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MLS: #NWM2564017, Listed By: Cora Nordby, Windermere RE/Lake Chelan, Source:NWMLS - Northwest Multiple Listing Service

21 W 4th Avenue

Omak, WA 98841
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Bed 4

Bed

Bath 4

Bath

SqFt3,723

Sqft

Acres0.37

Acre(Lot)

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. Of fering 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.

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Detail Ic Property Details

Property Type : Residential

Price : $450,000

AD Id : 89045456

MLS Id : NWM2564017

Beds : 4

Lot Size : 0.37 Acre

Living Area Size : 3,723

Year Built : 1946

County : Okanogan

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Feature Features

  • Bedroom Information

    Total Bedroom: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 2

    Interior Features

    Ceiling Fan(s) Roof: Built-Up, Metal Appliances: Dryer, Refrigerator, Washer

    Roofing Information

    Built-Up, Metal
  • Flooring Information

    Flooring: Concrete, Vinyl Plank, Carpet Construction Materials: Wood
  • Heating & Cooling

    Heating: Baseboard, Ductless, Wall Furnace Has Heating: Yes Cooling: Ductless, Insert, Window Unit(s) Has Cooling: Yes WaterSource: Public

  • Building Information

    Year Built: 1946
  • Exterior Features

    Wood, Wood Products Construction Materials: Wood Foundation Details: Block, Poured Concrete

  • Lot Information

    Lot Dimensions: 135x120 Lot Description: Alley, Corner Lot, Curbs, Paved, Sidewalk Lot Square Feet: 16117 Lot Acres: 0.37

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Traditional Structure Type: House

  • Listing Price Information

    Original List Price:$450000

  • Tax Information

    Annual Tax: $1602 Tax Year: 2026 Parcel Number: 1770071600

  • Parking Information

    Total Parking: 15 Driveway, Off Street

  • Utility Information

    Sewer: Sewer Connected Water Source: Public
  • Location Information

    Subdivision: Omak City: Omak Direction: Hwy 97 to Omak, Turn on Oak street exit, continue on 97 Hwy Business/Okoma Dr, turns into 4th Ave W at curve, property on Right.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
8 Mundinger Lane, Omak, WA, 98841 $649,000 2 4 1,993 1,993 SqFt
223 Old Riverside Hwy, Omak, WA, 98841 $549,920 2 1 1,494 1,494 SqFt
40 Trail Ridge Dr, Omak, WA, 98841 $540,000 4 4 2,718 2,718 SqFt
100 Omak Airport Road, Omak, WA, 98841 $599,900 5 4 2,804 2,804 SqFt
13 Parkway St, Omak, WA, 98841 $499,000 4 4 2,770 2,770 SqFt
47 Kruse Street, Omak, WA, 98841 $475,000 3 3 1,844 1,844 SqFt
4 River Overlook Street, Omak, WA, 98841 $485,000 3 3 1,578 1,578 SqFt
32 Red Apple Drive, Omak, WA, 98841 $575,000 4 3 3,718 3,718 SqFt
324 Omak River Road, Omak, WA, 98841 $420,000 4 3 1,838 1,838 SqFt
16 River Overlook Street, Omak, WA, 98841 $489,000 4 3 2,290 2,290 SqFt
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ByOwner last updated this listing 08/04/2026 @ 06:20

MLS: NWMLS #2564017 LISTED BY: Cora Nordby, Windermere RE/Lake Chelan 509-682-4211 SOURCE: NWMLS - Northwest Multiple Listing Service (Listings courtesy of NWMLS - Northwest Multiple Listing Service as distributed by MLS GRID)

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