# 104 Rainbow Court, Cary, NC 27511 > **TL;DR:** 5bd/3ba multi-family, $622,500 ($271/sqft), built 1973, 2,300 sqft. > A/C. Est. $3,330/mo. Listed 16 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $622,500 | | Price/sqft | $271 | | Bedrooms | 5 | | Bathrooms | 2 full, 2 half | | Square Feet | 2,300 | | Year Built | 1973 | | Lot Size | 16,117 sqft (0.37 acres) | | Stories | 2 | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 16 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,148 | | Estimated Insurance | $182 | | **Total** | **$3,330** | ## Nearby Schools - **Elementary:** Wake - Cary Elementary - **Middle:** Wake - East Cary Middle - **High:** Wake - Cary High ## Key Amenities - A/C ## Property Highlights - Built in 1973 - 0.37 acre lot - 2 stories ## Description ### Agent Description An investment opportunity with income already in place! Welcome to 104/106 Rainbow Court, a fully tenant-occupied duplex just minutes from Downtown Cary and the popular Downtown Cary Park. With both units currently rented, this property offers investors the opportunity to step into an established rental arrangement and begin collecting rental income from day one of ownership, subject to existing lease terms. The duplex features a total of 5 bedrooms, 2 full bathrooms, and 2 half bathrooms across both units, with one side offering 3 bedrooms and 1.5 baths and the other featuring 2 bedrooms and 1.5 baths. Two separate living spaces provide rental flexibility and multiple income streams, making this an appealing addition to an investment portfolio. And the location only adds to its appeal! Just minutes from Downtown Cary, residents enjoy convenient access to restaurants, shops, entertainment, and the incredible Downtown Cary Park. With continued investment and revitalization throughout the downtown area, this established location puts owners close to one of the Triangle's most exciting destinations. Whether you're growing your rental portfolio or making your first investment purchase, 104/106 Rainbow Court offers a chance to acquire an income-producing property with tenants already in place. No need to start from scratch finding renters-this investment is already up and running! ## Location - **Address:** 104 Rainbow Court, Cary, NC 27511 - **County:** Wake - **Neighborhood:** Rainbow Estates - **Coordinates:** 35.789805, -78.769477 - **Google Maps:** https://www.google.com/maps?q=35.789805,-78.769477 ## Listing Agent - **Name:** Annette Holt - **Brokerage:** Compass North Carolina - **Broker Phone:** (212) 913-9058 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/104-Rainbow-Ct_Cary_NC_27511_M69673-52997?f=listhub&s=TRIANGLE&m=10198593&c=propsimple) ## Photos ![104 Rainbow Court - Photo 1](http://lh.rdcpix.com/9dff1572919f541a48645eaa18e022b4l-f2731607525r.jpg) ![104 Rainbow Court - Photo 2](http://lh.rdcpix.com/9dff1572919f541a48645eaa18e022b4l-f639148544r.jpg) ![104 Rainbow Court - Photo 3](http://lh.rdcpix.com/9dff1572919f541a48645eaa18e022b4l-f3344952798r.jpg) ![104 Rainbow Court - Photo 4](http://lh.rdcpix.com/9dff1572919f541a48645eaa18e022b4l-f2484379199r.jpg) ![104 Rainbow Court - Photo 5](http://lh.rdcpix.com/9dff1572919f541a48645eaa18e022b4l-f1240146427r.jpg) ![104 Rainbow Court - Photo 6](http://lh.rdcpix.com/9dff1572919f541a48645eaa18e022b4l-f3463642749r.jpg) --- **MLS#:** 10198593 | **Updated:** 2026-10-29 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/104-rainbow-court-cary-nc-27511-b52d61dc897a4e108964abe57d68418d) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/104-rainbow-court-cary-nc-27511-b52d61dc897a4e108964abe57d68418d#listing", "url": "https://www.propertysimple.ai/listing/104-rainbow-court-cary-nc-27511-b52d61dc897a4e108964abe57d68418d", "name": "104 Rainbow Court, Cary, NC 27511", "description": "An investment opportunity with income already in place! Welcome to 104/106 Rainbow Court, a fully tenant-occupied duplex just minutes from Downtown Cary and the popular Downtown Cary Park. With both units currently rented, this property offers investors the opportunity to step into an established rental arrangement and begin collecting rental income from day one of ownership, subject to existing lease terms. The duplex features a total of 5 bedrooms, 2 full bathrooms, and 2 half bathrooms across both units, with one side offering 3 bedrooms and 1.5 baths and the other featuring 2 bedrooms and 1.5 baths. Two separate living spaces provide rental flexibility and multiple income streams, making this an appealing addition