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128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
128 Rainbow Court
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Listing courtesy of Compass -- Cary
$622,500

128 Rainbow Court

5 Beds 4 Baths 2,624 Sq.Ft. 0.39 Acres

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.

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Location

128 Rainbow Court, Cary, NC 27511

Status

For Sale
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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 128 Rainbow Court, Cary, NC 27511. We are reviewing your request and will be in touch shortly!
Annette Holt

Annette Holt

TITLE

REALTOR®

Davis Holt

Davis Holt

TITLE

REALTOR®

Property Amenities

Interior
Flooring Carpet, Linoleum, Vinyl
Total Bedrooms: 5
Half Bathrooms: 2
Full Bathrooms: 2
Area & Lot
Total area 2,624 Sq.Ft.
Lot Area 0.39 Acres
Living area 2,624 Sq.Ft.
MLS® ID 10177740
Year Built 1973
High School Wake - Cary High
Middle School Wake - East Cary Middle
Elementary School Wake - Cary Elementary
Type Multi-Family
Status For Sale
Exterior
Stories 2
Air conditioning Central Air
Heat type Central, None
Water Source Public
Sewer Public Sewer
Parking On Site
Roof Shingle
Finance
Sales Price $622,500
Real Estate Tax $5,251 yearly

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