Raeanne Warnock

3421 Rainbow Drive

Decatur, GA
$ 440,000 Beds 6 Baths 5 Sq 7,677
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 440,000
  • City
  • Decatur
  • Bedrooms
  • 6
  • Full Bathrooms
  • 5
  • County
  • DeKalb
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.57 Acres
  • Zip
  • 30034
  • Sqr Footage
  • 7,677
  • Year Built
  • 1966
  • Taxes
  • $ 1533
  • Style
  • Brick 4 Side, Ranch, Traditional
  • MLS#
  • 10813724
Listed By: Rachael King with Real Broker, LLC;
Data Source: Georgia MLS (GAMLS)

Features

General

Sewer Public Sewer
Heating Natural Gas,Zoned
Cooling Ceiling Fan(s),Central Air,Zoned
Utilities Cable Available,Electricity Available,High Speed Internet,Natural Gas Available,Phone Available,Sewer Connected,Water Available
Roof Composition
Appliances Cooktop,Dishwasher,Gas Water Heater,Microwave,Oven,Stainless Steel Appliance(s)
Association Fee Includes Other
Patio/Porch Features Patio,Porch
Architectural Style Brick 4 Side,Ranch,Traditional
Security Features Smoke Detector(s)
Construction Materials Brick
Year Built 1966
View City
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Community Features None
Accessibility Accessible Full Bath
County DeKalb
New Construction false
Property Type Residential
HOA true
Attached Garage true
Energy Efficient Appliances,Thermostat
Subdivision Name Rainbow Estates
Garage Y/N true
Full Baths 5
Status Active
Directions I-20 to exit 66 Columbia Dr. Proceed out of the perimeter to Left on Rainbow Dr. The house is on the right.
High School Southwest Dekalb
City Decatur
Body of Water None
Lot Size Units Square Feet
Lot Size Square Feet 24829.2
Carport Y/N false
Spa Features Bath
Elementary School Rainbow
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 1533
Home Warranty Y/N false
Middle/Junior High School Chapel Hill
Property Condition Resale
Structure Type House
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active

Interior Features

Interior Amenities Bookcases,Double Vanity,High Ceilings,Master On Main Level,Separate Shower,Tile Bath,Tray Ceiling(s),Vaulted Ceiling(s),Walk-In Closet(s)
Basement Bath Finished,Daylight,Exterior Entry,Finished,Full,Interior Entry
Flooring Carpet,Hardwood,Laminate,Tile
Total Fireplaces 1
Fireplace Features Family Room
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N true
Above Grade Finished Area 6677
Laundry Features Other
Total Bedrooms 6
Below Grade Finished Area 1000
Main Level Bedrooms 4
Main Level Bathrooms 4
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Public Records
Above Grade Finished Area Unit Type Square Feet
Kitchen Features Breakfast Area,Breakfast Bar,Breakfast Room,Kitchen Island,Pantry,Solid Surface Counters
Total Baths 5
Dining Room Features Seats 12+,Separate Room

Exterior Features

Vegetation Grassed
Parking Features Garage,Attached,Kitchen Level,Garage Door Opener,Side/Rear Entrance
Lot Features Corner Lot
Water Source Public
Total Parking 2
Lot Size Area 24829.2
Spa true
Building Area Total 7677
Lot Size Acres 0.57
Lot Size Source Public Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Statesboro, GA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Rainbow Elementary School
Middle School Chapel Hill Middle School
High School Southwest Dekalb High School

Price History

7/27/2026 Listed $465,000
9/18/2026 5% - $440,000

Property vs Zip Code Average in 30034

Price
AVG $290K
$440K
Taxes
AVG $5,112
$1,533
Year Built
AVG 1982
1966

In The Neighborhood

Areas That We Cover

3421 Rainbow Drive Decatur, GA is a Single Family Home for sale at $440000 with 7677 sqft and a lot size of 0.57 Acres Acre(s). 3421 Rainbow Drive Decatur has 6 bedrooms, 5 baths and was built in 1966. The property's zip code is 30034 which is in Decatur, GA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Raeanne Warnock

Raeanne Warnock

Sales Associate

912-856-2619

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