1903 W 31ST ST Vancouver, WA 98660
Price:
$545,000
Units:
2
Acres:
0.12
Unit 1:
3 Bed 2.0 Bath $1,749/mo
Features: Microwave, Refrigerator, Washer/Dryer
Unit 2:
3 Bed 2.0 Bath $1,654/mo
Features: Range, Refrigerator, Washer/Dryer
MLS#:
450016576
Lot Size:
5,000 to 6,999 SqFt
Type:
Multi
Zone:
R30
Yr Built:
1971
Taxe/yr:
$4,958.81
County:
Clark
Status:
Active
Levels:
2
Heat:
Wall Furnace
Nhood/Bldg:
Fruit Valley
Elem:
Fruit Valley
Middle:
Discovery
High:
Hudsons Bay
Lot Desc:
Cul-de-sac, Level
Area:
Vancouver: Downtown
Courtesy of:
Worth Clark Realty
Remarks:
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
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