128 Rainbow Court, Cary, NC 27511

• 5 beds |
• 4 baths |
• 2,624 sqft

Property 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.

Listing Status:

Pending

Date Added:

July 2, 2026

Data Last Updated:

August 6, 2026 at 7:39AM

Listing Office:

Compass -- Cary : 919-769-1956

Listing Agent:

Annette Holt : 919-810-2203

MLS ID:

10177740

Interior

• Flooring: CarpetLinoleumLuxury Vinyl
• A/C: Central Air
• Heating: CentralNone

Exterior

• Parking: On Site

Construction

• Roofing: Shingle
• General: BrickWood Siding2Crawlspace

Location

• Originating MLS: Doorify MLS
• County: Wake

Lot

• Zoning: TRPLo15 Rainbow Estates0764814829

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: Doorify MLS