21 W 4th Avenue Omak, WA 98841
Listing Courtesy of: MLS LogoNorthwest MLS as distributed by MLS GRID / Listed By: Cora Nordby, Windermere Real Estate Lake Chelan

  21 W 4th Avenue Omak, WA 98841

Active (8 Days)
$450,000 (USD)
4
BED
4
BATH
3,723
SQFT

Description

Residential and business high-performing investment opportunity with an attractive 8% cap rate in the heart of Omak, Washington. Located on a high-visibility, high-traffic corridor with outstanding access from both Omak and neighboring Okanogan, this turnkey income-producing property offers immediate cash flow and long-term investment potential. Consisting of three buildings- two houses and one main business building, all with established tenants. Three business tenants include a chiropractor, salon, and Beltone Hearing, plus two residential rental homes on commercially zoned property for diversified income. Major updates include a new roof (2014), building renovation (2023), parking lot replacement (2018), recent reseal and striping, mini-splits (2025), and exterior paint on the homes. Offering 11 parking spaces, excellent signage, strong street exposure, and mostly month-to-month leases (one through Sept. 2028), this is an outstanding opportunity for investors seeking a mixed-use commercial property, rental income, or owner-investment. Additional back area once used as meat cutting business could also be leased- has separate entry and access to 2 walk-in coolers, currently empty and used for storage. Family owned for generations and offered as-is.

MLS #:
2564017
Taxes
$1,602(2026)
Lot Size
0.37 acres
Type
Single-Family Home
Year Built
1946
Style
1 Story
School District
Omak
County
Okanogan County
Community
Omak

Listed By

Cora Nordby, Windermere Real Estate Lake Chelan
Source
Northwest MLS
Last checked Aug 6 2026 at 1:04 AM PDT
Bathroom Details
  • Full Bathrooms: 2
  • 3/4 Bathrooms: 2
Interior Features
  • Refrigerator
  • Dryer
  • Washer
  • Ceiling Fan(s)
Subdivision
  • Omak
Lot Information
  • Corner Lot
  • Curbs
  • Sidewalk
  • Paved
  • Alley
Property Features
  • High Speed Internet
  • Fireplace: Electric
  • Fireplace: 0
  • Foundation: Poured Concrete
  • Foundation: Block
Heating and Cooling
  • Baseboard
  • Ductless
  • Wall Furnace
Basement Information
  • Unfinished
Flooring
  • Concrete
  • Carpet
  • Vinyl Plank
Exterior Features
  • Wood
  • Wood Products
  • Roof: Built-Up
  • Roof: Metal
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
Parking
  • Driveway
  • Off Street
Stories
  • 1
Living Area
  • 3,723 sqft
Additional Listing Info
  • Buyer Brokerage Compensation: 2
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 8/5/2026 18:04. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.