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109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
109 Rainbow # 111 Unit: 109-111
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Listing courtesy of Compass -- Cary
$615,000

109 Rainbow # 111 Unit: 109-111

2 Beds 3 Baths 2,456 Sq.Ft. 0.28 Acres

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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.

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Location

109 Rainbow # 111 Unit: 109-111, Cary, NC 27511

Status

For Sale
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 109 Rainbow # 111 Unit: 109-111, Cary, NC 27511. We are reviewing your request and will be in touch shortly!
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Annette Holt

Annette Holt

TITLE

REALTOR®

PHONE

(919) 810-2203

EMAIL

[email protected]

CONTACT AGENT
Davis Holt

Davis Holt

TITLE

REALTOR®

PHONE

(919) 810-2188

EMAIL

[email protected]

CONTACT AGENT

Property Amenities

Interior
Flooring Carpet, Linoleum, Vinyl
Total Bedrooms: 2
Half Bathrooms: 1
Full Bathrooms: 2
Area & Lot
Total area 2,456 Sq.Ft.
Lot Area 0.28 Acres
Living area 2,456 Sq.Ft.
MLS® ID 10157549
Year Built 1973
Type Multi-Family
Status For Sale
Exterior
Stories 2
Air conditioning Central Air
Heat type Central
Water Source Public
Sewer Public Sewer
Parking Concrete, Open
Roof Shingle
Finance
Sales Price $615,000
Real Estate Tax $5,134 yearly

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Contact Details

South Heights

(919) 810-2188

[email protected]



4509 Creedmoor Rd., #201

Raleigh, NC 27612

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