Local realty services provided by:ERA Great American Realty
1406-1408 S Lulu Ave,Wichita, KS 67211
$150,000
- - Beds
- - Baths
- 1,598 sq. ft.
- Multi-family
- Active
Listed by: joseph hamer, shane phillips
Office: reece nichols south central kansas
MLS#:666018
Source:South Central Kansas MLS
Price summary
- Price:$150,000
- Price per sq. ft.:$93.87
About this home
1406/1408 S Lulu Ave offers a practical duplex opportunity for buyers focused on long-term ownership, steady rental income, and building equity over time. This is a straightforward buy-and-hold property well suited for a house hacker or an investor looking for a manageable entry into multifamily in central Wichita. The property consists of two 2 bedroom, 1 bathroom units with simple, functional layouts that are easy to rent and maintain. One unit is currently vacant and available for showings, while the other is occupied through September 30 at $775 per month. Market rent for the vacant side is projected around $800 per month, offering immediate upside. Each unit features living space and bedrooms on one level, making them appealing to a wide range of tenants. A detached garage and on-site parking add convenience, and the utility setup keeps expenses predictable with tenants paying gas, water, and electric while ownership covers lawn care and trash. This is not a luxury property, but it is a solid option for someone prioritizing function, affordability, and long-term returns over cosmetic perfection. Located just south of downtown Wichita with quick access to Old Town, major highways, and everyday amenities, the South Lulu location supports consistent rental demand while keeping acquisition costs approachable. For buyers looking to live in one unit and rent the other, or investors seeking a steady duplex to hold long term, 1406/1408 S Lulu Ave presents a realistic and reliable path forward. Please do not disturb tenants.
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Home facts
- Year built:1950
- Listing ID #:666018
- Added:43 day(s) ago
- Updated:January 30, 2026 at 12:33 PM
Rooms and interior
- Living area:1,598 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1950
- Building area:1,598 sq. ft.
Schools
- High school:East
- Middle school:Mead
- Elementary school:Linwood
Utilities
- Water:Public
- Sewer:Sewer Available
Finances and disclosures
- Price:$150,000
- Price per sq. ft.:$93.87
- Tax amount:$965 (2025)
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