1903 W 31st ST, Vancouver, WA 98660
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1903 W 31st ST, Vancouver, WA 98660
1903 W 31st ST, Vancouver, WA 98660
1903 W 31st ST, Vancouver, WA 98660
1903 W 31st ST, Vancouver, WA 98660
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The Cascade Team

The Cascade Team

+1(425) 891-0129
Listed by:Worth Clark Realty • Kelyn Black
$ 510,000
Est. payment /mo
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Active

1903 W 31st ST Vancouver, WA 98660

6 Beds

4 Baths

2,200 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $231

Subdivision Fruit Valley

MLS Listing ID 2510719

Style 52 - Duplex

Bedrooms 6

Year Built 1971

Annual Tax Amount $4,958

Lot Size 5,227 Sqft

Property Sub-Type Multi Family

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

Location

State WA

County Clark

Area 1043 - City Center West

Interior

Fireplace false

Exterior

Exterior Feature Wood Products

Garage Spaces 2.0

View Y/N No

Roof Type Shake

Building

Lot Description Cul-De-Sac, Paved

Sewer Sewer Connected

New Construction No

Schools

Elementary Schools Fruit Valley Community Learning Center

Middle Schools Discovery Middle

High Schools Hudson'S Bay High

School District Vancouver

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
The Cascade Team

The Cascade Team

Real Estate Brokerage | License ID: 5077

+1(425) 891-0129

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1903 W 31st ST