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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

Compass -- Cary

919-769-1956

Last updated:

October 18, 2026, 06:45 PM

MLS#

10198593

Source:

RD

Source MLS Verified

About This Home

104 Rainbow Court

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!

Home Facts

Multi-Family

4 Baths

5 Bedrooms

Built in 1973

Subdivision & Development:

Rainbow Estates

Price Summary

622,500

$270 per Sq. Ft.

MLS #:

10198593

Last Updated:

October 18, 2026, 06:45 PM

Added:

4 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

2

Interior

Living Area:

2,300 Sq. Ft.


Structure

Structure

Building Area:

2,300 Sq. Ft.

Year Built:

1973


Lot

Lot Size (Sq. Ft):

16,117


Finances & Disclosures

Finances

Price:

$622,500

Price per Sq. Ft:

$270 per Sq. Ft.

MLS Logo
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.