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 beds: 6Bathroom Information
Total Baths: 5 Full Baths: 5Room Information
Has Basement: Yes Basement: Daylight, Exterior Entry, Finished, Full -
Flooring Information
Carpet, Hardwood, Laminate, Tile -
Roofing Information
Shingle -
Interior Features
Breakfast Bar, Eat-in Kitchen, Pantry, Kitchen Island, Bookcases, Coffered Ceiling(s), Crown Molding, Double Vanity, Entrance Foyer, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Master Downstairs Roof: Shingle Appliances: Dishwasher, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave Laundry Features: Laundry Room, Main Level Window Features: Double Pane Windows -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Zoned Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air
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Building Information
Year Built: 1966 Building Area Total: 7677 Patio And Porch Features: Front Porch Pool Features: None Private Pool: No View: City -
Exterior Features
Exterior Features: Courtyard, Private Entrance
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Lot Information
Lot Dimensions: 120 x 200 Lot Size Acres: 0.57 Lot Size Source: Public Records Lot Description: Back Yard, Corner Lot, Front YardProperty Information
Subdivision: Rainbow Estates Source Property Type: Residential Postal Code Plus 4: 1808 Property SubType: Single Family Residence Levels: One Property Age: 60
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Listing Price Information
Listing Price: $465000 Cash
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Tax Information
Tax Lot: 1 Tax Block: A Tax Year: 2025 Annual Tax: $1533 Tax Legal Desc: PB 43 PG 116
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Parking Information
Parking Total: 3 Attached, Driveway, Garage, Garage Door Opener, Garage Faces Side, Kitchen LevelGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 2
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School Information
Elementary School: RainbowJunior High School: Chapel Hill - DekalbSenior High School: Southwest Dekalb -
Utility Information
Cable Available, Electricity Available -
Location Information
Direction: I-20 to Gresham Rd. Proceed out of the perimeter to Left on Rainbow Dr. The house is on the right. WaterSource: Public Security Features: Smoke Detector(s)
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 | $264,910 | 4 | 2 | -- | |
| 4505 Wonder Valley Trail, Decatur, GA, 30034 | $264,910 | 4 | 2 | -- | |
| 3154 Snapfinger Lane, Decatur, GA, 30034 | $280,000 | 3 | 3 | 2,254 | 2,254 SqFt |
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ByOwner last updated this listing 07/30/2026 @ 03:08
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