LKV Realty
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Cora NordbyWindermere RE/Lake Chelan
$450,000
21 W 4th Avenue, Omak, WA 98841Listing ID 2564017

21 W 4th Avenue, Omak, WA 98841

Active
Omak
Last updated: Aug 5, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
4
Square Feet
Square Feet
3,723
Acres
Acres
0.37
Cooling
Cooling
Ductless, Insert, Window Unit(s)
Heating
Heating
Baseboard, Ductless, Wall Furnace
Year Built
Year Built
1946
Parking
Parking
Driveway, Off Street

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.

Property Information

Property Details

Location

Address
21 W 4th Avenue
County
Okanogan
City
Omak
Zip Code
98841
Subdivision
Omak
School District
Omak
MLS Area
620 - Okanogan Valley

Interior Features

Beds and Baths

Bedrooms
4
Main Level Bedrooms
4
Full Bathrooms
2
3/4 Bathrooms
2

Building

Building Information

Square Feet
3,723
Year Built
1946
Construction
Wood
Foundation
Block, Poured Concrete
Roof
Built-Up, Metal

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$1,602
Tax Year
2026
Source: Northwest Multiple Listing Service
Northwest Multiple Listing Service logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 12:07 AM UTC. 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. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

For corrections to this data please contact Brytecore MLS Support.

NWM114003

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.