21 W 4th Avenue, Omak, WA 98841
Local realty services provided by:Knipe Realty ERA Powered
Listed by: cora nordby
Office: windermere re/lake chelan
MLS#:2564017
Source:NWMLS
21 W 4th Avenue,Omak, WA 98841
$450,000
- 4 Beds
- 4 Baths
- 5,086 sq. ft.
- Single family
- Active
Price summary
- Price:$450,000
- Price per sq. ft.:$120.87
About this home
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....
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Home facts
- Year built:1946
- Subdivision & Development:Omak
- Listing ID #:2564017
- Updated:September 18, 2026 at 11:32 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:2
- Flooring:Carpet, Concrete Floor, Vinyl Plank
- Kitchen Description:Refrigerator
- Bedroom Description:Main Level Bedrooms : 4
- Basement:Yes
- Basement Description:Unfinished
- Living area:5,086 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Built Up, Metal
- Year built:1946
- Building area:5,086 sq. ft.
- Lot area:0.37 Acres
- Lot Features:Alley, Corner, Curbed Lot, Paved, Sidewalk
- Architectural Style:Traditional
- Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish
- Foundation Description:Unfinished
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$450,000
- Price per sq. ft.:$120.87
- Tax amount:$1,602 (2026)
Features and amenities
- Appliances:Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Ceiling Fan(s), High Speed Internet
Parking
- Total parking spaces:15
- Parking description:Driveway, Off Street Parking
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