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209 - 237 Rickenbacker Street
Lancaster SC 29720 US

$850,000

Active Listing ID 4436937
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2 bed
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8.00 Bath (8 Full)
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Lot: 0.88 Acres
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Other

$850,000

Active Listing ID 4436937
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209 - 237 Rickenbacker Street Excellent opportunity to invest in an established eight-home single-family rental portfolio in Lancaster, SC! Conveniently situated along the same street, these neighboring properties each feature 2 bedrooms and 1 bathroom, offering a streamlined approach to property management and maintenance. The portfolio is currently 100% occupied, generating approximately $7, 000 in gross monthly rental income, with several long-term tenants who have called these properties home for 10 to 20+ years. Annual expenses are approximately $2, 188 for insurance and $8, 349 for property taxes across the portfolio. Adding to the appeal is a 20' x 20' storage warehouse located behind 237 Rickenbacker Street, with most contents conveying at closing, along with a vacant lot between the corner and 237 Rickenbacker Street. The surrounding area features nearby new construction and is conveniently located within walking distance of the city pool and Wylie Street Park. Whether you're looking to expand an existing rental portfolio or invest in multiple income-producing properties in one location, this offering presents a unique opportunity! Seller will be present for all showings. DO NOT DISTURB OR COMMUNICATE WITH TENANTS UNDER ANY CIRCUMSTANCES.

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Property Features

  • Facts
  • Lot Size: 0.88 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 8
  • Cooling System: Window Unit(s)
  • Heating Fuels: Baseboard

School Information

  • School
  • Brooklyn Springs(Elementary)
  • A.R. Rucker(MiddleSchool)
  • Lancaster(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 850000
  • unparsedaddress: 209 - 237 Rickenbacker Street
  • postalcity: Lancaster
  • stateorprovince: SC
  • country: US
  • postalcode: 29720
  • bathroomsfull: 8
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.88
  • lotsizeunits: Acres
  • lotsizearea: 0.88
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 34.716364
  • longitude: -80.77609669
  • listagentfullname: Mike Morrell
  • listagentemail: mike@dreamteamunited.com
  • listagentkey: 3yd-CMLSNC-27683
  • listagentmlsid: 27683
  • listagentpreferredphone: 7044973365
  • listagentofficephone: 7044973365
  • listofficekey: 3yd-CMLSNC-487601
  • listofficemlsid: 487601
  • disclaimer: 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.
  • sourcesystemid: CMLSNC
  • yearbuilt: 1950
  • listingcontractdate: 2026-10-30
  • countyorparish: Lancaster
  • parcelnumber: 0081A-0A-031.00
  • elementaryschool: Brooklyn Springs
  • highschool: Lancaster
  • cooling: Window Unit(s)
  • constructionmaterials: Block
  • heating: Baseboard
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Driveway, On Street
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • rooms: Bathroom 7, Bathroom 8, Bedroom 1, Bathroom 5, Bedroom 2, Bathroom 6, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.7761, 34.716366
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Connected", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"mikemorrell@kw.com", "ListBrokerageCity":"Fort Mill", "ListBrokerageCountry":"US", "ListBrokerageEmail":"lisabass@kw.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Keller Williams Connected", "ListBrokeragePhone":"(803) 517-0017", "ListBrokeragePostalCode":"29708", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"901 Dave Gibson Blvd.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"901 Dave Gibson Blvd ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"487601", "ListOfficeCity":"Fort Mill", "ListOfficeCountry":"US", "ListOfficeEmail":"kwcbroker@gmail.com", "ListOfficePostalCode":"29708", "ListOfficeStateOrProvince":"SC", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, Lancaster, SC", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/209-Rickenbacker-St_Lancaster_SC_29720_M63365-13623?f=listhub&s=CMLSNC&m=4436937&c=rexren", "MLSModificationTimestamp":"2026-10-30 18:56:07", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"Lots 14, 15, 16, 17, 18, 19, 20, 21, 22 Rickenbacker Street Plat No. 2009-855", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
  • GarageSpaces: 0
Listing Changed: 11/3/2026 3:07:26 AM GMT
Source Updated Date: 11/4/2026 12:52:41 PM GMT

Courtesy of: Mike Morrell, Keller Williams Connected, mike@dreamteamunited.com

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.