Listing provided courtesy of Worth Clark Realty- MLS# 450016576
Contact Information: 503-707-7011
Contact Information: 503-707-7011Images
Request Info1903 W 31ST STVancouver, WA 98660
Multi-Family · 2,200 Sq. ft. | 0.12 Acres$510,000
Active
1903 W 31ST ST Overview
- Time on Site:
- 69 days
- Visits:
- 1
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
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1903 W 31ST ST Facts & Features
- Type Multi-Family
- Sq. ft. 2,200
- Price/Sq.ft. $232
- Lot 0.12 Acres
Details
General
School Information
- Elementary School: Fruit Valley
- Middle Or Junior School: Discovery
- High School: Hudsons Bay
Income/Expenses
- Gross Income: 40836.0
- Gross Scheduled Income: 40836.0
- Net Operating Income: 30876.0
- Operating Expense: 9960.0
Building Information
- Year Built: 1971
Location/Region
- Country: US
- County Or Parish: Clark
- MLS Area Major: 11 - Vancouver: Downtown
- Subdivision Name: Fruit Valley
Rent/Lease Information
- Rent Includes: None
Tax Information
- Tax Annual Amount: 4958.81
- Tax Year: 2025
General Information
- Disclosures: Disclosure
- Listing Terms: Cash,Conventional,FHA,VA Loan
- Property Condition: Updated/Remodeled
- Property Type: Multi Family
- Zoning: R30
Interior
Building Interior
- Building Area Total: 2200.0
General Information
- Basement: Crawl Space
- Cooling: None
- Heating: Wall Furnace
- Stories: 2
Exterior
Parking Information
- Parking Features: Driveway,Paved
- Parking Total: 2.0
Lot Information
- Lot Features: Cul-de-sac,Level
- Lot Size Acres: 0.12
- Lot Size Square Feet: 5227.0
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Roof: Shake
General Information
- Number Of Units Total: 2
- Sewer: Public Sewer
1903 W 31ST ST Neighborhood
Community
98660 (Vancouver) Demographics
38
Median Age
522
Population Density (per sq. mile)
44%
College Educated
$50,407
Estimated Median Income
2,489
Estimated Total Home Owners
3,003
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1903 W 31ST ST Monthly Cost
1903 W 31ST ST Market Data
Based on the last 30 days in this zip code
$603,935
Average List Price
$393
Average Price per Square Foot
13
Properties Sold
78
Average Days on Market
80
Properties for Sale
1903 W 31ST ST History
| Date | Value | Agent |
|---|---|---|
| 5/14/2026Source: Regional MLS | $510,000 -3.8% |
|
| 4/27/2026Source: Regional MLS | $530,000 -2.8% |
|
| 4/21/2026Source: Regional MLS | April 21, 2026 |
|
| 2/20/2025Source: Regional MLS | Sold |
|
| 1/13/2025Source: Regional MLS | Pending |
|
| 1/9/2025Source: Regional MLS | January 09, 2025 |