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About This Home

This 6-bedroom, 4-bathroom residential multi family at 1903 W 31ST St in Vancouver, WA is listed for $545,000 ($248 per sqft). Built in 1971, the home offers 2,200 sqft of living space on a 0.12 acres lot.

Agent 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 enhancin

g 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 support

ing 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

Key Features

  • Built in 1971
  • 0.12 acre lot
  • 2 stories

Property Details

2 stories
4 full
1971

Monthly Cost Estimate

$2,915/mo

20% down · 6.5% · 30 years

Principal$394
Interest$2,362
Insurance$159

Estimates only. Actual payments may vary.

Location

1903 W 31ST St

Vancouver, WA 98660

Fruit Valley

Questions & Answers

This 6-bedroom, 4-bathroom residential multi family at 1903 W 31ST St is listed at $545,000 ($248/sqft). The estimated monthly payment is $2,362 based on 20% down at 6.5% interest.

Key features include: Built in 1971, 0.12 acre lot, 2 stories.

This property is listed by Kelyn Black and can be reached at 5037077011 or Kelyn@sellingkeys.com.

KB

Kelyn Black

Agent at Worth Clark Realty

(503) 707-7011

Listed by Worth Clark Realty · View on Broker Site

MLS# 450016576· Source: listhub· Updated 2 days ago

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1903 W 31ST St, Vancouver, WA 98660

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