$510,000
Est. $2,573/mo1903 W 31st Street, Vancouver, WA 98660
• Listed 2026-04-21•15 days on market
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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
Listed by Kelyn Black • Worth Clark Realty
Listing updated: May 23, 2026 at 03:43pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2510719
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1903 W 31st Street, Vancouver, WA 98660
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Vancouver School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.