For Sale
$775,000

1719 Manifold LnSpokane Valley, WA 99016

Brand new, modern duplex, high rental income.

Overview

Added:
Dec 11, 2024
Days on market:
123
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.

Highlights

  • New 2023 construction, 2-unit apartment building in Spokane Valley, WA.
  • Located on a private cul-de-sac at 1719 N Manifold Ln, 99016.
  • Totaling 2,987 square feet, with two distinct units: a 3 bed/2 bath single-story and a 3 bed/2.5 bath two-story.
  • Each unit features an attached garage, modern finishes (Huntwood cabinets, LVP flooring, stainless steel appliances), and in-unit laundry.
  • Projected monthly rental income: $4,890 ($2,295 & $2,595).
  • Asking price: $775,000 ($387,500 per unit), $259.46 per square foot.

Property Details for 1719 Manifold Ln

Property type
Apartment buildings
Square Feet
2,987 SF
Year Built
2023
Buildings
1
Units
2

Location Insight

City
Spokane Valley
County
Spokane
State
Washington
Latitude
47.6730172
Longitude
-117.1678428
1719 Manifold Ln, Spokane Valley, Washington

FAQs

What type of property is this?
Apartment building - Brand new, modern duplex, high rental income.
Where is the apartment building located?
The property is located at 1719 Manifold Ln Spokane Valley, WA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: New 2023 construction, 2-unit apartment building in Spokane Valley, WA.; Located on a private cul-de-sac at 1719 N Manifold Ln, 99016.; Totaling 2,987 square feet, with two distinct units: a 3 bed/2 bath single-story and a 3 bed/2.5 bath two-story.
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1719 Manifold Ln
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