For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    109 Rainbow Cary, NC 27511

    View on Map
    Claim this Listing
    For Sale
    $615,000

    MULTI_FAMILY - Cary, NC

    Property size:
    2,456 SF
    Lot size:
    0.28 Acres
    Price / SF:
    $250/SF
    Added:
    Apr 3, 2026
    Days on Market:
    35
    Last Refresh:
    May 7 at 2:06 pm

    Property Features for 109 Rainbow

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    TRP
    Bedrooms
    2
    Bathrooms
    3
    Rooms
    Bathroom 24, Bathroom 22, Bathroom 10, Bathroom 4, Bathroom 3, Bathroom 17, Bathroom 14, Bathroom 7, Bathroom 12, Bathroom 5, Bathroom 2, Bathroom 23, Bathroom 20, Bathroom 1, Bathroom 11, Bathroom 21, Bathroom 25, Bathroom 29, Bedroom 1, Bathroom 9, Bathroom 19, Bathroom 13, Bathroom 28, Bathroom 16, Bathroom 30, Bathroom 26, Bathroom 6, Bedroom 2, Bathroom 8, Bathroom 15, Bathroom 18, Bathroom 27
    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
    Linoleum, Carpet, Vinyl
    Building materials
    Wood Siding
    Roof type
    Shingle

    We can help!

    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 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

    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 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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message