MLS #2510719 / Listing provided by NWMLS .
$545,000
1903 W 31st Street
Vancouver,
WA
98660
Sq Ft
Per Sq Ft
Year Built
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
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Spaces: 2
- Parking Total: 2
- Total Uncovered Parking Spaces: 2
Structure
- Roof: Shake
- Exterior Features: Wood Products
Lot Details
- Lot Features: Cul-De-Sac, Paved
- Acres: 0.12
Schools
- High School District: Vancouver
- High School: Hudson's Bay High
- Middle School: Discovery Middle
- Elementary School: Fruit Valley Community Learning Center
Lot Details
- Lot Features: Cul-De-Sac, Paved
- Acres: 0.12
Power
- Energy Source: Electric
Water, Sewer, and Garbage
- Sewer: Sewer Connected
- Water, Sewer, and Garbage: 0
Christi Young
Broker | REALTOR®
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