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3421 Rainbow Drive Decatur, GA $ 465,000
3421 Rainbow Drive
$ 465,000
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3421 Rainbow Drive

Decatur, GA, 30034
$ 465,000
Bedrooms6 Baths5.0 Sq 7,677

Monthly Estimate*

$ 2,936

Single Family Home for sale in Decatur, GA

for $465,000 with 6 bedrooms and 5 full baths. This 7,677 square foot home was built in 1966 on a lot size of 0.57.

Calling all investors and savvy buyers! Don't miss this spacious four-sided brick home with a full basement apartment offering excellent income producing potential. The home features generously sized rooms throughout, tall ceilings, site-finished hardwood floors, and extensive molding that showcase its original craftsmanship. The open kitchen includes an island with a breakfast bar and a bright bay window overlooking the backyard. The oversized primary suite offers a large walk-in closet and a spacious bathroom, while a secondary bedroom features its own private ensuite bath. The finished basement apartment includes two bedrooms, a full kitchen, living area, and full bathroom ideal for rental income, multigenerational living, or guests. The property also offers two separate parking areas with access from different sides of the home, allowing convenient dedicated parking for the basement apartment. This home is ready for updates and repairs but offers solid construction, a versatile floor plan, and exceptional space. With the right vision and improvements, this property presents a fantastic opportunity to build equity or create a strong investment.

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Single Family Coming Soon

Price

$ 465,000

Bedrooms

6

Full Bath

5

Property Type

Single Family

Taxes

$ 1,533

Style

Brick 4 Side, Ranch, Traditional

Lot Size

0.57

Year Built

1966

Town/City

Decatur

County/Region

Dekalb

MLS | Web ID

10813724

Features
General
Sewer Public Sewer
Heating Natural Gas Zoned
Cooling Ceiling Fan(s) Central Air Zoned
Utilities Cable Available Electricity Available High Speed Internet Natural Gas Available Phone Available Sewer Connected Water Available
Roof Composition
Appliances Cooktop Dishwasher Gas Water Heater Microwave Oven Stainless Steel Appliance(s)
HOA Fee 0
Association Fee Includes Other
Patio/Porch Features Patio Porch
Architectural Style Brick 4 Side Ranch Traditional
Security Features Smoke Detector(s)
Construction Materials Brick
Year Built 1966
View City
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Community Features None
Accessibility Accessible Full Bath
County DeKalb
New Construction false
Property Type Residential
HOA true
Attached Garage true
Energy Efficient Appliances Thermostat
Subdivision Name Rainbow Estates
Garage Y/N true
Full Baths 5
Status Coming Soon
Directions I-20 to Gresham Rd. Proceed out of the perimeter to Left on Rainbow Dr. The house is on the right.
High School Southwest Dekalb
City Decatur
Body of Water None
Lot Size Units Square Feet
Lot Size Square Feet 24829.2
Carport Y/N false
Spa Features Bath
Elementary School Rainbow
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 1533
Home Warranty Y/N false
Middle/Junior High School Chapel Hill
Property Condition Resale
Structure Type House
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Coming Soon
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Interior
Interior Amenities Bookcases Double Vanity High Ceilings Master On Main Level Separate Shower Tile Bath Tray Ceiling(s) Vaulted Ceiling(s) Walk-In Closet(s)
Basement Bath Finished Daylight Exterior Entry Finished Full Interior Entry
Flooring Carpet Hardwood Laminate Tile
Total Fireplaces 1
Fireplace Features Family Room
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N true
Above Grade Finished Area 6677
Half Baths 0
Laundry Features Other
Total Bedrooms 6
Below Grade Finished Area 1000
Main Level Bedrooms 4
Main Level Bathrooms 4
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Kitchen Features Breakfast Area Breakfast Bar Breakfast Room Kitchen Island Pantry Solid Surface Counters
Total Baths 5
Dining Room Features Seats 12+ Separate Room
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Exterior
Vegetation Grassed
Parking Features Garage Attached Kitchen Level Garage Door Opener Side/Rear Entrance
Lot Features Corner Lot
Water Source Public
Total Parking 2
Lot Size Area 24829.2
Spa true
Building Area Total 7677
Lot Size Acres 0.57
Lot Size Source Public Records
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* Excluded Features
List By
Real Broker, Llc

Broker

Affordability Calculator

$3,064
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,936
Monthly Property Taxes
$128
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4133259 Elementary School
4136297 Middle School
Southwest Dekalb High School High School
Pricing History
DatePricePrice ChangeDescription
7/27/2026$465,000 Listed Price

Map


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3421 Rainbow Drive, Decatur, GA, 30034 is a Single Family Home for sale at $465,000 with 7,677 sqft and a lot size of 0.57. 3421 Rainbow Drive has 6 bedrooms, 5.0 baths, and was built in 1966. The property's zip code is 30034 which is in Decatur, GA