1903 W 31st Street, Vancouver, WA 98660
- $510,000
- 6
- BD
- 4
- BA
- 2,200
- SqFt
Listing courtesy of Worth Clark Realty.
- List Price
- $510,000
- Status
- ACTIVE
- MLS#
- 2539188
- Days on Market
- 100
- Bedrooms
- 6
- Finished SqFt
- 2,200
- Area Total SqFt
- 2200
- Annual Tax Ammount
- 4958.81
- Lot Size (sq ft)
- 5,227
- Sewer
- Sewer Connected
Property Description
Investor Alert! Fully Rented Duplex | 3 Bed Units | Tenants Pay All Utilities | Strong Cash Flow | Updated | Prime Vancouver Location Turnkey duplex offering two spacious units, K and L, each with 3 bedrooms, 1.1 baths, and ~1,100 sq ft—an ideal layout for long-term tenant retention or owner-occupant flexibility. Rents total $3,403/month with a normalized NOI of ~$2,849/month, delivering strong, low-maintenance cash flow. Major updates are already complete, including new roof (2018), updated paint, flooring, and water heaters (2017), plus brand new windows and sliding doors (April 2025)—minimizing near-term capital expenses and enhancing tenant appeal. Built-in upside with rent growth already in motion: Unit L increased May 2026, while Unit K lease expires 6/30/26 and rolls month-to-month, giving flexibility to adjust rents or owner-occupy. Located minutes from downtown, shopping, dining, and major commuter routes, this property sits in a high-demand rental area supporting strong occupancy and long-term appreciation. Live in one side and offset your mortgage, hold as a cash-flowing asset, or reposition for increased returns—multiple paths to win with this investment. *ASK ABOUT OUR PREFERRED LENDER INCENTIVES
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Additional Information
- Community
- Fruit Valley
- Style
- 12 - 2 Story
- Basement
- None
- Year Built
- 1971
- Roof
- Shake
- Tax Year
- 2025
- School District
- Vancouver
- Elementary School
- Fruit Valley Community Learning Center
- Middle School
- Discovery Middle
- High School
- Hudson's Bay High
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Flooring
- Laminate, Carpet
- Driving Directions
- Fruit Valley Rd, east @ W 31st St, right @ 2nd driveway in to complex, units K & L at the end
- Energy Source
- Electric
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