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$622,500
4 Days On Site

104 Rainbow Court
Cary, NC 27511

For Sale|Duplex|Active
5
Beds
4
Total Baths
2
Full Baths
2
Partial Baths
2,300
SqFt
$271
/SqFt
1973
Built
Subdivision:
Rainbow Estates
County:
Wake

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919-274-8120
104 Rainbow Court104 Rainbow Court104 Rainbow Court104 Rainbow Court
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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 the downtown area, this established location puts owners close to one of the Triangle's most exciting destinations. Whether you're growing your rental portfolio or making your first investment purchase, 104/106 Rainbow Court offers a chance to acquire an income-producing property with tenants already in place. No need to start from scratch finding renters—this investment is already up and running!

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Listing Snapshot
Price 
$622,500
Days On Site 
4 Days
Bedrooms 
5
Inside Area (SqFt) 
2,300 sqft
Total Baths 
4
Full Baths 
2
Partial Baths 
2
Lot Size 
0.37 Acres
Year Built 
1973
MLS Number 
10198593
Status 
Active
Property Tax 
$5,371.17
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing first seen on site
4 days agoListing updated with changes from the MLS
General Features
Acres 
0.37
Foundation 
Slab
Lease Term 
12 Months
Levels 
Two
Parking 
ConcreteOpen
Parking Spaces 
2
Property Sub Type 
Duplex
Sewer 
Public Sewer
SqFt Above 
2300
SqFt Total 
2300
Water Source 
Public
Zoning 
TRP
Interior Features
Cooling 
Central Air
Flooring 
Tile
Heating 
Central
Interior 
High Speed Internet
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Exterior Features
Construction Details 
BrickShake Siding
Patio And Porch 
CoveredFront PorchPatio
Roof 
Shingle
View 
Trees/Woods
Waterview 
Trees/Woods
Community Features
Financing Terms Available 
CashConventional
Schools
School District
Unknown
Elementary School
Wake - Cary Elementary
Middle School
Wake - East Cary Middle
High School
Wake - Cary High
Listing courtesy of Annette Holt of Compass -- Cary



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2026-10-20 01:04 AM UTC

Neighborhood & Commute
Source: Walkscore
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