1903 W 31ST ST, Vancouver, WA 98660

  • $530,000
  • $545,000

Overview

  • 2200 Sqft
    Property Size
  • 1971
    Year Built
  • MultiFamily
    Property Type
  • 450016576
    MLS#
  • 0.12 Acres
    Land Area
  • Worth Clark Realty
    Office Name
  • Kelyn Black
    Agent Name

Description

Investor Alert! Fully Rented Duplex | 3 Bed Units | Tenants Pay All Utilities | Strong Cash Flow | Updated | Prime Vancouver LocationTurnkey 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. Starting May 1, 2026, 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 increase takes effect 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

Details

Updated on April 27, 2026 at 5:58 pm
  • MLS# 450016576
  • Price $530,000
  • Property Size 2200 Sqft
  • Land Area 0.12 Acres
  • Garage Size x x
  • Year Built 1971
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Worth Clark Realty
  • Agent Name Kelyn Black
  • Office Phone 564-464-4021

Additional details

  • Listing Terms Cash, Conventional, FHA, VALoan
  • Roof Shake
  • Sewer Public Sewer
  • Cooling None
  • Heating Wall Furnace
  • County Clark
  • Property Type MultiFamily
  • Parking Driveway, Paved
  • Elementary School Fruit Valley
  • Middle School Discovery
  • High School Hudsons Bay

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