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    Cary, NC
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    Cary, NC Multifamily Properties for Sale

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    Raleigh, NC Apex, NC Morrisville, NC Holly Springs, NC Fuquay Varina, NC Durham, NC Garner, NC New Hill, NC
    Leased Duplex Investment Property
    Updated: Jul 2
    Leased Duplex Investment Property

    128 Rainbow Court, Cary, NC 27511

    $622,500
    2,624 sqft 0.39 AC lot
    Two leased units at 128 & 130 Rainbow Court with leases through March 2027 and June 2027
    Duplex with two private entrances and dedicated parking for each residence
    Built in 1973 with central heating and central air
    Public utilities: public water and public sewer
    Exterior includes brick and wood siding; roof is shingle
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    This listing looks promising.

    Here's a quick look at some key insights for

    128 Rainbow Court, Cary, NC 27511

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    • Est. Cap Rate

      4.9%
      NOI ÷ price

    • Est. NOI

      $30K
      Annual

    • Price @ 7% Cap

      $433K
      Suggested

    • Property Type

      Duplex
      Built 1973
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    Duplex with Two Townhouse Units
    Updated: Jun 8
    Duplex with Two Townhouse Units

    105 - 107 Chevis Drive, Cary, NC 27513

    $510,000
    2,140 sqft 0.42 AC lot
    Two townhouse‑style units (105‑107 Chevis) with private entrances and two‑story layouts
    Each unit features 2 bedrooms and 2.5 bathrooms
    Currently one unit is tenant‑occupied at $1,525/month‑to‑month
    Estimated market rents are $1,600 per unit, for $3,200/month gross rent potential
    New roof and updated ductwork reported; electric central HVAC with separate meters
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    Cary Duplex Investment Opportunity
    Cary Duplex Investment Opportunity

    110 Misty Court, Cary, NC 27513

    $545,000
    2,610 sqft 0.48 AC lot

    Duplex in excellent location near I-40 and downtown Cary.

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    Commercially Zoned Triplex Property
    Commercially Zoned Triplex Property

    1208 Walnut Street, Cary, NC 27511

    $950,000
    3,657 sqft 1.20 AC lot

    Income-producing triplex with commercial zoning on 1.2 acres in Cary, NC, offered for sale in Wake County.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 78 Potential Opportunities for your consideration. Besides 4 Active listings in Cary, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Quadplex with Private Decks
    Quadplex with Private Decks

    5333 Wayne Street, Raleigh, NC 27606

    $699,999
    3,981 sqft 0.48 AC lot

    Four 2-bed, 2-bath units with private decks, all on month-to-month leases for flexible ownership.

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    Brick Triplex with Two 3-Bed Units
    Brick Triplex with Two 3-Bed Units

    850 Athens Drive, Raleigh, NC 27606

    $599,000
    2,727 sqft 0.55 AC lot

    R-6 zoned brick triplex on a 0.55-acre lot with two leased 3-bedroom units and one currently vacant 2-bedroom unit.

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    Two-Unit Residential Income Duplex
    Two-Unit Residential Income Duplex

    841 Barringer Drive, Raleigh, NC 27606

    $480,000
    1,641 sqft 0.35 AC lot

    Two mirrored 2-bedroom units offer driveway parking and back patios for tenant-ready living arrangements.

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    Development Opportunity with Rental Income
    Development Opportunity with Rental Income

    517 Buck Jones, Raleigh, NC 27606

    $3,678,900

    3186 sq. ft. property with ASR approval for development.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land in Sanford, NC
    Residential Land in Sanford, NC

    Osgood Road, Sanford, NC 27330

    $174,900
    6.83 AC lot

    6.83-acre residential tract suitable for custom or manufactured homes.

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    Residential Land in Lillington, NC
    Residential Land in Lillington, NC

    3 Lots 123 Rio Lane, Lillington, NC 27546

    $50,000
    0.35 AC lot

    Generous lot near downtown Lillington suitable for residential construction.

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    Residential Lot in Lillington, NC
    Residential Lot in Lillington, NC

    Murchison Off Lane lot: 14, Lillington, NC 27546

    $35,000
    0.18 AC lot

    Blank slate lot near downtown Lillington, suitable for residential construction.

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    Residential Lot Near Downtown
    Residential Lot Near Downtown

    Murchison Off Lane lot: 15, Lillington, NC 27546

    $35,000
    0.17 AC lot

    Blank slate lot suitable for residential construction or mobile homes.

