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1 Bed
1 Bath
1,107 sqft

$48,000

5051 E Lincoln St, Wichita KS, 67218

Price per sqft$43.36
Built in1963
Property size1,107 sqft
Property typeResidential
Listed by with LPT Realty, LLC Listing Contact:

Overview

Active

Listed Sep 10, 2026

Updated 25h ago

Experience the perfect blend of comfort, convenience, and community at Parklane Towers, Wichita’s premier cooperative living residence! Located in the heart of East Wichita at Lincoln and Oliver, this spacious one-bedroom, one-bath home offers virtually maintenance-free living eight stories above the city. Step inside to discover a bright, inviting interior with brand-new carpet and fresh paint throughout. The spacious floor plan provides plenty of room to relax and entertain, while the private north-facing balcony offers incredible views stretching for miles across Wichita. With its elevated setting and sweeping views, this apartment delivers a penthouse-like feel without the penthouse maintenance. Parklane Towers is designed for those who appreciate quality, convenience, and a worry-free lifestyle. The beautifully maintained building and grounds offer secure access and an impressive collection of amenities. Two elevators provide access to every floor, and door attendants are available every day of the year. Each residence features an intercom connected to the front entrance, allowing Owners to approve guests before they are admitted into the building. Additional conveniences include ample guest parking, a guest apartment for overnight visitors, an event room for social gatherings, valet service, car-to-door delivery of groceries, luggage, and packages, locked lobby mailboxes, large-package delivery directly to residences, trash closets on every floor, and storage rooms when available. Residents also enjoy 24-hour access to the laundry room, exercise room, and lending library, along with electronic key-fob entry and outdoor surveillance cameras with shareholder access. As a cooperative, Parklane Towers offers a unique alternative to traditional condominium or apartment ownership. Rather than purchasing the individual real estate, buyers purchase shares in the corporation associated with their chosen residence, with ownership based on the home’s square footage. A monthly maintenance fee, similar to an HOA fee, helps cover building upkeep, utilities, and amenities, creating a truly low-maintenance lifestyle. New Owners are welcomed through an approval process conducted by the New Resident Committee and Board of Directors. And because Parklane Towers residents are Owners, there is a genuine sense of community throughout the building, where neighbors get to know one another and shareholders have a voice in their community. Whether you're ready to simplify your lifestyle, looking for a secure and convenient place to call home, or simply want to enjoy incredible views without the responsibilities that come with maintaining a traditional property, this eighth-floor Parklane Towers residence is a rare opportunity. Discover one of Wichita’s best-kept secrets in cooperative living and experience life at Parklane Towers!

$319/mo

Est. mortgage payment based on a $48,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
678875

Interior Features

Bedrooms
1
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
Yes
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Listings courtesy of South Central Kansas MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ashley and Pam Hesse shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 4:12 AM UTC on 10/15/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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