Back 128 Rainbow Court
Off Market

128 Rainbow Court

Cary NC 27511

5
4
4
2624 sq. ft.
16988 sq. ft.
Duplex
Last sold for $617,500
Annette HoltAnnette Holt, last sold this property on 21 August 2026 after 49 days on market.

Overview

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.

Features

5 bedrooms
4 bathrooms
4 carspaces
4 open car spaces
2624 sq. ft. floor area
16988 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 5 bedroom duplexes sold in Cary over the last 12 months.

Property history for 128 Rainbow Court

2026
Sold
$617,500
21 Aug 2026 by Annette Holt, of Compass -- Cary

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Local market activity for 5 bedroom duplexes in Cary

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