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$617,500
5 Beds 4 Baths 10177740 MLS
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.

128 Rainbow Ct, Cary

Seller Representative Compass -- Cary

Buyer Representative

$615,000
2 Beds 3 Baths 10157549 MLS
Discover a rare and flexible investment opportunity in the heart of one of the Triangle's most dynamic and rapidly evolving areas. 109/111 Rainbow Court offers versatility that is increasingly difficult to find, whether you are an investor seeking immediate income or a buyer looking to live in one side while renting the other. Located just minutes from Downtown Cary and the highly acclaimed Downtown Cary Park, this property sits directly in the path of continued growth and revitalization. The park has quickly become a centerpiece of the community, fueling new restaurants, retail, and energy throughout the area. As Downtown Cary continues to evolve, opportunities to own property this close to it are becoming more limited. The duplex 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. This setup creates flexibility for a variety of living or rental scenarios. One unit is currently rented, providing immediate income, while the other is vacant and ready for occupancy. This creates an ideal situation for an owner occupant looking to offset their mortgage, or for an investor aiming to maximize rental potential from day one. Opportunities like this are hard to find, especially in a location where growth, walkability, and long term upside all come together. Whether you are building your portfolio or planting roots with a smart strategy, Rainbow Court is a compelling opportunity worth a closer look.

109 Rainbow Unit 109-111, Cary

Seller Representative Compass -- Cary

Buyer Representative

$339,900
3 Beds 2 Baths 4287541 MLS
Rare find at this price point! Newly constructed 3BR/2BA one-level home on a 3.04 acre lot sitting back off the road for your privacy. About a mile-and-a-half from all the fun things happening in downtown Kannapolis, this is a gem! Beautiful LVP throughout with veined ceramic tile in both full baths. What a joy for the chef to prepare meals in the sleek kitchen with stainless GE appliances, white shaker cabinets, granite tops, natural stone backsplash, & substantial pantry. There is a pass through at the Kitchen sink looking into the Dining Area making clearing the table a breeze. The Primary ensuite will easily accommodate a King bed, and your morning routine is painless with separate vanities. All bedroom closets feature stylish barn doors. Enjoy your morning coffee out on the back patio and take in the sights of your land. BACK ON THE MARKET AT NO FAULT OF SELLER; BUYER'S CIRCUMSTANCES CHANGED.

6785 Nathan Avenue, Kannapolis

Listing courtesy of Call It Closed International Inc. KimGandy08@gmail.com

Sold listing courtesy of Real Broker, LLC

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