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    Adjacent Single-Family Rental Portfolio Title is generated by Realmo AI

    209 Rickenbacker Street, Lancaster, SC 29720

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    Claim this Listing
    New
    For Sale
    $985,000

    MULTI_FAMILY - Lancaster, SC

    Lot size:
    0.88 Acres
    Added:
    Jun 12, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 12 at 11:06 pm

    Property Features for 209 Rickenbacker Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    CITY
    Bedrooms
    8
    Bathrooms
    8
    Rooms
    Bathroom 2, Bedroom 3, Bedroom 7, Bathroom 3, Bedroom 6, Bedroom 8, Bathroom 1, Bathroom 8, Bedroom 1, Bedroom 2, Bathroom 5, Bathroom 6, Bathroom 4, Bedroom 5, Bathroom 7, Bedroom 4
    Parking features
    Driveway, On Street
    Pets allowed
    Yes
    Standard status
    Active
    APN
    0081A-0A-031.00
    Lot size
    0.88 Acres

    Taxes and HOA fees

    Tax Description
    46X72.5X46X75 SPLIT SEE PCL 14-19 & 31

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1950
    Number of units
    8
    Building materials
    Block

    We can help!

    Listing Contact
    Stacy Johnson
    Stacy Johnson

    Listing agent Stacy Johnson

    Listing office Premier South 109 S Main St, Belmont, SC

    Listing date Jun 12, 2026

    MLS# 4392585 Listing URL

    Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Eight‑home single‑family rental portfolio in Lancaster, SC, with all properties adjacent on the same street
    • Each home is a 2‑bedroom, 1‑bath single‑family residence
    • Portfolio is 100% occupied and generates approximately $7,000 in gross monthly rental income
    • 20' x 20' storage warehouse located behind 237 Rickenbacker Street, with most contents conveying at closing
    • Vacant lot situated between the corner and 237 Rickenbacker Street, included with the offering
    • Annual expenses across all properties include approximately $2,188 insurance premiums and $8,349 property taxes

    Overview

    This offering consists of an eight-home single-family rental portfolio with each residence configured as 2-bedroom, 1-bath homes. The properties are adjacent to one another on the same street, which can simplify day-to-day oversight of the portfolio. The sale also includes a 20' x 20' storage warehouse located behind 237 Rickenbacker Street, with most contents conveying at closing, as well as a vacant lot situated between the corner and 237 Rickenbacker Street. Per the seller’s information, the portfolio is 100% occupied, and several tenants have resided in the homes for 10 to 20+ years.

    The property is located at 209 Rickenbacker Street in Lancaster, SC. The listing notes the homes are within a five-minute walk of the city pool and Wylie Street Park. The seller will be present for all showings, and tenants should not be disturbed or contacted under any circumstances.

    For buyers seeking an income-producing rental portfolio with an all-adjacent configuration, this combination of eight fully occupied homes plus an on-site storage warehouse and an additional vacant lot may appeal as a straightforward package. Reported annual expenses include insurance premiums totaling approximately $2,188 and property taxes totaling approximately $8,349 across all properties, and the portfolio is reported to generate approximately $7,000 in gross monthly rental income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    South Carolina
    Longitude
    -80.7761906
    Latitude
    34.7163574

    FAQs

    What type of property is this?
    Single family property - Eight adjacent 2BR/1BA rentals with a storage warehouse and included vacant lot, currently fully occupied.
    Where is this single family property located?
    The property is located at 209 Rickenbacker Street Lancaster, SC.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: Eight‑home single‑family rental portfolio in Lancaster, SC, with all properties adjacent on the same street; Each home is a 2‑bedroom, 1‑bath single‑family residence; Portfolio is 100% occupied and generates approximately $7,000 in gross monthly rental income
    More about this property
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