1715 Manifold Ln Spokane Valley, WA 99016
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.