3421 Rainbow Drive

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.

Details

Home type

Single Family Residence

County

Dekalb County

Year built

1966

Lot size (acres)

0.57

Annual tax

$1,533

Tax year

2025

Elementary school

Rainbow

Middle school

Chapel Hill - Dekalb

High school

Southwest Dekalb

Heating

Natural Gas, Zoned

Cooling

Ceiling Fan(s), Central Air

Appliances

Dishwasher, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave

Flooring

Carpet, Hardwood, Laminate, Tile

Basement

Daylight, Driveway Access, Exterior Entry, Finished, Finished Bath, Full

Parking

Attached, Driveway, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level, Level Driveway

Garage spaces

2

Levels

One

Style

Ranch, Traditional

Interior

Bookcases, Coffered Ceiling(s), Crown Molding, Double Vanity, Entrance Foyer, High Ceilings 10 ft Main, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)

Exterior

Courtyard, Private Entrance

Community

None

Pool

None

Days on market

90

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