1719 Manifold LnSpokane Valley, WA 99016

Property Details for 1719 Manifold Ln

Year built

2023

Property size (Sq ft)

2,987 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 2-unit apartment building, constructed in 2023, presents a lucrative investment opportunity in Spokane Valley, WA. Located on a private cul-de-sac at 1719 N Manifold Ln, 99016, this property boasts a total of 2,987 square feet, offering two distinct living spaces. One unit is a 3-bedroom, 2-bathroom single-story design, while the other is a 3-bedroom, 2.5-bathroom two-story unit. Both units feature attached garages, modern finishes including Huntwood cabinets and low-maintenance LVP flooring, stainless steel appliances, and in-unit washer/dryers. Current rental income is projected at $2,295 and $2,595 per month, respectively, for a combined potential of $4,890 monthly. The property's design allows for owner-occupancy with rental income from the second unit, or a dual-rental strategy. Landscaping will be completed before closing. This is a low-maintenance investment ideal for building a portfolio. The asking price is $775,000 ($387,500 per unit), representing a price per square foot of $259.46. Note that additional duplexes are available on the same street.

Location Insight

City

Spokane Valley

County

Spokane

State

Washington

Latitude

47.673

Longitude

-117.168

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