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$425,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,786 Sq. Ft.
  • 1 Car Garage
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Well-kept Dallas home offering comfort, space and investment potential. Features 3 beds, 2 baths, open living area and storage-filled kitchen. Spacious, private backyard perfect for entertaining or gardening. Garage is partially converted ADU with 2nd bath, kitchenette and walk-in closet. County records show 2 beds/1 bath, 1258 SqFt - buyer to do due diligence. Close to schools, shopping and parks. Don't miss this opportunity!

Full Property Details for 221 SW Rainbow Ave

General

  • Price: $425,000
  • Taxes: $2,306 (2024)
  • Status: Active
  • Type: Single Family
  • Source: ODS
  • MLS ID: 220208019
  • Updated: 9/22/2025
  • Added to Site: 151 day(s) ago

Interior

  • Rooms/Areas: Dining Room, Laundry, Kitchen, Living Room
  • Flooring: Carpet, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Detached
  • Parking: Detached

Location

  • Area: 1786
  • County: Polk
  • Subdivision: N/A
  • Driving Directions: Ellendale Ave to SW Jasper St to SW Rainbow Ave

School Information

  • Elementary School: Lyle Elem
  • Middle School: LaCreole Middle
  • High School: Dallas High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Zoned

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Common Walls: No Common Walls
  • Stories/Levels: 2
  • Square Feet: 1,786
  • Sq. Ft. Source: Other
  • Living Area: 1,786 Sq. Ft.
  • Year Built: 1951

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,405
  • Street/Road Desc.: Paved
  • Zoning: RS

Financial Considerations

  • Tax Amount: $2,306.19
  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • APN: 133744
  • Section: Not Applicable
  • Block: 5
  • Lot Number: 4

Listed by Coho Realty (503) 385-8835, Peter Braunworth (503) 385-8835

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Listing agent

— 221 SW Rainbow Ave —

  • Peter Braunworth

    Coho Realty

    503-385-8835

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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!

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NMLS#: 1598647

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with our affiliated in-house agency

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

Schools serving 221 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
4-51.2 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 221 SW Rainbow Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/22/2025
Price Reduced
$425,000
-2.3%
MLS
9/12/2025
Price Reduced
$435,000
-2.25%
MLS
8/20/2025
Listed
$445,000
131.77%
MLS
7/10/2017
Sold
$192,000
—
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 221 SW Rainbow Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,306
4%
$163,470
3%
2023
$2,218
6%
$158,710
6%
2021
$2,100
-3%
$149,610
-3%
2022
$2,159
3%
$154,090
6%
2021
$2,100
6%
$145,260
3%
2019
$1,981
—
$141,030
3%
2018
$1,976
4%
$136,930
3%
2017
$1,898
—
$132,950
3%
2016
$1,901
3%
$129,080
3%
2015
$1,848
1%
$125,330
3%
2014
$1,822
7%
$121,680
4%
2013
$1,706
—
$116,460
—
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.

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Listed by Coho Realty (503) 385-8835, Peter Braunworth (503) 385-8835

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221 SW Rainbow Avenue, Dallas, OR 97338 (MLS# 220208019) is a Single Family property with 3 bedrooms and 2 full bathrooms. 221 SW Rainbow Avenue is currently listed for $425,000 and was received on August 20, 2025. Want to learn more about 221 SW Rainbow Avenue? 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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