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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

Ranch, Traditional

Lot Size

0.57

Year Built

1966

Town/City

Decatur

County/Region

Dekalb

MLS | Web ID

7811502

Features
General
Sewer Public Sewer
Heating Natural Gas Zoned
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available Electricity Available
Roof Shingle
Appliances Dishwasher Electric Oven Gas Cooktop Gas Water Heater Microwave
Garage Spaces 2
Patio/Porch Features Front Porch
Architectural Style Ranch Traditional
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Brick 4 Sides
Year Built 1966
Electric 110 Volts 220 Volts in Garage
View City
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features None
Community Features None
Accessibility Accessible Full Bath
HOA Fee 2 0
County Dekalb - GA
Property Type Residential
HOA false
Energy Efficient Appliances
Subdivision Name Rainbow Estates
Green Energy Generation None
Other Structures None
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
Spa Features None
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 - Dekalb
Property Condition Resale
Standard Status Coming Soon
Tax Lot 1
Freehold IDX
Corporate Owner Sold As/Is
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Interior
Interior Amenities Bookcases Coffered Ceiling(s) Crown Molding Double Vanity Entrance Foyer High Ceilings 10 ft Main Tray Ceiling(s) Vaulted Ceiling(s) Walk-In Closet(s)
Basement Daylight Driveway Access Exterior Entry Finished Finished Bath Full
Flooring Carpet Hardwood Laminate Tile
Total Fireplaces 1
Fireplace Features Family Room
Common Walls No Common Walls
Window Features Double Pane Windows
Above Grade Finished Area 6677
Half Baths 0
Laundry Features Laundry Room Main Level
Total Bedrooms 6
Below Grade Finished Area 1000
Room Type Basement Den Sun Room
Main Level Bedrooms 4
Main Level Bathrooms 4
Kitchen Features Breakfast Bar Breakfast Room Cabinets White Eat-in Kitchen Kitchen Island Pantry Solid Surface Counters View to Family Room
Total Baths 5
Primary Bathroom Features Double Vanity Separate Tub/Shower Whirlpool Tub
Dining Room Features Seats 12+ Separate Dining Room
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Exterior
Exterior Amenities Courtyard Private Entrance
Fencing None
Parking Features Attached Driveway Garage Garage Door Opener Garage Faces Side Kitchen Level Level Driveway
Lot Features Back Yard Corner Lot Front Yard
Water Source Public
Total Parking 3
Foundation Details Combination
Building Area Total 7677
Lot Dimensions 120 x 200
Lot Size Acres 0.57
Road Surface Type Asphalt Paved
Lot Size Source Public Records
Road Frontage Type City Street
Other Equipment None
Horse Amenities None
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* Excluded Features
List By
Rachael King

Listing Agent

Real Broker, Llc.

Broker

rachaelrealtor5@aim.com

Email

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
1929092 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