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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.
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
Monthly Cost Estimate
$2,915/mo
20% down · 6.5% · 30 years
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.




























