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109 Rainbow unit 109-111 Cary, NC 27511

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New
For Sale
$615,000

MULTI_FAMILY - Cary, NC

Property size:
2,456 SF
Lot size:
0.28 Acres
Added:
Apr 3, 2026
Days on Market:
2
Last Refresh:
Apr 4 at 5:06 am

Property Features for 109 Rainbow unit 109-111

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
TRP
Bedrooms
2
Bathrooms
3
Rooms
Bathroom 11, Bathroom 5, Bathroom 20, Bathroom 15, Bathroom 16, Bathroom 13, Bedroom 2, Bathroom 30, Bathroom 12, Bathroom 3, Bathroom 9, Bathroom 10, Bathroom 8, Bathroom 27, Bathroom 7, Bathroom 1, Bathroom 19, Bedroom 1, Bathroom 4, Bathroom 26, Bathroom 28, Bathroom 18, Bathroom 29, Bathroom 21, Bathroom 17, Bathroom 2, Bathroom 6, Bathroom 14, Bathroom 25, Bathroom 23, Bathroom 24, Bathroom 22
Parking features
Open
Standard status
Active
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

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Listing Contact
Annette Holt

Listing agent Annette Holt License #231450

Listing office Compass -- Cary 201 Fenton Gateway Dr. Ste 200, Raleigh, NC

Listing date Apr 3, 2026

MLS# 10157549

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.


Overview

Versatile Duplex in Growing Cary

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 Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Cary
County
Wake
State
North Carolina
Longitude
-78.768649
Latitude
35.789564

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 unit 109-111 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.
More about this property
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