1406-1408 S Lulu Ave, Wichita, KS 67211
Local realty services provided by:ERA Great American Realty
1406-1408 S Lulu Ave,Wichita, KS 67211
$142,500
- - 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:$142,500
- Price per sq. ft.:$89.17
About this home
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.
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Home facts
- Year built:1950
- Listing ID #:666018
- Added:1 day(s) ago
- Updated:February 16, 2026 at 04:47 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:$142,500
- Price per sq. ft.:$89.17
- Tax amount:$965 (2025)
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