Property Details
1903 W 31st Street
Vancouver, WA 98660
$510,000
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About This Home
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
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
Clark
Neighborhood
Fruit Valley
Listed
Apr 21, 2026
Structure Type
House
Parcel Number
000019000
Tax & HOA
Annual Property Tax
$4,959 (2025)
Est. Monthly Tax
$413/mo
Interior Features
Bedrooms
6
Bathrooms
4.0
Living Area
2,200 sq ft
Basement
None
Exterior & Lot
Lot Size
0.12 sqft
Year Built
1971
Exterior Materials
Wood
Parking
Driveway
Sewer
Sewer Connected
Water Source
Public
Lot Features
Cul-De-Sac, Paved
Exterior Features
Wood Products
Community & Access
Directions
Fruit Valley Rd, east @ W 31st St, right @ 2nd driveway in to complex, units K & L at the end
Location
City
Vancouver
County
Clark
Coordinates
45.64351, -122.69087
Schools
School District
Vancouver
Elementary School
Fruit Valley Community Learning Center
Middle School
Discovery Middle
High School
Hudson's Bay High
Additional Information
Tax Year
2025
Annual Taxes
$4,959
Possession
Array
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
