109 Rainbow #109-111, Cary, NC 27511

Cary
Local realty services provided by:ERA Parrish Realty Legacy Group
109 Rainbow #109-111,Cary, NC 27511
$615,000
  • 2 Beds
  • 3 Baths
  • 2,456 sq. ft.
  • Multi-family
  • Pending
Listed by: annette holt, davis holt
Office: compass -- cary
MLS#:10157549
Source:RD

Price summary

  • Price:$615,000
  • Price per sq. ft.:$250.41

About this home

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...

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Home facts

  • Year built:1973
  • Listing ID #:10157549
  • Added:55 day(s) ago
  • Updated:May 29, 2026 at 07:40 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Flooring:Carpet, Linoleum, Vinyl
  • Living area:2,456 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1973
  • Building area:2,456 sq. ft.
  • Lot area:0.28 Acres
  • Construction Materials:Wood Siding
  • Foundation Description:Slab
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$615,000
  • Price per sq. ft.:$250.41
  • Tax amount:$5,133

Parking

  • Parking description:Concrete
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