(864) 362-2375
3421 Rainbow Drive
$414,000

3421 Rainbow Drive, Decatur, GA 30034

6Beds
5Baths
7,677SQFT
0.57Acres
1966YearYear Built

About This Home

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.

Location

Key Facts

Status: Active
Type: Residential
Neighborhood: Rainbow Estates
Fireplace: Yes
Annual Taxes: $1,533
HOA Fees: $0
MLS: Georgia
MLS #: 10813724

Features

Single Family Residence
Oven
Cooktop
Dishwasher
Gas Water Heater
Microwave
Stainless Steel Appliance(s)

Mortgage Calculator

$2,093Estimated monthly payment

Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.

History

Current list price: $414,000
Status: Active — For Sale
Recent change: Price reduced
Days on market: 87
Last updated: Oct 26, 2026

Schools

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Source MLS #: 10813724
Last updated: Oct 26, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.