1903 W 31st St, Vancouver, WA 98660
Local realty services provided by:ERA Freeman & Associates, Realtors
1903 W 31st St,Vancouver, WA 98660
$510,000
- - Beds
- - Baths
- 2,200 sq. ft.
- Multi-family
- Active
Listed by: kelyn black
Office: worth clark realty564-464-4021
MLS#:450016576
Source:PORTLAND
Price summary
- Price:$510,000
- Price per sq. ft.:$231.82
About this home
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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Home facts
- Year built:1971
- Listing ID #:450016576
- Added:63 day(s) ago
- Updated:June 24, 2026 at 11:19 AM
Rooms and interior
- Basement Description:Crawl Space
- Living area:2,200 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Roof:Shake
- Year built:1971
- Building area:2,200 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Cul De Sac, Level
- Levels:2 Stories
Schools
- High school:Hudsons Bay
- Middle school:Discovery
- Elementary school:Fruit Valley
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$510,000
- Price per sq. ft.:$231.82
- Tax amount:$4,959 (2025)
Parking
- Total parking spaces:2
- Parking description:Driveway, Paved
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