INNOVATE Real Estate
Front Exterior - 133 Rainbow Court, Cary, NC 27511, Cary
Rear1 - 133 Rainbow Court, Cary, NC 27511, Cary
Rear1 - 133 Rainbow Court, Cary, NC 27511, Cary
Back Yard 3 - 133 Rainbow Court, Cary, NC 27511, Cary
Rear 2 - 133 Rainbow Court, Cary, NC 27511, Cary
Back Yard - 133 Rainbow Court, Cary, NC 27511, Cary
Two BR LR - 133 Rainbow Court, Cary, NC 27511, Cary
Two BR DRoom - 133 Rainbow Court, Cary, NC 27511, Cary
Two BR Kitchen - 133 Rainbow Court, Cary, NC 27511, Cary
Two BR UP BR - 133 Rainbow Court, Cary, NC 27511, Cary
Two BR UP BR2 - 133 Rainbow Court, Cary, NC 27511, Cary
Two BR Hall Bath - 133 Rainbow Court, Cary, NC 27511, Cary
Three BR DRoom - 133 Rainbow Court, Cary, NC 27511, Cary
Three BR Kitchen - 133 Rainbow Court, Cary, NC 27511, Cary
Three BR Hall Bath - 133 Rainbow Court, Cary, NC 27511, Cary
3BR Laundry - 133 Rainbow Court, Cary, NC 27511, Cary
Three BR Deck - 133 Rainbow Court, Cary, NC 27511, Cary
17 photos

$615,000

133 Rainbow Court, Cary, NC 27511
Cary, NC 27511
Listed by Gerald Spencer · Spencer Enterprises
Bedrooms
5
Bathrooms
3
Living area
N/A
Year built
1973

About this home

TENANT OCCUPIED. SHOWING TIMES WILL BY APPOINTMENT ONLY. DOWNTOWN CARY DUPLEX WITH GREAT RENTAL HISTORY. ONE 3BR/1.5 BA AND ONE 2BR/1.5 BA. STRONG RENTAL HISTORY. NEW HVAC IN BOTH UNITS 2021. WATER HEATER IN 2BR IN 2022 AND 3BR 2023. NEW ROOF IN 2017 W/LIMITED LIFETIME SHINGLE. UPDATED REPLACEMENT WINDOWS IN 2016. LOW MAINTENANCE EXTERIOR (BRICK AND SOME SIDING). CRAWLSPACE WITH VAPOR BARRIOR AND DEHUMIDIFIER INSTALLED IN 2015. BOTH UNITS CURRENTLY MONTH TO MONTH AND WOULD LIKE TO SIGN LEASE AND CONTINUE OCCUPANCY. LARGE PRIVATE FENCED YARD ON CUL-DE-SAC. WALKING DISTANCE TO DOWNTOWN CARY, PARK, BUS SERVICE AND SHOPPING.

Property details

MLS #
10189778
Property type
Duplex
Subdivision
Rainbow Estates
Status
Active
Days on market
24
On market date
August 31, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.36 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Cary Elementary
0.81 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
495
Student:teacher ratio
12.7:1
District
Wake County Schools
Middle
Reedy Creek Middle
1.7 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
697
Student:teacher ratio
13.9:1
District
Wake County Schools
High
Cary High
1.09 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
2,071
Student:teacher ratio
17.3:1
District
Wake County Schools

Walkability

Blended score for Cary's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

78
Walkable
out of 100
EPA National Walkability Index
12.7 / 20 -- Above average walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks19
Schools17
Transit stops20
Pharmacies4

Market position

How this listing compares to current activity in Cary, from live MLS data.

On the market 24 days -- 50 fewer days than Cary's current average of 74 days.
For reference, the median list price across 529 active listings in Cary right now is $505,000.

Mortgage calculator

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Est. monthly payment
$3,854/mo
$123,000 down
$492,000 loan
Principal & interest$3,191
Property tax (est.)$513
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 13 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.