Wichita, KS 67211,1406-1408 S Lulu Ave
Wichita, KS 67211,1406-1408 S Lulu Ave
Wichita, KS 67211,1406-1408 S Lulu Ave
Wichita, KS 67211,1406-1408 S Lulu Ave
Wichita, KS 67211,1406-1408 S Lulu Ave
Wichita, KS 67211,1406-1408 S Lulu Ave
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Listed by Joseph Hamer • Reece Nichols South Central Kansas
$ 150,000
Est. payment | /mo

1,598 SqFt


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$ 150,000
Est. payment | /mo
Save

1,598 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,598 sqft

Price per Sqft $93

Subdivision Mccormick

MLS Listing ID SCK666018

Style Other

Total Fin. Sqft 1598

Year Built 1950

Annual Tax Amount $965

Tax Year 2025

Lot Dimensions 6884

Property Sub-Type Duplex

Source sckansas

Property Description

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.

Location

State KS

County Sedgwick

Direction From Lincoln and Hydraulic, West to Lulu, South to home

Rooms

Basement None

Interior

Heating Forced Air, Natural Gas

Cooling Electric

Fireplace No

Appliance Range

Heat Source Forced Air, Natural Gas

Exterior

Garage Description Other

Utilities Available Natural Gas Available, Sewer Available

View Y/N Yes

Roof Type Composition

Total Parking Spaces 4

Building

Unit Features [{\"UnitTypeActualRent\":775,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"2 Bedroom\",\"UnitTypeKey\":\"SCK666018Group_1\"},{\"UnitTypeActualRent\":775,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"2 Bedroom\",\"UnitTypeKey\":\"SCK666018Group_2\"}]

Architectural Style Other

Structure Type Frame

Schools

Elementary Schools Linwood

Middle Schools Mead

High Schools East

School District Wichita School District (Usd 259)

Others

Financing Conventional

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1406-1408 S Lulu Ave