Versatile Duplex in Growing
109 Rainbow, Cary, NC 27511
- Added:
- Apr 3, 2026
- Days on Market:
- 60
- Last Refresh:
- Jun 1 at 8:06 am
Property Features for 109 Rainbow
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- TRP
- Bedrooms
- 2
- Bathrooms
- 3
- Rooms
- Bathroom 8, Bathroom 18, Bathroom 10, Bathroom 20, Bathroom 2, Bathroom 28, Bathroom 13, Bathroom 23, Bathroom 1, Bathroom 12, Bathroom 16, Bathroom 3, Bathroom 21, Bathroom 25, Bathroom 6, Bathroom 4, Bathroom 9, Bathroom 22, Bathroom 27, Bathroom 30, Bedroom 1, Bedroom 2, Bathroom 7, Bathroom 14, Bathroom 29, Bathroom 5, Bathroom 19, Bathroom 26, Bathroom 15, Bathroom 24, Bathroom 11, Bathroom 17
- Parking features
- Open
- Standard status
- Pending
- APN
- 076420826307000 0083003
- Size
- 2,456 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lo8 Rainbow Estates Bm1972-00137
- Tax Annual Amount
- 5134
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1973
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet, Linoleum, Vinyl
- Building materials
- Wood Siding
- Roof type
- Shingle
Listing agent Annette Holt License #231450 (919) 810-2203
Listing office Compass -- Cary 201 Fenton Gateway Dr. Ste 200, Raleigh, NC (919) 769-1956
Listing date Apr 3, 2026
MLS# 10157549
Listing URL
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location minutes from Downtown Cary and the Downtown Cary Park, offering walkability and access to restaurants and retail.
- Duplex property provides flexible investment opportunity: live in one unit and rent the other, or rent both.
- Immediate income potential with one unit currently rented.
- Two units: one with 3 bedrooms, 1.5 baths, and the other with 2 bedrooms, 1.5 baths.
- Located in a rapidly evolving area with continued growth and revitalization.
- Property offers long‑term upside potential due to its desirable location.
Overview
Located in a rapidly evolving area, this property offers a versatile investment opportunity. Situated minutes from Downtown Cary and the Downtown Cary Park, the duplex is positioned in an area of continued growth and revitalization. The property 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. The property is suitable for investors seeking immediate income or buyers looking to live in one side while renting the other. One unit is currently rented, providing immediate income, while the other is vacant and ready for occupancy. The property size is 2456 square feet, situated on a lot of 0.28 acres. The zoning is TRP. The property is located in Wake County, in Cary, North Carolina.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Cary
- County
- Wake
- State
- North Carolina
- Longitude
- -78.768649
- Latitude
- 35.789564
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Duplex near Downtown Cary with income potential and flexible layouts.
Where is this duplex located?
The property is located at 109 Rainbow Cary, NC.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Prime location minutes from Downtown Cary and the Downtown Cary Park, offering walkability and access to restaurants and retail.; Duplex property provides flexible investment opportunity: live in one unit and rent the other, or rent both.; Immediate income potential with one unit currently rented.
