Date
Details
Price
Change
Source
7/27/2026
Listed
$465,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$465,000
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Property Description
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.
Full Property Details
Full Property Details for 3421 Rainbow Dr
General
- Price: $465,000
- Taxes: $1,533 (2025)
- Status: Active
- Type: Single Family
- Source: FMLS_Atlanta
- MLS ID: 7811502
- Updated: 8/2/2026
- Added to Site: 29 day(s) ago
Interior
- Interior Features: 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)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room
- Appliances: Dishwasher, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
- Flooring: Carpet, Hardwood, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Main Floor Baths: 4
- Primary Bathroom: Double Vanity, Separate Tub/Shower, Whirlpool Tub
Bedrooms
- Total Bedrooms: 6
- Bedrooms Main: 4
- Bedroom Features: Master on Main, Oversized Master Bedroom
Other Rooms
- Kitchen: Breakfast Bar, Breakfast Room, White Cabinets, Eat-in Kitchen, Kitchen Island, Pantry, Solid Surface Counters, View to Family Room
- Dining Room: Seats 12 or More, Separate Dining Room
- Laundry: Laundry Room, Main Level
Additional Information
- Amenities: None
- Security/Safety: Smoke Detector(s)
- Equipment: None
Exterior
- Exterior Features: Courtyard, Private Entrance
- Porch/Patio/Deck: Front Porch
Parking
- Garage Spaces: 2
- Total Spaces: 3
- Parking Features: Attached, Driveway, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level, Level Driveway
Location
- County: Dekalb
- Subdivision: Rainbow Estates
- Driving Directions: I-20 to Columbia Dr. Proceed out of the perimeter to Left on Rainbow Dr. The house is on the right.
School Information
- Elementary School: Rainbow
- Middle School: Chapel Hill - Dekalb
- High School: Southwest Dekalb
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Natural Gas, Zoned
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Available
Structural Information
- Architectural Style: Ranch, Traditional
- Detached/Attached: Detached
- Exterior Const.: Brick 4 Sides
- Basement: Yes
- Basement Desc.: Daylight, Driveway Access, Exterior Entry, Finished, Finished Bath, Full
- Roof: Shingle
- Common Walls: No Common Walls
- Windows: Double Pane Windows
- Stories/Levels: One
- Square Feet: 7,677
- Sq. Ft. Source: Public Records
- Year Built: 1966
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: City
- Lot Size (Acres): 0.57
- Lot Size Source: Public Records
- Lot Dimensions: 120 x 200
- Frontage: City Street
- Street/Road Desc.: Asphalt, Paved
- Lot Features: Back Yard, Corner Lot, Front Yard
- Fencing (Description): None
Financial Considerations
- Tax Amount: $1,533
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Special Conditions: Probate Listing
- Property ID: 15 123 02 060
- Block: A
- Lot Number: 1
Listed by Real Broker, LLC.
Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Aug 22 2026 10:8PM
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Listing agent
— 3421 Rainbow Dr —
Real Broker, LLC.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 3421 Rainbow Dr
School District:Dekalb County School District
| Name | Grades | Distance |
|---|---|---|
Columbia Elementary School 3230 Columbia Woods Drive, Decatur, GA 30032 | PK-5 | 0.8 mi |
Columbia Middle School, Decatur, GA 3001 Columbia Drive, Decatur, GA 30034 | 6-8 | 1 mi |
Columbia High School 2106 Columbia Drive, Decatur, GA 30032 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3421 Rainbow Dr
Tax History
Tax History for 3421 Rainbow Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,533
-13%
$260,800
1%
2024
$1,759
9%
$257,680
19%
2023
$1,613
-9%
$216,680
-1%
2022
$1,777
—
$219,160
16%
2021
$1,777
—
$189,400
27%
2021
$1,777
14%
$149,400
3%
2019
$1,563
41%
$145,280
54%
2017
$1,106
17%
$94,400
-8%
2016
$944
288%
$102,840
9%
2014
$243
—
$94,400
269%
2014
$243
8%
$25,600
—
2013
$226
—
$25,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3421 Rainbow Dr
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
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- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 3Total Baths
Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Aug 22 2026 10:8PM
3421 Rainbow Drive, Decatur, GA 30034 (MLS# 7811502) is a Single Family property with 6 bedrooms and 5 full bathrooms. 3421 Rainbow Drive is currently listed for $465,000 and was received on July 27, 2026. Want to learn more about 3421 Rainbow Drive? Do you have questions about finding other Single Family real estate for sale in Decatur? You can browse all Decatur real estate or contact a Coldwell Banker agent to request more information.