1715 Manifold LnSpokane Valley, WA 99016

For Sale
$1,550,000

Two new duplexes, excellent rental income.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents two brand-new duplexes in Spokane Valley, WA, totaling four units. Built in 2023, these properties boast a combined 5,974 square feet and are situated on a private, dead-end street. Each duplex offers a unique layout: one is a three-bedroom, two-bathroom ranch-style unit, while the other is a three-bedroom, two-and-a-half-bathroom two-story design. All units feature modern finishes, including stainless steel appliances, hard surface counters, in-unit washer/dryers, Huntwood cabinets, and low-maintenance LVP flooring. The primary suites are generously sized, complete with walk-in closets and private bathrooms. Attached garages provide convenient parking. Currently, three units are rented, generating strong monthly income at varying rates ($2295, $2595, $2295), with one vacant unit projected to rent for $2400. Landscaping will be completed before closing. This is an ideal, low-maintenance multi-family investment, perfect for adding to an existing portfolio. The asking price is $1,550,000, representing a price per unit of $387,500 and a price per square foot of $259.46. The property is located at 1715 N Manifold Ln, Spokane Valley, WA 99016. Note that additional duplexes are available.

Highlights

  • Two brand-new duplexes (four units total) in Spokane Valley, WA.
  • Built in 2023, totaling 5,974 square feet.
  • Located on a private dead-end street.
  • Unit layouts include one three-bedroom, two-bathroom ranch and one three-bedroom, two-and-a-half-bathroom two-story.
  • Modern finishes include stainless steel appliances, hard surface counters, in-unit laundry, and LVP flooring.
  • Three units currently rented ($2295, $2595, $2295), one vacant (projected rent $2400).

Property Details for 1715 Manifold Ln

Property type
Multifamily properties, Apartment buildings
Square Feet
5,974 SF
Year Built
2023
Buildings
2
Stories
2
Units
4

Location Insight

City
Spokane Valley
County
Spokane
State
Washington
Latitude
47.67279
Longitude
-117.1678414
1715 Manifold Ln, Spokane Valley, Washington

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1715 Manifold Ln
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