See all 29 photos

Listed by Worth Clark Realty • 503-707-7011

$530,000

Est. payment - /mo

Save

2,200 SqFt

Price Dropped by $15K

1903 W 31ST ST Vancouver, WA 98660

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $240

Subdivision Fruit Valley

MLS Listing ID 450016576

HOA Y/N No

Year Built 1971

Annual Tax Amount $4,958

Tax Year 2025

Lot Size 5,227 Sqft

Property Description

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

Location

State WA

County Clark

Area _11

Zoning R30

Rooms

Basement Crawl Space

Interior

Heating Wall Furnace

Cooling None

Exterior

Roof Type Shake

Garage No

Building

Lot Description Cul_de_sac, Level

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Fruit Valley

Middle Schools Discovery

High Schools Hudsons Bay

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

Want to See This Home or Others Like It?

The best homes often sell quickly, and having a plan makes all the difference. Start with our Buyer Guide to understand the process, then schedule a consultation so we can build your strategy and get you in position to buy.

View Buyer Guide Schedule a Consultation