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$365,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,226 Sq. Ft.
  • Updated 4 hours ago

Next open house:

Open House: 10:00 AM - 2:00 PM

Saturday 1/24 10:00 AM - 2:00 PM

186 SW Rainbow Ave,Dallas, OR 97338

186 SW Rainbow AveDallasOR97338

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Open House from 10 to 2 this Saturday 1/24/26. Beautiful remodel & addition! New: electrical, plumbing, windows, hvac insulation, carpet, cabinetry, siding, paint, driveway, fencing, etc. This home is near completion! We are reaching final stages of the project and would welcome an established buyer's final choices of trim colors and preferences.3 bedroom, 1 bathroom. Great kitchen with plenty of storage and counter space! New bathroom includes double sink vanity and tons of storage! Large laundry room! Fully fenced, private back yard. New covered patio. Huge driveway with plenty of parking! More photos to come. Call or stop by for a tour.

Full Property Details for 186 SW Rainbow Ave

General

  • Price: $365,000
  • Taxes: $1,367 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 225860587
  • Updated: Today (1/21/2026)
  • Added to Site: Today

Interior

  • Interior Features: Laminate Flooring, Vinyl Floor, Wall to Wall Carpet
  • Appliances: Microwave

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: Main
  • Bedroom 2: Main
  • Bedroom 3: Main

Other Rooms

  • Living Room: Main
  • Kitchen: Main
  • Dining Room: Main

Additional Information

  • Security/Safety: None

Exterior

  • Exterior Features: Covered Patio, Yard

Parking

  • Parking Features: Driveway, On Street

Location

  • County: Polk
  • Driving Directions: SW Jasper St.

School Information

  • Elementary School: Lyle
  • Middle School: Lacreole
  • High School: Dallas

Community

  • Community Name: 167 - Polk Co: Except Salem

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Heat Pump
  • Heating Type: Heat Pump
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: Contemporary
  • Basement Desc.: None
  • Roof: Composition
  • Windows: Double Pane Windows, Vinyl Frames
  • Stories/Levels: 1
  • Square Feet: 1,226
  • Year Built: 1944
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227
  • Lot Size: 5, 000 to 6, 999 SqFt
  • Frontage: Paved
  • Lot Features: Level

Financial Considerations

  • Tax Amount: $1,367.2
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Disclosures and Reports

  • Legal Description: BLK 1 LOT 11
  • Disclosures/Reports: Disclosure
  • Property ID: 129572

Listed by Save Big Realty (541) 708-3898, Jared Barnes (541) 708-3898

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Listing agent

— 186 SW Rainbow Ave —

  • Jared Barnes

    Save Big Realty

    541-708-3898

541-708-3898

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with our affiliated lender
NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 186 SW Rainbow Ave

School District:Dallas School District 2
NameGradesDistance
Lyle Elementary School
185 Southwest Levens Street, Dallas, OR 97338
K-30.2 mi
Whitworth Elementary School
1151 Southeast Miller Avenue, Dallas, OR 97338
4-51.1 mi
Lacreole Middle School
701 Southeast Lacreole Drive, Dallas, OR 97338
6-80.8 mi
Dallas High School
1250 Southeast Holman Avenue, Dallas, OR 97338
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 186 SW Rainbow Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/21/2026
Listed
$365,000
87.18%
MLS
7/21/2025
Sold
$195,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 186 SW Rainbow Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,327
4%
$94,080
3%
2023
$1,276
6%
$91,340
6%
2021
$1,209
-3%
$86,100
-3%
2022
$1,243
3%
$88,680
6%
2021
$1,209
6%
$83,600
3%
2019
$1,140
—
$81,170
3%
2018
$1,137
4%
$78,810
3%
2017
$1,093
-1%
$76,520
3%
2016
$1,100
1%
$74,300
3%
2015
$1,084
3%
$72,140
3%
2014
$1,050
3%
$70,040
3%
2013
$1,024
—
$68,000
—
View All
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 for 186 SW Rainbow Ave

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NMLS#: 1598647

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Listed by Save Big Realty (541) 708-3898, Jared Barnes (541) 708-3898

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Price Reduced near 186 SW Rainbow Ave

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228-230-232 W Clay St, Monmouth, OR 97361 - Photo 1 Price Reduced
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228-230-232 W Clay St  Monmouth, OR 97361

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  • 8
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  • 2,572
    Sq. Ft.
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Recent Sales near 186 SW Rainbow Ave

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Jasper Crossing Parcel 2 225 NW Jasper St, Dallas, OR 97338 - Photo 1 Sold
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    Sq. Ft.
Listed By: JESSICA. COLES | More Realty
Sold by JUSTIN. BRADLEY | Redfin
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139 SE Hankel St  Dallas, OR 97338

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Sold by Redfin, Justin Bradley
287 Bonanza Av, Dallas, OR 97883 - Photo 1 Sold
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287 Bonanza Av  Dallas, OR 97883

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    Sq. Ft.
Listed By: MAYA. JONES | Homesmart Realty Group and ALEJANDRO. LUMBRERAS | Homesmart Realty Group
Sold by MARIAH. CRAWFORD | Real Broker

186 SW Rainbow Ave, Dallas, OR 97338 (MLS# 225860587) is a Single Family property with 3 bedrooms and 1 full bathroom. 186 SW Rainbow Ave is currently listed for $365,000 and was received on January 21, 2026. Want to learn more about 186 SW Rainbow Ave? Do you have questions about finding other Single Family real estate for sale in Dallas? You can browse all Dallas real estate or contact a Coldwell Banker agent to request more information.

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