1719 Manifold Ln Spokane Valley, WA 99016
- Apartment buildings
- 2,987 SF
Current Use by Public Records
- Apartment buildings
Property Details for 1719 Manifold Ln
- Year built
- 2023
- Property size
- 2,987 SF
- Property type
- Apartment buildings
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spokane Valley
- County
- Spokane
- State
- Washington
- Longitude
- -117.168
- Latitude
- 47.673
