
  • 2,300 sq. ft.
  • Multi-family
  • Active
Listed by: annette holt, davis holt
Office: compass -- cary
MLS#:10198593
Source:RD

Price summary

  • Price:$622,500
  • Price per sq. ft.:$270.65

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...

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Home facts

  • Year built:1973
  • Subdivision & Development:Rainbow Estates
  • Listing ID #:10198593
  • Added:18 day(s) ago
  • Updated:November 03, 2026 at 04:17 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:2
  • Flooring:Tile
  • Living area:2,300 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1973
  • Building area:2,300 sq. ft.
  • Lot area:0.37 Acres
  • Construction Materials:Brick, Shake Siding
  • Exterior Features:Covered, Front Porch, Patio
  • Foundation Description:Slab
  • Levels:Two

Schools

  • High school:Wake - Cary High
  • Middle school:Wake - East Cary Middle
  • Elementary school:Wake - Cary Elementary

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$622,500
  • Price per sq. ft.:$270.65
  • Tax amount:$5,371

Parking

  • Parking description:Concrete
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