This listing courtesy of Kelyn Black , Worth Clark Realty
$545,000

1903 W 31st Street, Vancouver, WA 98660

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1971
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 days ago

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

Listing Status:
Active
Data Last Updated:
April 26, 2026 at 12:21AM
Listing Office:
Worth Clark Realty : 564-464-4021
Listing Agent:
Kelyn Black : 564-464-4021
MLS ID:
2510719
  • A/C: None
  • Heating: Wall Furnace
  • Fireplace: Fireplaces: 0
  • General: Wood Products
  • Parking: Parking spaces: 2
  • Roofing: Shake
  • General: 52 - Duplex
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: Vancouver
  • County: Clark
  • Zoning: 000019000
  • Sewer: Sewer Connected
  • Source: nwmls

This listing courtesy of Kelyn Black , Worth Clark Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Fruit Valley Community Learning Center

3410 Fruit Valley Rd, Vancouver, WA, 98660

Grades KG-5

0.28 miles away

D

Discovery Middle School

800 E 40th St, Vancouver, WA, 98663

Grades 6-8

1.43 miles away

H

Hudson's Bay High School

1601 E McLoughlin Blvd, Vancouver, WA, 98663

Grades 9-12

2.03 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.
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