209 Rickenbacker St Lancaster, SC 29720
Lancaster AreaEstimated payment $5,366/month
Highlights
- 0.88 Acre Lot
- No HOA
- Baseboard Heating
- Buford Middle School Rated 9+
- Living Room
About This Home
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.
Listing Agent
Premier South Brokerage Email: stacyjohnsonbelmont@gmail.com License #283779 Listed on: 06/12/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 38,333 Sq Ft Lot
- Additional Parcels
Interior Spaces
- 6,720 Sq Ft Home
- Living Room
- Crawl Space
- Washer and Electric Dryer Hookup
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Full Bathrooms
Parking
- Driveway
- On-Street Parking
Schools
- Brooklyn Springs Elementary School
- A.R. Rucker Middle School
- Lancaster High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0081A-0A-031.00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $798 | $1,857 | $139 | $1,718 |
| 2024 | $709 | $1,614 | $220 | $1,394 |
| 2023 | $723 | $1,614 | $220 | $1,394 |
| 2022 | $724 | $1,614 | $220 | $1,394 |
| 2021 | $714 | $1,614 | $220 | $1,394 |
| 2020 | $611 | $1,404 | $222 | $1,182 |
| 2019 | $715 | $1,404 | $222 | $1,182 |
| 2018 | $456 | $1,404 | $222 | $1,182 |
| 2017 | $572 | $0 | $0 | $0 |
| 2016 | $575 | $0 | $0 | $0 |
| 2015 | $528 | $0 | $0 | $0 |
| 2014 | $528 | $0 | $0 | $0 |
| 2013 | $528 | $0 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/11/2026 08/11/26 | Price Changed | $965,000 | -2.0% | $144 / Sq Ft |
| 06/12/2026 06/12/26 | For Sale | $985,000 | -- | $147 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $10,500 | -- |
Source: Canopy MLS
MLS Number: 4392585
APN: 0081A-0A-031.00
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Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.