3421 Rainbow Drive
Decatur, GA 30034
6
Bed
5
Bath
7,677Sqft
0.57Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 6 Bedrooms On Upper Level: 0 Bedrooms On Lower Level: 2 Main Bedrooms: 4 Room Type: Den,Family Room,Foyer,Laundry,Office,Sun Room Window Features: Double Pane WindowsBathroom Information
Total Baths: 5 Full Baths: 5 Half Baths: 0 Full Baths Main: 4 Baths Full Lower: 1 Baths Full Upper: 0Water/Sewer
Water Source: Public Water BodyName: NONE Sewer: Public Sewer -
Kitchen Information
Kitchen: Breakfast Area,Breakfast Bar,Breakfast Room,Kitchen Island,Pantry,Solid Surface Counters Dining Room: Seats 12+,Separate RoomInterior Features
Bookcases,Double Vanity,High Ceilings,Master On Main Level,Separate Shower,Tile Bath,Tray Ceiling(s),Vaulted Ceiling(s),Walk-In Closet(s),Whirlpool Bath Flooring: Carpet,Hardwood,Laminate,TileAppliances
Cooktop,Dishwasher,Gas Water Heater,Microwave,Oven (Wall),Stainless Steel Appliance(s)Utilities
Cable Available,Electricity Available,High Speed Internet,Natural Gas Available,Phone Available,Sewer Connected,Water Available -
Cooling Features
Ceiling Fan(s),Central Air,ZonedEnergy
Green Energy: Appliances,ThermostatHeating Source
Natural Gas,ZonedFireplace
Number of Fireplaces: 1 Fireplace Features: Family Room
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Building Information
Built Year: 1966 Roof Type: Composition Basement: Bath Finished,Daylight,Exterior Entry,Finished,Full,Interior Entry Common Walls: No Common Walls Levels: One Property Age: 60 -
Security Features
Smoke Detector(s) -
Accessibility Features
Accessible Full BathLaundry Features
OtherPatio And Porch
Patio,PorchConstruction Materials
BrickProperty Condition
Resale
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Lot Information
Lot Size (Acr): 0.57 Land Lot: 123 Lot Size Source: Public Records Lot Features: Corner Lot -
Property Information
Property Type: Residential Property Sub Type: Single Family Residence Structure Type: House Subdivision: Rainbow Estates City: Decatur State: GA Directions: I-20 to Gresham Rd. Proceed out of the perimeter to Left on Rainbow Dr. The house is on the right. Property Status: Coming Soon
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Listing Price Information
Original List Price: $465,000
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Tax Information
Annual Tax: $1533 Tax Year: 2025 Tax Block: A Tax Lot: 1 -
Home Warranty
Home Warranty Paid: No
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Parking Information
Parking: 2 Parking Features: Attached,Garage,Garage Door Opener,Kitchen Level,Side/Rear Entrance -
Homeowners Association Information
Association: No Annual Association Fee: 0 Calculated Total Monthly Association Fees: 0 Association Fee Includes: Other Community Features: None
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School Information
Elementary School: Rainbow High School: Southwest Dekalb Middle School: Chapel Hill Source Neighborhood: Rainbow Estates
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4761 Jakes Trail, Decatur, GA, 30034 | $265,000 | 4 | 3 | 2,269 | 2,269 SqFt |
| 4761 Jakes Trail, Decatur, GA, 30034 | $265,000 | 4 | 2 | 2,269 | 2,269 SqFt |
| 4657 Wonder Valley Trail, Decatur, GA, 30034 | $240,000 | 3 | 2 | -- | |
| 4699 Huntsman Bend, Decatur, GA, 30034 | $199,500 | 5 | 2 | -- | |
| 4699 Huntsman Bend, Decatur, GA, 30034 | $199,500 | 5 | 2 | -- | |
| 4568 Wonder Valley Trail, Decatur, GA, 30034 | $219,900 | 3 | 2 | 1,741 | 1,741 SqFt |
| 4453 Blackbirch Lane, Decatur, GA, 30034 | $219,900 | 4 | 2 | 2,084 | 2,084 SqFt |
| 4505 Wonder Valley Trail, Decatur, GA, 30034 | $252,000 | 4 | 2 | -- | |
| 4505 Wonder Valley Trail, Decatur, GA, 30034 | $252,000 | 4 | 2 | -- | |
| 3154 Snapfinger Lane, Decatur, GA, 30034 | $280,000 | 3 | 3 | 2,254 | 2,254 SqFt |
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 Georgia MLS. All rights reserved.
ByOwner last updated this listing 07/31/2026 @ 07:44
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