1903 W 31st Street, Vancouver, WA 98660

Property Description

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. 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

Listing Status:

Active

Data Last Updated:

April 29, 2026 at 8:21PM

Listing Office:

Worth Clark Realty : 564-464-4021

Listing Agent:

Kelyn Black : 564-464-4021

MLS ID:

2510719

Interior

• A/C: None
• Heating: Wall Furnace
• Fireplace: Fireplaces: 0

Exterior

• General: Wood Products
• Parking: Parking spaces: 2

Construction

• Roofing: Shake
• General: 52 - Duplex

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Vancouver
• County: Clark

Lot

• Zoning: 000019000

Utilities

• Sewer: Sewer Connected

Financial

• Source: nwmls