1406-1408 S Lulu Ave

Description

1406/1408 S Lulu Ave offers a practical duplex opportunity for investors or buyers looking to house hack and build long-term equity. With one unit vacant and the other already producing income, this property delivers flexibility, immediate upside, and a straightforward path into multifamily ownership. Each side features a 2 bedroom, 1 bathroom layout with a simple, functional design that is easy to lease and manage. 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 open unit is projected around $800 per month, creating built-in potential for increased income. The single-level layout appeals to a wide tenant base and keeps long-term maintenance simple. A detached garage and additional on-site parking add everyday value for tenants and owners alike. Utilities are structured to keep expenses predictable, with tenants paying gas, water, and electric while ownership covers lawn care and trash. This is not a luxury duplex, but it is a durable, income-producing property designed for function and long-term hold potential. 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 maintaining an approachable entry price. Whether you plan to live in one unit and rent the other or add a steady duplex to your portfolio, 1406/1408 S Lulu Ave offers a realistic and reliable path forward. Please do not disturb tenants.