Fruit Valley
Property • MultiFamily
Web ID # 450016576
$510,000.00
0 Beds • 0 Baths
Property Features
Regional Multiple Listing Service, Inc.
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
Fruit Valley Rd, east @ W 31st St, right @ 2nd driveway in to complex, units K & L at the end
Dwelling Type: MultiFamily
Subdivision: Fruit Valley
Year Built: 1971, County: US
Fruit Valley Rd, east @ W 31st St, right @ 2nd driveway in to complex, units K & L at the end
Listing is courtesy of Worth Clark Realty
