1903 W 31st Street, Vancouver, Washington 98660

WA, Vancouver
$545,000
  • 2,200 Sqft
  • Residential Income Property Type
  • 1971 Year Built
  • Active Status
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. 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

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2510719
  • Price: $545,000
  • Square Footage: 2,200 Sqft
  • Year Built: 1971
  • Lot Area: 0.12 Acre
  • Status: Active
  • Office Name: Worth Clark Realty
  • Agent Name: Kelyn Black
  • Property Sub Type: Multi Family
  • Roof: Shake
Features
  • Heating System Wall Furnace
  • Cooling System None
  • Exterior Features Wood Products
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Clark
  • City Vancouver
  • Zipcode 98660
  • Street: 31st
  • Street Number: 1903
  • Street Suffix: Street
  • Longitude: W123° 18' 32.9''
  • Latitude: N45° 38' 36.6''
  • Directions: Fruit Valley Rd, east @ W 31st St, right @ 2nd driveway in to complex, units K & L at the end
  • Mls Area Major: 1043 - City Center West
  • Street Dir Prefix: W
Neighborhood
  • Elementary School: Fruit Valley Community Learning Center
  • High School: Hudson's Bay High
  • High School District: Vancouver
  • Middle School: Discovery Middle
Additional Information
  • Stories Total: 2
  • Possible Use: Multi-Family
  • On Market Date: 2026-04-21
  • Number Of Units Total: 2
  • Lot Features: Paved, Cul-De-Sac
  • Garage: 2
  • Construction Materials: Wood
Financial
  • Tax Annual Amount: 4958.81
Listing Information
  • List Agent Mls Id: 149932
  • List Office Mls Id: 10210
  • Listing Term: Cash,Conventional,FHA,VA Loan
  • Mls Status: Active
  • Modification Timestamp: 2026-04-28T17:05:39Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-04-21T23:42:45Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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