to an investment portfolio. And the location only adds to its appeal! Just minutes from Downtown Cary, residents enjoy convenient access to restaurants, shops, entertainment, and the incredible Downtown Cary Park. With continued investment and revitalization throughout the downtown area, this established location puts owners close to one of the Triangle's most exciting destinations. Whether you're growing your rental portfolio or making your first investment purchase, 104/106 Rainbow Court offers a chance to acquire an income-producing property with tenants already in place. No need to start from scratch finding renters-this investment is already up and running!", "image": [ "http://lh.rdcpix.com/9dff1572919f541a48645eaa18e022b4l-f2731607525r.jpg", "http://lh.rdcpix.com/9dff1572919f541a48645eaa18e022b4l-f639148544r.jpg", "http://lh.rdcpix.com/9dff1572919f541a48645eaa18e022b4l-f3344952798r.jpg", "http://lh.rdcpix.com/9dff1572919f541a48645eaa18e022b4l-f2484379199r.jpg", "http://lh.rdcpix.com/9dff1572919f541a48645eaa18e022b4l-f1240146427r.jpg", "http://lh.rdcpix.com/9dff1572919f541a48645eaa18e022b4l-f3463642749r.jpg" ], "primaryImageOfPage": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/9dff1572919f541a48645eaa18e022b4l-f2731607525r.jpg", "caption": "104 Rainbow Court - Cary, NC" }, "datePosted": "2026-10-15", "dateModified": "2026-10-29T09:26:11.537Z", "mainEntity": { "@type": "Accommodation", "@id": "https://www.propertysimple.ai/listing/104-rainbow-court-cary-nc-27511-b52d61dc897a4e108964abe57d68418d#property", "name": "104 Rainbow Court, Cary, NC 27511", "address": { "@type": "PostalAddress", "streetAddress": "104 Rainbow Court", "addressLocality": "Cary", "addressRegion": "NC", "postalCode": "27511", "addressCountry": "US" }, "geo": { "@type": "GeoCoordinates", "latitude": 35.789805, "longitude": -78.769477 }, "image": [ "http://lh.rdcpix.com/9dff1572919f541a48645eaa18e022b4l-f2731607525r.jpg", "http://lh.rdcpix.com/9dff1572919f541a48645eaa18e022b4l-f639148544r.jpg", "http://lh.rdcpix.com/9dff1572919f541a48645eaa18e022b4l-f3344952798r.jpg", "http://lh.rdcpix.com/9dff1572919f541a48645eaa18e022b4l-f2484379199r.jpg", "http://lh.rdcpix.com/9dff1572919f541a48645eaa18e022b4l-f1240146427r.jpg", "http://lh.rdcpix.com/9dff1572919f541a48645eaa18e022b4l-f3463642749r.jpg" ], "identifier": { "@type": "PropertyValue", "propertyID": "MLS", "value": "10198593" }, "accommodationCategory": "Duplex", "numberOfBedrooms": 5, "numberOfBathroomsTotal": 3, "numberOfFullBathrooms": 2, "numberOfPartialBathrooms": 2, "floorSize": { "@type": "QuantitativeValue", "value": 2300, "unitCode": "FTK", "unitText": "square feet" }, "yearBuilt": 1973, "amenityFeature": [ { "@type": "LocationFeatureSpecification", "name": "Heating", "value": "Central" }, { "@type": "LocationFeatureSpecification", "name": "Cooling", "value": "Central Air" }, { "@type": "LocationFeatureSpecification", "name": "Flooring", "value": "Tile" }, { "@type": "LocationFeatureSpecification", "name": "Construction Materials", "value": "Brick, Shake Siding" }, { "@type": "LocationFeatureSpecification", "name": "Pool Features", "value": "Patio, Porch" }, { "@type": "LocationFeatureSpecification", "name": "Parking Features", "value": "Open" }, { "@type": "LocationFeatureSpecification", "name": "Air Conditioning", "value": true } ], "additionalProperty": [ { "@type": "PropertyValue", "name": "Lot Size", "value": "0.37 acres" }, { "@type": "PropertyValue", "name": "Stories", "value": 2 }, { "@type": "PropertyValue", "name": "Property Subtype", "value": "Duplex" } ] }, "offers": { "@type": "Offer", "@id": "https://www.propertysimple.ai/listing/104-rainbow-court-cary-nc-27511-b52d61dc897a4e108964abe57d68418d#offer", "url": "https://www.propertysimple.ai/listing/104-rainbow-court-cary-nc-27511-b52d61dc897a4e108964abe57d68418d", "price": 622500, "priceCurrency": "USD", "businessFunction": "http://purl.org/goodrelations/v1#Sell", "availability": "https://schema.org/InStock", "seller": { "@id": "https://www.propertysimple.ai/listing/104-rainbow-court-cary-nc-27511-b52d61dc897a4e108964abe57d68418d#agent" } }, "provider": { "@type": "Person", "@id": "https://www.propertysimple.ai/listing/104-rainbow-court-cary-nc-27511-b52d61dc897a4e108964abe57d68418d#agent", "name": "Annette Holt", "worksFor": { "@type": "Organization", "@id": "https://www.propertysimple.ai/listing/104-rainbow-court-cary-nc-27511-b52d61dc897a4e108964abe57d68418d#brokerage", "name": "Compass North Carolina", "telephone": "(212) 913-9058" } } } ```