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3421 Rainbow Drive; Decatur, GA 30034

$465,000

7,677 Sq Ft
6 Bedrooms
5 Bathrooms
Attached
7811502
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.
Key Facts
  • Style:
  • Year Built: 1966
  • Status: Active
Schools
  • Elementary School: Rainbow
  • Middle School: Chapel Hill - Dekalb
  • High School: Southwest Dekalb
Bedrooms
  • Beds Total: 6
Bathrooms
  • Baths Full: 5
  • Baths Half: 0
  • Main Full Baths: 4
  • Master Bath Features: Double Vanity, Separate Tub/Shower, Whirlpool Tub

Learn more about this property...

Private & Public Schools Nearby

  • 1 / 5
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    Rainbow Elementary School
    2801 KELLEY CHAPEL ROAD; Decatur, GA 30034
    Public PK-5th  |  430 students
    Metro Atlanta School Rank: 936th
  • 1 / 5
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    Chapel Hill Middle School
    3535 DOGWOOD FARM ROAD; Decatur, GA 30034
    Public 6th-8th  |  775 students
    Metro Atlanta School Rank: 397th
  • 2 / 5
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    Southwest DeKalb High School
    2863 KELLEY CHAPEL ROAD; Decatur, GA 30034
    Public 9th-12th  |  1,189 students
    Metro Atlanta School Rank: 260th

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Listing information last updated on August 16, 2026
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