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    Off-Market Properties in Cary, NC

    Consider similar Off-Market properties in Cary, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    200 Bald Eagle Ln
    GARDEN APT, COURT APT (5+ UNITS)

    200 Bald Eagle Ln, Cary, NC 27518

    Value Estimation by Request
    24,474 sqft 18.22 AC lot
    View details
    900 Pony Clb Cir
    GARDEN APT, COURT APT (5+ UNITS)

    900 Pony Clb Cir, Cary, NC 27519

    $17,100,000
    Estimated value
    25,906 sqft 7.75 AC lot
    View details
    100 Butterwood Ct
    GARDEN APT, COURT APT (5+ UNITS)

    100 Butterwood Ct, Cary, NC 27511-4119

    $1,030,000
    Estimated value
    6,432 sqft 15.22 AC lot
    View details
    100 Pickering Pl
    GARDEN APT, COURT APT (5+ UNITS)

    100 Pickering Pl, Cary, NC 27513-5276

    $1,105,000
    Estimated value
    8,705 sqft 2.45 AC lot
    View details
    22000 Havers Dr
    GARDEN APT, COURT APT (5+ UNITS)

    22000 Havers Dr, Cary, NC 27518

    Value Estimation by Request
    17,085 sqft 18.48 AC lot
    View details
    200 Glendon Way
    GARDEN APT, COURT APT (5+ UNITS)

    200 Glendon Way, Cary, NC 27519-9713

    $12,705,000
    Estimated value
    7,158 sqft 10.54 AC lot
    View details
    400 Spartacus Ct
    GARDEN APT, COURT APT (5+ UNITS)

    400 Spartacus Ct, Cary, NC 27518

    $36,605,000
    Estimated value
    17,595 sqft 12.19 AC lot
    View details
    202 Foliage Cir
    GARDEN APT, COURT APT (5+ UNITS)

    202 Foliage Cir, Cary, NC 27518-6890

    Value Estimation by Request
    17,722 sqft 18.73 AC lot
    View details
    101 Harlon Dr
    GARDEN APT, COURT APT (5+ UNITS)

    101 Harlon Dr, Cary, NC 27511-4883

    $35,690,000
    Estimated value
    8,742 sqft 31.09 AC lot
    View details
    100 Westover Hls Dr
    GARDEN APT, COURT APT (5+ UNITS)

    100 Westover Hls Dr, Cary, NC 27513

    Value Estimation by Request
    19,530 sqft 32.70 AC lot
    View details
    409 Galveston Ct
    GARDEN APT, COURT APT (5+ UNITS)

    409 Galveston Ct, Cary, NC 27513-4524

    $12,865,000
    Estimated value
    8,022 sqft 5.22 AC lot
    View details
    200 Terrastone Pl
    GARDEN APT, COURT APT (5+ UNITS)

    200 Terrastone Pl, Cary, NC 27519

    Value Estimation by Request
    17,871 sqft 24.72 AC lot
    View details
    2400 Rexford Ln
    GARDEN APT, COURT APT (5+ UNITS)

    2400 Rexford Ln, Cary, NC 27518

    Value Estimation by Request
    6,612 sqft 27.65 AC lot
    View details
    101 Rosedown Dr
    GARDEN APT, COURT APT (5+ UNITS)

    101 Rosedown Dr, Cary, NC 27513-4049

    $15,610,000
    Estimated value
    7,284 sqft 10.81 AC lot
    View details
    100 Kindletree Ct
    GARDEN APT, COURT APT (5+ UNITS)

    100 Kindletree Ct, Cary, NC 27513-0022

    $37,195,000
    Estimated value
    6,464 sqft 14.33 AC lot
    View details
    100 Canopy Oak Ct
    GARDEN APT, COURT APT (5+ UNITS)

    100 Canopy Oak Ct, Cary, NC 27513-0038

    $25,585,000
    Estimated value
    9,480 sqft 12.41 AC lot
    View details
    300 Berwick Vly Ln
    GARDEN APT, COURT APT (5+ UNITS)

    300 Berwick Vly Ln, Cary, NC 27513

    Value Estimation by Request
    27,542 sqft 41.48 AC lot
    View details
    748 Donaldson Dr
    GARDEN APT, COURT APT (5+ UNITS)

    748 Donaldson Dr, Cary, NC 27511

    $39,590,000
    Estimated value
    7,200 sqft 15.86 AC lot
    View details
    7100 Almaden Way
    GARDEN APT, COURT APT (5+ UNITS)

    7100 Almaden Way, Cary, NC 27518

    Value Estimation by Request
    16,964 sqft 19.49 AC lot
    View details
    109 Wrenn Dr
    GARDEN APT, COURT APT (5+ UNITS)

    109 Wrenn Dr, Cary, NC 27511-5316

    $2,795,000
    Estimated value
    7,308 sqft 3.26 AC lot
    View details

    Cary, NC Multifamily Properties Market Trends and Statistics

    Explore 70 multifamily properties for sale in Cary, NC, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 11,031 square feet of properties for sale, with an estimated market value of $2,627,500.

    Sale prices for multifamily properties in Cary, NC start at $510,000, averaging $656,875, and reaching up to $950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Apartment buildings 2
    Triplexes 1

    Demographics Overview

    Population 168K
    Population Growth (5Y) +4.1%
    Median Household Income $132,803
    College Educated 80.7%

    High-Yield Neighborhoods for Investment

    Identify Cary submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    27513 $527.5K
    27511 $950K

    Taxes & Financing

    Tax Rate (average for all types) 0.97%
    Property Tax per SF $7.07 per SF
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wake County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Wake County

    Residential Income

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    Most Searched ZIP Codes in Cary, NC

    • 27511
    • 27513

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