1406-1408 S Lulu Ave Wichita, KS 67211

1406/1408 S Lulu Ave is an affordable duplex opportunity in Wichita offering immediate income and long-term upside for investors or house hackers. The property features two 2 bedroom, 1 bathroom units with simple single-level layouts that remain consistently 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, creating immediate income with the opportunity to place a new tenant or owner occupant in the second unit. Market rent for the open unit is projected around $800 per month, bringing total potential income to approximately $1,575 per month once fully occupied. Both units provide functional living spaces with two bedrooms, a full bathroom, kitchen, and living area all on one level, a layout that continues to appeal to a wide range of tenants. A detached garage and additional on-site parking provide added convenience and rental appeal. Utility responsibilities are structured to keep ownership expenses predictable with tenants paying gas, water, and electric while the owner covers lawn care and trash. For investors, this is a straightforward buy and hold duplex with stable rental demand in a central Wichita location. For buyers considering house hacking, living in one unit while the other helps offset the mortgage can dramatically reduce monthly housing costs. Located just south of downtown with quick access to Old Town, Kellogg, and major employment corridors, the South Lulu location keeps the property connected to the parts of Wichita tenants want to reach quickly. For buyers seeking a manageable entry into multifamily ownership with real income potential, 1406/1408 S Lulu Ave offers a practical path into duplex investing. Please do not disturb tenants.