221 SW Rainbow Avenue Dallas, OR ^$ 425,000

221 SW Rainbow Avenue

^$ 425,000

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221 SW Rainbow Avenue

Dallas, OR, 97338

^$ 425,000

Bedrooms3 Baths2.0 Sq 1,786

Monthly Estimate*

^$ 2,651

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Single Family Home for sale in Dallas, OR

for $425,000 with 3 bedrooms and 2 full baths. This 1,786 square foot home was built in 1951 on a lot size of 0.17.

Well-kept Dallas home offering comfort, space and investment potential. Features 3 beds, 2 baths, open living area and storage-filled kitchen. Spacious, private backyard perfect for entertaining or gardening. Garage is partially converted ADU with 2nd bath, kitchenette and walk-in closet. County records show 2 beds/1 bath, 1258 SqFt - buyer to do due diligence. Close to schools, shopping and parks. Don't miss this opportunity!

Single Family Active

Price

^$ 425,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 2,306

Style

Traditional

Lot Size

0.17

Year Built

1951

Town/City

Dallas

County/Region

Polk

MLS | Web ID

220208019

Features

General

Sewer Public Sewer

Heating Baseboard Zoned

Cooling None

Roof Composition

Garage Spaces 1.0

Architectural Style Traditional

Year Built 1951

Levels Two

Property Subtype Single Family Residence

Tax Year 2024

County Polk

New Construction N

Property Type Residential

HOA N

Attached Garage N

Subdivision Name N/A

Garage Y/N Y

Other Structures Shed(s)

Full Baths 2

Status Active

Directions Ellendale Ave to SW Jasper St to SW Rainbow Ave

High School Dallas High

City Dallas

Senior Community Y/N N

Zoning Description RS

Lot Size Units Acres

Lot Size Square Feet 7405.2

Carport Y/N N

Elementary School Lyle Elem

Land Lease Y/N N

Tax Annual Amount 2306.19

Home Warranty Y/N N

Middle/Junior High School LaCreole Middle

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Structure Type House

Standard Status Active

Tax Lot 4

Accessory Dwelling Unit Y/N N

Interior

Basement None

Flooring Carpet Hardwood

Common Walls No Common Walls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Half Baths 0

Total Bedrooms 3

Total Baths 2

Heating-Baseboard True

Exterior

Parking Features Detached

Water Source Public

Lot Size Area 0.17

Foundation Details Concrete Perimeter

Spa N

Building Area Total 1786.0

Lot Size Acres 0.17

Road Surface Type Paved

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 221

* Excluded Features

List By

Peter Braunworth

Listing Agent

Coho Realty

Broker

Affordability Calculator

$2,844

Per Month

Monthly Principal & Interest: $2,651
Monthly Property Taxes: $192
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Dallas, OR

Average List Price ^$774,592

Percent of Sale Price 82%

About Dallas, OR

15,825 Population

23% Since 2002

^$51,836 Median Income

40.45 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

5251948 Elementary School

4740915 Middle School

Dallas High High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/22/2025	$425,000	-2.30%	Price Down
9/12/2025	$435,000	-2.25%	Price Down
8/20/2025	$445,000		Listed Price

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221 SW Rainbow Avenue, Dallas, OR, 97338 is a Single Family Home for sale at $425,000 with 1,786 sqft and a lot size of 0.17. 221 SW Rainbow Avenue has 3 bedrooms, 2.0 baths, and was built in 1951. The property's zip code is 97338 which is in Dallas, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

© 2020 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Weichert Realtors are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Weichert Realtors.

Data is updated as of 12/5/2025.

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221 SW Rainbow Avenue

Single Family Home for sale in Dallas, OR

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