$142,500

1406-1408 S Lulu Ave, Wichita, KS 67211

  • 1,598 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $89/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

1406/1408 S Lulu Ave presents a solid duplex opportunity for buyers focused on steady rental income and long-term equity growth. Whether you are looking to house hack or add a manageable multifamily property to your portfolio, this 2 unit property offers flexibility and upside at an approachable price point. Each side features a 2 bedroom, 1 bathroom layout with a simple, functional design that is easy to lease and maintain. One unit is currently vacant and available for showings, while the other is leased at $775 per month through September 30. Market rent for the vacant unit is projected around $800 per month, providing immediate opportunity to increase income. The single-level living layout in both units appeals to a broad tenant base and simplifies day-to-day management. The detached garage and additional on-site parking add value for both tenants and owners. Utilities are structured to keep expenses predictable, with tenants responsible for gas, water, and electric while ownership covers lawn care and trash. This is not a cosmetic showpiece, but it is a practical and income-producing property built for durability and function. Located just south of downtown Wichita with convenient access to Old Town, major highways, and daily amenities, the South Lulu location supports consistent rental demand while keeping acquisition costs reasonable. For buyers seeking a straightforward duplex with dependable rental potential, 1406/1408 S Lulu Ave offers a realistic and reliable path to ownership. Please do not disturb tenants.

Listing Status:
Active
Data Last Updated:
February 17, 2026 at 7:23AM
Listing Office:
Reece Nichols South Central Kansas : 316-978-9777
Listing Agent:
Joseph Hamer : 316-213-4986
MLS ID:
SCK666018
  • Appliances: Range
  • Basement: None
  • A/C: Electric
  • Heating: Forced AirNatural Gas
  • Style: Side by Side
  • Parking: OtherParking spaces: 4
  • Roofing: Composition
  • General: Frame
  • Originating MLS: sckansas
  • School District: Wichita School District (USD 259)
  • County: Sedgwick
  • Zoning: LOTS 6-8 LULU AVE. MC CORMICK'S ADD.128-28-0-44-03-003.00
  • Utilities: Natural Gas AvailableSewer Available
  • Source: sckansas
  • Ownership: Corporate

This listing courtesy of Joseph Hamer , Reece Nichols South Central Kansas

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Linwood Elementary School

1654 S Hydraulic St, Wichita, KS, 67211

Grades PK-5

0.39 miles away

M

Mead Middle School

2601 E Skinner St, Wichita, KS, 67211

Grades 6-8

1.04 miles away

E

East High School

2301 E Douglas Ave, Wichita, KS, 67211

Grades 9-12

1.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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