$965,000
Original price: $985,000
- 16 Beds
- 8 Baths
- 6,720 sqft (on 0.88 acres)
209 Rickenbacker St, Lancaster, SC 29720
Est. Mortgage $5,648/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1950
0.88 acre lot
$144/sqft
Open Parking
Local Information
-- mins to
About this House
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.
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.
Last check for updates: about 4 hours ago
Listing Provided by: Stacy Johnson
Premier South
Source: Canopy MLS as distributed by MLS GRID, MLS#4392585

Also Listed on Canopy MLS as distributed by MLS GRID.
Home Details for 209 Rickenbacker St
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 16Number of Bathrooms: 8Number of Bathrooms (full): 8 |
Dimensions and Layout Living Area: 6720 Square Feet |
Appliances & Utilities Appliances: NoneLaundry: Electric Dryer Hookup,Washer Hookup |
Heating & Cooling Heating: BaseboardHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard |
View No View |
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Exterior Home Features Foundation: Crawl Space |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: Driveway,On Street |
Frontage Responsible for Road Maintenance: Publicly Maintained RoadRoad Surface Type: Concrete, Paved |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
Finished Area Finished Area (above surface): 6720 Square Feet |
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Cumulative Days on Market: 60Days on Market: 99 |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: BlockNot a New ConstructionHas Additional Parcels |
Property Information Not Included in Sale: Ovens are provided by the tenantParcel Number: 0081A0A031.00Additional 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 |
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Price List Price: $965,000Price Per Sqft: $144 |
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Direction & Address City: LancasterCommunity: none |
School Information Elementary School: Brooklyn SpringsJr High / Middle School: A.R. RuckerHigh School: Lancaster |
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Listing Agent Listing ID: 4392585 |
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Building Area Building Area: 6720 Square Feet |
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Not Senior Community |
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Lot Area: 0.88 acres |
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Special Conditions: Undisclosed |
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Listing Terms: Cash, Conventional |
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Expense Tenant Pays: All Utilities |
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Owner Pays: None |
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Mls Number: 4392585Attribution Contact: stacyjohnsonbelmont@gmail.comAbove Grade Unfinished Area: 6720 |
Around this home
What Locals Say about Lancaster
At least 96 Trulia users voted on each feature.
88 % Say parking is easy
83 % Say yards are well-kept
77 % Say car is needed
67 % Say there's holiday spirit
59 % Say it's quiet
54 % Say kids play outside
54 % Say it's dog friendly
53 % Say they plan to stay for at least 5 years
51 % Say there's wildlife
43 % Say neighbors are friendly
43 % Say people would walk alone at night
38 % Say streets are well-lit
31 % Say there are sidewalks
30 % Say there are community events
24 % Say it's walkable to grocery stores
17 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
Market trends in Lancaster
Last updated August 2026
Avg. sale price
$326K
$5.08KMoM
Sale-to-List Price
—
Price per sq ft
$183
$2MoM
Available listings
346
9MoM
Home Value
Trulia Estimate
$875KSince last month
Decreased$28K (-3.1%)Since last year
Increased$777K (+792%)Since last sale
Increased$865K (+8,234.3%)Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.
Trulia Estimate
The of this home's value increased by +2,796% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $875K |
| July 2026 | $903K |
| May 2026 | $94K |
| April 2026 | $83K |
| March 2026 | $101K |
2025 | |
2023 | |
2022 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $259,900 | 4 | 2.5 | 1,725 | For Sale | |
0.09 | $185,000 | 3 | 2 | 1,144 | For Sale | |
0.07 | $282,100 | 4 | 2.5 | 1,710 | Off Market | |
0.10 | $263,300 | 4 | 2.5 | 1,508 | Off Market | |
0.12 | $241,400 | 4 | 2.5 | 1,508 | Off Market | |
0.11 | $189,000 | 3 | 1 | 1,063 | Off Market | |
0.15 | $213,500 | 4 | 1 | 1,823 | For Sale | |
0.17 | - | - | - | - | Off Market | |
0.20 | $187,000 | 2 | 1 | 1,035 | Recently Sold | |
0.19 | $182,400 | 3 | 2 | 1,209 | Off Market | |
0.18 | $180,000 | 3 | 1 | 1,351 | Recently Sold |
Price and Tax history
| Date | Event | Price |
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Aug 11, 2026 Source: Canopy MLS as distributed by MLS GRID #4392585 | PriceChange | $965,000 Price decreased by 2% |
Jun 12, 2026 Source: Canopy MLS as distributed by MLS GRID #4392585 | Listed For Sale | $985,000 |
Jun 14, 2023 Source: Zillow Rentals | ListingRemoved | |
Jun 10, 2023 Source: Zillow Rentals | Listed For Rent | $800 |
Feb 27, 2021 Source: N/A | ListingRemoved | |
Apr 14, 2020 Source: N/A | ListingRemoved | $600 |
Mar 25, 2020 Source: N/A | Listed For Rent | $600 |
Jan 21, 2019 Source: N/A | ListingRemoved | $550 |
Jan 18, 2019 Source: N/A | Listed For Rent | $550 |
Jan 20, 2011 Source: N/A | Sold | $10,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $798 | $49,600 |
Home facts updated by county records
LGBTQ Local Legal Protections
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Stacy Johnson, Premier South

Based on information submitted to the MLS GRID as of 2026-09-19 01:03:10 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 209 Rickenbacker St
- What is the estimated monthly payment for 209 Rickenbacker St?Based on a $965,000 list price with 20% down at today's rates, the estimated monthly payment for 209 Rickenbacker St in Lancaster, SC is approximately $5,771 (about $5,270 principal & interest, $426 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 209 Rickenbacker St compare to homes in Lancaster?209 Rickenbacker St in Lancaster, SC is listed at $965,000, about 196% above the $326K median sale price in Lancaster.
- What do residents say about Lancaster?Residents describe Lancaster, SC as easy to park in, well-kept, and quiet. Most residents say you need a car. See homes for sale in Lancaster, SC.
- What are the closest schools to 209 Rickenbacker St?The closest schools to 209 Rickenbacker St in Lancaster, SC are A. R. Rucker Middle School (rated 3/10), Brooklyn Springs Elementary School (Pre-K, rated 3/10), Lancaster High School (rated 2/10).
- Does 209 Rickenbacker St have air conditioning?Yes, 209 Rickenbacker St in Lancaster, SC has air conditioning.
- Does 209 Rickenbacker St have laundry facilities?Yes, 209 Rickenbacker St in Lancaster, SC has laundry facilities.
209 Rickenbacker St, Lancaster, SC 29720 is a 16 bedroom, 8 bathroom, 6,720 sqft multi-family built in 1950. This property is currently available for sale and was listed by Canopy MLS as distributed by MLS GRID on Jun 12, 2026. The MLS # for this home is MLS# 4392585.

