209 Rickenbacker St

Lancaster, SC 29720

$985,000
Price
8
Beds
6,720 Sq. Ft.
$147 / Sq. Ft.
6,720
Sq. Ft.
$147
per Sq. Ft.
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Description

Exceptional investment opportunity featuring an eight-home single-family rental portfolio in Lancaster, SC. All properties are adjacent to one another on the same street and consist of 2-bedroom, 1-bath residences, offering efficient management and maintenance advantages. The surrounding neighborhood is experiencing continued growth, with several new construction homes nearby and increasing rental rates supporting long-term appreciation potential. The portfolio currently generates approximately $7,000...Exceptional investment opportunity featuring an eight-home single-family rental portfolio in Lancaster, SC. All properties are adjacent to one another on the same street and consist of 2-bedroom, 1-bath residences, offering efficient management and maintenance advantages. The surrounding neighborhood is experiencing continued growth, with several new construction homes nearby and increasing rental rates supporting long-term appreciation potential. The portfolio currently generates approximately $7,000 in gross monthly rental income and is 100% occupied, with several tenants having resided in the properties for 10 to 20+ years, providing stable occupancy history. Annual expenses include approximately $2,188 in insurance premiums and $8,349 in property taxes across all properties. The offering also includes a 20' x 20' storage warehouse located behind 237 Rickenbacker Street, with most contents conveying at closing, as well as the vacant lot situated between the corner and 237 Rickenbacker Street, providing additional value and future potential. Conveniently located within a five-minute walk of the city pool and Wylie Street Park, the properties benefit from nearby recreational amenities. Seller will be present for all showings. Please DO NOT DISTURB TENANTS. Please DO NOT COMMUNICATE WITH THE TENANTS UNDER ANY CIRCUMSTANCES. Seller is a licensed real estate agent.
  1. Listed by Premier South • stacyjohnsonbelmont@gmail.com

Property Details for 209 Rickenbacker Street

Parking Features
Driveway, On Street
Subdivision Name
none
LISTING UPDATED: 06/12/2026 12:19 PM

Property Details for 209 Rickenbacker Street

StatusActive
MLS #4392585
Days on Market2
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Portfolio
Year Built1950
Lot Size0.88 AC / 38,332 SF
CountyLancaster County
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Location

Listing Courtesy of Premier South
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Building Information for 209 Rickenbacker Street

Stories-Residences-Year Built1950Building Size-Lot Size0.88 AC / 38,332 SF

Payment Calculator

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$4,968 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,908

Property Taxes

$60

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 209 Rickenbacker Street

Summary
Location and General Information
  • Longitude: -80.77619057
  • Zoning: CITY
  • Latitude: 34.71635739
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $395,800.00
  • Parcel Number: 0081A-0A-031.00
  • City Taxes Paid To: Lancaster
School Information
  • Middle Or Junior School: A.R. Rucker
  • High School: Lancaster
  • Elementary School: Brooklyn Springs
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport Spaces: 0.0
  • Parking: Carport YN: No
  • Garage Spaces: 0.0
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 6720.0
  • Below Grade Finished Area: 0.0
  • Lot Size Dimensions: See attachments
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: High
  • New Construction YN: No
  • Photos Count: 17
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Additional Parcels Description: 0081A-0A-013.00, 0081A-0A-014.00, 0081A-0A-015.00, 0081A-0A-016.00, 0081A-0A-017.00, 0081A-0A-018.00, 0081A-0A-019.00, 0081A-0A-021.00
  • Senior Community YN: No
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Public Sewer
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Pool Private YN: No
  • Road Surface Type: Concrete, Paved
Interior Features
  • Appliances: None
  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Foundation Details: Crawl Space
  • Basement YN: No
Multi Family
Multi-Family Information
  • Unit Type: Single Family
  • Unit Room Type: Living Room, Bathroom(s), Bedroom(s), Primary Bedroom, Kitchen
  • Number Of Units Total: 8
Rental
Rent Information
  • Tenant Pays: All Utilities
  • Pets Allowed: Yes

Property History for 209 Rickenbacker Street

DateEvent & SourcePriceAppreciation
Jun 12, 2026

Listed (Active)

CANOPY #4392585

$985,000—
Jan 20, 2011

Closed (Public Record)

Public Record #303100680

$10,500—
DateEvent & SourcePrice
06/12/2026

Listed (Active)

CANOPY #4392585

$985,000
01/20/2011

Closed (Public Record)

Public Record #303100680

$10,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 209 Rickenbacker Street

Taxable ValueLand$139Additions$1,718Total$1,857
Tax Record2023$723 ($60 / month)
Home Facts
Beds0Baths1Total Finished SqFt840 SqFtAbove Grade Finished SqFt840 SqFtStories1Lot Size2,090,880 SqFtStyleSingle Family ResidenceYear Built1950ZoningCITYCountyLANCASTERAPN0081A-0A-031.00

Schools near 209 Rickenbacker Street

This home is within Lancaster 01 School District.
Rating
School
Type
Grades
Distance
Brooklyn Springs Elementary School
Public - PK to 5
Buford Middle School
Public - 6 to 8
Lancaster High School
Public - 9 to 12
Discovery Charter of Lancaster
Charter - K to 5
Rating
School
Distance
Brooklyn Springs Elementary School
PublicPK to 5

Buford Middle School
Public6 to 8

Lancaster High School
Public9 to 12

Discovery Charter of Lancaster
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 209 Rickenbacker Street, Lancaster, SC 29720

209 Rickenbacker Street is a multi-family home for sale in Lancaster, SC 29720. This property was listed for sale on June 12, 2026 by Premier South, it's currently listed at $985,000. It has been on the market for a total of 2 days and was last sold on January 20, 2011. This listing's school district is Lancaster 01 School District. Nearby schools include Brooklyn Springs Elementary School, Buford Middle School and Lancaster High School. 209 Rickenbacker Street is a 8-bed, 8-bath, 6,720 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Premier South

Based on information submitted to the MLS GRID as of 06/12/2026 12:19 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.