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530-532 S Lulu Ave, Wichita, KS, 67211

2beds
--baths
1,284sqft
$125,000
$97price/sqft
$1,166/moest. monthly cost
$46,640/yrincome needed

About This Home

Fully occupied duplex offering a great investment opportunity with solid rental income. This property features a total of 1,284 SF with two 1-bedroom, 1-bath units. Each unit includes a refrigerator and stove/oven, separate utility meters, and a dedicated laundry room. Tenants are responsible for gas and electricity, while the owner covers water and trash. Unit 530 has been updated with modern lighting, a bright kitchen featuring newer white cabinetry and countertops, neutral paint tones, and durable LVP flooring. The bathroom has also been refreshed with light, modern finishes. Living room and bedrooms feature carpet. Unit 530 currently rents for $980/month with a lease in place through 10-31-2026. Unit 532 features a mix of carpet, hardwood and vinyl flooring, light neutral interior paint and large living room windows. This unit rents for $800/month with a lease in place through 2-3-2027. Both units enjoy fenced yards and convenient alley access to backyard parking. A turnkey opportunity to add a well-maintained, income-producing duplex to your portfolio. Buyers and agents to confirm all information pertinent to them.

Getting Around

51
WalkingSomewhat Walkable
35
TransitSome Transit
65
BikeBikeable

Schools

3/10
Linwood Elementary SchoolGrades PK-51.0 mi
3/10
Mead Middle SchoolGrades 6-81.6 mi
3/10
East High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Range,Refrigerator

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2

Features

  • Flooring: Carpet,Other

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Multi Units,Window Unit(s)

Interior Area

  • Total interior livable area: 1,284 sqft

Property

Details

  • Parcel number: 1282800126646
  • Attached to another structure: Yes

Parking

  • Total spaces: 3
  • Parking features: 1 per Unit