$48,000
1 Bed | 1 Bath | 1,107 Sqft | 0 Acre Lot | Built 1963
5051 E Lincoln St, Wichita, KS, 67218
COMM HSING/CONDO/TH/CO-OP MLS #SCK678875

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!

The facts
Status Active
Price / sqft $43
Year built 1963
Lot 0 acres
Living area 1,107 sqft
Property type Comm Hsing/Condo/TH/Co-Op
City Wichita
ZIP 67218
Neighborhood PARKLANE TOWERS
MLS number SCK678875
School district Wichita School District (USD 259)
Elementary school Caldwell
Middle school Curtis
High school Southeast
Listing courtesy of LPT Realty, LLC. Information courtesy of South Central Kansas MLS via MLS Grid, deemed reliable but not guaranteed. Last updated Sep 10, 2026, 11:23 AM CT. Equal Housing Opportunity.
Price and status history
Listed $48,000

Changes are tracked from the MLS feed as they happen. Older history is not shown.

Payment estimate
$0/mo

Estimate only, for a sense of the monthly number. Tax is a county-average guess and the rate is a placeholder. Your lender's numbers win.

What homes like this have been going for
$97,000 to $154,000

Homes of a similar size in 67218 closed in this range over the last 12 months, 41 of them, with a median of $135,000.

Closed comps from the South Central Kansas MLS. Not an appraisal, and not a statement about this listing's price. The market decides what a home is worth.

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Where it sits
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Listing courtesy of Real Broker, LLC
Listing information courtesy of South Central Kansas MLS via MLS Grid. Data deemed reliable but not guaranteed. Last updated Sep 10, 2026, 11:23 AM CT. Equal Housing Opportunity. TurnKey · Keller Williams Hometown Partners · 316-364-7500 · 429 S. 119th St. W. Wichita, KS 67235.
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