Map location of 4148 Rainbow Drive, Decatur, GA 30034
$240,000
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4148 Rainbow Drive, Decatur, GA 30034

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0 Beds
0 Baths
2,180 Sq Ft

Great location! 5+ bedrooms, 2 bath on 1.5 acres. Fixer upper. Savvy buyer can renovate and possibly add second home on property. Previously used as a transition home for a nursing home. Near Wesley Chapel and I-20. Sold "As Is". The property is used for transitional housing. The 7 tenants pay $500- $600 per month each on month to month leases. It was originally a recovering alcohol and drug abuse facility with a state contract. It housed 2 people per room at $500.00 per bed.(this program would have to be re-instated). The roof is a 35 year architectural roof installed in 2018. The HVAC was installed in 2019. The hot water heater was installed in 2020. It has newer double insulated windows. The building is "sprinked" for a commerical building. It has upgraded plumbing for handicap bathroom (permitted). It has upgraded electrical. It has hardwired smoke detectors. It sits on 1.5+ commercially zoned acres.

Listing By: Geary Jaco - Coldwell Banker Realty gamls Realty.com
  • MLS# 10189601
  • Date Listed08/08/2023
  • Bedrooms 0
  • Bathrooms
  • Lot Size 1.54 acres (67,257 sq. ft)
  • Sewer Septic Tank
  • Subdivision NONE
  • Property Type Business Opportunities
  • County DeKalb
  • Year Built 1960
  • Water Public
  • Square Feet 2,180 sq. ft
  • Price Per Sq. Ft $110.09

Interior Features

  • Flooring Vinyl, Carpet
  • Cooling Central Air
  • Heating Electric Heating

Exterior / Lot Features

  • Roof Other
  • Lot Size Acres 1.54
  • Lot Size SQFT 67,256.64
  • Lot Features Level

Directions

I-20 to Wesley Chapel - Right on Rainbow turn into driveway.

Financial Considerations

  • Tax Amount $1,668
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Rainbow Elementary School

Public • PK - 5 • Serves this home

0.77 mi

Distance

Canby Lane Elementary School

Public • PK - 5

1.25 mi

Distance

Bob Mathis Elementary School

Public • PK - 5

2.34 mi

Distance

Chapel Hill Elementary School

Public • PK - 5

2.76 mi

Distance

Edward L. Bouie- Sr. Elementary School

Public • PK - 5

3.16 mi

Distance

Snapfinger Elementary School

Public • PK - 5

3.27 mi

Distance

Columbia Elementary School

Public • PK - 5

3.44 mi

Distance

Woodridge Elementary School

Public • PK - 5

3.71 mi

Distance

Browns Mill Elementary School

Public • PK - 5

3.81 mi

Distance

Narvie Harris Elementary School

Public • PK - 5

3.83 mi

Distance

Columbia Middle School

Public • 6 - 8 • Serves this home

2.49 mi

Distance

Chapel Hill Middle School

Public • 6 - 8

2.76 mi

Distance

Mary Mcleod Bethune Middle School

Public • 6 - 8

2.88 mi

Distance

Miller Grove Middle School

Public • 6 - 8

3.68 mi

Distance

International Student Center

Public • 3 - 12

4.87 mi

Distance

Salem Middle School

Public • 6 - 8

5.1 mi

Distance

Wadsworth Magnet School For High Achievers

Public • 4 - 8

5.19 mi

Distance

Redan Middle School

Public • 6 - 8

6.07 mi

Distance

Ronald E Mcnair Middle School

Public • 6 - 8

6.66 mi

Distance

Cedar Grove Middle School

Public • 6 - 8

6.77 mi

Distance

Southwest Dekalb High School

Public • 9 - 12 • Serves this home

0.77 mi

Distance

Columbia High School

Public • 9 - 12

3.27 mi

Distance

Dekalb High School Of Technology South

Public • 10 - 12

4.41 mi

Distance

Towers High School

Public • 9 - 12

4.52 mi

Distance

Martin Luther King- Jr. High School

Public • 9 - 12

5.09 mi

Distance

Miller Grove High School

Public • 9 - 12

5.97 mi

Distance

Redan High School

Public • 9 - 12

6.29 mi

Distance

Cedar Grove High School

Public • 9 - 12

6.34 mi

Distance

Dekalb School Of The Arts

Public • 9 - 12

6.63 mi

Distance

Decatur High School

Public • 9 - 12

9.05 mi

Distance

Basix Knowledge Academy

Private • 09 - 12

2.49 mi

Distance

Greenforest Mccalep Christian Academy

Private • PK - 12

3.22 mi

Distance

Anointed Word Christian Schools International

Private • PK - 12

5.97 mi

Distance

Threshold Community School Program

Private • 06 - 12

6.69 mi

Distance

His Academy Christian School

Private • KG - 12

6.79 mi

Distance

Sudbury School Of Atlanta

Private • KG - 12

7.03 mi

Distance

Millers Military Academy

Private • KG - 12

7.32 mi

Distance

The Ellis School Of Atlanta

Private • KG - UG

7.93 mi

Distance

Academe Of The Oaks

Private • 09 - 12

7.93 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in GA / 30034

Source: Walk Score

50/100

Somewhat Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

42/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 23/100, Transit Score: 5/100, Bike Score: 20/100.

Frequently Asked Questions for 4148 Rainbow Drive

Source: Realty.com

4148 Rainbow Drive, Decatur, GA 30034 is a Business Opportunities, Commercial property listed for $240,000 The property is 2180 sq. ft with 0 bedrooms and 0 bathrooms

Realty.com has 3 photos of 4148 Rainbow Drive.

Our records indicate that 4148 Rainbow Drive was built in 1960.

The full address for this home is 4148 Rainbow Drive, Decatur, GA 30034.

4148 Rainbow Drive has been listed on Realty.com since Tue August 08, 2023

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 23/100, Transit Score: 5/100, Bike Score: 20/100.

There are 3 schools assigned to this home. Check out the schools near 4148 Rainbow Drive. Rainbow Elementary School (Grades: PK - 5), Columbia Middle School (Grades: 6 - 8), Southwest Dekalb High School (Grades: 9 - 12)

Listing provided courtesy of: Coldwell Banker Realty (tel: 404-262-1234)
Listing agent: Geary Jaco (tel: 770-889-3051) (#JACOGEARY)

This content last refreshed on 2026-04-26 09:05:04. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 4148 Rainbow Drive, Decatur, GA 30034 : MLS# 10189601

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